Hologic (HOLX) in Focus: Stock Adds 5.1% in Session – Tale of the Tape

Zacks

Hologic Inc. (HOLX) was a big mover last session, as the company saw its shares rise over 5% on the day on the back of encouraging first-quarter fiscal 2015 results, with both earnings and revenues topping estimates. This led to far more shares changing hands than in a normal session resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 20.85% since Jan 6.

The company has seen two positive revisions in the past 60 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Hologic currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Another favorably-placed stock in the same industry is Inogen, Inc. (INGN), sporting a Zacks Rank #1 (Strong Buy).

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