Hologic's Stock Price Movement: Understanding the Facts and Trends

Hologic, Inc. (HOLX) has been trending, with shares returning 1.4% over the past month, compared to the S&P 500's -0.5% change and the Medical - Instruments industry's 6.8% gain. The company is expected to post earnings of $1.09 per share for the current quarter, representing a year-over-year change of +5.8%. The consensus earnings estimate for the current fiscal year is $4.5, indicating a change of +5.6% from the prior year. The stock is rated Zacks Rank #3 (Hold) due to the size of the recent change in the consensus estimate.