A share price of Hologic, Inc [HOLX] is currently trading at $72.68, up 0.25%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HOLX shares have gain 0.58% over the last week, with a monthly amount drifted -7.97%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Needham reaffirmed its Buy rating on December 10, 2024, and kept the price target unchanged to $90. On December 10, 2024, Jefferies initiated with a Hold rating and assigned a price target of $85 on the stock. Citigroup downgraded its rating to a Neutral and decreased its price target to $85 on October 01, 2024. Stephens initiated its recommendation with a Overweight and recommended $87 as its price target on June 27, 2024. Citigroup upgraded its rating to Buy for this stock on April 03, 2024, and upped its price target to $95. In a note dated July 14, 2023, Needham upgraded an Buy rating on this stock but restated the target price of $95.
Hologic, Inc experienced fluctuations in its stock price throughout the past year between $70.36 and $84.67. Currently, Wall Street analysts expect the stock to reach $74.2 within the next 12 months. Hologic, Inc [NASDAQ: HOLX] shares were valued at $72.68 at the most recent close of the market. An investor can expect a potential return of 2.09% based on the average HOLX price forecast.
Analyzing the HOLX fundamentals
Trailing Twelve Months sales for Hologic, Inc [NASDAQ:HOLX] were 4.03B which represents 4.51% growth. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.16 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.
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 72.20 points at the first support level, and at 71.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.97, and for the 2nd resistance point, it is at 73.25.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hologic, Inc [NASDAQ:HOLX] is 3.69. As well, the Quick Ratio is 3.03, while the Cash Ratio is 2.08. Considering the valuation of this stock, the price to sales ratio is 4.10, the price to book ratio is 3.28 and price to earnings (TTM) ratio is 21.89.
Transactions by insiders
Recent insider trading involved Mitchell Essex D, Chief Operating Officer, that happened on Dec 04 ’24 when 24856.0 shares were sold. Officer, Mitchell Essex D completed a deal on Dec 04 ’24 to buy 24856.0 shares. Meanwhile, Chief Financial Officer Oberton Karleen Marie sold 52679.0 shares on Aug 29 ’24.
