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The closing price of Illumina Inc (NASDAQ: ILMN) was $136.36 for the day, down -1.91% from the previous closing price of $139.02. In other words, the price has decreased by -$1.91 from its previous closing price. On the day, 1.66 million shares were traded. ILMN stock price reached its highest trading level at $139.1 during the session, while it also had its lowest trading level at $134.83.
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 21.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.02. 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 22145820672 and an Enterprise Value of 23649148928. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.90 while its Price-to-Book (P/B) ratio in mrq is 15.10. Its current Enterprise Value per Revenue stands at 5.34 whereas that against EBITDA is 37.243.
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 7.34%, while the 200-Day Moving Average is calculated to be 10.27%.
Shares Statistics:
ILMN traded an average of 1.67M shares per day over the past three months and 1676620 shares per day over the past ten days. A total of 159.00M shares are outstanding, with a floating share count of 158.42M. Insiders hold about 0.55% 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 2.92, compared to 1723680000 on 4210451. Therefore, it implies a Short% of Shares Outstanding of 4880973 and a Short% of Float of 3.46.
