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As of close of business last night, Illumina Inc’s stock clocked out at $132.62, up 0.08% from its previous closing price of $132.51. In other words, the price has increased by $0.08 from its previous closing price. On the day, 1.62 million shares were traded. ILMN stock price reached its highest trading level at $133.295 during the session, while it also had its lowest trading level at $129.9.
Ratios:
To gain a deeper understanding of ILMN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.34. 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.
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, Daiwa Securities on August 16, 2024, Upgraded its rating to Buy and sets its target price to $154 from $120 previously.
On August 14, 2024, TD Cowen Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $126 to $144.
Barclays Upgraded its Underweight to Equal Weight on August 14, 2024, while the target price for the stock was maintained at $125.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 21126365184 and an Enterprise Value of 23053365248. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.77 while its Price-to-Book (P/B) ratio in mrq is 14.68. Its current Enterprise Value per Revenue stands at 5.205 whereas that against EBITDA is 36.305.
Stock Price History:
Over the past 52 weeks, ILMN has reached a high of $166.67, while it has fallen to a 52-week low of $86.49. The 50-Day Moving Average of the stock is 15.15%, while the 200-Day Moving Average is calculated to be 10.71%.
Shares Statistics:
It appears that ILMN traded 2.79M shares on average per day over the past three months and 2076190 shares per day over the past ten days. A total of 159.00M shares are outstanding, with a floating share count of 158.35M. Insiders hold about 0.60% of the company’s shares, while institutions hold 89.76% stake in the company. Shares short for ILMN as of 1722384000 were 4658730 with a Short Ratio of 1.67, compared to 1719532800 on 5023279. Therefore, it implies a Short% of Shares Outstanding of 4658730 and a Short% of Float of 3.3099998.
