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ILMN - Illumina

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by StockJock-e, Apr 18, 2016.

  1. StockJock-e

    StockJock-e Brew Master
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    Illumina, Inc. provides sequencing and array-based solutions for genetic analysis. The company's sequencing by synthesis technology provides researchers with various applications and the ability to sequence mammalian genomes. It also offers arrays for a range of deoxyribonucleic acid and RNA analysis applications, including single nucleotide polymorphism genotyping, copy number variations analysis, gene expression analysis, and methylation analysis, as well as allow for the detection of known genetic markers on a single array. In addition, the company provides various library preparation and sequencing kits to simplify workflows and accelerate analysis; and genome sequencing, genotyping, and non-invasive prenatal testing services. It serves genomic research centers, academic institutions, government laboratories, and hospitals, as well as pharmaceutical, biotechnology, agrigenomics, commercial molecular diagnostic laboratories, and consumer genomics companies. The company markets and distributes its products directly to customers in North America, Europe, Latin America, and the Asia-Pacific region, as well as through life-science distributors. Illumina, Inc. was founded in 1998 and is headquartered in San Diego, California.

    [​IMG]
     
  2. StockJock-e

    StockJock-e Brew Master
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    Earnings smacking the stock down hard -17% to $146.50

    SAN DIEGO--(BUSINESS WIRE)--


    Illumina, Inc. (ILMN) today announced estimated first quarter revenue of approximately $572 million, a 6% increase compared to $539 million in the first quarter of 2015 and 7% growth on a constant currency basis. This estimate, which is unaudited, is based on management's preliminary financial analysis.
     
  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Weekly chart:
    [​IMG]
    There might be a trendline support ~140. ILMN tagged 140 in after hours, see if it retreats back there tomorrow in regular hours and look for an entry if that holds. If 140 does not hold then 130 is the ultimate support (200-week average is there too).

    Personally I don't believe much in this company. They do good science. But their work is only for scientists, and government has cut support for that. If regular people used their product, then sales wouldn't stagnate so badly. How many people do you know who have been sequenced?

    Still though, people like something with lots of promises, and science is the new religion.
     
  4. StockJock-e

    StockJock-e Brew Master
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    Blasphemy!

    May entropy have mercy on your soul!
     
  5. StockJock-e

    StockJock-e Brew Master
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    And more downside!

    -24% to 134.88
     
  6. T0rm3nted

    T0rm3nted Moderator
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    Reported after close yesterday (5/3/16)
    Earnings: EPS $0.71 Revenue $571.8M
    Estimates: EPS $0.74 Revenue $577.8M

    Down 4.83% pre-market
     
  7. Tiptopptrader

    Tiptopptrader Well-Known Member

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    ILMN Stumbles Over Q3 Sales Update

    upload_2016-10-11_6-46-53.png
     
  8. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Man, if 130 gives way...

    [​IMG]

    Might not be anyone to catch this until 80...a value around 60 would not be out of the question, compared to someone like...[edit: compared to someone like TMO]
     
    #8 anotherdevilsadvocate, Dec 1, 2016
    Last edited: Dec 1, 2016
    T0rm3nted likes this.
  9. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Since these guys usually pre-announce earnings when they're bad...since they haven't pre-announced anything yet, are we to presume that earnings are actually good?
     
  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    The downtrend resistance is real
    [​IMG]

    Trump budget (as it currently stands) cuts 20% from NIH.
     
  11. EcoWOLFrb

    EcoWOLFrb New Member

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    Such a pretty pop. Very glad I held this. Thinking 192 will be new support.
     
  12. StockJock-e

    StockJock-e Brew Master
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    Nicely done!
     
    EcoWOLFrb likes this.
  13. StockCockpit.com

    StockCockpit.com New Member

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    Illumina Inc ILMN Bullish

    Illumina Inc MACD Signal turned bullish last week, after 2 weeks with bearish MACD Signal.
    Since January 2017, Illumina Inc has been in uptrend and has keept the price above MA200 since January. Only a few times Illumina have been testing MA50 line, which indicate, that Illumina inc is still in uptrend.
    [​IMG]
     
  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Once again, these guys did NOT pre-report bad results -- they always pre-report results when they are bad -- so we can rest assured that the results are good. And Deutsche Bank comes out very positive just the day before ER, they didn't even wait one more day.

    • Dan Leonard, Deutsche Bank's research analyst, upgraded Illumina, Inc. (NASDAQ: ILMN) from Hold to Buy and increased its 12-month price target from $195 to $250.

      The analyst is optimistic due to positive newsflow in the clinical markets, which should cause higher enthusiasm about the total addressable market among investors.

      He applied 10.5 multiple to his 12 months ended September 2019 revenue estimate, to come up with the price target of $250. Investors have historically paid 10.5 times revenue when they had positive expectations about the total addressable market opportunity for next-generation sequencing. Leonard thinks positive expectations over the next 12 months are likely, and he believes the stock is going higher.

      The demand for NovaSeq could improve the results of the company going forward, said the analyst. He added that Illumina addressed all the issues for the fast NovaSeq adoption. If the NovaSeq revenue materializes in 2018 instead of in 2019, there would be a 300-bps improvement of the Wall Street's 2018 revenue growth forecast. Leonard believes the upward revision of guidance after the second-quarter earnings results is a bullish sign. He also sees improved sales trends for the company.

      Leonard believes investors are right to be concerned about market over capacity, but he thinks the demand for sequencing should grow as costs continue to fall.
     
    T0rm3nted likes this.
  15. MiguelHammond10

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    Illumina upgraded by Deutsche Bank AG to buy.
     
  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Always pre-reports numbers when they are bad...
    2 1/2 weeks ahead of the scheduled ER, they announce a revenue miss. Down -18% after hours.
     
    Begotti likes this.
  17. Begotti

    Begotti New Member

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  18. T0rm3nted

    T0rm3nted Moderator
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    So you're saying, in the future, we should short this 3-4 weeks before Earnings, then a few days before earnings, we can go long because we know they'll have good earnings? Sounds like a plan!
     
  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    I would probably skip the shorting part, for this stock (depends how well it bounces back here). Wait for a week before ER, then rest easy.
     

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