Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Illumina Inc (NASDAQ: ILMN) was $137.37 for the day, up 0.87% from the previous closing price of $136.19. In other words, the price has increased by $0.87 from its previous closing price. On the day, 1.29 million shares were traded. ILMN stock price reached its highest trading level at $138.0 during the session, while it also had its lowest trading level at $131.75.
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 23.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on December 11, 2024, Downgraded its rating to Neutral and sets its target price to $165 from $190 previously.
HSBC Securities Upgraded its Hold to Buy on October 17, 2024, while the target price for the stock was maintained at $180.
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 21786882048 and an Enterprise Value of 23521882112. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.96 while its Price-to-Book (P/B) ratio in mrq is 10.21. Its current Enterprise Value per Revenue stands at 5.358 whereas that against EBITDA is 32.222.
Stock Price History:
The Beta on a monthly basis for ILMN is 1.11, which has changed by 0.039272547 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, ILMN has reached a high of $156.66, while it has fallen to a 52-week low of $97.27. The 50-Day Moving Average of the stock is -2.67%, while the 200-Day Moving Average is calculated to be 8.52%.
Shares Statistics:
ILMN traded an average of 2.00M shares per day over the past three months and 1731610 shares per day over the past ten days. A total of 158.00M shares are outstanding, with a floating share count of 157.39M. Insiders hold about 0.77% of the company’s shares, while institutions hold 99.87% stake in the company. Shares short for ILMN as of 1735603200 were 5043808 with a Short Ratio of 2.53, compared to 1732838400 on 7209970. Therefore, it implies a Short% of Shares Outstanding of 5043808 and a Short% of Float of 3.5999999999999996.
