Illumina Inc [ILMN] stock is trading at $148.53, up 0.68%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ILMN shares have gain 5.64% over the last week, with a monthly amount drifted -1.69%, and not seem to be holding up well over a long-time horizon.
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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 [ILMN] stock has fluctuated between $97.27 and $156.66 over the past year. Currently, Wall Street analysts expect the stock to reach $150.5 within the next 12 months. Illumina Inc [NASDAQ: ILMN] shares were valued at $148.53 at the most recent close of the market. An investor can expect a potential return of 1.33% based on the average ILMN price forecast.
Analyzing the ILMN fundamentals
Illumina Inc [NASDAQ:ILMN] reported sales of 4.39B for the trailing twelve months, which represents a drop of -3.49%. 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 146.80 points at the first support level, and at 145.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 151.00, and for the 2nd resistance point, it is at 153.48.
Ratios To Look Out For
For context, Illumina Inc’s Current Ratio is 2.43. Further, the Quick Ratio stands at 1.85, while the Cash Ratio is 0.89. Considering the valuation of this stock, the price to sales ratio is 5.37, the price to book ratio is 11.04.
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.
