Hologic Inc. ($HOLX) Stock Forecast: Up 5.5% Today

What is Hologic Inc.?

HOLX is a stock of Hologic Inc., a company that specializes in diagnostic products, medical imaging systems, and surgical products. The overall market for Hologic Inc. is focused on the healthcare industry.

Why is Hologic Inc. going up?

HOLX stock is up 5.5% on Nov 10, 2023 16:02

• The bullish movement in HOLX today can be attributed to the following factors:
• 1. Strong Q4 Performance: Hologic Inc. reported better than expected Q4 results, with solid year-over-year growth in the Breast Health segment. This positive performance likely contributed to the bullish movement in the stock.
• 2. Earnings Beat Estimates: Despite a decrease in Q4 profit compared to the same period last year, Hologic Inc. managed to beat Street estimates. This positive surprise may have boosted investor confidence and led to the bullish market movement.
• 3. Investor Sentiment: The stock gained 2% on the back of the better than expected Q4 results. This indicates that investors have reacted positively to the company's performance, further driving the bullish movement.
• Overall, Hologic Inc.'s strong Q4 performance and ability to beat earnings estimates likely fueled the bullish market movement in HOLX today.

HOLX Price Chart

HOLX News

Hologic's ( HOLX ) Q4 Earnings Beat Estimates, Gross Margin Down

Solid year-over-year growth in the Breast Health segment drives Hologic's (HOLX) Q4 performance.

https://www.zacks.com/stock/news/2182249/hologics-holx-q4-earnings-beat-estimates-gross-margin-down

Hologic, Inc. (HOLX) Q4 2023 Earnings Call Transcript

Hologic, Inc. (NASDAQ:NASDAQ:HOLX) Q4 2023 Earnings Call Transcript November 9, 2023 4:30 PM ETCompany ParticipantsRyan Simon - Vice President, Investor…

https://seekingalpha.com/article/4650116-hologic-inc-holx-q4-2023-earnings-call-transcript?source=feed_all_articles

Hologic stock gains 2% on better than expected Q4 results

https://www.investing.com/news/stock-market-news/hologic-stock-gains-2-on-better-than-expected-q4-results-432SI-3229779

https://www.investing.com/news/stock-market-news/hologic-stock-gains-2-on-better-than-expected-q4-results-432SI-3229779

Hologic Inc Q4 Profit Decreases, but beats estimates

BEDFORD (dpa-AFX) - Hologic Inc (HOLX) announced earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.The company''s earnings totaled $90.6 millio…

https://www.finanznachrichten.de/nachrichten-2023-11/60622383-hologic-inc-q4-profit-decreases-but-beats-estimates-020.htm

Hologic: Fiscal Q4 Earnings Snapshot

MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — Hologic Inc. (HOLX) on Thursday reported fiscal fourth-quarter net income of $90.6…

https://wtop.com/news/2023/11/hologic-fiscal-q4-earnings-snapshot/

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Hologic Inc. Price History