Hologic, Inc. (NASDAQ:HOLX) Director Elaine Ullian sold 9,282 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $40.50, for a total transaction of $375,921.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Hologic, Inc. (HOLX) traded down $1.02 during trading hours on Wednesday, reaching $39.62. 4,083,900 shares of the company were exchanged, compared to its average volume of 2,749,326. Hologic, Inc. has a 1-year low of $35.76 and a 1-year high of $46.80. The company has a market capitalization of $11,183.05, a price-to-earnings ratio of 20.12, a price-to-earnings-growth ratio of 1.96 and a beta of 0.93. The company has a current ratio of 0.79, a quick ratio of 0.61 and a debt-to-equity ratio of 0.78.
Hologic (NASDAQ:HOLX) last announced its quarterly earnings data on Wednesday, November 8th. The medical equipment provider reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. The firm had revenue of $802.90 million for the quarter, compared to the consensus estimate of $792.54 million. Hologic had a net margin of 24.70% and a return on equity of 21.69%. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.52 earnings per share. analysts anticipate that Hologic, Inc. will post 2.12 EPS for the current fiscal year.
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Several equities analysts have recently weighed in on HOLX shares. Royal Bank Of Canada dropped their price objective on shares of Hologic from $50.00 to $45.00 and set a “sector perform” rating on the stock in a research report on Thursday, August 3rd. BidaskClub lowered shares of Hologic from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Zacks Investment Research raised shares of Hologic from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Barclays PLC dropped their price objective on shares of Hologic from $53.00 to $51.00 and set an “overweight” rating on the stock in a research report on Thursday, August 3rd. Finally, Needham & Company LLC reissued a “buy” rating on shares of Hologic in a research report on Tuesday, August 1st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $47.54.
A number of institutional investors have recently made changes to their positions in HOLX. NN Investment Partners Holdings N.V. grew its stake in Hologic by 411.7% during the second quarter. NN Investment Partners Holdings N.V. now owns 9,477 shares of the medical equipment provider’s stock worth $430,000 after buying an additional 7,625 shares in the last quarter. State of Alaska Department of Revenue grew its stake in Hologic by 53.4% during the second quarter. State of Alaska Department of Revenue now owns 19,132 shares of the medical equipment provider’s stock worth $868,000 after buying an additional 6,660 shares in the last quarter. National Pension Service grew its stake in Hologic by 9.8% during the second quarter. National Pension Service now owns 268,334 shares of the medical equipment provider’s stock worth $12,204,000 after buying an additional 24,049 shares in the last quarter. Mn Services Vermogensbeheer B.V. grew its stake in Hologic by 595.5% during the second quarter. Mn Services Vermogensbeheer B.V. now owns 46,443 shares of the medical equipment provider’s stock worth $2,108,000 after buying an additional 39,765 shares in the last quarter. Finally, LS Investment Advisors LLC grew its stake in Hologic by 3.3% during the second quarter. LS Investment Advisors LLC now owns 13,314 shares of the medical equipment provider’s stock worth $604,000 after buying an additional 424 shares in the last quarter. Hedge funds and other institutional investors own 96.41% of the company’s stock.
Hologic, Inc is a developer, manufacturer and supplier of diagnostics products, medical imaging systems and surgical products with an emphasis on women’s health. The Company operates through four segments: Diagnostics, Breast Health, GYN Surgical and Skeletal Health. The diagnostics products include Aptima family of assays, ThinPrep system, the Rapid Fetal Fibronectin Test and Procleix blood screening assays.
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