For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Illumina Inc (NASDAQ: ILMN) closed at $100.24 down -1.51% from its previous closing price of $101.78. In other words, the price has decreased by -$1.51 from its previous closing price. On the day, 3.11 million shares were traded. ILMN stock price reached its highest trading level at $103.69 during the session, while it also had its lowest trading level at $99.96.
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 13.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.39. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 0.86.
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, Barclays on February 10, 2025, Downgraded its rating to Underweight and sets its target price to $100 from $130 previously.
On February 07, 2025, TD Cowen Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $177 to $140.
Citigroup Downgraded its Buy to Neutral on December 11, 2024, whereas the target price for the stock was revised from $190 to $165.
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 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 15878016000 and an Enterprise Value of 17280016384. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.63 while its Price-to-Book (P/B) ratio in mrq is 6.72. Its current Enterprise Value per Revenue stands at 3.952 whereas that against EBITDA is 24.651.
Stock Price History:
The Beta on a monthly basis for ILMN is 1.13, which has changed by -0.26421475 over the last 52 weeks, in comparison to a change of 0.22894537 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 -24.70%, while the 200-Day Moving Average is calculated to be -21.01%.
Shares Statistics:
For the past three months, ILMN has traded an average of 2.29M shares per day and 3869670 over the past ten days. A total of 159.00M shares are outstanding, with a floating share count of 157.15M. Insiders hold about 0.79% of the company’s shares, while institutions hold 98.56% stake in the company. Shares short for ILMN as of 1738281600 were 6506460 with a Short Ratio of 2.84, compared to 1735603200 on 5043808. Therefore, it implies a Short% of Shares Outstanding of 6506460 and a Short% of Float of 4.64.
