Morgan Stanley analyst Tejas Savant maintains $Hologic (HOLX.US)$ with a hold rating, and maintains the target price at $84.
According to TipRanks data, the analyst has a success rate of 37.3% and a total average return of -6.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Hologic (HOLX.US)$'s main analysts recently are as follows:
Following Hologic's Q4 results and initial FY25 guidance, it is argued that the company's outlook seems attainable, with a low 30% operating margin target that appears to be realistic. Additionally, the focus on mergers, acquisitions, and share buybacks is still seen as favorable. Hologic's management has also emphasized their expansion efforts into new international markets, despite these typically yielding lower margins compared to the U.S. business.
The company reported a mixed fiscal Q4. The stock's discounted valuation, along with the strength in the core business and the absence of GLP-1 exposure, are factors that continue to support a positive perspective on the shares.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.