Illumina Inc (NASDAQ: ILMN) has reported E.P.S. of $-4.77 for its third fiscal quarter (ending September 30) versus $-24.26 for the same period a year ago. This performance was $-4.91 short of the consensus estimate of $0.14. For the latest four quarters through September 30, E.P.S. were $-7.12 compared to $-26.41 a year ago.
Recent Price Action
Illumina Inc (NASDAQ: ILMN) stock closed at $106.98 on 11/9/23 after a large decline of -3.4%. Relative to the market the stock has been extremely weak over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ILMN is expected to continue to be a modest Value Builder.
Illumina has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Illumina has a slightly negative Appreciation Score of 34 and a very low Power Rating of 3, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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