Hologic Stock Buy Hold or Sell Recommendation
| HOLX Stock | USD 78.04 0.53 0.67% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Hologic is 'Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Hologic given historical horizon and risk tolerance towards Hologic. When Macroaxis issues a 'buy' or 'sell' recommendation for Hologic, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Hologic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Hologic Stock please use our How to Invest in Hologic guide. In addition, we conduct extensive research on individual companies such as Hologic and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Hologic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Hologic |
Execute Hologic Buy or Sell Advice
The Hologic recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hologic. Macroaxis does not own or have any residual interests in Hologic or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hologic's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Hologic Trading Alerts and Improvement Suggestions
| Hologic generated a negative expected return over the last 90 days | |
| Hologic has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Hologic, Inc. is Attracting Investor Attention Here is What You Should Know |
Hologic Returns Distribution Density
The distribution of Hologic's historical returns is an attempt to chart the uncertainty of Hologic's future price movements. The chart of the probability distribution of Hologic daily returns describes the distribution of returns around its average expected value. We use Hologic price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hologic returns is essential to provide solid investment advice for Hologic.
| Mean Return | -0.05 | Value At Risk | -1.79 | Potential Upside | 1.81 | Standard Deviation | 1.23 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hologic historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Hologic Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Hologic, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Hologic back and forth among themselves.
| Shares | Ameriprise Financial Inc | 2024-06-30 | 3.5 M | Amvescap Plc. | 2024-06-30 | 3.4 M | Renaissance Technologies Corp | 2024-09-30 | 2.8 M | Black Creek Investment Management Inc | 2024-09-30 | 2.7 M | Manufacturers Life Insurance Co | 2024-09-30 | 2.6 M | Northern Trust Corp | 2024-09-30 | 2.5 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 2.5 M | Norges Bank | 2024-06-30 | 2.4 M | Bank Of America Corp | 2024-06-30 | 2.4 M | Vanguard Group Inc | 2024-09-30 | 27 M | Blackrock Inc | 2024-06-30 | 23.1 M |
Hologic Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (25.3M) | (84.1M) | (136.6M) | (4.9M) | (47.4M) | (45.0M) | |
| Change In Cash | 99.2M | 469.3M | 1.2B | 416.2M | (595.5M) | (565.7M) | |
| Free Cash Flow | 740.2M | 2.2B | 2.0B | 901M | 1.2B | 1.3B | |
| Depreciation | 376M | 406.9M | 430.1M | 323.4M | 309M | 217.6M | |
| Other Non Cash Items | 57.5M | 45.9M | 38.9M | 289.5M | 176.5M | 204.8M | |
| Capital Expenditures | 156.4M | 162.7M | 127.2M | 150.2M | 72.4M | 58.7M | |
| Net Income | 1.1B | 1.9B | 1.3B | 456M | 789.5M | 829.0M | |
| End Period Cash Flow | 701M | 1.2B | 2.3B | 2.8B | 2.2B | 2.3B | |
| Investments | (141.6M) | (1.3B) | (206.3M) | (152.1M) | (136.9M) | (143.7M) | |
| Net Borrowings | (23.2M) | (113.4M) | (212.3M) | (19M) | (17.1M) | (16.2M) | |
| Dividends Paid | 33.2M | 49.8M | 65.6M | 51.3M | 59.0M | 71.5M | |
| Change To Netincome | 16.2M | 39M | (60.6M) | 260M | 234M | 168.3M |
Hologic Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hologic or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hologic's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hologic stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.69 | |
σ | Overall volatility | 1.25 | |
Ir | Information ratio | -0.13 |
Hologic Volatility Alert
Hologic exhibits very low volatility with skewness of -1.51 and kurtosis of 6.6. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hologic's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hologic's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Hologic Fundamentals Vs Peers
Comparing Hologic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hologic's direct or indirect competition across all of the common fundamentals between Hologic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hologic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hologic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hologic by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Hologic to competition |
| Fundamentals | Hologic | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0645 | -0.14 |
| Profit Margin | 0.18 % | (1.27) % |
| Operating Margin | 0.24 % | (5.51) % |
| Current Valuation | 18.33 B | 16.62 B |
| Shares Outstanding | 232.27 M | 571.82 M |
| Shares Owned By Insiders | 0.78 % | 10.09 % |
| Shares Owned By Institutions | 99.22 % | 39.21 % |
| Number Of Shares Shorted | 4.85 M | 4.71 M |
| Price To Earning | 10.21 X | 28.72 X |
| Price To Book | 3.53 X | 9.51 X |
| Price To Sales | 4.59 X | 11.42 X |
| Revenue | 4.03 B | 9.43 B |
| Gross Profit | 2.48 B | 27.38 B |
| EBITDA | 1.3 B | 3.9 B |
| Net Income | 789.5 M | 570.98 M |
| Cash And Equivalents | 2.39 B | 2.7 B |
| Cash Per Share | 9.59 X | 5.01 X |
| Total Debt | 2.53 B | 5.32 B |
| Debt To Equity | 0.57 % | 48.70 % |
| Current Ratio | 3.90 X | 2.16 X |
| Book Value Per Share | 21.34 X | 1.93 K |
| Cash Flow From Operations | 1.29 B | 971.22 M |
| Short Ratio | 3.63 X | 4.00 X |
| Earnings Per Share | 3.32 X | 3.12 X |
| Price To Earnings To Growth | 1.26 X | 4.89 X |
| Target Price | 87.22 | |
| Number Of Employees | 6.99 K | 18.84 K |
| Beta | 0.99 | -0.15 |
| Market Capitalization | 18.28 B | 19.03 B |
| Total Asset | 9.16 B | 29.47 B |
| Retained Earnings | 2.06 B | 9.33 B |
| Working Capital | 2.98 B | 1.48 B |
Note: Disposition of 601 shares by Jan Verstreken of Hologic at 79.29 subject to Rule 16b-3 [view details]
Hologic Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hologic . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Hologic Buy or Sell Advice
When is the right time to buy or sell Hologic? Buying financial instruments such as Hologic Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Hologic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Exotic Funds Thematic Idea Now
Exotic Funds
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Exotic Funds Theme or any other thematic opportunities.
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Additional 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.