Hologic, Inc. (NASDAQ: HOLX) is 12.50% higher on its value in year-to-date trading and has touched a low of $64.02 and a high of $84.67 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HOLX stock was last observed hovering at around $79.71 in the last trading session, with the day’s gains setting it 0.67%.
Currently trading at $80.38, the stock is -1.41% and 3.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 0.84% at the moment leaves the stock 7.26% off its SMA200. HOLX registered 6.38% gain for a year compared to 6-month gain of 8.45%.
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The stock witnessed a -2.58% loss in the last 1 month and extending the period to 3 months gives it a 11.04%, and is 0.45% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.84% over the week and 1.80% over the month.
Hologic, Inc. (HOLX) has around 6990 employees, a market worth around $18.67B and $3.99B in sales. Current P/E ratio is 27.43 and Fwd P/E is 18.03. Profit margin for the company is 17.59%. Distance from 52-week low is 25.55% and -5.07% from its 52-week high. The company has generated returns on investments over the last 12 months (9.39%).
The EPS is expected to grow by 3.09% this year
1092.0 institutions hold shares in Hologic, Inc. (HOLX), with institutional investors hold 100.89% of the company’s shares. The shares outstanding are 241.71M, and float is at 229.24M with Short Float at 2.25%. Institutions hold 100.17% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.77 million shares valued at $1.99 billion. The investor’s holdings represent 11.3498 of the HOLX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 23.1 million shares valued at $1.72 billion to account for 9.7922 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 22.46 million shares representing 9.5193 and valued at over $1.67 billion, while STATE STREET CORP holds 4.3784 of the shares totaling 10.33 million with a market value of $766.87 million.
Hologic, Inc. (HOLX) Insider Activity
The most recent transaction is an insider sale by Schnittker Brandon, the company’s Div. President, GYN Surgical. SEC filings show that Schnittker Brandon sold 476 shares of the company’s common stock on Aug 06 ’24 at a price of $83.11 per share for a total of $39559.0. Following the sale, the insider now owns 3735.0 shares.
Still, SEC filings show that on Aug 01 ’24, COHN BENJAMIN JORDAN (Principal Accounting Officer) disposed off 5,093 shares at an average price of $81.99 for $0.42 million. The insider now directly holds 10,476 shares of Hologic, Inc. (HOLX).
