Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Illumina Inc (NASDAQ: ILMN) was $140.00 for the day, up 0.24% from the previous closing price of $139.66. In other words, the price has increased by $0.24 from its previous closing price. On the day, 3.24 million shares were traded. ILMN stock price reached its highest trading level at $143.325 during the session, while it also had its lowest trading level at $134.1404.
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 22.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 62.65. 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 Aug 15 ’24 when CHARLES E. DADSWELL TRUST U/A/ bought 3,956 shares for $122.28 per share.
Thaysen Jacob bought 7,330 shares of ILMN for $991,672 on Feb 22 ’24. The Chief Executive Officer now owns 14,861 shares after completing the transaction at $135.29 per share. On Nov 07 ’23, another insider, Hoyt Aimee L, who serves as the SVP, Chief People Officer of the company, sold 315 shares for $112.84 each. As a result, the insider received 35,545 and left with 8,314 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 22301999104 and an Enterprise Value of 24228999168. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.04 while its Price-to-Book (P/B) ratio in mrq is 15.50. Its current Enterprise Value per Revenue stands at 5.471 whereas that against EBITDA is 38.156.
Stock Price History:
Over the past 52 weeks, ILMN has reached a high of $144.02, while it has fallen to a 52-week low of $86.49. The 50-Day Moving Average of the stock is 8.50%, while the 200-Day Moving Average is calculated to be 13.01%.
Shares Statistics:
ILMN traded an average of 1.72M shares per day over the past three months and 2059580 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 89.40% stake in the company. Shares short for ILMN as of 1726185600 were 4880973 with a Short Ratio of 2.84, compared to 1723680000 on 4210451. Therefore, it implies a Short% of Shares Outstanding of 4880973 and a Short% of Float of 3.46.
