Barclays has recently reduced Illumina Inc (ILMN) stock to Underweight rating, as announced on February 10, 2025, according to Finviz. Earlier, on February 7, 2025, TD Cowen had reduced the stock from a Buy to Hold, setting a price target of $140 for ILMN stock. Citigroup also reduced Neutral rating with a price target of $165. Additionally, Morgan Stanley resumed rating on November 12, 2024, with a target price of $156. HSBC Securities analysts, in their report published on October 17, 2024, also raised Buy rating for Illumina Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Illumina Inc (ILMN) Stock Trading Recap
On Thursday, Illumina Inc (ILMN) stock saw a decline, ending the day at $101.78 which represents a decrease of $-1.79 or -1.73% from the prior close of $103.57. The stock opened at $103.03 and touched a low of $101.1 during the day, reaching a high of $104.35. The volume of shares traded was 2.76 million exceeding the average volume of 2.28 million.
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ILMN Stock Performance and Moving Averages
In recent trading, Illumina Inc (ILMN) stock price has shown some volatility, fluctuating -17.12% over the last five trades and -25.42% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -14.98%, and it has plunged by -32.82% in the previous three months. Currently, ILMN is trading at -19.24%, -24.06%, and -19.86% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, ILMN, a Healthcare sector stock, is trading -35.03% below its 52-week high but remains 4.64% above its 52-week low. The Average True Range (ATR) (14 days) of 5.85 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Illumina Inc’s Profitability and Valuation Ratios
Illumina Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of 26.88% and a profit margin of -27.95%, with a gross margin of -14.98%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Illumina Inc’s market capitalization stands at $16.14 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 19.74. Additionally, the Price-to-Sales Ratio is 3.69, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 6.82, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 1.00% of Illumina Inc (ILMN)’s shares, while financial institutions hold 99.87%.
