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.

Several price targets were given for ILMN by the analysts covering the stock. The highest price target was 220, which equates to a potential upside of 25.77 percent. The minimum price target given was 122, implying a possible loss 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -0.71 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 4 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

Analysts estimate earnings of ILMN to grow at a rate of -27.4 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ILMN is -1.27.

In the trailing 52-weeks, ILMN hit 189.48 at the highest peak, while it's lowest trading point was 119.37. 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 market cap of ILMN is $25.45 billion. ILMN will post this quarters earnings in days, on 0000-00-00.