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Why Hologic (HOLX) Dipped More Than Broader Market Today
HologicHologic(US:HOLX) ZACKSยท2025-07-15 22:46

Company Performance - Hologic (HOLX) closed at $63.26, reflecting a -2.1% change from the previous day, underperforming the S&P 500's daily loss of 0.4% [1] - The stock has decreased by 0.86% over the past month, contributing to the Medical sector's loss of 1.56%, while the S&P 500 gained 4.97% [1] Upcoming Financial Results - Hologic is set to announce its earnings on July 30, 2025, with an expected EPS of $1.05, indicating a 0.94% decline from the same quarter last year [2] - Revenue is forecasted at $1.01 billion, reflecting a 0.39% decrease compared to the corresponding quarter of the prior year [2] Full Year Projections - For the full year, earnings are projected at $4.19 per share and revenue at $4.08 billion, representing changes of +2.7% and +1.16% respectively from the prior year [3] - Recent revisions to analyst forecasts for Hologic are important as they indicate short-term business trends, with positive revisions suggesting analyst optimism [3][4] Valuation Metrics - Hologic's Forward P/E ratio is 15.41, which is a discount compared to the industry average Forward P/E of 23.06 [6] - The company has a PEG ratio of 2.37, compared to the Medical - Instruments industry's average PEG ratio of 2.24 [6] Industry Context - The Medical - Instruments industry, part of the Medical sector, has a Zacks Industry Rank of 166, placing it in the bottom 33% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]