The stock has a 36-month beta value of 1.15. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 6 as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for ILMN is 158.48M, and at present, short sellers hold a 4.28% of that float. On October 31, 2024, the average trading volume of ILMN was 1.70M shares.
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ILMN) stock’s latest price update
Illumina Inc (NASDAQ: ILMN) has experienced a rise in its stock price by 1.14 compared to its previous closing price of 146.00. However, the company has seen a gain of 3.30% in its stock price over the last five trading days. zacks.com reported 2024-10-30 that Looking beyond Wall Street’s top -and-bottom-line estimate forecasts for Illumina (ILMN), delve into some of its key metrics to gain a deeper insight into the company’s potential performance for the quarter ended September 2024.
ILMN’s Market Performance
Illumina Inc (ILMN) has experienced a 3.30% rise in stock performance for the past week, with a 14.48% rise in the past month, and a 20.69% rise in the past quarter. The volatility ratio for the week is 2.21%, and the volatility levels for the past 30 days are at 3.40% for ILMN. The simple moving average for the last 20 days is 2.87% for ILMN’s stock, with a simple moving average of 18.39% for the last 200 days.
Analysts’ Opinion of ILMN
Many brokerage firms have already submitted their reports for ILMN stocks, with HSBC Securities repeating the rating for ILMN by listing it as a “Buy.” The predicted price for ILMN in the upcoming period, according to HSBC Securities is $180 based on the research report published on October 17, 2024 of the current year 2024.
Daiwa Securities gave a rating of “Buy” to ILMN, setting the target price at $154 in the report published on August 16th of the current year.
ILMN Trading at 9.14% from the 50-Day Moving Average
After a stumble in the market that brought ILMN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.47% of loss for the given period.
Volatility was left at 3.40%, however, over the last 30 days, the volatility rate increased by 2.21%, as shares surge +6.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.43% upper at present.
During the last 5 trading sessions, ILMN rose by +3.30%, which changed the moving average for the period of 200-days by +9.26% in comparison to the 20-day moving average, which settled at $143.54. In addition, Illumina Inc saw 9.12% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ILMN starting from CHARLES E. DADSWELL TRUST U/A/, who proposed sale 4,948 shares at the price of $145.54 back on Oct 14 ’24. After this action, CHARLES E. DADSWELL TRUST U/A/ now owns shares of Illumina Inc, valued at $720,132 using the latest closing price.
CHARLES E. DADSWELL TRUST U/A/, the Officer of Illumina Inc, proposed sale 3,956 shares at $122.28 during a trade that took place back on Aug 15 ’24, which means that CHARLES E. DADSWELL TRUST U/A/ is holding shares at $483,740 based on the most recent closing price.
Stock Fundamentals for ILMN
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.62 for the gross margin
The net margin for Illumina Inc stands at -0.69. The total capital return value is set at -0.1. Equity return is now at value -76.19, with -34.10 for asset returns.
Based on Illumina Inc (ILMN), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 1.61. The interest coverage ratio of the stock is -10.43.
Currently, EBITDA for the company is 362.0 million with net debt to EBITDA at 1.27. When we switch over and look at the enterprise to sales, we see a ratio of 5.76. The receivables turnover for the company is 6.74for trailing twelve months and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.
Conclusion
To sum up, Illumina Inc (ILMN) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
