Illumina Inc (NASDAQ: ILMN) is -43.83% lower on its value in year-to-date trading and has touched a low of $68.70 and a high of $156.66 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ILMN stock was last observed hovering at around $74.78 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $75.06, the stock is -5.86% and -16.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.95 million and changing 0.37% at the moment leaves the stock -38.64% off its SMA200. ILMN registered -40.91% loss for a year compared to 6-month loss of -47.79%. The firm has a 50-day simple moving average (SMA 50) of $90.2542 and a 200-day simple moving average (SMA200) of $122.3338.
The stock witnessed a -12.31% gain in the last 1 month and extending the period to 3 months gives it a -47.95%, and is 2.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.71% over the week and 5.05% over the month.
Illumina Inc (ILMN) has around 10370 employees, a market worth around $11.89B and $4.37B in sales. Fwd P/E is 14.86. Profit margin for the company is -27.95%. Distance from 52-week low is 9.26% and -52.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-27.67%).
with sales reaching $1.03B over the same period.The EPS is expected to grow by 6.92% this year, but quarterly earnings will post -1.72% year-over-year. Quarterly sales are estimated to shrink -3.92% in year-over-year returns.
Illumina Inc (ILMN) Top Institutional Holders
1212.0 institutions hold shares in Illumina Inc (ILMN), with institutional investors hold 107.17% of the company’s shares. The shares outstanding are 159.00M, and float is at 153.56M with Short Float at 3.68%. Institutions hold 106.97% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 18.07 million shares valued at $1.89 billion. The investor’s holdings represent 11.3671% of the ILMN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 15.88 million shares valued at $1.66 billion to account for 9.9894 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 5.61 million shares representing 3.5253% and valued at over $585.07 million, while STATE STREET CORP holds 3.5202 of the shares totaling 5.6 million with a market value of $584.23 million.
Illumina Inc (ILMN) Insider Activity
#####
Still, SEC filings show that on Feb 18 ’25, PATRICIA L LECKMAN (Officer) Proposed Sale 1,756 shares at an average price of $100.00 for $0.18 million. The insider now directly holds shares of Illumina Inc (ILMN).
