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As of close of business last night, Illumina Inc’s stock clocked out at $126.15, down -2.07% from its previous closing price of $128.82. In other words, the price has decreased by -$2.07 from its previous closing price. On the day, 1.02 million shares were traded. ILMN stock price reached its highest trading level at $129.43 during the session, while it also had its lowest trading level at $125.93.
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 20.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 56.45. 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:
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 20095694848 and an Enterprise Value of 22022694912. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.54 while its Price-to-Book (P/B) ratio in mrq is 13.97. Its current Enterprise Value per Revenue stands at 4.972 whereas that against EBITDA is 34.681.
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 0.55%, while the 200-Day Moving Average is calculated to be 2.36%.
Shares Statistics:
It appears that ILMN traded 1.80M shares on average per day over the past three months and 1613460 shares per day over the past ten days. A total of 159.00M shares are outstanding, with a floating share count of 158.49M. Insiders hold about 0.51% of the company’s shares, while institutions hold 89.42% stake in the company. Shares short for ILMN as of 1724976000 were 4473476 with a Short Ratio of 2.72, compared to 1722384000 on 4658730. Therefore, it implies a Short% of Shares Outstanding of 4473476 and a Short% of Float of 3.18.
Earnings Estimates
The market rating for Illumina Inc (ILMN) is a result of the insights provided by 19.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.94, with high estimates of $1.0 and low estimates of $0.89.
Analysts are recommending an EPS of between $3.95 and $3.83 for the fiscal current year, implying an average EPS of $3.89. EPS for the following year is $4.41, with 23.0 analysts recommending between $4.88 and $4.0.
Revenue Estimates
For the next quarter, 18 analysts are estimating revenue of $1.11B. There is a high estimate of $1.14B for the next quarter, whereas the lowest estimate is $1.09B.
A total of 20 analysts have provided revenue estimates for ILMN’s current fiscal year. The highest revenue estimate was $4.4B, while the lowest revenue estimate was $4.32B, resulting in an average revenue estimate of $4.35B. In the same quarter a year ago, actual revenue was $4.5BBased on 23 analysts’ estimates, the company’s revenue will be $4.55B in the next fiscal year. The high estimate is $4.64B and the low estimate is $4.18B.
