Hologic, Inc (NASDAQ: HOLX) is -0.49% lower on its value in year-to-date trading and has touched a low of $70.36 and a high of $84.67 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HOLX stock was last observed hovering at around $72.09 in the last trading session, with the day’s loss setting it -0.35%.
Currently trading at $71.74, the stock is -2.41% and -7.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -0.49% at the moment leaves the stock -7.57% off its SMA200. HOLX registered -0.99% loss for a year compared to 6-month gain of -2.37%. The firm has a 50-day simple moving average (SMA 50) of $77.267 and a 200-day simple moving average (SMA200) of $77.6116.
The stock witnessed a -9.19% loss in the last 1 month and extending the period to 3 months gives it a -10.07%, and is -1.29% down 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 1.37% over the week and 2.20% over the month.
Hologic, Inc (HOLX) has around 7063 employees, a market worth around $16.28B and $4.03B in sales. Current P/E ratio is 21.60 and Fwd P/E is 15.29. Profit margin for the company is 19.59%. Distance from 52-week low is 1.96% and -15.27% from its 52-week high. The company has generated returns on investments over the last 12 months (10.22%).
The EPS is expected to grow by 4.68% this year
1118.0 institutions hold shares in Hologic, Inc (HOLX), with institutional investors hold 106.16% of the company’s shares. The shares outstanding are 231.72M, and float is at 223.70M with Short Float at 2.31%. Institutions hold 105.31% 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 Mitchell Essex D, the company’s Chief Operating Officer. SEC filings show that Mitchell Essex D sold 24,856 shares of the company’s common stock on Dec 04 ’24 at a price of $76.34 per share for a total of $1.9 million. Following the sale, the insider now owns 27957.0 shares.
Still, SEC filings show that on Aug 29 ’24, Oberton Karleen Marie (Chief Financial Officer) disposed off 52,679 shares at an average price of $80.56 for $4.24 million. The insider now directly holds 84,042 shares of Hologic, Inc (HOLX).
