Hologic, Inc (HOLX) Down -33.27% From Its 52-Week High, But Growth Potential Is Changing Over Time

Hologic, Inc (NASDAQ:HOLX) currently has a daily average trading volume of 2.76M but it saw 3256992 shares traded in last market. With a market cap of 12.68B USD, the company’s current market price of $56.50 came falling about -2.35 while comparing to the previous closing price of $57.86. In past 52 weeks, the stock remained buoying in the range of price level as high as $84.67 and as low as $56.27. In the recent trading on the day, stock has struck highest price mark of $56.05 while lowest mark touched by it was $58.285.

Taking a look at 20-day trading activity of Hologic, Inc (HOLX) gives us an average price of $60.19, while its current price level is -33.27% below from 52-week high level whereas it is 0.41% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $62.31 while that of 200 days or SMA-200 reads an average of $74.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.18% during that period while stretching the period over a month that decreases to 3.08%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 34.33 which implies that the stock is in neutral territory.

Leerink Partners downgraded its recommendation for the stock as a “Market Perform” from “Outperform” on February 06, 2025 while assigning a price target range of $80-$75.

Over the week, HOLX’s stock price is moving -4.74% down while it is -8.84% when we observe its performance for the past one month. Year-to-date it is -21.63% down and over the past year, the stock is showing a downside performance of -27.13%.

Currently, Hologic, Inc’s total number of outstanding shares is 225.56M. Company’s return on investment (ROI) stands at 10.24% and return on equity (ROE) at 15.78%. It has a price to earnings ratio (P/E ratio) of 17.88 while having a 12.19 of forward P/E ratio. Stock’s beta reads 0.55. Stock has a price to book (P/B) ratio of 2.67 while price to sale or P/S ratio amounts to 3.14. Its return on asset (ROA) is 8.65% on average.