Analyst Ratings for Illumina Inc. (ILMN)

Updated: 2017-07-28

Illumina Inc. (NASDAQ:ILMN) was awarded an average rating of Overweight from investment analysts following the stock. ILMN had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 8 analysts, 1 issued an overweight rating, 8 issued a hold rating, 0 gave an underweight rating, and 3 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

ILMN was given price targets by several analysts. The most optimistic analyst gave a price target of 220, implying potential capital gains of 25.77 percent. The most pessimistic analyst gave a price target of 122, which equates to a potential downside of -30.25 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -0.71 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.14 percent.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 4 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

ILMN has an estimated earnings growth rate of -27.4 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. ILMN has a PEG ratio of -1.27.

ILMN has traded between a high of 189.48 and a low of 119.37 over the past year. Today's price is 46.54 percent above the 52-week low, and 7.68 percent lower than its 52-week high. ILMN has a P/E ratio of 34.85. Investors typically compare the P/E ratio to a company's peers in the industry. The ILMN value stock report compares ILMN to some of its peers using value stock charts. The market cap of ILMN is $25.45 billion. ILMN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.