Hologic Stock Price on November 14, 2024
HOLX Stock | USD 76.54 0.63 0.83% |
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 76.54, as last reported on the 4th of May, with the highest price reaching 79.75 and the lowest price hitting 75.58 during the day.
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 0.0921, which attests that the entity had a 0.0921% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hologic, which you can use to evaluate the volatility of the firm. Please check out Hologic's Market Risk Adjusted Performance of 0.0302, downside deviation of 1.19, and Risk Adjusted Performance of 0.0191 to validate if the risk estimate we provide is consistent with the expected return of 0.1%.
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.
IPO Date 21st of June 1990 | 200 Day MA 73.2899 | 50 Day MA 76.0744 | Beta 1.016 |
Hologic |
Sharpe Ratio = 0.0921
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Estimated Market Risk
1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Hologic is performing at about 7% 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 4.5731 | Shares Float 231.5 M | Wall Street Target Price 86.21 |
Hologic Valuation on November 14, 2024
It is possible to determine the worth of Hologic on a given historical date. On November 14, 2024 Hologic was worth 75.91 at the beginning of the trading date compared to the closed value of 76.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hologic stock. Still, in general, we apply an absolute valuation method to find Hologic's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hologic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hologic's related companies.
Open | High | Low | Close | Volume | |
76.53 | 76.70 | 75.13 | 75.91 | 1,795,789 | |
05/03/2024 | 75.91 | 79.75 | 75.58 | 76.54 | 2,069,424 |
Backtest Hologic | | | Hologic History | | | Hologic Valuation | Previous |
Hologic Trading Date Momentum on November 14, 2024
On May 03 2024 Hologic was traded for 76.54 at the closing time. The top price for the day was 79.75 and the lowest listed price was 75.58 . The trading volume for the day was 2.1 M. The trading history from May 3, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.82% . |
Hologic Fundamentals Correlations and Trends
By evaluating Hologic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hologic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hologic financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 286.2 M | 167.9 M | |
Net Income Applicable To Common Shares | 524.4 M | 550.6 M |
Hologic Quarterly Net Working Capital |
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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.
Price Boundaries
Hologic Period Price Range
Low | May 3, 2024
| High |
75.91 | 76.54 |
Hologic May 4, 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.
Risk Adjusted Performance | 0.0191 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0202 |
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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Hologic Stock analysis
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.