Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, surgical products, and light-based aesthetic and medical treatment systems for women in the United States and internationally. More Details
Adequate balance sheet and overvalued.
Share Price & News
How has Hologic's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HOLX has not had significant price volatility in the past 3 months.
7 Day Return
US Medical Equipment
1 Year Return
US Medical Equipment
Return vs Industry: HOLX exceeded the US Medical Equipment industry which returned 16.2% over the past year.
Return vs Market: HOLX exceeded the US Market which returned 14.2% over the past year.
Price Volatility Vs. Market
How volatile is Hologic's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThe Hologic (NASDAQ:HOLX) Share Price Has Gained 53% And Shareholders Are Hoping For More
4 weeks ago | Simply Wall StWe Think Hologic (NASDAQ:HOLX) Can Stay On Top Of Its Debt
1 month ago | Simply Wall StUpgrade: Analysts Just Made A Substantial Increase To Their Hologic, Inc. (NASDAQ:HOLX) Forecasts
Is Hologic undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HOLX ($63.23) is trading above our estimate of fair value ($49.97)
Significantly Below Fair Value: HOLX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HOLX is good value based on its PE Ratio (33.7x) compared to the US Medical Equipment industry average (48.4x).
PE vs Market: HOLX is poor value based on its PE Ratio (33.7x) compared to the US market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: HOLX is poor value based on its PEG Ratio (188.3x)
Price to Book Ratio
PB vs Industry: HOLX is overvalued based on its PB Ratio (7.3x) compared to the US Medical Equipment industry average (4x).
How is Hologic forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HOLX's forecast earnings growth (0.2% per year) is below the savings rate (2.2%).
Earnings vs Market: HOLX's earnings (0.2% per year) are forecast to grow slower than the US market (23.3% per year).
High Growth Earnings: HOLX's earnings are forecast to grow, but not significantly.
Revenue vs Market: HOLX's revenue (2% per year) is forecast to grow slower than the US market (9.7% per year).
High Growth Revenue: HOLX's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HOLX's Return on Equity is forecast to be high in 3 years time (29.5%)
How has Hologic performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HOLX has a large one-off loss of $276.7M impacting its June 27 2020 financial results.
Growing Profit Margin: HOLX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: HOLX's earnings have declined by 13.9% per year over the past 5 years.
Accelerating Growth: HOLX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HOLX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Medical Equipment industry (-0.2%).
Return on Equity
High ROE: Whilst HOLX's Return on Equity (21.85%) is high, this metric is skewed due to their high level of debt.
How is Hologic's financial position?
Financial Position Analysis
Short Term Liabilities: HOLX's short term assets ($2.0B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: HOLX's short term assets ($2.0B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: HOLX's debt to equity ratio (147.3%) is considered high.
Reducing Debt: HOLX's debt to equity ratio has reduced from 174.7% to 147.3% over the past 5 years.
Debt Coverage: HOLX's debt is well covered by operating cash flow (21.1%).
Interest Coverage: HOLX's interest payments on its debt are well covered by EBIT (5.5x coverage).
What is Hologic current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HOLX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HOLX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HOLX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HOLX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HOLX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve MacMillan (56 yo)
Mr. Stephen P. MacMillan, also known as Steve, has been the Chairman of the Board at Hologic Inc. since June 17, 2015 and its Chief Executive Officer and President since December 9, 2013. Mr. MacMillan ser ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD12.37M) is about average for companies of similar size in the US market ($USD11.31M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||2.08yrs||US$2.46m||0.0034% |
|General Counsel||5.58yrs||US$2.62m||0.037% |
|Division President of Breast & Skeletal Health||6.33yrs||US$2.59m||0.0086% |
|Division President of Diagnostic Solutions||3.08yrs||US$2.74m||0.0066% |
|Vice President of Investor Relations & Corporate Communications||no data||no data||no data|
|Senior Vice President of Human Resources||5.58yrs||no data||0.011% |
|Regional President for Europe||no data||no data||no data|
|Regional President of Asia Pacific||no data||no data||no data|
|Division President of GYN Surgical Solutions||no data||no data||0.0056% |
|Chief of Staff||1.67yrs||no data||no data|
Experienced Management: HOLX's management team is seasoned and experienced (5.6 years average tenure).
|Independent Director||7.33yrs||US$298.98k||0.017% |
|Lead Independent Director||3.67yrs||US$321.98k||0.048% |
|Independent Director||1.83yrs||US$314.74k||0.0011% |
|Independent Director||3.33yrs||US$299.36k||0.0077% |
|Independent Director||8.83yrs||US$279.98k||0.014% |
|Independent Director||2.67yrs||US$281.48k||0.0044% |
|Independent Director||3.75yrs||US$279.98k||0.0040% |
Experienced Board: HOLX's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HOLX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hologic, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Hologic, Inc.
- Ticker: HOLX
- Exchange: NasdaqGS
- Founded: 1985
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: US$16.376b
- Shares outstanding: 258.99m
- Website: https://www.hologic.com
Number of Employees
- Hologic, Inc.
- 250 Campus Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HOLX||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Mar 1990|
|HO1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 1990|
|HOLX||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Mar 1990|
|0J5Q||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Mar 1990|
|HO1||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Mar 1990|
|HOLX *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Mar 1990|
|H1OL34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 1 REPR 1 SHS UNSPON||BR||BRL||Jan 2020|
Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, surgical products, and light-based aesthetic and medical treatment systems for women in the United States a ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 06:15|
|End of Day Share Price||2020/09/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.