For its first fiscal quarter (ending March 31), Illumina Inc (NASDAQ: ILMN) has reported a -4050% decline in E.P.S. from $0.02 a year ago to $-0.79 in the current quarter. This performance was $-1.25 short of the consensus estimate of $0.46. E.P.S. were $-8.15 for the latest four quarters through March 31 versus $-28.53 for the same period a year ago.
Recent Price Action
Illumina Inc (NASDAQ: ILMN) stock closed at $123.99 on 5/2/24 after a slight decline of -0.6%. Trading volume in this decline was normal. The stock has risen 0.9% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ILMN is expected to be a Value Builder.
Illumina has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Illumina has a poor Power Rating of 23 and a poor Appreciation Score of 18, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment