How to Buy Hologic Stock
Hologic Inc
Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment in the United States, Europe, the Asia-Pacific, and internationally.
Hologic stock last closed at $75.71, down 1.3% from the previous day, and has decreased 10.84% in one year. It has overperformed other stocks in the Medical Instruments & Supplies industry by 0.02 percentage points. Hologic stock is currently +18.26% from its 52-week low of $64.02, and -13.85% from its 52-week high of $87.88.
At the moment, there are 234.73M shares of HOLX outstanding. The market capitalization of HOLX is $17.77B. In the past 24 hours, 1.13M HOLX shares were traded.
How to Buy Hologic Stock
Wondering how to invest in Hologic stock? Here's how.
- Decide where to buy Hologic stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Hologic stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your details.
- Evaluate Hologic stock: The Hologic ticker symbol is HOLX. Is Hologic stock a good investment? Should you buy shares of HOLX? How do HOLX's underlying business fundamentals look? Do top analysts think Hologic is a good buy? Why has HOLX's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if HOLX is a good stock to buy).
- Make your HOLX buy order: Decide if you will purchase HOLX shares at the current market price or use a limit order to purchase HOLX stock at a particular price.
- Get the latest news on your HOLX investment: Create a watchlist to important notifications about your investment in Hologic shares.
Step 1: Decide where to buy Hologic stock
You need an online brokerage account to access the NASDAQ market and buy HOLX stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal info so you are able to invest in HOLX stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your investment account
Now that you've finished signing up on the best stock app for beginners, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of transferring funds into your new brokerage account.
Step 4: Evaluate Hologic stock
Once you have identified the best place to buy Hologic stock, it's very important to research their stock prior to buying, so you truly comprehend the risk as well as the upside.
Hologic quick stats
Hologic Fundamentals
WallStreetZen was built to help average investors do more accurate fundamental analysis.
You can see all of the due diligence checks on HOLX's stock page.
What is the fair value of HOLX stock?
Analysts use many financial metrics, analyses, models, and charts to gauge HOLX's intrinsic value.
Using relative valuations measures:
- HOLX could be undervalued based on its P/E ratio of 35.71x, relative to Medical Instruments & Supplies industry P/E ratio of 47.92x
- HOLX could be overvalued based on its P/B ratio of 3.82x, relative to Medical Instruments & Supplies industry P/B ratio of 3.49x
- HOLX may be undervalued based on its PEG ratio of 0.71x
You can access more valuation analysis on HOLX's stock here.
Is HOLX a healthy company?
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the HOLX balance sheet.
- HOLX's operating cash flow of $1.02B allows it to safely service it's debt of $2.58B.
- There are more short-term assets than short-term liabilities on the HOLX balance sheet.
- Total HOLX debt is lower than 5 years ago, relative to shareholder equity.
- HOLX earnings of $737.30M is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
- HOLX profit margin has gone down from 22.2% to 13% in the past year.
- HOLX has a relatively high debt to equity ratio of 0.82.
Do analysts think it's a good time to buy HOLX stock
Out of 7 Wall Street analysts who research HOLX, the consensus analyst rating on HOLX is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent HOLX Analyst Recommendations
Tejas Savant, a bottom 14% analyst from Morgan Stanley maintains HOLX with a hold rating and lowers their HOLX price target from $86.00 to $82.00, on Nov 13, 2023.
Conor McNamara, a bottom 6% analyst from RBC Capital maintains HOLX with a hold rating and lowers their HOLX price target from $74.00 to $72.00, on Nov 10, 2023.
You can dive deeper into what analysts are saying on the Hologic stock forecast page.
HOLX Momentum
Is HOLX Growing Revenue?
Last year, HOLX earnings were $515.10M. In the past four year, HOLX's earnings have gone up by 60.43% per year. This was faster than the Medical Instruments & Supplies industry average of 16.78%.
Last year, HOLX revenue was $3.97B. During the past 5 year, HOLX's revenue has grown by 4.03% per year. This was slower than the Medical Instruments & Supplies industry average of 9.46%.
Dig into HOLX's earnings and revenue performance here.
Latest Insiders Trades at HOLX
Over the last year, insiders at HOLX have sold more shares than they have bought.
Scott T. Garrett, Director of HOLX, was the latest HOLX insider to sell. They sold $1,241,295.50 worth of HOLX shares on Mar 14, 2024.
Research more about who owns HOLX shares here.
Can I rely on HOLX as an income stream?
No, Hologic doesn't provide an income stream by paying out dividends.
HOLX Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your HOLX buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, use a limit order.
Press the Open button and your broker will place the order.
If you need more help with investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your HOLX investment
Now that you own some HOLX stock, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to get the latest updates about your HOLX stock.
HOLX Feed
How to Buy Stock in Hologic
To reiterate, here are the 6 steps for buying Hologic stock:
- Decide where to buy Hologic stock
- Sign up for your brokerage account
- Fund your investment account
- Evaluate Hologic stock
- Make your HOLX buy order
- Get the latest news on your HOLX investment
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Hologic, create your watchlist below.
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