David Roux - Boston Scientific Independent Director

BSX Stock  USD 68.49  0.13  0.19%   

Director

Mr. David J. Roux is Independent Director of the Company. Mr. Roux is Chairman of Jackson Laboratories, an independent biomedical research institute. He is the cofounder and was the Chairman, coChief Executive Officer and managing partner of Silver Lake, a private equity firm focused on technology investing, from January 2014 to December 2017. Prior to that, Mr. Roux was Chairman and Chief Executive Officer of Liberate Technologies, Executive Vice President at Oracle Corporation and Senior Vice President at Lotus Development. He is also Chairman of Bristol Seafoods and Vice Chairman of National Audubon Society. He previously served as a director of Avaya Inc., Avaya Holdings Corporationration and Intelsat S.A. since 2015.
Age 67
Tenure 9 years
Professional MarksMBA
Address 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234
Phone508 683 4000
Webhttps://www.bostonscientific.com
Roux holds an M.B.A. from Harvard Business School and an M. Phil. from King College, Cambridge University. He is a graduate of Harvard College.

Boston Scientific Management Efficiency

The company has Return on Asset of 0.0447 % which means that on every $100 spent on assets, it made $0.0447 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0858 %, implying that it generated $0.0858 on every 100 dollars invested. Boston Scientific's management efficiency ratios could be used to measure how well Boston Scientific manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Boston Scientific's Return On Capital Employed is fairly stable compared to the past year. Return On Assets is likely to rise to 0.05 in 2024, whereas Return On Equity is likely to drop 0.06 in 2024. At this time, Boston Scientific's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 30.1 B in 2024, whereas Total Current Assets are likely to drop slightly above 3.3 B in 2024.
The company has 9.49 B in debt with debt to equity (D/E) ratio of 0.51, which is OK given its current industry classification. Boston Scientific Corp has a current ratio of 1.42, which is typical for the industry and considered as normal. Debt can assist Boston Scientific until it has trouble settling it off, either with new capital or with free cash flow. So, Boston Scientific's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Boston Scientific Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Boston to invest in growth at high rates of return. When we think about Boston Scientific's use of debt, we should always consider it together with cash and equity.

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Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company was incorporated in 1979 and is headquartered in Marlborough, Massachusetts. Boston Scientific operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 41000 people. Boston Scientific Corp (BSX) is traded on New York Stock Exchange in USA. It is located in 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 and employs 48,000 people. Boston Scientific is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

Boston Scientific Corp Leadership Team

Elected by the shareholders, the Boston Scientific's board of directors comprises two types of representatives: Boston Scientific inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Boston. The board's role is to monitor Boston Scientific's management team and ensure that shareholders' interests are well served. Boston Scientific's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Boston Scientific's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edward Ludwig, Lead Independent Director
Donna James, Independent Director
Stephen MacMillan, Independent Director
Michael Mahoney, Chairman of the Board, President, Chief Executive Officer
Emily Woodworth, Global VP
Kevin Ballinger, Executive Vice President and Global President - Interventional Cardiology
Desiree RallsMorrison, Senior Vice President General Counsel, Corporate Secretary
Keith Dawkins, Global Chief Medical Officer, Executive Vice President
Maulik Nanavaty, Senior Vice President and President - Neuromodulation
Ian Meredith, Executive Vice President Global Chief Medical Officer
David Pierce, Executive Vice President and President, MedSurg and President - Endoscopy
Supratim Bose, Executive VP and President of Asia-Pac, Middle East and Africa
Ellen Zane, Independent Director
Joseph Fitzgerald, Executive Vice President, President, Interventional Cardiology
Warren Wang, Senior Vice President and President - Asia Pacific
Timothy Pratt, Chief Admin. Officer, Executive VP, General Counsel and Secretary
Eric Thepaut, Executive Vice President and President - Europe, Middle East and Africa
Daniel Brennan, CFO, Principal Accounting Officer and Executive VP
Kristina Johnson, Independent Director
Nelda Connors, Independent Director
Wendy Carruthers, Executive Vice President - Human Resources
Peter Nicholas, Co-Founder and Chairman of The Board
Jodi Eddy, Senior Vice President and Chief Information and Digital Officer
Catherine Jennings, VP Interventions
John Sorenson, Senior Vice President - Manufacturing and Supply Chain
Arthur Butcher, Executive Vice President and President, Asia Pacific
Edward Mackey, Executive Vice President - Global Operations
Ernest Mario, Independent Director
Karen Prange, Senior Vice President and President - Urology & Women's Health
Scott Olson, Senior Vice President, President - Cardiac Rhythm Management and Diagnostics
Vance Brown, Senior Vice President General Counsel, Corporate Secretary
N Nicholas, Independent Director
Charles Dockendorff, Independent Director
Mary Moynihan, Senior Officer
John Sununu, Independent Director
Michael Phalen, Executive Vice President and President - MedSurg
Jeffrey Mirviss, Executive Vice President and President - Peripheral Interventions
Yoshiaki Fujimori, Independent Director
David Wichmann, Independent Director
David Roux, Independent Director
Susan Lisa, VP, Investor Relations
Jonathan Monson, Chief Accounting Officer, Vice President Global Controller
Meghan Scanlon, Senior Vice President and President - Urology and Pelvic Health

Boston Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Boston Scientific a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Boston Scientific

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boston Scientific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boston Scientific will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Boston Scientific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boston Scientific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boston Scientific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Boston Scientific Corp to buy it.
The correlation of Boston Scientific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boston Scientific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boston Scientific Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boston Scientific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Boston Scientific Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Boston Scientific's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Boston Scientific Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Boston Scientific Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boston Scientific Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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When running Boston Scientific's price analysis, check to measure Boston Scientific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boston Scientific is operating at the current time. Most of Boston Scientific's value examination focuses on studying past and present price action to predict the probability of Boston Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Scientific's price. Additionally, you may evaluate how the addition of Boston Scientific to your portfolios can decrease your overall portfolio volatility.
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Is Boston Scientific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Boston Scientific. If investors know Boston will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Boston Scientific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.856
Earnings Share
1.07
Revenue Per Share
9.8
Quarterly Revenue Growth
0.149
Return On Assets
0.0447
The market value of Boston Scientific Corp is measured differently than its book value, which is the value of Boston that is recorded on the company's balance sheet. Investors also form their own opinion of Boston Scientific's value that differs from its market value or its book value, called intrinsic value, which is Boston Scientific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Boston Scientific's market value can be influenced by many factors that don't directly affect Boston Scientific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Boston Scientific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boston Scientific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boston Scientific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.