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After finishing at $81.48 in the prior trading day, Hologic, Inc. (NASDAQ: HOLX) closed at $81.35, down -0.16%. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 1.73 million shares were traded. HOLX stock price reached its highest trading level at $81.72 during the session, while it also had its lowest trading level at $81.05.
Ratios:
Our goal is to gain a better understanding of HOLX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.44. For the most recent quarter (mrq), Quick Ratio is recorded 3.32 and its Current Ratio is at 3.99. 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 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:
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 06 ’24 when Schnittker Brandon sold 476 shares for $83.11 per share. The transaction valued at 39,559 led to the insider holds 3,735 shares of the business.
Schnittker Brandon bought 476 shares of HOLX for $39,559 on Aug 06 ’24. On Aug 01 ’24, another insider, COHN BENJAMIN JORDAN, who serves as the Principal Accounting Officer of the company, sold 5,093 shares for $81.99 each. As a result, the insider received 417,570 and left with 10,476 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 18925508608 and an Enterprise Value of 19006918656. As of this moment, Hologic,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.76, and their Forward P/E ratio for the next fiscal year is 18.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.74 while its Price-to-Book (P/B) ratio in mrq is 3.81. Its current Enterprise Value per Revenue stands at 4.767 whereas that against EBITDA is 15.295.
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 $64.02. The 50-Day Moving Average of the stock is 5.58%, while the 200-Day Moving Average is calculated to be 9.19%.
Shares Statistics:
The stock has traded on average 1.55M shares per day over the past 3-months and 1747420 shares per day over the last 10 days, according to various share statistics. A total of 241.71M shares are outstanding, with a floating share count of 228.95M. Insiders hold about 1.43% of the company’s shares, while institutions hold 98.82% stake in the company. Shares short for HOLX as of 1722384000 were 4686531 with a Short Ratio of 3.02, compared to 1719532800 on 4725725. Therefore, it implies a Short% of Shares Outstanding of 4686531 and a Short% of Float of 3.0299999.
