At the time of writing, Illumina Inc [ILMN] stock is trading at $144.22, up 5.51%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ILMN shares have gain 6.04% over the last week, with a monthly amount drifted -2.90%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Illumina Inc [NASDAQ: ILMN] stock has seen the most recent analyst activity on December 11, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $165 from $190. On October 17, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $180 on the stock. Argus upgraded its rating to a Buy. Daiwa Securities upgraded its rating to a Buy and raised its price target to $154 on August 16, 2024. TD Cowen upgraded its rating to Buy for this stock on August 14, 2024, and upped its price target to $144. In a note dated August 14, 2024, Barclays upgraded an Equal Weight rating on this stock but restated the target price of $125.
For the past year, the stock price of Illumina Inc fluctuated between $97.27 and $156.66. Currently, Wall Street analysts expect the stock to reach $150 within the next 12 months. Illumina Inc [NASDAQ: ILMN] shares were valued at $144.22 at the most recent close of the market. An investor can expect a potential return of 4.01% based on the average ILMN price forecast.
Analyzing the ILMN fundamentals
According to Illumina Inc [NASDAQ:ILMN], the company’s sales were 4.39B for trailing twelve months, which represents an -3.49% plunge. 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 138.94 points at the first support level, and at 133.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 147.04, and for the 2nd resistance point, it is at 149.87.
Ratios To Look Out For
It is important to note that Illumina Inc [NASDAQ:ILMN] has a current ratio of 2.43. As well, the Quick Ratio is 1.85, while the Cash Ratio is 0.89. Considering the valuation of this stock, the price to sales ratio is 5.21, the price to book ratio is 10.72.
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.
