Hologic Stock Ranks 375th in Trading Volume Despite 60% Decline

On May 8, 2025, Hologic's trading volume reached $280 million, marking a 60.03% decrease from the previous day. The stock ranked 375th in terms of trading volume for the day. Hologic's stock price increased by 1.35%, marking the third consecutive day of gains, with a total increase of 6.54% over the past three days.

Analysts have set a target price range for Hologic, with an average target of $67.96, indicating potential upside for the stock. Morgan Stanley recently lowered its target price for Hologic from $77.00 to $65.00 and maintained an "equal weight" rating for the company.

Hologic is expected to report earnings of $1.07 per share for the current quarter, reflecting a year-over-year change of 0.9%. The company's recent earnings report showed earnings per share of $1.03, beating analysts' estimates by $0.01. Hologic's revenue for the quarter was $1.01 billion, slightly below the previous year's revenue of $1.03 billion.

Several institutional investors have adjusted their positions in Hologic. Benson Investment Management Company Inc. acquired a new stake in Hologic worth approximately $4.83 million. Principal Financial Group Inc. increased its holdings by 0.6%, while Clean Yield Group boosted its position by 18.9%. Nisa Investment Advisors LLC grew its stake by 44.7%, and Empirical Financial Services LLC increased its position by 11.4%. Institutional investors collectively own 94.73% of Hologic's stock.