Daily Progress: Illumina Inc (ILMN) Drop -0.51, Closing at 108.66

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In the latest session, Illumina Inc (NASDAQ: ILMN) closed at $108.66 down -0.51% from its previous closing price of $109.22. In other words, the price has decreased by -$0.51 from its previous closing price. On the day, 1.54 million shares were traded. ILMN stock price reached its highest trading level at $110.15 during the session, while it also had its lowest trading level at $107.61.

Ratios:

For a deeper understanding of Illumina Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.42. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.75. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.38.

TD Cowen Downgraded its Outperform to Market Perform on January 04, 2024, while the target price for the stock was maintained at $144.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 22 ’24 when Thaysen Jacob bought 7,330 shares for $135.29 per share. The transaction valued at 991,672 led to the insider holds 14,861 shares of the business.

Hoyt Aimee L sold 315 shares of ILMN for $35,545 on Nov 07 ’23. The SVP, Chief People Officer now owns 8,314 shares after completing the transaction at $112.84 per share. On Aug 22 ’23, another insider, TOUSI SUSAN H, who serves as the SVP, Chief Commercial Officer of the company, sold 500 shares for $167.04 each. As a result, the insider received 83,520 and left with 45,524 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ILMN now has a Market Capitalization of 17309538304 and an Enterprise Value of 18477537280. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.85 while its Price-to-Book (P/B) ratio in mrq is 3.01. Its current Enterprise Value per Revenue stands at 4.113 whereas that against EBITDA is 53.558.

Stock Price History:

Over the past 52 weeks, ILMN has reached a high of $212.49, while it has fallen to a 52-week low of $89.00. The 50-Day Moving Average of the stock is -6.08%, while the 200-Day Moving Average is calculated to be -14.61%.

Shares Statistics:

For the past three months, ILMN has traded an average of 1.88M shares per day and 3075960 over the past ten days. A total of 159.00M shares are outstanding, with a floating share count of 158.51M. Insiders hold about 0.50% of the company’s shares, while institutions hold 91.76% stake in the company. Shares short for ILMN as of 1715731200 were 5404263 with a Short Ratio of 3.10, compared to 1713139200 on 5274500. Therefore, it implies a Short% of Shares Outstanding of 5404263 and a Short% of Float of 3.8399997999999997.

Earnings Estimates

The dynamic stock of Illumina Inc (ILMN) is currently being evaluated by a team of 15.0 analysts, each contributing to its current rating.On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.21 and a low estimate of -$0.01, while EPS last year was $0.32. The consensus estimate for the next quarter is $0.24, with high estimates of $0.54 and low estimates of $0.08.

Analysts are recommending an EPS of between $1.44 and $0.33 for the fiscal current year, implying an average EPS of $0.72. EPS for the following year is $2.51, with 18.0 analysts recommending between $4.58 and $1.06.

Revenue Estimates

A total of 14 analysts believe the company’s revenue will be $1.1B this quarter.It ranges from a high estimate of $1.11B to a low estimate of $1.09B. As of the current estimate, Illumina Inc’s year-ago sales were $1.16BFor the next quarter, 14 analysts are estimating revenue of $1.14B. There is a high estimate of $1.16B for the next quarter, whereas the lowest estimate is $1.11B.

A total of 18 analysts have provided revenue estimates for ILMN’s current fiscal year. The highest revenue estimate was $4.54B, while the lowest revenue estimate was $4.46B, resulting in an average revenue estimate of $4.51B. In the same quarter a year ago, actual revenue was $4.5BBased on 18 analysts’ estimates, the company’s revenue will be $4.83B in the next fiscal year. The high estimate is $5.01B and the low estimate is $4.5B.

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