These fundamental indicators attest to how well Illumina utilizes its assets to generate profit and value for its shareholders. DNB Asset Management AS grew its stake in Illumina, Inc. (NASDAQ:ILMN) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. Illumina offered $1.2 billion, the equivalent of $8 a share, in an all-cash transaction. Illumina’s products include a wide range of sequencing, genotyping, gene expression, molecular diagnostic platforms, consumables, and services. And with a price-to-earnings ratio of about 43, the shares are trading close to their lowest level since 2018. Before getting to why Illumina shares are looking attractive, we should add a bit of background on the failed Pacific Biosciences deal. But in our experience, buying the right stocks can give your wealth a significant boost. Global microbiome sequencing market is expected to rise to an … If you have the patience, it has the potential to illuminate your portfolio. San Diego, CA 92122 Agilent Technologies. Next-generation sequencing, the business of Illumina, means sequencing genomes at a high speed and a low cost. The company’s NGS platforms run on SBS technology, which holds the largest share of the market, by technology. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. United States. Stock analysis for Illumina Inc (ILMN:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Last week’s leap in new jobless claims was likely a ‘fluke’ due to seasonal adjustment issues: Economist. Illumina, Inc., F. Hoffmann-La Roche Ltd., and Thermo Fisher Scientific Inc., to Account for the Largest Market Share in Terms of Revenue Illumina, Inc., F. Hoffmann-La Roche Ltd., and Thermo Fisher Scientific Inc.,are estimated to acquire leading position in this market owing to their diversified product portfolio, strong geographical presence, and strategic partnerships. Illumina's market cap was around $42.9 billion at the time of writing, which is March 2019. Let's see the steps now! The company's revenue was down 12.5% on a year-over-year basis. DNA sequencing giant Illumina (NASDAQ:ILMN) started 2020 off with what many might consider disappointing news, announcing that it had dropped the planned acquisition of Pacific Biosciences (NASDAQ:PACB). Though recent news is positive, the growth forecast for 2020 isn't wowing investors, and the company's agreement with Roche, the launch of two new sequencing systems -- the NextSeq 1000 and NextSeq 2000 -- and even growth in the oncology market will take time. Press release - HTF Market Intelligence Consulting Pvt. For Illumina profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Illumina to generate income relative to revenue, assets, operating costs, and current equity. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Illumina, Inc. acquired the top position in the market owing to the increasing sales of its products. PerkinElmer. Illumina and its smaller rival both sell devices to sequence genomes. Both the UK Competition Market Authority and … By Data Bridge Market Research on January 18, 2021 . With Illumina stock trading at $403.54 per share, the total value of Illumina stock (market capitalization) is $58.92B. On CNBC's "Fast Money Final Trades," Jeff Mills said Illumina, Inc. ILMN 1.43% is a global leader in DNA sequencing with 70% share of the market. Illumina. By a twist of fate, she started her career writing about biotech in Boston and discovered that each company is the source of many fascinating stories. He … Returns as of 01/24/2021. Their devices read genetic material, and the results can be used in various areas of research including the identification of genetic links to disease. In terms of … Wall Street's average price target means about 15% upside from the current price. But recent news should give investors reason to take a look at Illumina shares. When she’s not analyzing companies, she can be found writing fiction or trying to speak French as well as her 9-year-old daughter. The global next-generation sequencing market for clinical oncology alone is set to grow at a compound annual growth rate of more than 13% to reach $1.5 billion by 2025, according to Grand View Research. ET by MarketWatch Automation PerkinElmer Inc. stock rises Tuesday, still underperforms market During the same period last year, the company earned $1.93 earnings per share. Oxford Nanopore Technologies. Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. Illumina, Inc. (ILMN) … Market Share. With that market share figure looking good, let's move along to more of the positives. Furthermore, Illumina i… Illumina dropped the deal after regulatory agencies cited concerns, saying the operation would create a monopoly. Global Microbiome Sequencing Market Industry Trends, Size, Share, Growth Applications, SWOT Analysis by Top Key Players and Forecast Report to 2026| Cosmosid Inc; Illumina, Inc.; Metabiomics Corp.; Oxford Nanopore Technologies; BaseClear B.V.; BGI. The short-read and long-read technologies are complementary, suited for different applications, instead of directly competing for the same projects. ILLUMINA, INC. : Forcasts, revenue, earnings, analysts expectations, ratios for ILLUMINA, INC. Stock | ILMN | One reason concerns the price of the acquisition. Others: Global DNA Next Generation Sequencing Market Report Scope: Research Report offers a forecast for the global DNA Next Generation Sequencing market between 2019 and 2026. Illumina CEO Francis deSouza said that at the moment most clinical oncology revenue is coming from testing, but in the years to come, screening and monitoring may represent "potentially much larger opportunities.". Novo Gene. Adria Cimino grew up with her nose in a book and a love of storytelling. Qiagen. Earnings Announcement for Period Ending Q4/2020. If you had invested in Illumina stock at $19.59, your return over the last 20 years would have been 1,960.45%, for an annualized return of 16.33%. Prior to joining The Fool as a contract writer focused on healthcare and consumer goods, Adria covered the stock market for Bloomberg News in Paris. On average, equities analysts predict that Illumina, Inc. will post 4.39 earnings per share for the current fiscal year. WuXi AppTec. Illumina won't necessarily bring great gains quickly, but it is a stock that is worth holding on to for the long term thanks to its position in the market and future growth opportunities. In the announcement, Illumina and Roche said they would collaborate to boost the adoption of sequencing-based tests in oncology. While maintaining that Illumina stock is greatly overvalued, Waterhouse, the Morningstar analyst, said the company continues to perform well, with an estimated market share of 75 percent. Roche. Over the past three years, Illumina has launched several products in the market. The good news here is investors will likely find various attractive entry points to Illumina this year. For Illumina profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Illumina to generate income relative to revenue, assets, operating costs, and current equity. In November 2017, Illumina announced the l… Touch device users, explore by touch or with swipe gestures. The news is actually not all that bad for Illumina. BGI. Considering the possibilities in the oncology market, Illumina's recent deal with fellow biotech stock Roche offers more good news. As part of this example you might want to get reminded of what you are considering investing in though. Zooming in, the stock is up a respectable 5.3% in the last year. Canada markets close in 3 hours 4 minutes. Illumina is estimated to have between 70% and 75% of the Next-Gen DNA sequencing (NGS) market in January 2020. Macrogen. 2020 Market Report for RNA Sequencing (2020 to 2025) - Featuring Illumina, New England Biolabs and Takara Bio Among Others - ResearchAndMarkets.com December 15, 2020 04:37 AM Eastern Standard Time DNA Sequencing Market Size, Share & Industry Analysis, By Type (Instruments, Reagents & Consumables, Workflow Products, Services), By Technology (Next Generation DNA Sequencing, Sanger Sequencing), By Application (Research & Clinical Trials, Others) By End-User (Biotechnology & Pharmaceutical Industries, Diagnostic Centers, Hospitals & Clinics), and Regional Forecast 2019-2026 Illumina had a return on equity of 15.93% and a net margin of 19.70%. The company expects revenue growth in the range of 9% to 11% for the 2020 fiscal year and forecasts non-GAAP (adjusted) earnings per share of $6.80 to $7.00, up slightly from this year's $6.57. Illumina Inc s' competitors and its Market Share by segment - CSIMarket Illumina, Inc. write a review All of this doesn't mean that Illumina is a good company or a bad one. Illumina fundamental comparison: Shares Outstanding vs Market Capitalization. The firm owned 20,322 shares of the life sciences company’s stock after purchasing an additional 153 shares during the period. According to Morningstar, Illumina holds an estimated 70% share of the sequencing market. @themotleyfool #stocks $ILMN $RHHBY $PACB, 3 Unstoppable Stocks To Buy Before or After the Election, Why Illumina's Q3 Results Were Better Than They Might Seem, Illumina Inc (ILMN) Q3 2020 Earnings Call Transcript, The 1 Stock Most Likely to Win From a Potentially Game-Changing Coronavirus Discovery, Copyright, Trademark and Patent Information. STOCKS DRIFT NEAR RECORDS AS BIDEN PREPARES MORE PANDEMIC MEASURES . See our latest analysis for Illumina . As for earnings, as mentioned above, the company stumbled in the second quarter, but the fourth quarter showed that things are back on track. Results of these efforts won't happen overnight. This EPS growth is slower than the share price growth of 21% per year, over the same period. Berry Genomics. Earnings Per Share Attributable to Illumina Stockholders: Years Ended Dollars in millions, except per share amounts December 31, 2017 January 1, 2017 January 3, 2016 December 28, 2014 December 29, 2013 December 30, 2012 GAAP earnings per share attributable to Illumina stockholders - diluted $ … Illumina Inc. stock rises Tuesday, outperforms market Jan. 19, 2021 at 5:26 p.m. Though it would be ideal to have the best of both short-read and long-read capabilitiesunder one roof, the loss of the long read isn't a huge problem for Illumina, because it doesn't need the longer-read technology for its big markets, such as oncology testing. Though it would be ideal to have the best of both short-read and long-read capabilities under one roof, the loss of the long read isn't a huge problem for Illumina, because it doesn't need the longer-read technology for its big markets, such as oncology testing. With the shares down 38% so far, now appears to be one of them. Pacific Biosciences. S&P/TSX 17,885.09-129.82 (-0.72%) S&P 500 3,848.34-3.51 (-0.09%) DOW 31,138.52-49.86 (-0.16%) MARKETS LIVE BLOG. And oncology is a growing and promising area for the company. Market data powered by FactSet and Web Financial Group. Illumina stock was originally listed at a price of $19.59 in Jul 28, 2000. Thermo Fisher. Over half a decade, Illumina managed to grow its earnings per share at 4.1% a year. In its recent earnings call, Illumina said oncology makes up 20% of its total sequencing consumables, which include items like test kits, and this segment grew some unspecified amount faster than the 20% growth in total clinical consumables, to an overall $830 million, in 2019. . For example, the Illumina, Inc. (NASDAQ:ILMN) share price is up 88% in the last five years, slightly above the market return. Illumina reported a 10% increase in revenue to $953 million and a more than 28% increase in non-GAAP earnings per share of $1.70, surpassing analysts' estimates. Illumina BeadChip. That followed a lackluster year for Illumina's shares, which took a 19% hit in July  as the company reported lower-than-expected revenue in the second quarter. When autocomplete results are available use up and down arrows to review and enter to select. Find the latest Illumina, Inc. (ILMN) stock quote, history, news and other vital information to help you with your stock trading and investing. Read Illumina BeadChip customer reviews, learn about the product’s features, and compare to competitors in the Other Data Management Software market Ltd. - mRNA Sequencing Market Size, Status and Forecast to 2025: Agilent Technologies, Roche, GE Healthcare, Illumina - … Furthermore, Illumina is developing long-read technology in-house, and it's already a leader in the overall sequencing field. Before it's here, it's on the Bloomberg Terminal. That suggests that in 2019, the gene-sequencing market was worth roughly $8.9bn, and given Illumina's revenues in 2019 were $3.54bn, the company's share of the total market was ~40%. Illumina BeadChip market share in the Datanyze Universe. For companies with multiple common share classes, market capitalization includes both classes. The short-read and long-read technologies are complementary, suited for different applications, instead of directly competing for the same projects. Global Cell Analysis Market (2020 to 2027) - Featuring Danaher, Illumina & Merck Among Others - ResearchAndMarkets.com January 14, 2021 08:43 AM Eastern Standard Time. Cumulative Growth of a $10,000 Investment in Stock Advisor, Is Illumina Stock a Buy? 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