Hologic Revenue vs. Net Income
| HOLX Stock | USD 81.21 0.25 0.31% |
Total Revenue | First Reported 1988-12-31 | Previous Quarter 1 B | Current Value 1 B | Quarterly Volatility 412.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.39 | 0.46 |
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| Net Profit Margin | 0.11 | 0.1 |
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| Operating Profit Margin | 0.16 | 0.15 |
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| Pretax Profit Margin | 0.16 | 0.15 |
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| Return On Assets | 0.0337 | 0.0574 |
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| Return On Equity | 0.0859 | 0.0818 |
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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 |
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 (0.17) | Earnings Share 2.93 | Revenue Per Share 16.715 | Quarterly Revenue Growth 0.027 | 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 Net Income 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 # 5 in revenue category among its peers. It is rated below average in net income category among its peers making up about 0.11 of Net Income per Revenue. The ratio of Revenue to Net Income for Hologic is roughly 8.84 . At this time, Hologic's Total Revenue 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 Revenue vs. Competition
Hologic is rated # 5 in revenue category among its peers. Market size based on revenue of Health Care industry is currently estimated at about 60 Billion. Hologic holds roughly 4.03 Billion in revenue claiming about 7% of equities under Health Care industry.
Hologic Net Income 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 |
| = | 4.03 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Hologic |
| = | 456 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Hologic Net Income Comparison
Hologic is currently under evaluation in net income 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -132.8 M | -126.2 M | |
| Operating Income | 768.7 M | 807.1 M | |
| Income Before Tax | 777.5 M | 816.4 M | |
| Total Other Income Expense Net | -85.3 M | -89.6 M | |
| Net Income | 524.4 M | 550.6 M | |
| Income Tax Expense | 253.1 M | 265.8 M | |
| Net Income Applicable To Common Shares | 524.4 M | 550.6 M | |
| Net Income From Continuing Ops | 524.4 M | 550.6 M | |
| Non Operating Income Net Other | 49.6 M | 52 M | |
| Interest Income | 108.5 M | 113.9 M | |
| Net Interest Income | 10.8 M | 11.4 M | |
| Change To Netincome | 234 M | 168.3 M | |
| Net Income Per Share | 1.66 | 1.75 | |
| Income Quality | 2.65 | 1.99 | |
| Net Income Per E B T | 0.61 | 0.58 |
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?
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Basic Utilities
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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.