Jul. 17 at 12:08 PM
$BSX $ISRG Same sport, different position.
$ISRG numbers great across the board. Likely priced to a premium when compared to peers.
$BSX p/s 3.12
$ISRG p/s 13.29
So a 4x multiple. Would equate to an approx
$BSX SP
$180 relative to
$ISRG here
$BSX fwd p/e 12.82
$ISRG fwd p/e 37.45
So a 3x multiple. Would equate to an approx
$BSX SP
$135 relative to
$ISRG here.
Full bull on med tech but likely explanation on repricing underway.
