Hologic Trades at 17.62X P/E: Should You Buy, Sell or Hold the Stock?

Zacks12-11

Hologic HOLX is currently trading at a forward price-to-earnings (P/E) multiple of 17.62X, well below the industry average of 32.42X. The company, specializing in medical devices for women’s health, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2490386624?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/GmVc8.ZtfGjPFG_U83F8fA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/e34d884fa2c79bf8b02903b1effd4c0b","is_english":true,"pubTime":"2024-12-11 20:55","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2490386624","market":"us","top_or_hot":-1,"title":"Hologic Trades at 17.62X P/E: Should You Buy, Sell or Hold the Stock?","media":"Zacks","content":"<div>\n<p>Hologic HOLX is currently trading at a forward price-to-earnings (P/E) multiple of 17.62X, well below the industry average of 32.42X. The company, specializing in medical devices for women’s health, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hologic-trades-17-62x-p-125500752.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hologic Trades at 17.62X P/E: Should You Buy, Sell or Hold the Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHologic Trades at 17.62X P/E: Should You Buy, Sell or Hold the Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-11 20:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/hologic-trades-17-62x-p-125500752.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hologic HOLX is currently trading at a forward price-to-earnings (P/E) multiple of 17.62X, well below the industry average of 32.42X. The company, specializing in medical devices for women’s health, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hologic-trades-17-62x-p-125500752.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0205193047.USD","symbol_name":"SCHRODER ISF US SMALL & MID-CAP EQUITY \"A\" (USD)  ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/hologic-trades-17-62x-p-125500752.html","article_id":"2490386624","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/GmVc8.ZtfGjPFG_U83F8fA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/e34d884fa2c79bf8b02903b1effd4c0b"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490386624","pubTimestamp":1733921700,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"HologicHOLX is currently trading at a forward price-to-earnings (P/E) multiple of 17.62X, well below the industry average of 32.42X. The company, specializing in medical devices for women’s health, also stands out with respect to industry peers Globus Medical GMED and Masimo MASI, which trade at a higher P/E of 24.25X and 39.01X, respectively. Hologic currently has a Value Score of B.Yesterday, HOLX stock ended the trading session at $76.83, up 1.4% from its previous close. The company’s latest breast health innovations, including AI-powered breast imaging advancements for improved cancer detection, are driving significant excitement. With the strong growth potential of several new additions to the portfolio, spanning multiple franchises and geographies, the stock could be potentially undervalued at its current levels.Hologic is also planning conservatively surrounding the respiratory season and the lingering impacts of recent hurricanes. The ongoing saline IV fluid shortage is likely ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0205193047.USD":"SCHRODER ISF US SMALL & MID-CAP EQUITY \"A\" (USD)  ACC","LU0240878834.USD":"SCHRODER ISF GLOBAL SMALL COMPANIES \"A\" (USD) INC AV","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU2764262908.HKD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (HKD) ACC","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU0823416689.USD":"BNP PARIBAS HEALTH CARE INNOVATORS \"C\" (USD) ACC","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC","LU2720916845.USD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (USD) ACC","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU2764263039.SGD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (SGDHDG) ACC","IE0009354923.USD":"JANUS HENDERSON US VENTURE \"A2\" (USD) ACC","BK4585":"ETF&股票定投概念","LU2764263203.CNY":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (CNYHDG) ACC","MASI":"麦斯莫医疗","LU0205194284.USD":"SCHRODER ISF US SMALL & MID-CAP EQUITY \"A\" (USD) INC AV","GMED":"Globus Medical Inc","BK4082":"医疗保健设备","LU0240877869.USD":"SCHRODER ISF GLOBAL SMALL COMPANIES \"A\" ACC","BK4588":"碎股","HOLX":"豪洛捷","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU2065732104.USD":"ALLSPRING (LUX) WF GLOBAL SMALL CAP EQUITY \"I\" (USD) ACC","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD"},"translate_title":"Hologic的市盈率为17.62倍：您应该买入、卖出还是持有该股票？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MASI":1,"GMED":1,"HOLX":1},"content_text":"Hologic HOLX is currently trading at a forward price-to-earnings (P/E) multiple of 17.62X, well below the industry average of 32.42X. The company, specializing in medical devices for women’s health, also stands out with respect to industry peers Globus Medical GMED and Masimo MASI, which trade at a higher P/E of 24.25X and 39.01X, respectively. Hologic currently has a Value Score of B.\nPrice-to-Earnings Forward Twelve Months (F12M)\nImage Source: Zacks Investment Research\nYesterday, HOLX stock ended the trading session at $76.83, up 1.4% from its previous close. The company’s latest breast health innovations, including AI-powered breast imaging advancements for improved cancer detection, are driving significant excitement. With the strong growth potential of several new additions to the portfolio, spanning multiple franchises and geographies, the stock could be potentially undervalued at its current levels.\nDespite such a compelling valuation, Hologic shares have underperformed the broader industry and the index over the past year. The stock has risen 9.8%, lagging behind the industry’s 13.1% growth and the S&P 500 composite’s 30.9% gain. The company’s performance has been weighed down by tougher comparisons from fiscal 2023, COVID-19 testing revenue declines and other macroeconomic hurdles.\nHOLX One-Year Performance\nImage Source: Zacks Investment Research\nLet’s take a closer look.   \nConcerns Weighing on Hologic\nLike its peers, Hologic faces significant pressures from broader macroeconomic challenges, including the ongoing supply-chain constraints that affect the availability of critical raw materials and components. The global shortage of semiconductor chips, a critical component in some of the company’s products, has already caused significant disruptions. Throughout fiscal 2024, it struggled with massive year-over-year comparisons for certain businesses due to these issues, along with selling days dynamics and normalization of post-COVID-19 revenues.\nThe company anticipates several transitory challenges in the fiscal 2025 first quarter, particularly in its Skeletal Health business. The segment’s product revenues plunged 38% in fiscal 2024 due to a temporary halt in Horizon DXA shipments caused by a non-conformance matter related to electromagnetic compatibility requirements. The company is actively working to resolve the issue with suppliers and expects to resume this quarter. Competitive pressures have also impacted the sales of Insight FD systems, weighing on the overall performance of the segment.\nHologic is also planning conservatively surrounding the respiratory season and the lingering impacts of recent hurricanes. The ongoing saline IV fluid shortage is likely to be a headwind for the company’s more elective breast and surgical procedures. Moreover, the Interventional Breast segment could also be affected by the BioZorb product withdrawal, backed by the FDA, following the reports of serious adverse events occurring in patients who had the devices implanted in breast tissue.\nTechnical indicators also signal a bearish trend for the HOLX stock, as it currently lies below the 50-day simple moving average (SMA).\nHOLX Below 50-Day SMA\nImage Source: Zacks Investment Research\nHowever, it’s worth considering some of the company’s biggest strengths and promising growth potentials before finalizing any decisions.\nHologic’s Key Growth Opportunities\nAt the RSNA (Radiological Society of North America) 2024 meeting held this month, Hologic introduced its advanced cancer screening technology, Genius AI Detection PRO solution, for use in the United States. This expands on the Genius AI Detection 2.0 solution by providing even greater accuracy and efficiency, giving radiologists more confidence and helping reduce false positives. Even more impressive, the company’s Genius AI Detection 2.0 software showed similar performance across diverse patient groups in a new study, unlike many AI algorithms that exhibit racial disparities in various applications. With these effective, equitable solutions, HOLX is paving the way to lead in global breast cancer detection.\nMoreover, the company continues to capitalize on new opportunities unlocked by its trailblazing product lines like Panther, ThinPrep liquid-based Pap test, 3D mammography and others. The BV/CV/TV vaginitis assay and biotheranostics business will continue to power the Molecular Diagnostics performance.\nHOLX is also expanding the global footprint of its Panther Fusion system to meet the demand for high throughput molecular diagnostic respiratory testing while preparing to build additional menu on the platform. Hologic’s FDA-approved Genius Digital Diagnostic System or Digital Pap test combines AI and advanced digital imaging to provide customers more sensitive disease detection and a streamlined efficiency. It was launched for U.S. customers in the most recent fourth quarter.\nThe company also sees a substantial opportunity to increase its share internationally across all categories of testing it offers. Myosure’s international growth rate is notably higher, driven by the significant untapped potential and sustained demand for minimally invasive treatment options for uterine polyps and fibroids.\nIn terms of M&A strategy, Hologic mainly focuses on tuck-in deals that align with its three franchises, driving top-line growth and accretive earnings over time. The recent Endomagnetics acquisition in July 2024 and a definitive agreement to acquire Gynesonics in October reflect this approach and fit nicely into the global portfolio. Thanks to its solid financial strength, the company is well-equipped to fund innovation and pull both levers of its capital allocation strategy — tuck-in M&A and share repurchases — at the same time in the coming months.\nConclusion: Hold HOLX Stock for Now\nWhile Hologic faces headwinds from its Skeletal Health division, product withdrawal and macroeconomic pressures, its robust portfolio and new additions offer a solid foundation to deliver sustainable growth. The company continues to effectively execute its M&A strategy, supported by its solid financial strength. The stock’s discounted valuation suggests that investors may be paying a lower price relative to the company's expected earnings growth.\nWith its attractive valuation, investors may want to hold HOLX stock for now. Those eyeing the stock could wait for a better entry point.\nHologic carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nHologic, Inc. (HOLX) : Free Stock Analysis Report\nMasimo Corporation (MASI) : Free Stock Analysis Report\nGlobus Medical, Inc. (GMED) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490386624"}