Illumina, Inc. [NASDAQ: ILMN] shares went lower by -0.65% from its previous closing of $293.28, now trading at the price of $291.38, also adding -1.9 points. Is ILMN stock a buy or should you stay away?
The stock had a rather active trading session with the latest closing, by far recording 2.18 million contracts. Compared to the average trading volume of ILMN shares, the company saw a far better performance. Moreover, the stock has a 146.53M float and a -3.27% run over in the last seven days. ILMN share price has been hovering between $380.76 and $263.30 lately, and is definitely worthy of attention.
Illumina, Inc. [NASDAQ:ILMN]: Analyst Rating and Earnings
Its stock price has been found in the range of 263.30 to 380.76. This is compared to its latest closing price of $293.28.
Keep your eyes peeled for this company’s upcoming financial results publication, which is slated for Thu 23 Apr (In 70 Days).
Fundamental Analysis of Illumina, Inc. [ILMN]
Now let’s turn to look at profitability: with a current Operating Margin for Illumina, Inc. [ILMN] sitting at +27.80 and its Gross Margin at +70.59, this company’s Net Margin is now 26.50%. These measurements indicate that Illumina, Inc. [ILMN] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 15.95, and its Return on Invested Capital has reached 13.60%. Its Return on Equity is 23.94, and its Return on Assets is 14.04. These metrics all suggest that Illumina, Inc. is doing well at using the money it earns to generate returns.
Similarly, its Total Debt to Total Assets stands at 25.10.
What about valuation? This company’s Enterprise Value to EBITDA is 35.57. The Enterprise Value to Sales for this firm is now 11.78.
Similarly, this company’s Total Asset Turnover is 0.50. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 6.15 and its Current Ratio is 6.69. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Illumina, Inc. [ILMN] has 150.46M shares outstanding, amounting to a total market cap of $43.84B. Its stock price has been found in the range of 263.30 to 380.76. At its current price, it has moved down by -23.47% from its 52-week high, and it has moved up 10.66% from its 52-week low.
This stock’s Beta value is currently 1.15, which indicates that it is 1.58% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 33.03. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Illumina, Inc. [ILMN] a Reliable Buy?
Shares of Illumina, Inc. [ILMN], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.