Hologic, Inc (NASDAQ: HOLX) Emerges As Guiding Light For Investors

Hologic, Inc (NASDAQ:HOLX) currently has a daily average trading volume of 2.89M but it saw 12757424 shares traded in last market. With a market cap of 12.35B USD, the company’s current market price of $55.43 came rising about 4.37 while comparing to the previous closing price of $53.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $84.67 and as low as $51.90.

Taking a look at 20-day trading activity of Hologic, Inc (HOLX) gives us an average price of $57.10, while its current price level is -34.53% below from 52-week high level whereas it is 6.80% 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 $60.00 while that of 200 days or SMA-200 reads an average of $72.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.61% during that period while stretching the period over a month that decreases to 3.41%. 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 40.67 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 -4.76% down while it is -9.53% when we observe its performance for the past one month. Year-to-date it is -23.11% down and over the past year, the stock is showing a downside performance of -27.58%.

Currently, Hologic, Inc’s total number of outstanding shares is 222.84M. Company’s return on investment (ROI) stands at 7.85% and return on equity (ROE) at 11.77%. It has a price to earnings ratio (P/E ratio) of 23.40 while having a 12.23 of forward P/E ratio. Stock’s beta reads 0.54. Stock has a price to book (P/B) ratio of 2.67 while price to sale or P/S ratio amounts to 3.07. Its return on asset (ROA) is 6.45% on average.