A share price of Hologic, Inc. [HOLX] is currently trading at $77.54, up 0.27%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HOLX shares have gain 0.21% over the last week, with a monthly amount glided 2.92%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Hologic, Inc. [NASDAQ: HOLX] stock has seen the most recent analyst activity on April 03, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $95 from $80. Previously, Needham upgraded its rating to Buy on July 14, 2023, and kept the price target unchanged to $95. On December 07, 2022, RBC Capital Mkts initiated with a Sector Perform rating and assigned a price target of $75 on the stock. Mizuho started tracking the stock assigning a Buy rating and suggested a price target of $75 on October 13, 2022. UBS initiated its recommendation with a Neutral and recommended $73 as its price target on July 20, 2022. BofA Securities downgraded its rating to Neutral for this stock on July 20, 2022, and downed its price target to $75. In a note dated July 18, 2022, BTIG Research downgraded an Neutral rating on this stock.
Hologic, Inc. experienced fluctuations in its stock price throughout the past year between $64.02 and $87.88. Currently, Wall Street analysts expect the stock to reach $81.2 within the next 12 months. Hologic, Inc. [NASDAQ: HOLX] shares were valued at $77.54 at the most recent close of the market. An investor can expect a potential return of 4.72% based on the average HOLX price forecast.
Analyzing the HOLX fundamentals
Trailing Twelve Months sales for Hologic, Inc. [NASDAQ:HOLX] were 3.97B which represents -5.69% decline. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.55.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 77.08 points at the first support level, and at 76.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.17, and for the 2nd resistance point, it is at 78.81.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hologic, Inc. [NASDAQ:HOLX] is 3.89. Also, the Quick Ratio is 3.18, while the Cash Ratio stands at 2.15. Considering the valuation of this stock, the price to sales ratio is 4.59, the price to book ratio is 3.91 and price to earnings (TTM) ratio is 36.86.
Transactions by insiders
Recent insider trading involved GARRETT SCOTT T, Director, that happened on Mar 14 ’24 when 16441.0 shares were sold. Director, CRAWFORD SALLY completed a deal on Mar 08 ’24 to sell 9039.0 shares. Meanwhile, Director Dockendorff Charles J sold 1465.0 shares on Mar 08 ’24.
