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.

Investment analysts gave a few price targets for ILMN. The most optimistic price target was 220, which equates to a potential upside of 25.77 percent. The most pessimistic analyst gave a price target of 122, implying potential capital losses of -30.25 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.71 percent. 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, while 4 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

The growth rate of ILMN's earnings is estimated by analysts to be -27.4 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. ILMN has a PEG ratio of -1.27.

In the last 52-weeks, ILMN has achieved a high of 189.48 and a low of 119.37. Today's price is 46.54 percent above the 52-week low, and 7.68 percent below the high. ILMN has a price/earnings 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 stock has a market capitalization of $25.45 billion. ILMN will post this quarters earnings in days, on 0000-00-00.