As of Friday close, Illumina Inc.’s (NASDAQ:ILMN) stock was down -$0.89, moving down -0.67 percent to $132.44. The average number of shares traded per day over the past five days has been 1,895,900 shares. 1 time new highs have been achieved over the past 5 days, with a -$13.71 fall in that time frame. In the last twenty days, the average volume was 1,730,755, while in the previous 50 days, it was 1,601,010.
Since last month, ILMN stock retreated -19.21%. Shares of the company fell to $131.80 on 09/22/23, the lowest level in the past month. A 52-week high of $248.87 was reached on 03/13/23 after having rallying from a 52-week low of $133.21. Since the beginning of this year, ILMN’s stock price has dropped by -34.50% or -$69.76, and marked a new high 8 times. However, the stock has declined by -46.78% since its 52-week high.
ILMN stock investors should be aware that Illumina Inc. (ILMN) stock had its last reported insider trading activity 32 days ago on Aug 22. TOUSI SUSAN H, the SVP, Chief Commercial Officer of the company, disposed of 500 shares for $167.04 on Aug 22. It resulted in a $83,520 divestment by the insider. TOUSI SUSAN H sold 500 shares at an average price of $190.08 on Jul 24. The insider now owns 46,022 shares following the transaction. On Jun 22, SVP, Chief Commercial Officer TOUSI SUSAN H sold 500 shares at $200.00 apiece. The transaction was valued at $100,000.
Valuation Metrics
The stock’s beta is 1.16. Besides these, the trailing price-to-sales (P/S) ratio of 4.84, the price-to-book (PB) ratio of 3.19.
Financial Health
In the three months ended June 29, Illumina Inc.’s quick ratio stood at 1.10, while its current ratio was 1.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.23, and the total debt-to-equity ratio was 0.34. On the profitability front, the trailing twelve-month gross margin is 62.20% percent. In the year ended June 29, EBITDA margin amounted to 16.32%, whereas operating margins totaled -88.20%. Based on annual data, ILMN earned $2.97 billion in gross profit and brought in $4.58 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -45.50%. Return on equity (ROE) for the past 12 months was -63.00%.
In Illumina Inc.’s quarter-end financial report for June 29, it reported total debt of $1.49 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. ILMN’s revenue rose 1.19% to $1.09 billion during the quarter, while net income inched up to $1.18 billion. While analysts expected Illumina Inc. to report $0.02 quarterly earnings, the actual figure was $0.32 per share. During the quarter, the company generated $20.0 million in EBITDA. The liabilities of Illumina Inc. were 5.22 billion at the end of its most recent quarter ended June 29, and its total debt was $3.05 billion. The value of shareholders’ equity is $158.3 million.
Technical Picture
This quick technical analysis looks at Illumina Inc.’s (ILMN) price momentum. With a historical volatility rate of 14.61%, the RSI 9-day stood at 10.37% on 22 September.
With respect to its five-day moving average, the current Illumina Inc. price is down by -9.38% percent or -$13.71. At present, ILMN shares trade -17.02% below its 20-day simple moving average and -34.54% percent below its 100-day simple moving average. However, the stock is currently trading approximately -29.86% below its SMA50 and -38.07% below its SMA200.
Stochastic coefficient K was 1.03% and Stochastic coefficient D was 2.42%, while ATR was 4.86. Given the Stochastic reading of 1.78% for the 14-day period, the RSI (14) reading has been calculated as 16.00%. As of today, the MACD Oscillator reading stands at -8.06, while the 14-day reading stands at -13.60.
Analyst Ratings
Illumina Inc. (ILMN) has been rated Overweight by analysts. According to 3 brokerage firms, ILMN is a sell, and 9 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Illumina Inc. stock as buy, with 8 recommending it as overweight.
With a median target price of $210.00, the current consensus forecast for the stock is $125.00 – $318.00. Based on these forecasts, analysts predict Illumina Inc. (ILMN) will achieve an average price target of $214.17.
