Hologic Stock Net Income

HOLX Stock  USD 78.97  0.25  0.32%   
Hologic fundamentals help investors to digest information that contributes to Hologic's financial success or failures. It also enables traders to predict the movement of Hologic Stock. The fundamental analysis module provides a way to measure Hologic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hologic stock.
Last ReportedProjected for Next Year
Net Income789.5 M829 M
Net Income Applicable To Common Shares524.4 M550.6 M
Net Income From Continuing Ops524.4 M550.6 M
Net Income Per Share 3.35  3.52 
Net Income Per E B T 0.91  0.59 
At this time, Hologic's Net Income is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to rise to about 550.6 M in 2024, whereas Net Income Per E B T is likely to drop 0.59 in 2024.
  
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Hologic Company Net Income Analysis

Hologic's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Hologic Net Income

    
  789.5 M  
Most of Hologic's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hologic is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hologic Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Hologic is extremely important. It helps to project a fair market value of Hologic Stock properly, considering its historical fundamentals such as Net Income. Since Hologic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hologic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hologic's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Hologic Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(126.2 Million)

Hologic reported Accumulated Other Comprehensive Income of (132.84 Million) in 2023
Based on the recorded statements, Hologic reported net income of 789.5 M. This is 131.33% higher than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The net income for all United States stocks is 38.27% lower than that of the firm.

Hologic Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hologic's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hologic could also be used in its relative valuation, which is a method of valuing Hologic by comparing valuation metrics of similar companies.
Hologic is currently under evaluation in net income category among its peers.

Hologic ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hologic's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hologic's managers, analysts, and investors.
Environmental
Governance
Social

Hologic Institutional Holders

Institutional Holdings refers to the ownership stake in Hologic that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hologic's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hologic's value.
Shares
Ameriprise Financial Inc2024-06-30
3.5 M
Amvescap Plc.2024-06-30
3.4 M
Renaissance Technologies Corp2024-09-30
2.8 M
Black Creek Investment Management Inc2024-09-30
2.7 M
Manufacturers Life Insurance Co2024-09-30
2.6 M
Northern Trust Corp2024-09-30
2.5 M
Dimensional Fund Advisors, Inc.2024-09-30
2.5 M
Norges Bank2024-06-30
2.4 M
Bank Of America Corp2024-06-30
2.4 M
Vanguard Group Inc2024-09-30
27 M
Blackrock Inc2024-06-30
23.1 M

Hologic Fundamentals

About Hologic Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hologic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hologic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hologic based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.