Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Hologic, Inc (NASDAQ: HOLX) closed at $76.00 down -1.13% from its previous closing price of $76.87. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 1.63 million shares were traded. HOLX stock price reached its highest trading level at $76.84 during the session, while it also had its lowest trading level at $75.61.
Ratios:
For a deeper understanding of Hologic, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.93. For the most recent quarter (mrq), Quick Ratio is recorded 3.03 and its Current Ratio is at 3.69. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.51.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on October 01, 2024, Downgraded its rating to Neutral and sets its target price to $85 from $95 previously.
On June 27, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $87.
Citigroup Upgraded its Neutral to Buy on April 03, 2024, whereas the target price for the stock was revised from $80 to $95.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 04 ’24 when Mitchell Essex D bought 24,856 shares for $76.34 per share.
Oberton Karleen Marie sold 52,679 shares of HOLX for $4,243,662 on Aug 29 ’24. The Chief Financial Officer now owns 84,042 shares after completing the transaction at $80.56 per share. On Aug 29 ’24, another insider, Oberton Karleen Marie, who serves as the Officer of the company, bought 52,679 shares for $80.56 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HOLX now has a Market Capitalization of 17444964352 and an Enterprise Value of 18027065344. As of this moment, Hologic,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.89, and their Forward P/E ratio for the next fiscal year is 16.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.28 while its Price-to-Book (P/B) ratio in mrq is 3.43. Its current Enterprise Value per Revenue stands at 4.521 whereas that against EBITDA is 14.506.
Stock Price History:
Over the past 52 weeks, HOLX has reached a high of $84.67, while it has fallen to a 52-week low of $67.59. The 50-Day Moving Average of the stock is -4.92%, while the 200-Day Moving Average is calculated to be -2.32%.
Shares Statistics:
For the past three months, HOLX has traded an average of 1.52M shares per day and 1774140 over the past ten days. A total of 231.72M shares are outstanding, with a floating share count of 223.77M. Insiders hold about 1.40% of the company’s shares, while institutions hold 103.52% stake in the company. Shares short for HOLX as of 1731628800 were 4589757 with a Short Ratio of 3.02, compared to 1728950400 on 5806497. Therefore, it implies a Short% of Shares Outstanding of 4589757 and a Short% of Float of 2.98.
