Stock To Watch: Hologic, Inc. (NASDAQ:HOLX)


The leading market experts have placed a mean price target of $42.88 on Hologic, Inc. (NASDAQ:HOLX) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.51 a share for the upcoming quarter and $1.94 for the current fiscal. Technical View The technical analysis of Hologic, Inc. plainly substantiates that the 50-day moving average of Hologic, Inc. is $35.38, and stock is hovering 3.72 or +10.50% distant from $35.38. It is noted that the 200-day MA is $34.86, and Hologic, Inc. stock is $4.24 or +12.15% off from this point. Hologic, Inc. (NASDAQ:HOLX) 52-week high is $43.00 and the 52-week low is $31.84. This explains if the stock moves $-3.90, it will post a 52-week high. In event of $+22.80% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Hologic, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Hologic, Inc. (NASDAQ:HOLX) ratio came in at 43.11. The stock last ended the trading session at $39.10 and registered a market cap of $10.85B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Hologic, Inc. (NASDAQ:HOLX) PEG ratio is at 2.01.

1 Chart Pattern Every Investor Should Know

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