Illumina Inc (NASDAQ: ILMN) has reported earnings for its third fiscal quarter (ending September 30) of $4.43 versus a loss $-4.77 for the same period a year ago — a decline of -193%. E.P.S. were $-9.97 for the latest four quarters through September 30 versus $-7.12 for the same period a year ago — an increase of 40%.
Recent Price Action
On 11/4/24, Illumina Inc (NASDAQ: ILMN) stock enjoyed a large increase of 2.5%, closing at $153.49. Moreover, this advance was accompanied by exceptionally high trading volume at 252% of normal. The stock has performed in line with the market over the last nine months and has risen 8.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ILMN is expected to be a 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 consistent signals. Illumina has a slightly negative Power Rating of 36 and a poor Appreciation Score of 17, 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.
Be the first to comment