FMP
Hologic, Inc. (NASDAQ:HOLX) Q4 2024 Earnings Overview
Nov 5, 2024 9:05 AM - Andrew Wynn
Image credit: Google Images
- Earnings Per Share (EPS) matched the estimated EPS of $1.01, showcasing the company's stable profitability.
- Revenue exceeded expectations at approximately $987.9 million, indicating strong sales performance.
- Financial Ratios such as the price-to-earnings (P/E) ratio of 24.79 and a current ratio of 3.69 highlight Hologic's solid financial foundation and market valuation.
Hologic, Inc. (NASDAQ:HOLX) is a leading medical technology company specializing in women's health. It competes with healthcare giants like Siemens Healthineers and GE Healthcare. The company's Q4 2024 earnings report provides valuable insights into its financial health and market performance.
On November 4, 2024, Hologic reported an EPS of $1.01, aligning with the estimated EPS. The company's revenue of approximately $987.9 million surpassed the estimated $976.69 million, demonstrating a robust sales performance. Despite this, Hologic's EPS slightly missed the Zacks Consensus Estimate by $0.01, yet it showed improvement from the previous year's EPS of $0.89.
The company's market valuation is reflected in its financial metrics, with a P/E ratio of 24.79, a price-to-sales ratio of 4.83, and an enterprise value to sales ratio of 4.92. Hologic's financial stability is further indicated by a debt-to-equity ratio of 0.49 and a current ratio of 3.69, suggesting a moderate level of debt and strong liquidity.
These financial indicators underscore Hologic's solid foundation and potential for continued growth in the competitive healthcare sector.
Other Blogs
May 14, 2024 11:41 AM - Sanzhi Kobzhan
The easiest way to calculate stock’s target price and why the target price is important.
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
How to Access and Analyze Earnings Call Transcripts
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
The best 5 GPU stocks other than NVDA
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...
