A share price of Illumina Inc [ILMN] is currently trading at $144.36, up 0.99%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ILMN shares have gain 9.63% over the last week, with a monthly amount drifted -1.12%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, HSBC Securities upgraded its rating to Buy on October 17, 2024, and kept the price target unchanged to $180. On August 28, 2024, upgrade upgraded it’s rating to Buy. Daiwa Securities upgraded its rating to a Buy and increased its price target to $154 on August 16, 2024. TD Cowen upgraded its rating to a Buy and raised its price target to $144 on August 14, 2024. Barclays upgraded its rating to Equal Weight for this stock on August 14, 2024, but kept the price target unchanged to $125. In a note dated July 10, 2024, Citigroup upgraded an Buy rating on this stock but restated the target price of $140.
Illumina Inc experienced fluctuations in its stock price throughout the past year between $90.88 and $156.66. Currently, Wall Street analysts expect the stock to reach $202.44 within the next 12 months. Illumina Inc [NASDAQ: ILMN] shares were valued at $144.36 at the most recent close of the market. An investor can expect a potential return of 40.23% based on the average ILMN price forecast.
Analyzing the ILMN fundamentals
Trailing Twelve Months sales for Illumina Inc [NASDAQ:ILMN] were 4.39B which represents -3.49% decline. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at -0.35%, and Net Profit Margin reading is -0.36%. To continue investigating profitability, this company’s Return on Assets is posted at -0.26, Equity is -0.42 and Total Capital is 0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.94.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 142.97 points at the first support level, and at 141.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 146.02, and for the 2nd resistance point, it is at 147.69.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Illumina Inc [NASDAQ:ILMN] is 2.43. In addition, the Quick Ratio stands at 1.85 and the Cash Ratio stands at 0.89. Considering the valuation of this stock, the price to sales ratio is 5.27, the price to book ratio is 10.73.
Transactions by insiders
Recent insider trading involved CHARLES E. DADSWELL TRUST U/A/, Officer, that happened on Oct 14 ’24 when 4948.0 shares were purchased. Officer, CHARLES E. DADSWELL TRUST U/A/ completed a deal on Aug 15 ’24 to buy 3956.0 shares. Meanwhile, Chief Executive Officer Thaysen Jacob bought 7330.0 shares on Feb 22 ’24.
