With 1.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.4 million shares. The 52-week range on HOLX shows that it touched its highest point at $84.67 and its lowest point at $62.69 during that stretch. It currently has a 1-year price target of $81.73. Beta for the stock currently stands at 0.95.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HOLX was up-trending over the past week, with a rise of 1.24%, but this was down by -8.60% over a month. Three-month performance dropped to -18.17% while six-month performance fell -20.93%. The stock lost -12.83% in the past year, while it has lost -10.78% so far this year. A look at the trailing 12-month EPS for HOLX yields 3.16 with Next year EPS estimates of 4.65. For the next quarter, that number is 1.02. This implies an EPS growth rate of 4.63% for this year and 8.89% for next year.
Float and Shares Shorts:
At present, 225.56 million HOLX shares are outstanding with a float of 222.47 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HOLX since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.09413 being high and $4.03032 being low. For HOLX, this leads to a yearly average estimate of $4.08414. Based on analyst estimates, the high estimate for the next quarter is $1.12 and the low estimate is $1.07. The average estimate for the next quarter is thus $1.1.
