Hologic Revenue vs. Cash Per Share
| HO1 Stock | EUR 69.00 0.50 0.72% |
For Hologic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hologic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hologic utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hologic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hologic over time as well as its relative position and ranking within its peers.
Hologic |
Hologic Cash Per Share vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hologic's current stock value. Our valuation model uses many indicators to compare Hologic value to that of its competitors to determine the firm's financial worth. Hologic is rated # 2 in revenue category among its peers. It is rated # 3 in cash per share category among its peers . The ratio of Revenue to Cash Per Share for Hologic is about 2,170,892,857 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hologic's earnings, one of the primary drivers of an investment's value.Hologic Revenue vs. Competition
Hologic is rated # 2 in revenue category among its peers. Market size based on revenue of Medical Instruments & Supplies industry is currently estimated at about 29.94 Billion. Hologic retains roughly 4.86 Billion in revenue claiming about 16% of all equities under Medical Instruments & Supplies industry.
Hologic Cash Per Share vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Hologic |
| = | 4.86 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Hologic |
| = | 2.24 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Hologic Cash Per Share Comparison
Hologic is currently under evaluation in cash per share category among its peers.
Hologic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hologic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hologic will eventually generate negative long term returns. The profitability progress is the general direction of Hologic's change in net profit over the period of time. It can combine multiple indicators of Hologic, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Hologic, Inc., a medical technology company, develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the United States, Europe, the Asia-Pacific, and internationally. The company was founded in 1985 and is headquartered in Marlborough, Massachusetts. HOLOGIC INC is traded on Frankfurt Stock Exchange in Germany.
Hologic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hologic. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Hologic position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Hologic's important profitability drivers and their relationship over time.
Use Hologic in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hologic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hologic will appreciate offsetting losses from the drop in the long position's value.Hologic Pair Trading
Hologic Pair Trading Analysis
The ability to find closely correlated positions to Hologic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hologic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hologic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hologic to buy it.
The correlation of Hologic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hologic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hologic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hologic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Hologic position
In addition to having Hologic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Computers Thematic Idea Now
Computers
Companies that manufacture and distribute personal and business computers. The Computers theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Hologic Stock
When determining whether Hologic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hologic's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hologic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hologic Stock:Check out Risk vs Return Analysis. For more detail on how to invest in Hologic Stock please use our How to Invest in Hologic guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
To fully project Hologic's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hologic at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hologic's income statement, its balance sheet, and the statement of cash flows.