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The closing price of Illumina Inc (NASDAQ: ILMN) was $143.89 for the day, down -2.52% from the previous closing price of $147.61. In other words, the price has decreased by -$2.52 from its previous closing price. On the day, 1.53 million shares were traded. ILMN stock price reached its highest trading level at $148.6136 during the session, while it also had its lowest trading level at $143.76.
Ratios:
Our analysis of ILMN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 64.39. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 2.03 whereas as Long-Term Debt/Eq ratio is at 1.47.
On August 16, 2024, Daiwa Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $120 to $154.
TD Cowen Upgraded its Hold to Buy on August 14, 2024, whereas the target price for the stock was revised from $126 to $144.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 14 ’24 when CHARLES E. DADSWELL TRUST U/A/ bought 4,948 shares for $145.54 per share.
CHARLES E. DADSWELL TRUST U/A/ bought 3,956 shares of ILMN for $483,740 on Aug 15 ’24. On Feb 22 ’24, another insider, Thaysen Jacob, who serves as the Chief Executive Officer of the company, bought 7,330 shares for $135.29 each. As a result, the insider paid 991,672 and bolstered with 14,861 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 22921676800 and an Enterprise Value of 24855048192. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.18 while its Price-to-Book (P/B) ratio in mrq is 15.93. Its current Enterprise Value per Revenue stands at 5.612 whereas that against EBITDA is 39.142.
Stock Price History:
Over the past 52 weeks, ILMN has reached a high of $151.40, while it has fallen to a 52-week low of $86.49. The 50-Day Moving Average of the stock is 9.22%, while the 200-Day Moving Average is calculated to be 15.94%.
Shares Statistics:
ILMN traded an average of 1.75M shares per day over the past three months and 2334210 shares per day over the past ten days. A total of 159.00M shares are outstanding, with a floating share count of 158.49M. Insiders hold about 0.51% of the company’s shares, while institutions hold 89.29% stake in the company. Shares short for ILMN as of 1727654400 were 5495742 with a Short Ratio of 3.14, compared to 1724976000 on 4473476. Therefore, it implies a Short% of Shares Outstanding of 5495742 and a Short% of Float of 3.9.
