Market Momentum Report: Illumina Inc (ILMN)’s Negative Close at 134.00

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The price of Illumina Inc (NASDAQ: ILMN) closed at $134.00 in the last session, down -0.02% from day before closing price of $134.03. In other words, the price has decreased by -$0.02 from its previous closing price. On the day, 1.99 million shares were traded. ILMN stock price reached its highest trading level at $135.24 during the session, while it also had its lowest trading level at $130.31.

Ratios:

We take a closer look at ILMN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.92. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 21252399104 and an Enterprise Value of 22992158720. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.84 while its Price-to-Book (P/B) ratio in mrq is 9.96. Its current Enterprise Value per Revenue stands at 5.237 whereas that against EBITDA is 31.496.

Stock Price History:

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 -7.00%, while the 200-Day Moving Average is calculated to be 6.29%.

Shares Statistics:

According to the various share statistics, ILMN traded on average about 1.92M shares per day over the past 3-months and 1766950 shares per day over the past 10 days. A total of 158.00M shares are outstanding, with a floating share count of 157.38M. Insiders hold about 0.77% of the company’s shares, while institutions hold 99.80% stake in the company. Shares short for ILMN as of 1732838400 were 7209970 with a Short Ratio of 3.76, compared to 1730332800 on 6724594. Therefore, it implies a Short% of Shares Outstanding of 7209970 and a Short% of Float of 5.140000000000001.

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