Hologic stock: buy or sell?

HOLX stock price: $47.69 -1.75% At close on February 27th, 2020

Updated on:
February 27th, 2020

2

Hologic fell a rough -1.75% and closed at $47.69. With Thursday it's been 5 red days in a row.

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.

Should I buy Hologic stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Hologic stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Hologic stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for HOLX stock for the last 30 days.

Hologic stock analysis

Daily outlook

Hologic shares fell -1.75% to $47.69 today.

Hologic shares fell -1.75% to $47.69 today. Since December when SMA50d and SMA100d crossed up, HOLX price slipped $-4.91 per share (-9.33%). On February/4, HOLX hit a new all time high, pushing higher than on January/29 tops. Check different trading setups that use ATHs as triggers.

HOLX stock chart (daily)

Weekly outlook

Shares of Hologic collapsed a chilling -9.32% this week. For 5 weeks in a row, price slid and lost a -11.10%.

Hologic shares slid through the support line what triggered further losses. Price is looking for lower supports, and best candidates are 45.17. Not so far away is the last all-time high Hologic marked early February. This week, Hologic stock dived below the significant level of the 40-weeks moving average. Stocks below the 200d moving average line are usually not recommended for average traders. Since SMA10w and SMA20w crossed up by mid December 2019, HOLX price slid a -10.27%.

HOLX stock chart (weekly)

Hologic stock price history

Hologic stock went public on March 1st, 1990 with a price of $0.001. Since then, HOLX stock surged a inf%, with a yearly average of inf%. If you had invested right after HOLX's IPO a $1,000 in Hologic stock in 1990, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

Hologic stock historical price chart

HOLX stock reached all-time highs on February 4th with a price of $55.25.

Hologic stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' HOLX stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price forecast for Hologic stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Hologic published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
HOLX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.23n/a
2017-Q32017-11-080.490.52.0%
2017-Q42018-02-080.50.5510.0%
2018-Q12018-05-020.530.530.0%
2018-Q22018-07-310.560.583.6%
2018-Q32018-11-070.590.58-1.7%
2018-Q42019-01-300.570.581.8%
2019-Q12019-04-300.57n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a nice increase of 5.20% to $3,217.90 million USD. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) plummed a -28.16% to -3.46%.

Hologic fiscal year ends in September, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Hologic TTM sales up to March 2019 were $3,286.50 and income $-10.60 million dollars. When comparing this TTM figures with the last reported annuality, we can review Hologic business evolution since September 2018: Annual sales up to March, compared to lastest yearly report, grew a slightly fine 2.13%. Aligned with this, profit margin (net income/revenues) appreciated at -3.46%.

HOLX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,490 M-$-1,170.00 M-47.0%-
2014$2,531 M1.63%$17 M0.7%-101.48%
2015$2,705 M6.89%$132 M4.9%660.69%
2016$2,833 M4.72%$331 M11.7%151.37%
2017$3,059 M7.98%$756 M24.7%128.39%
2018$3,218 M5.20%$-111.30 M-3.5%-114.73%
TTM $3,287 M2.13%$-10.60 M-0.3%-90.48%

Quarterly financial results

Hologic posted $818.40 million in sales for 2019-Q1, a -1.48% less compared to previous quarter. Reported quarter earnings marked $-272.60 M with a profit margin of -33.31%. Profit margin plunged a -45.18% compared to previous quarter when profit margin was 11.87%. When comparing sales to same quarter last year, Hologic sales marked a good growth and appreciated a 3.69%.
HOLX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$806 M-$59.50 M7.4%-
2017-Q3$803 M-0.40%$82.70 M10.3%38.99%
2017-Q4$791 M-1.47%$406.70 M51.4%391.78%
2018-Q1$789 M-0.23%$-681.40 M-86.3%-267.54%
2018-Q2$824 M4.40%$112.90 M13.7%-116.57%
2018-Q3$813 M-1.29%$50.50 M6.2%-55.27%
2018-Q4$831 M2.13%$98.60 M11.9%95.25%
2019-Q1$818 M-1.48%$-272.60 M-33.3%-376.47%

Hologic ownership

When you are planning to buy a stock, it's worth to overview its ownership structure.

Hologic shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.31% of all shares.

Bearish positions for HOLX stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Hologic:

HOLX
Market cap$12.6 B
Total shares263.3 M
Float shares261.0 M
  - Institutional holdings (%)97.4%
  - Insider holdings (%)0.3%
Shares in short selling0.0%

Hologic summary

Thursday, February 27th, 2020
Open$47.96
Close$47.69
Day range$47.27 - $49.30
Previous close$48.54
Session gain-1.75%
Average true range$1.08
50d mov avg$52.84
100d mov avg$51.06
200d mov avg$49.66
Daily patternlt02c
Weekly pattern lt06c

Hologic performance

To measure stock performance is always good to compare with competitors or related stocks. For Hologic, the benchmark is made against .
Stock3m6m12m
HOLXHologic-7.07%-3.40%-0.48%

Hologic competitors

Unfortunately, we could not find any public company that could be defined as Hologic competitor. This doesn't mean Hologic does not have any competitor in the market, it's just we could not detected it.

    Latest Hologic stock news