Hologic HOLX has been a hot topic in the stock market recently, and its performance and predictions remain mixed. Amid concerns over economic downturns, new product offerings from the company are expected to revive the stock. The company's latest financial results show substantial growth in the diagnostics division, suggesting a robust financial Q1 for FY 2025. Despite expected earnings growth, HOLX stock has seen a downward trend recently, hitting new 1-year lows. However, it remains a strong hold in many portfolios, and has been boosted by investments from Mirae Asset Global, Lecap Asset Management, and Sumitomo Mitsui Trust Group. The stock received a consensus price target of $85.77 from analysts, with higher estimates reaching up to $80.53. Despite beating estimates, the HOLX's Q1 Earnings report led to a shake in the market, causing its value to fall. Hologic has successfully completed the acquisition of Gynesonics and has signed an agreement with CDC for H5N1 Bird Flu Test development. However, their Q4 results were in line with expectations, with full-year sales guidance missing expectations, causing concern among investors.
Hologic HOLX News Analytics from Mon, 14 Oct 2024 07:00:00 GMT to Sat, 15 Feb 2025 03:24:26 GMT -
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- Innovation 6
- Information 8
- Rumor -3
