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The closing price of Hologic, Inc. (NASDAQ: HOLX) was $77.88 for the day, down -0.59% from the previous closing price of $78.34. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 1.39 million shares were traded. HOLX stock price reached its highest trading level at $79.6 during the session, while it also had its lowest trading level at $77.81.
Ratios:
Our analysis of HOLX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.15. For the most recent quarter (mrq), Quick Ratio is recorded 3.29 and its Current Ratio is at 3.97. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.52.
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 this company, Stephens on June 27, 2024, initiated with a Overweight rating and assigned the stock a target price of $87.
On April 03, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $80 to $95.
Needham Upgraded its Hold to Buy on July 14, 2023, while the target price for the stock was maintained at $95.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 17 ’24 when Stamoulis Christiana sold 9,039 shares for $79.50 per share. The transaction valued at 718,600 led to the insider holds 45,472 shares of the business.
MACMILLAN STEPHEN P sold 3,672 shares of HOLX for $294,223 on Jul 17 ’24. The Chairman, President and CEO now owns 1,157,562 shares after completing the transaction at $80.13 per share. On Mar 14 ’24, another insider, GARRETT SCOTT T, who serves as the Director of the company, sold 16,441 shares for $75.50 each. As a result, the insider received 1,241,296 and left with 48,611 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 18175399936 and an Enterprise Value of 18555996160. As of this moment, Hologic,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.06, and their Forward P/E ratio for the next fiscal year is 17.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.59 while its Price-to-Book (P/B) ratio in mrq is 3.75. Its current Enterprise Value per Revenue stands at 4.685 whereas that against EBITDA is 15.184.
Stock Price History:
Over the past 52 weeks, HOLX has reached a high of $82.31, while it has fallen to a 52-week low of $64.02. The 50-Day Moving Average of the stock is 4.43%, while the 200-Day Moving Average is calculated to be 6.18%.
Shares Statistics:
HOLX traded an average of 1.40M shares per day over the past three months and 1565230 shares per day over the past ten days. A total of 241.71M shares are outstanding, with a floating share count of 230.35M. Insiders hold about 1.29% of the company’s shares, while institutions hold 97.32% stake in the company. Shares short for HOLX as of 1721001600 were 4519413 with a Short Ratio of 3.23, compared to 1718323200 on 4636830. Therefore, it implies a Short% of Shares Outstanding of 4519413 and a Short% of Float of 2.91.
