Alert: Negative Investment/Fundamental Signals (4/2/24)-Illumina Inc (NASDAQ: ILMN)


Illumina Inc (NASDAQ: ILMN). Meaningful negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

Illumina Inc (NASDAQ: ILMN). Significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

ILMN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a Value Builder.

Illumina has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Illumina has a poor Power Rating of 28 and a poor Appreciation Score of 16, resulting in the Lowest Value Trend Rating.

Recent Price Action

Illumina Inc (NASDAQ: ILMN) stock closed at $128.52 on 4/2/24 after a decline of -3.2%. Trading volume in this decline was normal. The stock has been weak relative to the market over the last nine months and has declined -6.4% during the last week.

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