| Profitability | 67/100 |
| Growth | 68/100 |
| Momentum | 93/100 |
| Quality | 84/100 |
| Earnings Quality | 81/100 |
| Balance Sheet | 61/100 |
| Value | 50/100 |
| Risk (safety) | 65/100 |
| Overall | 66.6/100 |
| Symbol | IS Score |
|---|---|
| EW | 65 |
| SYK | 74 |
| MDT | 64 |
| DXCM | 81 |
| ABT | 57 |
| ZBH | 60 |
| BSX | 67 |
Both readings sit above the midpoint — business quality at 67 and price structure at 56 out of 100 — so they are not in conflict. The fundamentals and the tape are saying the same thing, which is the case in which either one alone would have been enough.
| Trigger | Where it stands now | What it would mean |
|---|---|---|
| IS Score reaches 75 and holds two consecutive quarters | now 66.6 | would move us up one band |
| IS Score stops falling - one quarter higher than the prior | last four: 74 → 72 → 73 → 67 | the direction matters more than the level |
| Technical vote share back above 50% | now 55% | price structure no longer broken |
| Institutional holder count rises two quarters running | peak 1,795 → now 1,490 | fewer institutions willing to hold is our clearest warning |
This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.
| Quarter | Holders | 13F shares | Value | Reported own% |
|---|---|---|---|---|
| 2026 Q2 | 1,490 | 1339.1M | $56.9B | 90.6% |
| 2026 Q1 | 1,680 | 1341.0M | $83.2B | 90.8% |
| 2025 Q4 | 1,795 | 1365.0M | $127.4B | 92.4% |
| 2025 Q3 | 1,717 | 1343.9M | $129.2B | 91.0% |
| 2025 Q2 | 1,699 | 1354.9M | $142.5B | 91.7% |
| 2025 Q1 | 1,652 | 1343.2M | $133.0B | 90.9% |
| 2024 Q4 | 1,524 | 1341.4M | $118.0B | 90.8% |
| 2024 Q3 | 1,404 | 1324.7M | $109.3B | 89.7% |
| 2024 Q2 | 1,329 | 1328.1M | $100.3B | 89.9% |
| 2024 Q1 | 1,234 | 1327.9M | $89.3B | 89.9% |
| 2023 Q4 | 1,155 | 1336.3M | $76.0B | 90.4% |
| 2023 Q3 | 1,062 | 1337.9M | $69.4B | 90.5% |
| Insider | Role | Date | Type | Shares | Value | Post-Txn Owned |
|---|---|---|---|---|---|---|
| O'Connor Padraig Andrew | EVP, Global Operations | 2026-09-02 | EXERCISE | 1,171 | — | 8,459 |
| O'Connor Padraig Andrew | EVP, Global Operations | 2026-09-02 | TAX W/H | 567 | $0.03M | 7,892 |
| O'Connor Padraig Andrew | EVP, Global Operations | 2026-09-02 | EXERCISE | 1,171 | — | 3,516 |
| Morano Susan E | director | 2026-08-25 | BUY | 2,040 | $0.10M | 13,784 |
| Woodworth Emily | SVP, Global Controller and CAO | 2026-08-11 | I-Discretionary | 2,930 | $0.15M | 2,930 |
| Monson Jonathan | EVP and CFO | 2026-08-10 | I-Discretionary | 9,908 | $0.50M | 9,908 |
| Habiger David C | director | 2026-08-05 | BUY | 2,100 | $0.10M | 17,160 |
| Habiger David C | director | 2026-08-04 | BUY | 140 | $0.01M | 15,060 |
| 6-mo decomposition (Form 4) | Txns | Shares | Value | Signal weight |
|---|---|---|---|---|
| P — Open-market purchases | 10 | 206,362 | $10.0M | Counted |
| M — Exercises (paired A/D) | 5 | 8,000 | — | None — mechanics |
| F — Tax withholding | 5 | 3,828 | $0.2M | None — compensation |
| G — Gifts | 1 | 386,755 | — | None |
| Filed | Filer | Shares registered | Est. proceeds |
|---|---|---|---|
| 2026-02-02 | Michael F Mahoney | 160,901 | $15.0M |
| 2025-12-01 | Arthur C Butcher | 17,313 | $1.8M |
| 2025-11-06 | Zane Ellen M | 2,901 | $0.3M |
| 2025-11-03 | Joseph M Fitzgerald | 50,000 | $5.0M |
| Trailing 12 mo | 8 filings | 344,006 | $34M |
| Filed | Form | Reporting person | % of class | Shares |
|---|---|---|---|---|
| 2026-08-06 | SCHEDULE 13G/A | Abigail P. Johnson | 3.10% | 46.4M sh |
| 2026-05-06 | SCHEDULE 13G/A | Abigail P. Johnson | 5.10% | 75.8M sh |
| 2026-04-29 | SCHEDULE 13G | Vanguard Capital Management | 7.47% | 111.1M sh |
| 2026-03-26 | SCHEDULE 13G/A | The Vanguard Group | — | exit/reporting change |
| Member | Chamber | Trade | Size band | Traded | Disclosed |
|---|---|---|---|---|---|
| Ro Khanna | House | SELL | $1,001 - $15,000 | 2026-09-11 | 2026-10-09 |
| Kevin Hern | House | SELL | $50,001 - $100,000 | 2026-09-09 | 2026-09-28 |
| Kevin Hern | House | SELL | $50,001 - $100,000 | 2026-09-09 | 2026-09-25 |
| John Boozman | Senate | SELL | $1,001 - $15,000 | 2026-06-04 | 2026-07-13 |
| Markwayne Mullin | Senate | BUY | $15,001 - $50,000 | 2025-12-29 | 2026-01-16 |
| Markwayne Mullin | Senate | BUY | $15,001 - $50,000 | 2025-12-29 | 2026-01-15 |
| Manager | Shares | Value |
|---|---|---|
| Assenagon Asset Management S.A. | 6.7M | $294M |
| Zwj Investment Counsel Inc | 739,647 | $32M |
| Vontobel Holding Ltd. | 587,308 | $26M |
| Gateway Investment Advisers Llc | 505,049 | $22M |
| Gradient Investments Llc | 443,592 | $19M |
| Mn Services Vermogensbeheer B.V. | 433,013 | $19M |
| Fund | Weight | Position |
|---|---|---|
| VITSX | 0.1% | $2.0B |
| VTSAX | 0.1% | $2.0B |
| VSMPX | 0.1% | $2.0B |
| VTI | 0.1% | $2.0B |
| VFINX | 0.1% | $1.7B |
| VOO | 0.1% | $1.7B |
| ATS Venue (4-wk) | Shares | Avg trade |
|---|---|---|
| Incr Intelligent Cross Llc | 17.1M | 89 sh |
| Ubsa Ubs Ats | 15.0M | 89 sh |
| Ebxl Level Ats | 11.3M | 70 sh |
| Pure Purestream | 10.5M | 63 sh |
| Sgmt Sigma X2 | 10.0M | 95 sh |
| Bids Bids Ats | 9.7M | 641 sh |
| Region | Revenue | Share |
|---|---|---|
| UNITED STATES | $12.9B | 64% |
| Non-US | $7.2B | 36% |
Moat score 64/100 — Narrow; primary source Network Effects.
| Officer | Title |
|---|---|
| Michael F. Mahoney | Chairman, President & Chief Executive Officer |
| Joseph Fitzgerald | Executive VP & Group President of Cardiovascular |
| Arthur Crosswell Butcher | Executive Vice President and Group President of MedSurg & Asia Pacific |
| Vance R. Brown | EVP, General Counsel & Corporate Secretary |
| Period | EPS est. | EPS actual | EPS surprise | Rev est. ($M) | Rev actual ($M) | Rev surprise |
|---|
| YoY growth | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | +19.9% | +6.7% | +12.3% | +17.6% | +19.9% |
| Gross profit | +33.8% | +3.4% | +14.5% | +16.3% | +34.9% |
| Operating income | +219.8% | -5.1% | +19.6% | +20.8% | +50.7% |
| Net income | -1368.3% | -32.9% | +128.2% | +16.4% | +55.7% |
| $B · FY ends | FY21 | FY22 | FY23 | FY24 | FY25 | Trend |
|---|---|---|---|---|---|---|
| Revenue | 11.9 | 12.7 | 14.2 | 16.7 | 20.1 | |
| Cost of revenue | 4.4 | 5.0 | 5.4 | 6.5 | 6.2 | |
| Gross profit | 7.5 | 7.7 | 8.8 | 10.3 | 13.9 | |
| R&D expense | 1.2 | 1.3 | 1.4 | 1.6 | 2.1 | |
| SG&A expense | 4.3 | 4.5 | 5.2 | 6.0 | 6.9 | |
| Operating income | 1.9 | 1.8 | 2.2 | 2.6 | 4.0 | |
| EBITDA | 2.5 | 2.7 | 3.5 | 3.9 | 3.7 | |
| D&A | 1.1 | 1.1 | 1.2 | 1.3 | 0.0 | |
| Pretax income | 1.1 | 1.1 | 2.0 | 2.3 | 3.4 | |
| Income tax | 0.0 | 0.4 | 0.4 | 0.4 | 0.5 | |
| Net income | 1.0 | 0.7 | 1.6 | 1.9 | 2.9 | |
| Diluted EPS ($) | 0.69 | 0.45 | 1.07 | 1.25 | 1.94 | |
| Diluted shares (M) | 1,434 | 1,440 | 1,464 | 1,486 | 1,494 |
| $B | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | 0.9 | 0.9 | 0.4 | 2.0 | |
| ST investments | 0.0 | 0.0 | 0.0 | 0.0 | |
| Receivables (net) | 2.0 | 2.2 | 2.6 | 2.9 | |
| Total current assets | 5.8 | 6.5 | 6.9 | 8.8 | |
| PP&E (net) | 2.8 | 3.3 | 3.7 | 4.5 | |
| Goodwill + intangibles | 18.8 | 20.4 | 23.8 | 25.3 | |
| Total assets | 32.5 | 35.1 | 39.4 | 43.7 | |
| Accounts payable | 0.9 | 0.9 | 1.0 | 1.1 | |
| Short-term debt | 0.0 | 0.5 | 1.8 | 0.4 | |
| Deferred revenue | 0.2 | 0.3 | 0.3 | 0.3 | |
| Total current liabilities | 3.8 | 4.9 | 6.4 | 5.4 | |
| Long-term debt | 8.9 | 8.6 | 8.8 | 11.5 | |
| Total liabilities | 14.9 | 15.6 | 17.4 | 19.2 | |
| Shareholders' equity | 17.6 | 19.5 | 22.0 | 24.5 |
| $B | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Net income | 0.7 | 1.6 | 1.8 | 2.9 | |
| D&A | 1.1 | 1.2 | 1.3 | 1.4 | |
| Stock-based compensation | 0.2 | 0.2 | 0.3 | 0.3 | |
| Working capital change | (1.0) | (0.8) | (0.5) | (0.2) | |
| Operating cash flow | 1.5 | 2.5 | 3.4 | 4.5 | |
| Capital expenditures | (0.6) | (0.8) | (0.8) | (0.9) | |
| Investing cash flow | (2.0) | (2.6) | (5.7) | (2.6) | |
| Buybacks | 0.1 | 0.0 | 0.0 | 0.0 | |
| Dividends paid | (0.1) | (0.0) | 0.0 | 0.0 | |
| Debt issuance / (repay) | (0.2) | (0.0) | 1.8 | (0.5) | |
| Financing cash flow | (0.5) | 0.0 | 1.8 | (0.4) | |
| Free cash flow | 0.9 | 1.7 | 2.6 | 3.7 |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| PROFITABILITY | |||||||
| ROE | 6.5% | 4.1% | 8.6% | 9.0% | 12.6% | 15% | |
| ROA | 3.3% | 2.2% | 4.7% | 5.0% | 7.0% | 8.1% | |
| ROIC | 7.1% | 4.4% | 6.3% | 6.6% | 9.8% | 10.6% | |
| Gross margin | 62.8% | 60.8% | 62.0% | 61.3% | 69.0% | 71.2% | |
| Operating margin | 16.2% | 14.4% | 15.3% | 15.7% | 19.8% | 21.5% | |
| Net margin | 8.7% | 5.5% | 11.2% | 11.1% | 14.4% | 17.5% | |
| EBITDA margin | 21.2% | 21.6% | 24.2% | 23.5% | 18.6% | 27.6% | |
| FCF margin | 11.1% | 7.2% | 12.0% | 14.6% | 18.1% | — | |
| VALUATION | |||||||
| P/E | 58.66 | 95.48 | 53.63 | 71.83 | 49.35 | 17.9 | |
| P/B | 3.67 | 3.80 | 4.43 | 6.11 | 5.89 | 2.6 | |
| P/S | 5.13 | 5.26 | 6.00 | 7.95 | 7.10 | 3.06 | |
| P/FCF | 46.36 | 72.70 | 50.13 | 54.60 | 39.34 | 17.7 | |
| EV/EBITDA | 27.19 | 27.14 | 27.23 | 36.65 | 29.02 | 13.2 | |
| EV/Revenue | 5.77 | 5.92 | 6.60 | 8.59 | 7.62 | 3.6 | |
| Earnings yield | 1.7% | 1.0% | 1.9% | 1.4% | 2.0% | 5.59% | |
| FCF yield | 2.2% | 1.4% | 2.0% | 1.8% | 2.5% | 5.63% | |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| LEVERAGE & SOLVENCY | |||||||
| Current ratio | 1.48 | 1.51 | 1.32 | 1.08 | 1.62 | 1.24 | |
| Quick ratio | 1.10 | 1.02 | 0.82 | 0.64 | 1.08 | 0.74 | |
| Debt / equity | 0.57 | 0.53 | 0.49 | 0.51 | 0.51 | 0.51 | |
| Debt / assets | 29.3% | 28.6% | 27.0% | 28.3% | 28.4% | 27.9% | |
| Net debt / EBITDA | 2.99 | 3.02 | 2.50 | 2.73 | 1.97 | 2.08 | |
| Interest coverage | 4.07 | 3.34 | 8.29 | 7.08 | 11.03 | — | |
| Ratio | FY21 | FY22 | FY23 | FY24 | FY25 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| EFFICIENCY | |||||||
| Asset turnover | 0.38 | 0.39 | 0.42 | 0.45 | 0.48 | 0.46 | |
| Receivables turnover | 7.19 | 6.77 | 6.78 | 7.00 | 7.32 | 6.9 | |
| DSO (days) | 51 | 54 | 54 | 52 | 50 | 53 | |
| DPO (days) | 53 | 61 | 61 | 54 | 62 | 74 | |
| Cash conversion cycle | 118 | 121 | 140 | 148 | 157 | 174 | |
| GROWTH (YoY) | |||||||
| Revenue growth | 19.9% | 6.7% | 12.3% | 17.6% | 19.9% | — | |
| Net income growth | 848.2% | -32.8% | 127.8% | 16.4% | 56.0% | — | |
| EPS growth | 850.5% | -33.1% | 122.4% | 15.4% | 55.4% | — | |
| FCF growth | 31.3% | -30.2% | 85.5% | 43.2% | 48.7% | — | |
| PER SHARE ($) | |||||||
| EPS (diluted, TTM) | 0.72 | 0.48 | 1.08 | 1.24 | 1.93 | 2.48 | |
| Book value / share | 11.57 | 12.18 | 13.06 | 14.61 | 16.20 | 17.04 | |
| Revenue / share | 8.28 | 8.79 | 9.64 | 11.24 | 13.42 | 14.21 | |
| FCF / share | 0.92 | 0.64 | 1.15 | 1.64 | 2.42 | 2.45 | |
| Cash / share | 1.34 | 0.64 | 0.59 | 0.28 | 1.37 | 0.36 | |
| SHAREHOLDER RETURN & SCORES | |||||||
| Buyback yield | 0.0% | 0.1% | 0.0% | 0.1% | 0.0% | 3.16% | |
| Altman Z-Score | 2.88 | 3.28 | 3.99 | 5.35 | 5.48 | 3.0 | |
| Piotroski F-Score | 8 | 6 | 7 | 5 | 7 | 8/9 | |
| Beneish M-Score | -2.48 | -2.47 | -2.49 | -2.45 | -2.62 | -2.49 | |
| Model | Score | Zone | Note |
|---|---|---|---|
| Piotroski F-Score | 8 / 9 | Strong | |
| Altman Z-Score | 3.0 | Safe (>2.99) | Grey |
| Income quality | 1.23 | Cash-backed | OCF ÷ net income |
| Beneish M-Score | -2.49 | Non-manipulator | vs −2.22 threshold |
| DuPont Decomposition (TTM) | Value |
|---|---|
| Tax burden | 0.95 |
| Interest burden | 0.88 |
| Operating margin | 20.9% |
| Asset turnover | 0.48× |
| Financial leverage | 1.83× |
| = ROE | 15% |
| Growth Quality (live) | Value |
|---|---|
| Revenue stability | 0.95 |
| Earnings stability | 0.92 |
| Earnings persistence | 0.81 |
| Revenue CAGR 3y | 16.1% |
| EPS CAGR 3y | 58.0% |
| FCF CAGR 3y | 36.5% |
| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | Piotroski | 1-yr ret |
|---|---|---|---|---|---|---|---|
| EW | $49.9B | 49.8 | 9% | 13.9% | +14.6% | 6/9 | +19.2% |
| SYK | $113.0B | 30.3 | 17% | 19.4% | +8.5% | 9/9 | -20.2% |
| MDT | $121.2B | 23.2 | 11% | 15.1% | +9.8% | 9/9 | +3.0% |
| DXCM | $32.5B | 33.2 | 38% | 19.0% | +15.5% | 9/9 | +29.7% |
| ABT | $181.5B | 33.7 | 11% | 7.4% | +8.1% | 5/9 | — |
| ZBH | $18.1B | 23.0 | 6% | 9.1% | +8.6% | 6/9 | — |
| PEN | $12.6B | 78.4 | 11% | 8.9% | +17.6% | 6/9 | — |
| SNN | $12.2B | 19.0 | 22% | 9.8% | +11.5% | 8/9 | — |
| Consensus estimates | Revenue mean | High / Low | EPS mean | High / Low | # EPS est. |
|---|---|---|---|---|---|
| FY2026 | $21.19B | $21.72B / $20.87B | $3.25 | $3.32 / $3.12 | 15 |
| FY2027 | $22.22B | $23.14B / $21.75B | $3.39 | $3.60 / $3.22 | 15 |
| FY2028 | $23.67B | $24.81B / $22.92B | $3.74 | $3.98 / $3.64 | 5 |
| Window | Avg Target | vs. Price | # Targets |
|---|---|---|---|
| Last Month | $53.50 | +20.5% | 6 |
| Last Quarter | $60.11 | +35.4% | 19 |
| Last Year | $85.53 | +92.7% | 78 |
| All Time | $83.24 | +87.5% | 149 |
| Moving Average | Value | Distance | % Distance | Signal |
|---|---|---|---|---|
| SMA 20 | $43.45 | +0.94 | +2.16% | Above |
| SMA 50 | $46.09 | -1.70 | -3.69% | Below |
| SMA 200 | $59.10 | -14.71 | -24.89% | Below |
| EMA 9 | $43.46 | +0.93 | +2.14% | Above |
| EMA 21 | $43.71 | +0.68 | +1.56% | Above |
| EMA 50 | $45.10 | -0.71 | -1.57% | Below |
| EMA 200 | $58.19 | -13.80 | -23.72% | Below |
| Level | Value | Level | Value |
|---|---|---|---|
| Pivot / R1 / R2 | $44.01 / $44.56 / $44.98 | S1 / S2 | $43.59 / $43.04 |
| Bollinger (20,2) | $41.59 – $45.30 | Squeeze | Off |
| 52-wk range | $41.39 – $105.65 | Off 52-wk high | -58.0% |
| ATR (14) | $1.25 (2.8%) | Historical vol | 22.4% |
| Computed from live weekly prices | BSX | S&P 500 |
|---|---|---|
| Weekly volatility (σ, 1y) | 5.79% | 1.83% |
| Best / worst week (1y) | +9.7% / -19.5% | — |
| Max drawdown (5y, monthly) | -59.1% | — |
| 1-week VaR (95%) | -13.3% | — |
| Beta (5y) | 0.57 | 1.00 |
| Reading | BSX | Medical - Devices n=524 | Healthcare n=5,272 | All US symbols n=70,435 |
|---|---|---|---|---|
| Overall | -25.4 | -20.2 | -24.0 | -20.5 |
| Trend | -41.0 | -22.1 | -25.6 | -21.3 |
| Momentum | +29.5 | -22.0 | -28.5 | -15.8 |
| Volume | -42.4 | -5.0 | -25.0 | -3.8 |
| Executive | Total comp | Structure |
|---|---|---|
| Michael F. Mahoney Chairman of the Board, Pr | $23.5M | 75% equity+incentive |
| Joseph M. Fitzgerald Executive Vice Presiden | $8.0M | 72% equity+incentive |
| Arthur C. Butcher Executive Vice President a | $6.5M | 68% equity+incentive |
| Daniel J. Brennan Former Executive Vice Pres | $6.3M | 72% equity+incentive |
| Jonathan R. Monson Executive Vice President | $6.1M | 41% equity+incentive |
| Pillar (live disclosure scores) | Score |
|---|---|
| Environmental | 73 |
| Social | 59 |
| Governance | 57 |
| Composite ESG | 63 |
| Filed | 8-K contents | Items |
|---|---|---|
| 2026-10-07 | Officer/Director Change; Other Events; Exhibits | 5.02,8.01,9.01 |
| 2026-09-23 | Officer/Director Change | 5.02 |
| 2026-09-08 | Other Events | 8.01 |
| 2026-08-26 | Other Events | 8.01 |
| 2026-07-29 | Earnings Release; Exhibits | 2.02,9.01 |
| 2026-07-27 | Exit/Disposal Costs | 2.05 |
| 2026-05-18 | Other Events; Exhibits | 8.01,9.01 |
| 2026-05-18 | Other Events; Exhibits | 8.01,9.01 |
Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.
| Data domain | Source | Coverage for this report |
|---|---|---|
| Price & volume | market_db.historical_prices | 52 rows |
| Fundamentals | income_statements_annual | 6 rows · 2020 to 2025 |
| Reported vs consensus | fact/earnings_calendar | 24 rows · 2020-10-28 to 2026-07-29 |
| Analyst estimates | dim/forward_estimates | 3 rows · 2026-12-31 to 2028-12-31 |
| Institutional ownership (13F) | holdings_db.institutional_ownership_summary | 114 rows · 1998 to 2026 |
| Insider transactions (Form 4) | edgar/form4 | 12 rows · 2026-07-31 to 2026-09-02 |
| Proposed sales (Form 144) | edgar/form144 | 1 record |
| Beneficial ownership (13D/G) | edgar/13dg | 4 rows · 2026-03-26 to 2026-08-06 |
| Short-sale volume (FINRA) | edgar/short_volume_daily | 60 rows · 2026-07-23 to 2026-10-15 |
| Dark pool (ATS, tier 1) | edgar/darkpool_weekly | 12 rows · 2026-06-15 to 2026-08-31 |
| ETF & fund holding | etf_holdings_changelog (30d) | 1 record |
| Peer set | stock_peers_dynamic | 8 rows |
| Industry medians | industry_medians | 1 record |
| Congressional trades | congress_db (House + Senate) | 1 record |
| ESG | fact/esg_disclosures | 1 record |
Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.
Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.