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As of close of business last night, Illumina Inc’s stock clocked out at $124.83, up 0.56% from its previous closing price of $124.13. In other words, the price has increased by $0.56 from its previous closing price. On the day, 2.25 million shares were traded. ILMN stock price reached its highest trading level at $125.855 during the session, while it also had its lowest trading level at $122.5.
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 20.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 55.86. 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 19885418496 and an Enterprise Value of 21812418560. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.49 while its Price-to-Book (P/B) ratio in mrq is 13.82. Its current Enterprise Value per Revenue stands at 4.925 whereas that against EBITDA is 34.35.
Stock Price History:
Over the past 52 weeks, ILMN has reached a high of $154.79, while it has fallen to a 52-week low of $86.49. The 50-Day Moving Average of the stock is 2.64%, while the 200-Day Moving Average is calculated to be 2.47%.
Shares Statistics:
It appears that ILMN traded 2.45M shares on average per day over the past three months and 1368970 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 89.56% stake in the company. Shares short for ILMN as of 1723680000 were 4210451 with a Short Ratio of 1.72, compared to 1721001600 on 4775487. Therefore, it implies a Short% of Shares Outstanding of 4210451 and a Short% of Float of 2.9899999999999998.
