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NASDAQ:ILMN

Illumina (ILMN) Stock Price, News & Analysis

$124.39
-5.37 (-4.14%)
(As of 09/6/2024 ET)
Today's Range
$123.87
â–Ľ
$130.80
50-Day Range
$105.28
â–Ľ
$135.90
52-Week Range
$89.00
â–Ľ
$162.16
Volume
1.42 million shs
Average Volume
2.06 million shs
Market Capitalization
$19.82 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$151.05

Illumina MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
21.4% Upside
$151.05 Price Target
Short Interest
Healthy
2.64% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.11
Upright™ Environmental Score
News Sentiment
0.80mentions of Illumina in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.68%
From $3.89 to $4.50 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.73 out of 5 stars

Medical Sector

44th out of 910 stocks

Analytical Instruments Industry

2nd out of 26 stocks

ILMN stock logo

About Illumina Stock (NASDAQ:ILMN)

Illumina, Inc. offers sequencing- and array-based solutions for genetic and genomic analysis in the United States, Singapore, the United Kingdom, and internationally. It operates through Core Illumina and GRAIL segments. The company offers sequencing and array-based instruments and consumables, which include reagents, flow cells, and library preparation; whole-genome sequencing kits, which sequence entire genomes of various size and complexity; and targeted resequencing kits, which sequence exomes, specific genes, and RNA or other genomic regions of interest. It also provides whole-genome sequencing, genotyping, noninvasive prenatal testing, and product support services; and Galleri, a multi-cancer early detection test. In addition, the company is developing solutions to help accelerate cancer diagnoses, blood-based detection for minimal residual disease, and other post-diagnostic applications. The company serves genomic research centers, academic institutions, government laboratories, and hospitals, as well as pharmaceutical, biotechnology, commercial molecular diagnostic laboratories, and consumer genomics companies. It markets and distributes its products directly to customers, as well as through life-science distributors. Illumina, Inc. was incorporated in 1998 and is based in San Diego, California.

ILMN Stock Price History

ILMN Stock News Headlines

Illumina’s Antitrust Vindication
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Say Goodbye to the US Dollar
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Illumina (NASDAQ:ILMN) Lifted to Buy at Argus
Argus Research Upgrades Illumina (ILMN)
StockNews.com Begins Coverage on Illumina (NASDAQ:ILMN)
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
9/07/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Analytical instruments
Sub-Industry
Life Sciences Tools & Services
Current Symbol
NASDAQ:ILMN
CUSIP
45232710
Employees
9,300
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$151.05
High Stock Price Target
$242.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+21.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
23 Analysts

Profitability

Net Income
$-1,161,000,000.00
Pretax Margin
-68.53%

Debt

Sales & Book Value

Annual Sales
$4.43 billion
Cash Flow
$3.39 per share
Book Value
$9.01 per share

Miscellaneous

Free Float
159,029,000
Market Cap
$19.82 billion
Optionable
Optionable
Beta
1.15

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Key Executives

  • Mr. Jacob Thaysen Ph.D.Mr. Jacob Thaysen Ph.D. (Age 49)
    CEO & Director
    Comp: $796.63k
  • Ms. Carissa L. Rollins (Age 54)
    Chief Information Officer
    Comp: $693.52k
  • Mr. Charles E. Dadswell Esq. (Age 65)
    Senior VP & General Counsel
    Comp: $1.03M
  • Dr. Joydeep Goswami M.B.A. (Age 53)
    Ph.D., Advisor
    Comp: $843.55k
  • Stephanie Campos
    President
  • Mr. Ankur Dhingra (Age 48)
    Chief Financial Officer
  • Mr. Kevin Carl Pegels (Age 56)
    Chief of Global Operations
  • Mr. Scott Ericksen (Age 51)
    VP & Chief Accounting Officer
  • Dr. Steven Barnard Ph.D.
    Chief Technology Officer
  • Ms. Sallilyn Schwartz
    Vice President of Investor Relations

Should I Buy Illumina Stock? ILMN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Illumina, Inc.:

  • Illumina's stock price has shown resilience, currently trading at $130.31, with a potential for growth based on recent performance.
  • The company reported positive return on equity of 2.31%, indicating efficient use of shareholder funds to generate earnings.
  • Recent institutional inflows from large investors demonstrate confidence in Illumina's future prospects.
  • With a diverse range of genetic and genomic analysis solutions, Illumina is well-positioned to capitalize on the growing demand for such technologies.
  • Analysts' consensus rating of "Moderate Buy" and an average price target of $151.10 suggest a positive outlook for the company.

Cons

Investors should be bearish about investing in Illumina, Inc. for these reasons:

  • Illumina's quarterly revenue was down 5.4% compared to the same quarter last year, indicating a potential slowdown in growth.
  • The company had a negative net margin of 28.71%, which may raise concerns about profitability and cost management.
  • The stock's 50-day simple moving average is below the 200-day simple moving average, potentially signaling a bearish trend in the short to medium term.
  • Debt-to-equity ratio of 0.26 may indicate higher financial leverage, increasing the company's risk profile.
  • Market volatility and competition in the genetic and genomic analysis industry could pose challenges to Illumina's market share and growth trajectory.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 22, 2024. Please send any questions or comments about these Illumina pros and cons to contact@marketbeat.com.

ILMN Stock Analysis - Frequently Asked Questions

How have ILMN shares performed this year?

Illumina's stock was trading at $139.24 at the start of the year. Since then, ILMN shares have decreased by 10.7% and is now trading at $124.39.
View the best growth stocks for 2024 here
.

How were Illumina's earnings last quarter?

Illumina, Inc. (NASDAQ:ILMN) posted its earnings results on Tuesday, August, 6th. The life sciences company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.12 by $0.24. The firm's revenue for the quarter was down 5.4% on a year-over-year basis.

What is Francis deSouza's approval rating as Illumina's CEO?

496 employees have rated Illumina Chief Executive Officer Francis deSouza on Glassdoor.com. Francis deSouza has an approval rating of 92% among the company's employees. This puts Francis deSouza in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does Illumina have any subsidiaries?

The following companies are subsidiaries of Illumina: Grail, Enancio, BlueBee, Edico Genome, Conexio Genomics, GenoLogics, NextBio, and more.

Who are Illumina's major shareholders?

Illumina's top institutional investors include Baillie Gifford & Co. (3.52%), Bank of New York Mellon Corp (1.91%), Primecap Management Co. CA (1.52%) and Millennium Management LLC (0.93%). Insiders that own company stock include Susan H Tousi, Jacob Thaysen, Aimee L Hoyt, Charles Dadswell, Phillip G Febbo and Alexander Aravanis.
View institutional ownership trends
.

How do I buy shares of Illumina?

Shares of ILMN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Illumina own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Illumina investors own include NVIDIA (NVDA), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), Walt Disney (DIS), PayPal (PYPL) and Salesforce (CRM).

This page (NASDAQ:ILMN) was last updated on 9/7/2024 by MarketBeat.com Staff

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