Illumina Inc (ILMN) with a beta value of 1.21 appears to be a promising investment opportunity.

Illumina Inc (NASDAQ: ILMN) kicked off on Friday, up 137.84% from the previous trading day, before settling in for the closing price of $151.70. Over the past 52 weeks, ILMN has traded in a range of $89.00-$238.55.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 9.24%. While this was happening, its average annual earnings per share was recorded 6.64%. With a float of $158.12 million, this company’s outstanding shares have now reached $158.80 million.

Illumina Inc (ILMN) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Diagnostics & Research Industry. The insider ownership of Illumina Inc is 0.42%, while institutional ownership is 89.07%. The most recent insider transaction that took place on Nov 07, was worth 35,545. In this transaction SVP, Chief People Officer of this company sold 315 shares at a rate of $112.84, taking the stock ownership to the 8,314 shares. Before that another transaction happened on Aug 22, when Company’s SVP, Chief Commercial Officer sold 500 for $167.04, making the entire transaction worth $83,520. This insider now owns 45,524 shares in total.

Illumina Inc (ILMN) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $0.14 earnings per share (EPS), higher than consensus estimate (set at $0.02) by $0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 6.64% per share during the next fiscal year.

Illumina Inc (NASDAQ: ILMN) Trading Performance Indicators

Take a look at Illumina Inc’s (ILMN) current performance indicators. Last quarter, stock had a quick ratio of 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.86. Likewise, its price to free cash flow for the trailing twelve months is 129.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.34, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 2.48 in one year’s time.

Technical Analysis of Illumina Inc (ILMN)

Compared to the last year’s volume of 1.95 million, its volume of 2.19 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 35.40%. Additionally, its Average True Range was 5.47.

During the past 100 days, Illumina Inc’s (ILMN) raw stochastic average was set at 82.51%, which indicates a significant increase from 19.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.64% in the past 14 days, which was lower than the 47.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $133.16, while its 200-day Moving Average is $156.34. Nevertheless, the first resistance level for the watch stands at $145.26 in the near term. At $152.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $157.66. If the price goes on to break the first support level at $132.86, it is likely to go to the next support level at $127.88. Now, if the price goes above the second support level, the third support stands at $120.46.

Illumina Inc (NASDAQ: ILMN) Key Stats

The company with the Market Capitalisation of 21.89 billion has total of 158,800K Shares Outstanding. Its annual sales at the moment are 4,584 M in contrast with the sum of -4,404 M annual income. Company’s last quarter sales were recorded 1,119 M and last quarter income was -754,000 K.