Hologic Stock Price on November 12, 2018

HOLX Stock  USD 77.96  0.61  0.79%   
Below is the normalized historical share price chart for Hologic extending back to March 01, 1990. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hologic stands at 77.96, as last reported on the 29th of March, with the highest price reaching 78.16 and the lowest price hitting 77.09 during the day.
IPO Date
21st of June 1990
200 Day MA
73.6741
50 Day MA
74.7202
Beta
1
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Hologic Stock, it is important to understand the factors that can impact its price. We consider Hologic very steady. Hologic holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hologic, which you can use to evaluate the volatility of the firm. Please check out Hologic's Risk Adjusted Performance of 0.0859, downside deviation of 1.05, and Market Risk Adjusted Performance of 0.3444 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
  
At this time, Hologic's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 11 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 167.9 M in 2024. . At this time, Hologic's Price Earnings Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 17.96 in 2024, whereas Price To Sales Ratio is likely to drop 2.10 in 2024. Hologic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1227

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Estimated Market Risk

 1.02
  actual daily
9
91% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Hologic is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hologic by adding it to a well-diversified portfolio.
Price Book
3.9014
Enterprise Value Ebitda
17.6847
Price Sales
4.5742
Shares Float
232.7 M
Wall Street Target Price
84.5

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About Hologic Stock history

Hologic investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hologic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hologic will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hologic stock prices may prove useful in developing a viable investing in Hologic
Last ReportedProjected for 2024
Common Stock Shares Outstanding286.2 M167.9 M
Net Income Applicable To Common Shares524.4 M550.6 M

Hologic Quarterly Net Working Capital

2.6 Billion

Hologic Stock Technical Analysis

Hologic technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hologic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hologic trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hologic Period Price Range

Hologic March 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Hologic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hologic shares will generate the highest return on investment. By undertsting and applying Hologic stock market strength indicators, traders can identify Hologic entry and exit signals to maximize returns

Hologic Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hologic's price direction in advance. Along with the technical and fundamental analysis of Hologic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hologic to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Hologic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hologic's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hologic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hologic Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hologic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Hologic Stock please use our How to Invest in Hologic guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Hologic's price analysis, check to measure Hologic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hologic is operating at the current time. Most of Hologic's value examination focuses on studying past and present price action to predict the probability of Hologic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hologic's price. Additionally, you may evaluate how the addition of Hologic to your portfolios can decrease your overall portfolio volatility.
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Is Hologic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hologic. If investors know Hologic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hologic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.373
Earnings Share
2.11
Revenue Per Share
16.228
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0649
The market value of Hologic is measured differently than its book value, which is the value of Hologic that is recorded on the company's balance sheet. Investors also form their own opinion of Hologic's value that differs from its market value or its book value, called intrinsic value, which is Hologic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hologic's market value can be influenced by many factors that don't directly affect Hologic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hologic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hologic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hologic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.