Hologic stock: buy or sell?
September 20th, 2019
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?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Hologic stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Hologic stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we collected 15 ratings published for HOLX stock in the last month. The general sentiment of these ratings is bullish for HOLX stock, with 10 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-1||Needham & Company LLC||Buy||Buy|
|2019-8-1||Needham & Company LLC||Buy||Buy|
|2019-7-10||Needham & Company LLC||n/a||Buy|
|2019-4-2||Needham & Company LLC||n/a||Buy|
|2019-1-31||Piper Jaffray Companies||In-Line||Overweight|
|2019-1-31||Needham & Company LLC||Buy||Buy|
|2019-1-2||Morgan Stanley||Equal Weight||Underweight|
|2019-1-14||Needham & Company LLC||n/a||Buy|
Hologic stock analysis
Hologic shares stayed stable -0.10% to $49.95 today.
Hologic shares stayed stable -0.10% to $49.95 today. Since SMA50d and SMA100d crossed up on July, HOLX price climbed $1.45 per share (2.99%). Since June when HOLX stock price broke up the SMA100d line, it gained $4.87 (10.80%). On July, HOLX hit new all time highs, pushing higher previous ATH of $51.57 recorded on July. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Hologic stayed constant a tiny 0.46% this week. This week was the 4th green week in a row.
Hologic stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Hologic marked late July. Early January HOLX price bounced up over the SMA of 40 weeks that acted as support stopping new slides. By mid July, SMA10w and SMA20w crossed up triggering a rise of 5.56%.
Hologic stock price history
Hologic IPO was on March 1st, 1990 at $2.41 per share1. Since then, HOLX stock surged a 1,972.60%, with an average of 68.00% per year. If you had invested right after HOLX's IPO a $1,000 in Hologic stock in 1990, it would worth $19,726.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Hologic stock historical price chart
HOLX stock reached all-time highs on July with a price of $52.19.
Hologic stock price target is $50.50How 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. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We detected 14 price targets for HOLX stock released in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-5||Stifel Nicolaus||Raises Target||$43.00||$48.00||11.6%|
|2019-8-1||Needham & Company LLC||Reiterates||$52.00||$57.00||9.6%|
|2019-8-1||Needham & Company LLC||Raises Target||$52.00||$57.00||9.6%|
|2019-7-10||Needham & Company LLC||Reiterates||n/a||$52.00||-|
|2019-4-2||Needham & Company LLC||Reiterates||n/a||$50.00||-|
|2019-1-31||Piper Jaffray Companies||Raises Target||n/a||$49.00||-|
|2019-1-31||Needham & Company LLC||Reiterates||$48.00||$50.00||4.2%|
|2019-1-14||Needham & Company LLC||Reiterates||n/a||$48.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on April, Hologic . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Hologic annual sales rose a decent 5.20% to $3,217.90 M USD from $3,058.80 marked in 2017. In contrast, its earnings margin (compared to sales) plunged to -3.46%, that is $-111.30 million. To have an up to date view of the financial situation of Hologic, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Hologic TTM sales up to March 2019 were $3,286.50 and income was $-10.60 million USD. If we compare this TTM figures with the last reported annuality, we can review Hologic business evolution since September 2018: Annual turnover up to March, compared to lastest yearly report, inched a slightly good 2.13%. Likewise, profit margin (net income/revenues) grew at -3.46%.
|2013||$2,490 M||-||$-1,170.00 M-47.0%||-|
|2014||$2,531 M||1.63%||$17 M0.7%||-101.48%|
|2015||$2,705 M||6.89%||$132 M4.9%||660.69%|
|2016||$2,833 M||4.72%||$331 M11.7%||151.37%|
|2017||$3,059 M||7.98%||$756 M24.7%||128.39%|
|2018||$3,218 M||5.20%||$-111.30 M-3.5%||-114.73%|
|TTM||$3,287 M||2.13%||$-10.60 M-0.3%||-90.48%|
Quarterly financial resultsHologic reported $818.40 million in revenues for 2019-Q1, a -1.48% decline compared to previous quarter. Reported quarter earnings marked $-272.60 M with a profit margin of -33.31%. Profit margin plummed a -45.18% compared to previous quarter when profit margin was 11.87%. When comparing turnover to same quarter last year, Hologic sales marked a good gain and grew a 3.69%.
|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 M||4.40%||$112.90 M13.7%||-116.57%|
|2018-Q3||$813 M||-1.29%||$50.50 M6.2%||-55.27%|
|2018-Q4||$831 M||2.13%||$98.60 M11.9%||95.25%|
|2019-Q1||$818 M||-1.48%||$-272.60 M-33.3%||-376.47%|
Hologic ownershipWhen you are planning to invest in shares of a company, it's worth to check its ownership structure.
Hologic shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.29% of all shares.
Bearish positions for HOLX stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$13.4 B||$147.9 B||$68.5 B||$60.2 B||$14.5 B|
|Total shares||267.3 M||1,770.0 M||270.0 M||1,390.0 M||134.7 M|
|Float shares||266.1 M||1,750.0 M||269.1 M||1,390.0 M||134.0 M|
|- Institutional holdings (%)||99.7%||76.5%||87.5%||93.4%||91.5%|
|- Insider holdings (%)||0.3%||0.7%||0.3%||0.2%||0.4%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$49.68 - $50.33|
|Average true range||$0.84|
|50d mov avg||$49.33|
|100d mov avg||$47.94|
|200d mov avg||$46.26|
Hologic performanceTo measure stock performance is always good to compare with competitors or related stocks. For Hologic, the benchmark is made against , Becton, Dickinson and, Boston Scientific, Quest Diagnostics, General Electric, , Koninklijke Philips and Thermo Fisher Scientific.
|TMOThermo Fisher Sci...||0.70%||12.47%||22.04%|
Hologic competitorsOne check before trading any stock is to review a list of its competitors, in this case for Hologic. We picked 8 companies as Hologic competitors as they are in the same industry or have similar market objectives.
- Becton, Dickinson and (BDX)
- Boston Scientific (BSX)
- Quest Diagnostics (DGX)
- General Electric (GE)
- Koninklijke Philips (PHG)
- Thermo Fisher Scientific (TMO)
Latest Hologic stock news
- InvestorPlace3 Big Stock Charts for Friday: PulteGroup, Microsoft and HologicFebruary 1, 2019
- InvestorPlace3 Big Stock Charts for Friday: General Electric, Hologic and MGM ResortsJanuary 11, 2019
- InvestorPlace3 Big Stock Charts for Friday: Hologic, Newell Brands and Juniper NetworksNovember 30, 2018
- InvestorPlace3 Big Stock Charts for Wednesday: Coca-Cola, Hologic and Applied MaterialsNovember 21, 2018