why Hologic, Inc [HOLX] is a Good Choice for Investors After New Price Target of $68.20

Hologic, Inc [NASDAQ: HOLX] stock went on an upward path that rose over 0.72% on Tuesday, amounting to a one-week price decrease of less than -9.00%.

Over the last 12 months, HOLX stock dropped by -30.04%. The one-year Hologic, Inc stock forecast points to a potential upside of 22.13. The average equity rating for HOLX stock is currently 2.46, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $11.84 billion, with 222.84 million shares outstanding and 220.85 million shares in the current float. Compared to the average trading volume of 2.97M shares, HOLX stock reached a trading volume of 3614459 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Hologic, Inc [HOLX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HOLX shares is $68.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HOLX stock is a recommendation set at 2.46. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Argus have made an estimate for Hologic, Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on March 03, 2025. While these analysts kept the previous recommendation, Leerink Partners dropped their target price from $80 to $75. The new note on the price target was released on February 06, 2025, representing the official price target for Hologic, Inc stock.

The Average True Range (ATR) for Hologic, Inc is set at 1.75, with the Price to Sales ratio for HOLX stock in the period of the last 12 months amounting to 2.94. The Price to Book ratio for the last quarter was 2.56, with the Price to Cash per share for the same quarter was set at 7.27. Price to Free Cash Flow for HOLX in the course of the last twelve months was 11.89 with Quick ratio for the last quarter at 2.52.

HOLX Stock Performance Analysis:

Hologic, Inc [HOLX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.00. With this latest performance, HOLX shares dropped by -12.73% in over the last four-week period, additionally sinking by -34.33% over the last 6 months – not to mention a drop of -30.04% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HOLX stock in for the last two-week period is set at 28.66, with the RSI for the last a single of trading hit 23.76, and the three-weeks RSI is set at 31.54 for Hologic, Inc [HOLX]. The present Moving Average for the last 50 days of trading for this stock 60.19, while it was recorded at 55.10 for the last single week of trading, and 72.79 for the last 200 days.

Insight into Hologic, Inc Fundamentals:

Hologic, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.52 and a Current Ratio set at 3.24.

HOLX Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HOLX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hologic, Inc go to 6.92%.

Hologic, Inc [HOLX] Institutonal Ownership Details

The top three institutional holders of HOLX stocks are: VANGUARD GROUP INC with ownership of 26.77 million shares, which is approximately 11.4121%. BLACKROCK INC., holding 23.1 million shares of the stock with an approximate value of $$1.72 billion in HOLX stocks shares; and BLACKROCK INC., currently with $$1.67 billion in HOLX stock with ownership which is approximately 9.5715%.