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 maximum price target given was 220, which equates to a potential upside of 25.77 percent. The most pessimistic price target was 122, which equates to a potential downside 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. 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.

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, while 2 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of ILMN to grow at a rate of -27.4 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ILMN is -1.27.

ILMN has traded between a high of 189.48 and a low of 119.37 over the past year. Currently the stock is 46.54 percent higher than its low, and 7.68 percent below the 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 stock has a market capitalization of $25.45 billion. ILMN's next earnings release will be on 0000-00-00, which is days away.