Hologic Stock Short Ratio
| HOLX Stock | USD 78.04 0.53 0.67% |
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.
Hologic | Short Ratio |
Hologic Company Short Ratio Analysis
Hologic's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Hologic Short Ratio | 3.63 X |
Most of Hologic's fundamental indicators, such as Short Ratio, 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 Short Ratio 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 Short Ratio. 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.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Hologic Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Hologic has a Short Ratio of 3.63 times. This is 6.92% lower than that of the Health Care Equipment & Supplies sector and 10.59% lower than that of the Health Care industry. The short ratio for all United States stocks is 9.25% higher than that of the company.
Hologic Short Ratio 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 Short Ratio 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 short ratio 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 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 Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0645 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 18.33 B | ||||
| Shares Outstanding | 232.27 M | ||||
| Shares Owned By Insiders | 0.78 % | ||||
| Shares Owned By Institutions | 99.22 % | ||||
| Number Of Shares Shorted | 4.85 M | ||||
| Price To Earning | 10.21 X | ||||
| Price To Book | 3.53 X | ||||
| Price To Sales | 4.59 X | ||||
| Revenue | 4.03 B | ||||
| Gross Profit | 2.48 B | ||||
| EBITDA | 1.3 B | ||||
| Net Income | 789.5 M | ||||
| Cash And Equivalents | 2.39 B | ||||
| Cash Per Share | 9.59 X | ||||
| Total Debt | 2.53 B | ||||
| Debt To Equity | 0.57 % | ||||
| Current Ratio | 3.90 X | ||||
| Book Value Per Share | 21.34 X | ||||
| Cash Flow From Operations | 1.29 B | ||||
| Short Ratio | 3.63 X | ||||
| Earnings Per Share | 3.32 X | ||||
| Price To Earnings To Growth | 1.26 X | ||||
| Target Price | 87.22 | ||||
| Number Of Employees | 6.99 K | ||||
| Beta | 0.99 | ||||
| Market Capitalization | 18.28 B | ||||
| Total Asset | 9.16 B | ||||
| Retained Earnings | 2.06 B | ||||
| Working Capital | 2.98 B | ||||
| Current Asset | 137.94 M | ||||
| Current Liabilities | 39.47 M | ||||
| Net Asset | 9.16 B |
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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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.