NASDAQ:HOLX - Hologic Stock Price, News, & Analysis

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$43.69 +0.59 (+1.37 %)

(As of 01/18/2019 02:32 PM ET)

Previous Close$43.10

Today's Range$42.96 - $43.75

52-Week Range$35.10 - $45.17

Volume166,031 shs

Average Volume2.63 million shs

Market Capitalization$12.43 billion

P/E Ratio19.57

Dividend YieldN/A

Beta0.73

Hologic, Inc., a medical technology company, develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the United States, Europe, the Asia-Pacific, and internationally. It operates in five segments: Diagnostics, Breast Health, Medical Aesthetics, GYN Surgical, and Skeletal Health. The company offers Aptima molecular diagnostic assays, target capture/nucleic acid extraction technology, transcription-mediated amplification technology, hybridization protection and dual kinetic assay technologies, instrumentation, Invader chemistry platform, ThinPrep system, and rapid fetal fibronectin test products. It also provides breast imaging and analytics products, such as 2D and 3D mammography systems and reading workstations, minimally invasive breast biopsy guidance systems and devices, and breast biopsy and biopsy site markers, as well as localization, specimen radiology, ultrasound, and connectivity solutions. In addition, the company offers Selenia Dimensions and 3Dimensions gantries for performing 2D and tomosynthesis image acquisition and display; C-View and Intelligent 2D software products; SecurView Workstations; computer aided detection systems; and stereotactic breast biopsy systems. Further, it provides SculpSure, PicoSure, and MonaLisa Touch aesthetic treatment systems; TempSure, a radio frequency energy sourced platform; and MedLite and other products, and system components for medical aesthetics. Additionally, the company offers NovaSure, an endometrial ablation system to treat women suffering from abnormal uterine bleeding; MyoSure surgical products for removal of fibroids, and uterine polyps and other pathology; and Horizon DXA System and Fluoroscan Insight FD skeletal health products. It sells its products through direct sales and service forces, and a network of independent distributors and sales representatives. The company was founded in 1985 and is headquartered in Marlborough, Massachusetts.

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Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry X-ray apparatus & tubes

Sub-IndustryHealth Care Equipment

SectorMedical

Current SymbolNASDAQ:HOLX

Previous Symbol

CUSIP43644010

Webwww.hologic.com

Phone508-263-2900

Debt

Debt-to-Equity Ratio1.12

Current Ratio1.23

Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio19.57

Forward P/E Ratio18.20

P/E Growth1.98

Sales & Book Value

Annual Sales$3.22 billion

Price / Sales3.93

Cash Flow$4.1062 per share

Price / Cash Flow10.64

Book Value$8.93 per share

Price / Book4.89

Profitability

EPS (Most Recent Fiscal Year)$2.23

Net Income$-111,300,000.00

Net Margins-3.46%

Return on Equity23.52%

Return on Assets8.36%

Miscellaneous

Employees6,252

Outstanding Shares289,210,000

Market Cap$12.43 billion

OptionableOptionable

Hologic (NASDAQ:HOLX) Frequently Asked Questions

What is Hologic's stock symbol?

Hologic trades on the NASDAQ under the ticker symbol "HOLX."

How were Hologic's earnings last quarter?

Hologic, Inc. (NASDAQ:HOLX) released its earnings results on Wednesday, November, 7th. The medical equipment provider reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $0.01. The medical equipment provider had revenue of $813.50 million for the quarter, compared to analysts' expectations of $808.63 million. Hologic had a negative net margin of 3.46% and a positive return on equity of 23.52%. Hologic's revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.50 earnings per share. View Hologic's Earnings History.

When is Hologic's next earnings date?

Hologic is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Hologic.

What guidance has Hologic issued on next quarter's earnings?

Hologic issued an update on its first quarter 2019 earnings guidance on Monday, January, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $831-831 million, compared to the consensus revenue estimate of $811.33 million.

What price target have analysts set for HOLX?

15 equities research analysts have issued 12 month target prices for Hologic's stock. Their forecasts range from $38.28 to $50.00. On average, they expect Hologic's share price to reach $43.3520 in the next twelve months. This suggests that the stock has a possible downside of 0.5%. View Analyst Price Targets for Hologic.

What is the consensus analysts' recommendation for Hologic?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hologic in the last year. There are currently 1 sell rating, 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hologic.

What are Wall Street analysts saying about Hologic stock?

Here are some recent quotes from research analysts about Hologic stock:

1. Needham & Company LLC analysts commented, "FDA’s latest monthly Act (MQSA) statistics were published on 1/7/19. The number of digital breast tomosynthesis (DBT) units increased by 66 during December which represents a 3% Y/ Y decrease. DBT unit penetration increased to 34.9% from 34.7% last month and facility penetration increased to 56.8% from 56.3% last month. More importantly, DBT units placements were down 2.5% in 4Q18 vs. 4Q17. HOLX’s Breast Imaging growth slowed slightly in January data seems to indicate that growth could slow more in F1Q19. We note however that HOLX preannounced F1Q19 results last week which included strong Breast Health performance. We note that HOLX’s 3D mammography sales are less than 13% of its total sales. Please contact your Needham salesperson for a copy of our MQSA data." (1/14/2019)
2. According to Zacks Investment Research, "Hologic has outperformed its industry in the past three months. The company's strong international performance and improvement in Surgical and Cynosure businesses are encouraging. Backed by a portfolio of differentiated products, the company’s Breast Health business has been going strong. The company's recent launches like TempSure Surgical RF technology in North America and the U.S. launch of Omni hysteroscope buoys optimism. We are upbeat about the company making the Open Access functionality available for its Panther Fusion system. Also, the receipt of CE Mark for its Panther FusionBordetella assay buoys optimism. However, tough year-ago comparison along with sluggish Diagnostics sales in the reported quarter hampered Hologic’s overall performance. Also, the blood screening divestiture is likely to impede growth." (1/9/2019)
3. Canaccord Genuity analysts commented, "We believe the stock is up today because HOLX (1) removed uncertainty regarding its 2019 guide and (2) announced agreements to renew with LH and DGX, which we think alleviates a modest overhang on the stock. HOLX’s top line guide of ~2-3.5% growth is not enough for us to get excited about. We look for signs of faster growth and progress mitigating margin drags and reiterate our HOLD. We raise our PT from $41 to $43, as we roll forward a 16.5x multiple on our new ’20E Adj. EPS of $2.60. Alleviates lab contract overhang. HOLX has agreed to deals with large lab customers (LH & DGX), a positive outcome to a modest overhang on the stock. One deal is a multi- year" extension of its supply contract while the other provides instruments and tests. While we view these deals favorably, we believe HOLX likely made price concessions to do the deals." (11/8/2018)

Has Hologic been receiving favorable news coverage?

News coverage about HOLX stock has been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hologic earned a news impact score of 1.6 on InfoTrie's scale. They also assigned press coverage about the medical equipment provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

Are investors shorting Hologic?

Hologic saw a drop in short interest in December. As of December 31st, there was short interest totalling 7,323,406 shares, a drop of 32.5% from the December 14th total of 10,856,043 shares. Based on an average trading volume of 3,587,593 shares, the days-to-cover ratio is presently 2.0 days. Approximately 2.6% of the company's shares are short sold. View Hologic's Current Options Chain.

Who are some of Hologic's key competitors?

Some companies that are related to Hologic include Vertex Pharmaceuticals (VRTX), HCA Healthcare (HCA), Illumina (ILMN), Regeneron Pharmaceuticals (REGN), Humana (HUM), Zoetis (ZTS), Baxter International (BAX), Edwards Lifesciences (EW), Actelion (ALIOF), ASTELLAS PHARMA/ADR (ALPMY), ESSILOR INTL S/S (ESLOY), FRESENIUS SE &/S (FSNUY), Centene (CNC), Takeda Pharmaceutical (TKPYY) and Alexion Pharmaceuticals (ALXN).

Who are Hologic's key executives?

Hologic's management team includes the folowing people:

Mr. Stephen P. MacMillan, Chairman, CEO & Pres (Age 55)
Mr. John M. Griffin, Gen. Counsel (Age 58)
Mr. Peter J. Valenti III, Division Pres of Breast & Skeletal Health Solutions (Age 56)
Mr. Eric B. Compton, Consultant (Age 54)
Dr. Jay A. Stein, Co-Founder, Chairman Emeritus, CTO & Sr. VP (Age 76)

Who are Hologic's major shareholders?

Hologic's stock is owned by many different of institutional and retail investors. Top institutional investors include Davis R M Inc. (0.21%), Gateway Investment Advisers LLC (0.13%), CHURCHILL MANAGEMENT Corp (0.02%), State of Alaska Department of Revenue (0.02%), Gulf International Bank UK Ltd (0.02%) and Webster Bank N. A. (0.01%). Company insiders that own Hologic stock include Allison P Bebo, Benjamin Jordan Cohn, Charles J Dockendorff, Christiana Stamoulis, Elaine Ullian, Karleen Marie Oberton, Lawrence M Levy, Namal Nawana, Peter J Valenti III and Sally Crawford. View Institutional Ownership Trends for Hologic.

Which major investors are selling Hologic stock?

HOLX stock was sold by a variety of institutional investors in the last quarter, including Davis R M Inc., Meeder Asset Management Inc., Gulf International Bank UK Ltd, State of Alaska Department of Revenue, Central Bank & Trust Co., Webster Bank N. A., Louisiana State Employees Retirement System and Endurance Wealth Management Inc.. Company insiders that have sold Hologic company stock in the last year include Allison P Bebo, Benjamin Jordan Cohn, Christiana Stamoulis, Karleen Marie Oberton, Peter J Valenti III and Sally Crawford. View Insider Buying and Selling for Hologic.

Which major investors are buying Hologic stock?

HOLX stock was purchased by a variety of institutional investors in the last quarter, including CHURCHILL MANAGEMENT Corp, Gateway Investment Advisers LLC, Dubuque Bank & Trust Co., Cerebellum GP LLC and First Hawaiian Bank. Company insiders that have bought Hologic stock in the last two years include Charles J Dockendorff and Namal Nawana. View Insider Buying and Selling for Hologic.

How do I buy shares of Hologic?

Shares of HOLX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hologic's stock price today?

One share of HOLX stock can currently be purchased for approximately $43.57.

How big of a company is Hologic?

Hologic has a market capitalization of $12.43 billion and generates $3.22 billion in revenue each year. The medical equipment provider earns $-111,300,000.00 in net income (profit) each year or $2.23 on an earnings per share basis. Hologic employs 6,252 workers across the globe.

What is Hologic's official website?

The official website for Hologic is http://www.hologic.com.

How can I contact Hologic?

Hologic's mailing address is 250 CAMPUS DRIVE, MARLBOROUGH MA, 01752. The medical equipment provider can be reached via phone at 508-263-2900 or via email at [email protected]

MarketBeat Community Rating for Hologic (NASDAQ HOLX)

Community Ranking:		2.9 out of 5 ( )
Outperform Votes:		651 (Vote Outperform)
Underperform Votes:		485 (Vote Underperform)
Total Votes:		1,136

MarketBeat's community ratings are surveys of what our community members think about Hologic and other stocks. Vote "Outperform" if you believe HOLX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HOLX will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 1/18/2019 by MarketBeat.com Staff

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