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.

A number of analysts gave price targets for ILMN. The most optimistic analyst gave a price target of 220, implying potential capital gains of 25.77 percent. The most pessimistic price target was 122, implying potential capital losses of -30.25 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -0.14 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 4 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of ILMN's earnings is estimated by analysts to be -27.4 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of ILMN is -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 below the high by 7.68 percent. 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.