With 1.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.34 million shares. The 52-week range on ILMN shows that it touched its highest point at $156.66 and its lowest point at $68.70 during that stretch. It currently has a 1-year price target of $102.60. Beta for the stock currently stands at 1.33.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ILMN was down-trending over the past week, with a drop of -0.80%, but this was up by 5.07% over a month. Three-month performance dropped to -3.60% while six-month performance fell -43.32%. The stock lost -16.67% in the past year, while it has lost -38.76% so far this year. A look at the trailing 12-month EPS for ILMN yields -6.10 with Next year EPS estimates of 4.69. For the next quarter, that number is 1.01. This implies an EPS growth rate of 1.95% for this year and 10.68% for next year.
Float and Shares Shorts:
At present, 159.00 million ILMN shares are outstanding with a float of 153.71 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ILMN since 17 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.29595 being high and $4.11029 being low. For ILMN, this leads to a yearly average estimate of $4.13029.
