Needham Downgrades Hologic (LSE:0J5Q)

Fintel reports that on February 3, 2025, Needham downgraded their outlook for Hologic (LSE:0J5Q) from Buy to Hold.

Analyst Price Forecast Suggests 20.99% Upside

As of January 29, 2025, the average one-year price target for Hologic is 87.07 GBX/share. The forecasts range from a low of 72.86 GBX to a high of 99.24 GBX. The average price target represents an increase of 20.99% from its latest reported closing price of 71.96 GBX / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Hologic is 4,467MM, an increase of 10.84%. The projected annual non-GAAP EPS is 4.57.

What is the Fund Sentiment?

There are 1,446 funds or institutions reporting positions in Hologic. This is an increase of 16 owner(s) or 1.12% in the last quarter. Average portfolio weight of all funds dedicated to 0J5Q is 0.22%, an increase of 2.19%. Total shares owned by institutions increased in the last three months by 2.30% to 263,863K shares.

What are Other Shareholders Doing?

GB:0J5Q / Hologic, Inc. Shares Held by Institutions

T. Rowe Price Investment Management holds 22,137K shares representing 9.81% ownership of the company. In its prior filing, the firm reported owning 22,455K shares , representing a decrease of 1.44%. The firm increased its portfolio allocation in 0J5Q by 3.34% over the last quarter.

RPMGX - T. Rowe Price Mid-Cap Growth Fund holds 10,500K shares representing 4.65% ownership of the company. In its prior filing, the firm reported owning 10,713K shares , representing a decrease of 2.03%. The firm increased its portfolio allocation in 0J5Q by 2.69% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 7,391K shares representing 3.27% ownership of the company. In its prior filing, the firm reported owning 7,351K shares , representing an increase of 0.54%. The firm increased its portfolio allocation in 0J5Q by 3.60% over the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 6,083K shares representing 2.70% ownership of the company. In its prior filing, the firm reported owning 5,990K shares , representing an increase of 1.54%. The firm increased its portfolio allocation in 0J5Q by 2.54% over the last quarter.

Geode Capital Management holds 5,587K shares representing 2.48% ownership of the company. In its prior filing, the firm reported owning 5,573K shares , representing an increase of 0.25%. The firm decreased its portfolio allocation in 0J5Q by 46.89% over the last quarter.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

Click to Learn More

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.