NASDAQ:PI - IMPINJ Stock Price, News, & Analysis

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$18.24 +0.21 (+1.16 %)
(As of 03/21/2019 08:47 AM ET)
Previous Close$18.03
Today's Range$17.8943 - $18.53
52-Week Range$11.57 - $28.48
Volume94,210 shs
Average Volume220,214 shs
Market Capitalization$391.98 million
P/E Ratio-26.82
Dividend YieldN/A
Beta2.26
Impinj, Inc. operates a platform that enables wireless connectivity to everyday items by delivering each item's unique identity, location, and authenticity to business and consumer applications. The company's platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach-to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Its platform also consists of software layer that comprises ItemSense, an operating system for platform. In addition, the company's platform connects everyday items, such as apparel, medical supplies, automobile parts, drivers' licenses, food, and luggage to consumer and business applications, including inventory management, patient safety, asset tracking, and item authentication, as well as delivers real-time information to businesses about items they create, manage, transport, and sell. It primarily serves retail, healthcare, supply chain and logistics, airline, automotive, industrial and manufacturing, consumer experience, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Impinj, Inc. was founded in 2000 and is headquartered in Seattle, Washington.

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Industry, Sector and Symbol

Industry Electronic components, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone206-517-5300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$122.63 million
Book Value$4.56 per share

Profitability

Net Income$-35,230,000.00

Miscellaneous

Employees282
Market Cap$391.98 million
Next Earnings Date5/6/2019 (Estimated)
OptionableOptionable

IMPINJ (NASDAQ:PI) Frequently Asked Questions

What is IMPINJ's stock symbol?

IMPINJ trades on the NASDAQ under the ticker symbol "PI."

How were IMPINJ's earnings last quarter?

IMPINJ Inc (NASDAQ:PI) issued its quarterly earnings results on Wednesday, February, 20th. The company reported ($0.09) EPS for the quarter, beating the Zacks' consensus estimate of ($0.14) by $0.05. The business had revenue of $34.60 million for the quarter, compared to analysts' expectations of $32 million. IMPINJ had a negative net margin of 28.73% and a negative return on equity of 17.42%. The business's quarterly revenue was up 28.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.28) earnings per share. View IMPINJ's Earnings History.

When is IMPINJ's next earnings date?

IMPINJ is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for IMPINJ.

What guidance has IMPINJ issued on next quarter's earnings?

IMPINJ updated its first quarter earnings guidance on Wednesday, February, 20th. The company provided earnings per share guidance of (0.29-0.22) for the period, compared to the Thomson Reuters consensus estimate of ($0.16). The company issued revenue guidance of $30-32 million, compared to the consensus revenue estimate of $30.88 million.IMPINJ also updated its Q1 2019 guidance to $-0.29--0.22 EPS.

What price target have analysts set for PI?

3 brokers have issued twelve-month price objectives for IMPINJ's stock. Their forecasts range from $17.00 to $31.00. On average, they anticipate IMPINJ's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 31.6% from the stock's current price. View Analyst Price Targets for IMPINJ.

What is the consensus analysts' recommendation for IMPINJ?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IMPINJ in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for IMPINJ.

Has IMPINJ been receiving favorable news coverage?

News coverage about PI stock has been trending negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. IMPINJ earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the near term.

Who are some of IMPINJ's key competitors?

What other stocks do shareholders of IMPINJ own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IMPINJ investors own include Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Shopify (SHOP), Netflix (NFLX), Tesla (TSLA), Alphabet (GOOG), Square (SQ) and Paypal (PYPL).

Who are IMPINJ's key executives?

IMPINJ's management team includes the folowing people:
  • Dr. Chris Diorio, Co-Founder, Vice Chairman & CEO (Age 57)
  • Mr. Eric Brodersen, Pres, COO & Principal Financial Officer (Age 52)
  • Ms. Denise Masters, Interim VP of Accounting & Corp. Controller (Age 45)
  • Mr. Yukio Morikubo, Gen. Counsel (Age 59)
  • Ms. Gaylene Meyer, Sr. Director Global Marketing & Communications

When did IMPINJ IPO?

(PI) raised $69 million in an IPO on Thursday, July 21st 2016. The company issued 4,600,000 shares at $14.00-$16.00 per share. RBC Capital Markets, Pacific Crest Securities (a division of KeyBanc Capital Markets) and Piper Jaffray served as the underwriters for the IPO and Needham & Company and Canaccord Genuity were co-managers.

Who are IMPINJ's major shareholders?

IMPINJ's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.30%), Toronado Partners LLC (2.88%), D. E. Shaw & Co. Inc. (1.66%), Northern Trust Corp (0.91%), Geode Capital Management LLC (0.84%) and Geode Capital Management LLC (0.84%). Company insiders that own IMPINJ stock include Clinton Bybee, Eric Brodersen, Evan Fein, Jeffrey Dossett and Oppen Peter H Van. View Institutional Ownership Trends for IMPINJ.

Which major investors are selling IMPINJ stock?

PI stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Northern Trust Corp, Geode Capital Management LLC, Geode Capital Management LLC, MetLife Investment Advisors LLC, Macguire Cheswick & Tuttle Investment Counsel LLC, Bank of New York Mellon Corp and Baker Avenue Asset Management LP. View Insider Buying and Selling for IMPINJ.

Which major investors are buying IMPINJ stock?

PI stock was purchased by a variety of institutional investors in the last quarter, including Toronado Partners LLC, 361 Capital LLC, D. E. Shaw & Co. Inc., Virtu Financial LLC, BlackRock Inc., Barclays PLC, Rhumbline Advisers and Two Sigma Investments LP. Company insiders that have bought IMPINJ stock in the last two years include Clinton Bybee, Jeffrey Dossett and Oppen Peter H Van. View Insider Buying and Selling for IMPINJ.

How do I buy shares of IMPINJ?

Shares of PI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is IMPINJ's stock price today?

One share of PI stock can currently be purchased for approximately $18.24.

How big of a company is IMPINJ?

IMPINJ has a market capitalization of $391.98 million and generates $122.63 million in revenue each year. The company earns $-35,230,000.00 in net income (profit) each year or ($0.68) on an earnings per share basis. IMPINJ employs 282 workers across the globe.

What is IMPINJ's official website?

The official website for IMPINJ is http://www.impinj.com.

How can I contact IMPINJ?

IMPINJ's mailing address is 400 FAIRVIEW AVENUE NORTH SUITE 1200, SEATTLE WA, 98109. The company can be reached via phone at 206-517-5300 or via email at [email protected]


MarketBeat Community Rating for IMPINJ (NASDAQ PI)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  286 (Vote Outperform)
Underperform Votes:  228 (Vote Underperform)
Total Votes:  514
MarketBeat's community ratings are surveys of what our community members think about IMPINJ and other stocks. Vote "Outperform" if you believe PI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/21/2019 by MarketBeat.com Staff

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