Market Resilience: Hologic, Inc (HOLX) Finishes Weak at 79.29, Down -1.49

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Hologic, Inc (NASDAQ: HOLX) closed the day trading at $79.29 down -1.49% from the previous closing price of $80.49. In other words, the price has decreased by -$1.49 from its previous closing price. On the day, 1.46 million shares were traded. HOLX stock price reached its highest trading level at $80.75 during the session, while it also had its lowest trading level at $78.94.

Ratios:

For a better understanding of HOLX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.95. 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 0.49 whereas as Long-Term Debt/Eq ratio is at 0.49.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 29 ’24 when Oberton Karleen Marie sold 52,679 shares for $80.56 per share. The transaction valued at 4,243,662 led to the insider holds 84,042 shares of the business.

Oberton Karleen Marie bought 52,679 shares of HOLX for $4,243,657 on Aug 29 ’24. On Aug 06 ’24, another insider, Schnittker Brandon, who serves as the Div. President, GYN Surgical of the company, sold 476 shares for $83.11 each. As a result, the insider received 39,559 and left with 3,735 shares of the company.

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 18697850880 and an Enterprise Value of 18791239680. As of this moment, Hologic,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.85, and their Forward P/E ratio for the next fiscal year is 16.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.57 while its Price-to-Book (P/B) ratio in mrq is 3.72. Its current Enterprise Value per Revenue stands at 4.712 whereas that against EBITDA is 15.121.

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 $66.93. The 50-Day Moving Average of the stock is -2.12%, while the 200-Day Moving Average is calculated to be 2.49%.

Shares Statistics:

Over the past 3-months, HOLX traded about 1.47M shares per day on average, while over the past 10 days, HOLX traded about 1833770 shares per day. A total of 241.71M shares are outstanding, with a floating share count of 229.23M. Insiders hold about 1.31% of the company’s shares, while institutions hold 98.31% stake in the company. Shares short for HOLX as of 1728950400 were 5806497 with a Short Ratio of 3.95, compared to 1726185600 on 5178233. Therefore, it implies a Short% of Shares Outstanding of 5806497 and a Short% of Float of 3.7600000000000002.

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