Hologic Cash Per Share vs. Price To Sales

HOLX Stock  USD 75.53  1.30  1.69%   
Based on the measurements of profitability obtained from Hologic's financial statements, Hologic may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Hologic's ability to earn profits and add value for shareholders.
 
Cash Per Share  
First Reported
2010-12-31
Previous Quarter
9.89975522
Current Value
11.09809865
Quarterly Volatility
4.01217368
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Hologic's Days Sales Outstanding is fairly stable compared to the past year. Days Of Sales Outstanding is likely to rise to 56.66 in 2024, whereas Price To Sales Ratio is likely to drop 4.25 in 2024. At this time, Hologic's Operating Income is fairly stable compared to the past year. Income Before Tax is likely to rise to about 908.4 M in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (105.9 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.510.5528
Significantly Down
Slightly volatile
Net Profit Margin0.110.1959
Way Down
Slightly volatile
Operating Profit Margin0.170.219
Significantly Down
Slightly volatile
Pretax Profit Margin0.170.2146
Significantly Down
Slightly volatile
Return On Assets0.04990.0862
Way Down
Slightly volatile
Return On Equity0.09090.1539
Way Down
Pretty Stable
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.
  
Check out Risk vs Return Analysis.
For more information on how to buy Hologic Stock please use our How to Invest in Hologic guide.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hologic. If investors know Hologic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hologic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.116
Earnings Share
3.32
Revenue Per Share
16.715
Quarterly Revenue Growth
0.045
Return On Assets
0.0645
The market value of Hologic is measured differently than its book value, which is the value of Hologic that is recorded on the company's balance sheet. Investors also form their own opinion of Hologic's value that differs from its market value or its book value, called intrinsic value, which is Hologic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hologic's market value can be influenced by many factors that don't directly affect Hologic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hologic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hologic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hologic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Hologic Price To Sales vs. Cash Per Share 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 # 3 in cash per share category among its peers. It is rated # 5 in price to sales category among its peers fabricating about  0.46  of Price To Sales per Cash Per Share. The ratio of Cash Per Share to Price To Sales for Hologic is roughly  2.19 . At this time, Hologic's Cash Per Share is fairly stable compared to the past year. 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's Earnings Breakdown by Geography

Hologic Price To Sales vs. Cash Per Share

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

Cash Per Share

 = 

Total Cash

Average Shares

 = 
9.59 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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Hologic

P/S

 = 

MV Per Share

Revenue Per Share

 = 
4.37 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Hologic Price To Sales Comparison

Hologic is currently under evaluation in price to sales 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-111.5 M-105.9 M
Operating Income882.6 M926.7 M
Income Before Tax865.1 M908.4 M
Total Other Income Expense Net-17.5 M-18.4 M
Net Income789.5 M829 M
Income Tax Expense75.6 M48.9 M
Net Income Applicable To Common Shares524.4 M550.6 M
Net Income From Continuing Ops524.4 M550.6 M
Non Operating Income Net Other49.6 M52 M
Interest Income108.5 M113.9 M
Net Interest Income10.8 M11.4 M
Change To Netincome234 M168.3 M
Net Income Per Share 3.35  1.85 
Income Quality 1.63  2.31 
Net Income Per E B T 0.91  0.67 

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.
Pair CorrelationCorrelation Matching

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 Healthcare Funds Thematic Idea Now

Healthcare Funds
Healthcare Funds Theme
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 33 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 Healthcare Funds Theme or any other thematic opportunities.
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Additional Tools for Hologic Stock Analysis

When running Hologic's price analysis, check to measure Hologic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hologic is operating at the current time. Most of Hologic's value examination focuses on studying past and present price action to predict the probability of Hologic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hologic's price. Additionally, you may evaluate how the addition of Hologic to your portfolios can decrease your overall portfolio volatility.