Hologic develops, manufactures and supplies diagnostics products, medical imaging systems, and surgical products focused on women's health and well-being through early detection and treatment. Co.'s segments are: Diagnostics, which provides a range of diagnostic products used primarily to aid in the screening and diagnosis of human diseases; Breast Health, which provides a portfolio of solutions for breast cancer care primarily in the areas of radiology, breast surgery, pathology and treatment; GYN Surgical, which include NovaSure endometrial ablation system and MyoSure hysteroscopic tissue removal system; and Skeletal Health, which include the Horizon DXA, a dual energy x-ray system. We show 58 historical shares outstanding datapoints in our HOLX shares outstanding history coverage, used to compute HOLX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HOLX market cap history over the course of time is important for investors
interested in comparing HOLX's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of HOLX versus a peer is one thing; comparing
HOLX market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like HOLX can fluctuate over the course of history.
With this page we aim to empower investors researching HOLX by allowing them to research the HOLX market cap history. |
Free HOLX Email Alerts:
Video: The Importance of Market Cap
