Hologic: Prospects For Growth As Headwinds Disappear
Hologic(HOLX) Seeking Alpha·2024-02-11 23:54
mapodile/E+ via Getty Images Shares of Hologic (NASDAQ:HOLX) have been trading relatively stagnant in recent years, while the underlying business has seen quite some volatility since the outset of the pandemic. This creates quite an interesting set-up. While lucrative pandemic-related sales are on their retreat, Hologic has seen continued growth, bought back shares and maintained balance sheet discipline. All this has gradually pushed down valuations to quite appealing multiples, amidst solid organic growth ...