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

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$41.29 -0.28 (-0.67 %)

(As of 11/20/2018 04:00 PM ET)

Previous Close$41.57

Today's Range$41.00 - $41.89

52-Week Range$35.10 - $45.09

Volume4.57 million shs

Average Volume2.31 million shs

Market Capitalization$11.46 billion

P/E Ratio18.52

Dividend YieldN/A

Beta0.65

Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the United States, Europe, the Asia-Pacific, and internationally. The company operates through five segments: Diagnostics, Breast Health, Medical Aesthetics, GYN Surgical, and Skeletal Health. It offers Aptima family of 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 related products, and accessories comprising digital and film-based mammography systems; computer-aided detection for mammography; minimally invasive breast biopsy devices; breast biopsy site markers; and breast biopsy guidance systems. In addition, it offers Dimensions platform, a mammography gantry for 2D and tomosynthesis image acquisition and display; C-View and Intelligent 2D, a software product that provides 2D images; Selenia digital mammography platform; and SecurView Workstation. Further, it provides SculpSure, MonaLisa Touch, Vectus diode, and Cellulaze laser devices; PicoSure and Icon aesthetic systems; MedLite, RevLite, Cynergy, Elite, and SmartLipo products; and system components. Additionally, it offers NovaSure system to treat women suffering from abnormal uterine bleeding; MyoSure system for the hysteroscopic removal of fibroids; discovery and horizon X-ray bone densitometers that assess the bone density of fracture sites; and mini C-arm imaging systems to perform minimally invasive surgical procedures on a patient's extremities, such as the hand, wrist, knee, foot, and ankle. The company sells its products through direct sales and service forces, and a network of independent distributors and sales representatives. Hologic, Inc. 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 Ratio1.11

Current Ratio1.23

Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio18.52

Forward P/E Ratio17.20

P/E Growth1.94

Sales & Book Value

Annual Sales$3.22 billion

Price / Sales3.49

Cash Flow$6.4315 per share

Price / Cash6.42

Book Value$8.93 per share

Price / Book4.62

Profitability

EPS (Most Recent Fiscal Year)$2.23

Net Income$-111,290,000.00

Net Margins-3.46%

Return on Equity23.52%

Return on Assets8.36%

Miscellaneous

Employees6,233

Outstanding Shares272,120,000

Market Cap$11.46 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) issued its quarterly earnings results on Wednesday, November, 7th. The medical equipment provider reported $0.58 EPS for the quarter, missing analysts' consensus estimates of $0.59 by $0.01. The medical equipment provider had revenue of $813.50 million for the quarter, compared to analyst estimates of $808.63 million. Hologic had a positive return on equity of 23.52% and a negative net margin of 3.46%. The firm's quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the firm earned $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 Thursday, February 14th 2019. View Earnings Estimates for Hologic.

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

Hologic updated its FY19 earnings guidance on Wednesday, November, 7th. The company provided earnings per share (EPS) guidance of $2.38-2.42 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.42. The company issued revenue guidance of $3.29-3.34 billion, compared to the consensus revenue estimate of $3.32 billion.Hologic also updated its FY 2019 guidance to $2.38-2.42 EPS.

What price target have analysts set for HOLX?

16 analysts have issued 12 month price targets for Hologic's shares. Their forecasts range from $40.00 to $50.00. On average, they anticipate Hologic's share price to reach $44.50 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price. View Analyst Price Targets for Hologic.

What is the consensus analysts' recommendation for Hologic?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hologic in the last year. There are currently 9 hold ratings and 7 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. According to Zacks Investment Research, "Hologic exited the fiscal 2018 on a mixed note with fourth-quarter earnings missing the Zacks Consensus Estimate and revenues beating the same. 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. 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. Hologic has outperformed its industry in the past three months. 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." (11/13/2018)
2. 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)
3. Needham & Company LLC analysts commented, "HOLX is acquiring Focal Therapeutics (private) for $125M in cash. HOLX expects the acquisition to close in and be neutral to HOLX’s FY19 adjusted EPS. Focal Therapeutics’s BioZorb implant advances post- operation tumor removal area identification. We view this transaction as an affordable way to strengthen HOLX’s Breast Health business and it appears to be complementary to HOLX’s recent Faxitron acquisition. We reiterate our Buy rating." (9/27/2018)
4. BTIG Research analysts commented, "Raising PT to $47 from $44 After a tough F2Q, all eyes were on HOLX’s Cynosure Aesthetics business going into this F3Q. CYNO sales of $91.7M exceeded the Street’s bar of ~$88M and we think HOLX shares may enjoy a small relief rally Wednesday. We think investors will also want to see long-term growth here. The company’s core businesses remained solid, with a nice revenue beat in Breast Health and strong Blood Screening sales. We were also encouraged by what seemed like stabilization in the GYN Surgical division. Beyond these results, HOLX picked up and announced a new CFO (internal promotion) as the prior CFO moves on to Agilent. In our view, revenue guidance for F4Q set below Street estimates may have been slightly conservative, but we view this as a positive quarter overall for HOLX. We raise our PT to $47 from $44 previously, now based on 18x our 12-24 mo. adj. EPS estimate." (8/2/2018)

Has Hologic been receiving favorable news coverage?

News headlines about HOLX stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hologic earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned media headlines about the medical equipment provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future.

Who are some of Hologic's key competitors?

Some companies that are related to Hologic include Zoetis (ZTS), Humana (HUM), Vertex Pharmaceuticals (VRTX), Regeneron Pharmaceuticals (REGN), Baxter International (BAX), FRESENIUS SE &/S (FSNUY), Edwards Lifesciences (EW), Actelion (ALIOF), Takeda Pharmaceutical (TKPYY), ESSILOR Intl S/S (ESLOY), ASTELLAS PHARMA/ADR (ALPMY), Centene (CNC), Eisai (ESALY), Alexion Pharmaceuticals (ALXN) and Fresenius Medical Care AG & Co. (FMS).

Who are Hologic's key executives?

Hologic's management team includes the folowing people:

Mr. Stephen P. MacMillan, Chairman, CEO & Pres (Age 54)
Mr. John M. Griffin, Gen. Counsel (Age 57)
Mr. Peter J. Valenti III, Division Pres of Breast & Skeletal Health Solutions (Age 55)
Mr. Eric B. Compton, Consultant (Age 53)
Dr. Jay A. Stein, Co-Founder, Chairman Emeritus, CTO & Sr. VP (Age 75)

Who are Hologic's major shareholders?

Hologic's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Capital World Investors (10.22%), BlackRock Inc. (6.90%), Capital Research Global Investors (5.50%), Victory Capital Management Inc. (1.42%), Pictet Asset Management Ltd. (1.31%) and Wells Fargo & Company MN (0.99%). 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 Capital Research Global Investors, Point72 Asset Management L.P., Victory Capital Management Inc., Wells Fargo & Company MN, First Trust Advisors LP, Mitsubishi UFJ Trust & Banking Corp, United Services Automobile Association and American Capital 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 Capital International Investors, The Manufacturers Life Insurance Company , Man Group plc, Capital World Investors, JPMorgan Chase & Co., JPMorgan Chase & Co., Korea Investment CORP and Los Angeles Capital Management & Equity Research Inc.. 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 $41.29.

How big of a company is Hologic?

Hologic has a market capitalization of $11.46 billion and generates $3.22 billion in revenue each year. The medical equipment provider earns $-111,290,000.00 in net income (profit) each year or $2.23 on an earnings per share basis. Hologic employs 6,233 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:		639 (Vote Outperform)
Underperform Votes:		471 (Vote Underperform)
Total Votes:		1,110

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 11/20/2018 by MarketBeat.com Staff

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