About Impinj (NASDAQ:PI)
Impinj, Inc. is a provider of RAIN radio frequency identification (RFID) solutions. The Company sells a platform that includes endpoint integrated circuits (ICs), reader ICs, readers and gateways that enable wireless connectivity to everyday items, and software that delivers Item Intelligence from endpoint reads. The Impinj Platform connects billions of everyday items, such as apparel, medical supplies, automobile parts, drivers' licenses, food and luggage to applications, such as inventory management, patient safety, asset tracking and item authentication, delivering real-time information to businesses about items they create, manage, transport and sell. The Impinj Platform wirelessly delivers information about these items' identity, location and authenticity, or Item Intelligence, to the digital world.
Industry, Sector and Symbol
Industry RFID Systems
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$112.29 million
Price / Sales4.32
Cash Flow$0.06 per share
Price / Cash376.59
Book Value$6.27 per share
Price / Book3.70
Return on Equity-1.15%
Return on Assets-0.87%
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, November, 1st. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.04) by $0.04. The firm earned $32.60 million during the quarter, compared to analyst estimates of $32.58 million. Impinj had a negative return on equity of 1.15% and a negative net margin of 5.97%. The firm's revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.10 EPS. View Impinj's Earnings History.
When will Impinj make its next earnings announcement?
What guidance has Impinj issued on next quarter's earnings?
Impinj issued an update on its fourth quarter earnings guidance on Wednesday, November, 1st. The company provided EPS guidance of -0.24-0.16 for the period, compared to the Thomson Reuters consensus estimate of $0.01. The company issued revenue guidance of $28.25-29.75 million, compared to the consensus revenue estimate of $35.42 million.
Where is Impinj's stock going? Where will Impinj's stock price be in 2017?
7 analysts have issued 12 month price objectives for Impinj's shares. Their forecasts range from $27.00 to $42.00. On average, they anticipate Impinj's share price to reach $35.80 in the next year. View Analyst Ratings for Impinj.
What are Wall Street analysts saying about Impinj stock?
Here are some recent quotes from research analysts about Impinj stock:
- 1. According to Zacks Investment Research, "Impinj, Inc. is a provider of referral and information network radio frequency identification solutions to the retail, pharmaceutical, healthcare, food and beverage and other industries. The company's products include Indy Reader Chips which consists of integrated radio chips and supporting SDKs; Monza Tag Chips, which deliver memory options and extended features to RFID tags and Speedway fixed RFID readers and antennas for RFID-based information. Impinj, Inc. is based in Seattle, Washington. " (11/7/2017)
- 2. Morgan Stanley analysts commented, "higher burden" on estimate revisions for future gains, the analyst argued. In fact, this multiple expansion now implies investors are better off finding better "opportunities to put new money to work."Math Behind The Price TargetThe analyst's $51 price target is based on a 5.5x EV/S multiple on 2018's estimates which represents an increase from his prior estimate of 4.2x. The higher multiple is justified based on how the company screens favorably versus semiconductor and software comps.Impinj is expected to grow sales at a 28-percent compounded annual growth rate through 2018, which is above the 20 percent median for growth semi comps, Hettenbach continued. The stock is also trading at a 5.8x EV to 2018 sales, also above fast-growing semiconductor peers at 4.0x, SMID cap software companies at 4.7x, and Russell 2000 companies that have an expected CAR of over 25 percent at 5.0x.Finally, investors who still insist on buying the stock may find better opportunities to do so in the future given the volatile nature of small-cap stocks.Bottom line, the analyst is bullish on the company's prospects and leadership position but investors should "want to be disciplined on valuation." (6/19/2017)
Who are some of Impinj's key competitors?
Some companies that are related to Impinj include First Derivatives (FDP), Axcelis Technologies (ACLS), Apptio (APTI), Radware (RDWR), Deltek (PROJ), Keywords Studios (KWS), Sierra Wireless (SW), Rda Microelectronics (RDA), Ultratech (UTEK), Chipmos Technologies (IMOS), SecureWorks (SCWX), Control4 (CTRL), EZchip Semiconductor (EZCH), Computer Modelling Group (CMG), Nova Measuring Instruments (NVMI), Renren (RENN), QAD (QADA) and PC Connection (CNXN).
Who are Impinj's key executives?
Impinj's management team includes the folowing people:
- Peter Van Oppen, Chairman of the Board (Age 64)
- Eric Brodersen, President, Chief Operating Officer (Age 50)
- Chris Diorio Ph.D., Chief Executive Officer, Vice Chairman of the Board, Co-Founder (Age 55)
- Evan Fein, Chief Financial Officer (Age 45)
- John Quist, Senior Vice President - Operations (Age 50)
- Jennifer Armstrong-Owen, Vice President - People, Environment, and Culture
- Tom A. Alberg, Independent Director (Age 77)
- Clinton W. Bybee, Independent Director (Age 54)
- Gregory Sessler, Independent Director (Age 64)
- Theresa Wise, Independent Director (Age 50)
When did Impinj IPO?
(PI) raised $69 million in an initial public offering (IPO) on Thursday, July 21st 2016. The company issued 4,600,000 shares at a price of $14.00-$16.00 per share. RBC Capital Markets, Pacific Crest Securities (a division of KeyBanc Capital Markets) and Piper Jaffray acted as the underwriters for the IPO and Needham & Company and Canaccord Genuity were co-managers.
Who owns Impinj stock?
Impinj's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Gilder Gagnon Howe & Co. LLC (10.46%), Allianz Asset Management GmbH (3.70%), Hood River Capital Management LLC (3.53%), Bank of New York Mellon Corp (3.19%), Chevy Chase Trust Holdings Inc. (3.07%) and Sumitomo Mitsui Asset Management Company LTD (3.08%). Company insiders that own Impinj stock include Chris PhD Diorio, Clinton Bybee, Eric Brodersen, Evan Fein, Oppen Peter H Van and Tom A Alberg. View Institutional Ownership Trends for Impinj.
Who sold Impinj stock? Who is selling Impinj stock?
Impinj's stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Clarius Group LLC, Macquarie Group Ltd., Nationwide Fund Advisors, Tocqueville Asset Management L.P., Russell Investments Group Ltd., Sigma Planning Corp and California State Teachers Retirement System. Company insiders that have sold Impinj company stock in the last year include Eric Brodersen, Evan Fein and Oppen Peter H Van. View Insider Buying and Selling for Impinj.
Who bought Impinj stock? Who is buying Impinj stock?
Impinj's stock was bought by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Sumitomo Mitsui Asset Management Company LTD, Chevy Chase Trust Holdings Inc., Gilder Gagnon Howe & Co. LLC, Schwab Charles Investment Management Inc., Victory Capital Management Inc., Bamco Inc. NY and Neuberger Berman Group LLC. Company insiders that have bought Impinj stock in the last two years include Clinton Bybee and Tom A Alberg. View Insider Buying and Selling for Impinj.
How do I buy Impinj stock?
Shares of Impinj 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 Impinj stock can currently be purchased for approximately $23.17.
How big of a company is Impinj?
Impinj has a market capitalization of $487.91 million and generates $112.29 million in revenue each year. The company earns $-1,670,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis. Impinj employs 245 workers across the globe.
How can I contact Impinj?
Impinj's mailing address is 400 Fairview Ave N Ste 1200, SEATTLE, WA 98109-5371, United States. The company can be reached via phone at +1-206-5175300 or via email at [email protected]
MarketBeat Community Rating for Impinj (PI)MarketBeat's community ratings are surveys of what our community members think about Impinj and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Impinj (NASDAQ:PI) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.63||2.63||2.75||3.00|
|Ratings Breakdown: ||0 Sell Rating(s)|
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$35.13||$35.38||$46.25||$38.57|
|Price Target Upside: ||50.24% upside||59.13% upside||21.52% upside||13.96% downside|
Impinj (NASDAQ:PI) Consensus Price Target History
Impinj (NASDAQ:PI) Analyst Ratings History
(Data available from 12/14/2015 forward)
Impinj (NASDAQ:PI) Earnings History and Estimates Chart
Impinj (NASDAQ PI) Earnings History by Quarter
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/1/2017||Q3 2017||($0.04)||($0.08)||$32.58 million||$32.60 million||View||N/A|
|8/3/2017||Q2 2017||$0.02||$0.06||$33.41 million||$34.10 million||View||Listen|
|5/4/2017||Q1 2017||($0.01)||$0.01||$30.81 million||$31.70 million||View||Listen|
|2/16/2017||Q4 2016||$0.09||$0.11||$32.39 million||$33.70 million||View||Listen|
|11/3/2016||Q3||$0.06||$0.10||$28.39 million||$31.00 million||View||Listen|
|9/1/2016||Q2||$0.02||$0.06||$25.31 million||$47.60 million||View||Listen|
Impinj (NASDAQ:PI) Earnings Estimates
Current Year EPS Consensus Estimate: $-0.41 EPS
Next Year EPS Consensus Estimate: $-0.42 EPS
Dividend History for Impinj (NASDAQ:PI)
No dividend announcements for this company have been tracked by MarketBeat.com
Impinj (NASDAQ PI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 15.20%
Institutional Ownership Percentage: 82.95%
Impinj (NASDAQ PI) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/1/2017||Evan Fein||CFO||Sell||3,300||$25.19||$83,127.00|| |
|11/17/2017||Eric Brodersen||Insider||Sell||5,400||$25.43||$137,322.00|| |
|11/9/2017||Clinton Bybee||Director||Buy||4,000||$24.43||$97,720.00|| |
|10/13/2017||Eric Brodersen||Insider||Sell||7,000||$36.85||$257,950.00|| |
|9/21/2017||Eric Brodersen||Insider||Sell||7,000||$39.85||$278,950.00|| |
|9/20/2017||Eric Brodersen||COO||Sell||3,500||$39.36||$137,760.00|| |
|9/1/2017||Evan Fein||CFO||Sell||9,000||$38.00||$342,000.00|| |
|8/29/2017||Eric Brodersen||Insider||Sell||7,000||$35.81||$250,670.00|| |
|8/28/2017||Eric Brodersen||COO||Sell||3,500||$35.74||$125,090.00|| |
|7/18/2017||Eric Brodersen||Insider||Sell||7,000||$53.23||$372,610.00|| |
|7/17/2017||Eric Brodersen||COO||Sell||3,500||$53.21||$186,235.00|| |
|6/16/2017||Evan Fein||CFO||Sell||10,000||$53.19||$531,900.00|| |
|6/14/2017||Eric Brodersen||Insider||Sell||7,000||$46.93||$328,510.00|| |
|6/1/2017||Evan Fein||CFO||Sell||9,000||$43.68||$393,120.00|| |
|5/22/2017||Oppen Peter H Van||Director||Sell||24,166||$44.02||$1,063,787.32|| |
|5/17/2017||Oppen Peter H Van||Director||Sell||25,000||$39.25||$981,250.00|| |
|5/5/2017||Evan Fein||CFO||Sell||10,207||$41.54||$423,998.78|| |
|5/4/2017||Eric Brodersen||Insider||Sell||7,000||$36.64||$256,480.00|| |
|4/20/2017||Eric Brodersen||Insider||Sell||10,200||$35.31||$360,162.00|| |
|3/22/2017||Eric Brodersen||Insider||Sell||5,400||$28.36||$153,144.00|| |
|2/28/2017||Eric Brodersen||Insider||Sell||5,400||$28.99||$156,546.00|| |
|12/7/2016||Chris Ph.D. Diorio||CEO||Sell||80,000||$27.00||$2,160,000.00|| |
|7/26/2016||Tom A Alberg||Director||Buy||35,714||$14.00||$499,996.00|| |
Impinj (NASDAQ PI) News Headlines
|Morgan Stanley Cuts Impinj (PI) Price Target to $27.00|
www.americanbankingnews.com - December 13 at 2:40 PM
|Huge Asian IoT Push Benefitting the West's Best Tech Developers|
www.prnewswire.com - December 13 at 10:39 AM
|ETFs with exposure to Impinj, Inc. : December 12, 2017|
finance.yahoo.com - December 12 at 4:56 PM
|Aeroflex (ARX) vs. Impinj (PI) Head to Head Review|
www.americanbankingnews.com - December 12 at 3:24 AM
|Financial Contrast: Supercom (SPCB) vs. Impinj (PI)|
www.americanbankingnews.com - December 11 at 3:10 AM
|Critical Survey: Impinj (PI) versus Aeroflex (ARX)|
www.americanbankingnews.com - December 10 at 11:34 PM
|Contrasting Impinj (PI) & Supercom (SPCB)|
www.americanbankingnews.com - December 10 at 9:36 AM
|Aeroflex (ARX) versus Impinj (PI) Critical Contrast|
www.americanbankingnews.com - December 10 at 5:22 AM
|Impinj, Inc. (PI) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - December 8 at 9:36 PM
|Impinj, Inc. :PI-US: Earnings Analysis: Q3, 2017 By the Numbers : December 8, 2017|
finance.yahoo.com - December 8 at 10:15 AM
|How Impinj, Inc. Stock Fell 25.4% in November - Motley Fool|
www.fool.com - December 7 at 10:40 AM
|Head to Head Analysis: Supercom (SPCB) & Impinj (PI)|
www.americanbankingnews.com - December 6 at 11:31 PM
|How Impinj, Inc. Stock Fell 25.4% in November|
finance.yahoo.com - December 6 at 4:40 PM
|Analyzing Impinj (PI) and Supercom (SPCB)|
www.americanbankingnews.com - December 6 at 3:08 PM
|Implied Volatility Surging for Impinj (PI) Stock Options|
finance.yahoo.com - December 6 at 10:34 AM
|Insider Selling: Impinj, Inc. (PI) CFO Sells 3,300 Shares of Stock|
www.americanbankingnews.com - December 5 at 7:34 PM
|Head-To-Head Review: Supercom (SPCB) & Impinj (PI)|
www.americanbankingnews.com - December 4 at 3:18 PM
|Increased IoT Integration in Appliances and Household Electronics Boosts Potential for Entire Sector|
www.bizjournals.com - December 4 at 10:17 AM
|Analyzing Impinj (PI) & Aeroflex (ARX)|
www.americanbankingnews.com - December 4 at 5:36 AM
|Head to Head Analysis: Impinj (PI) and Aeroflex (ARX)|
www.americanbankingnews.com - December 2 at 7:42 PM
|Impinj (PI) & Aeroflex (ARX) Head-To-Head Analysis|
www.americanbankingnews.com - December 1 at 5:12 PM
|Contrasting SuperCom (SPCB) and Impinj (PI)|
www.americanbankingnews.com - November 28 at 3:08 PM
|Financial Contrast: Impinj (PI) & SuperCom (SPCB)|
www.americanbankingnews.com - November 27 at 3:46 AM
|Analyzing SuperCom (SPCB) and Impinj (PI)|
www.americanbankingnews.com - November 25 at 5:10 PM
|Head to Head Survey: SuperCom (SPCB) & Impinj (PI)|
www.americanbankingnews.com - November 25 at 11:32 AM
|SuperCom (SPCB) versus Impinj (PI) Financial Comparison|
www.americanbankingnews.com - November 24 at 7:20 PM
|Hartline Investment Corp Buys Baidu Inc, Impinj Inc, DowDuPont Inc, Sells EI ... - Nasdaq|
www.nasdaq.com - November 22 at 6:42 AM
|Impinj, Inc. (PI) Insider Sells $137,322.00 in Stock|
www.americanbankingnews.com - November 20 at 7:56 PM
|Head-To-Head Survey: Impinj (PI) & Aeroflex Holding Corp (ARX)|
www.americanbankingnews.com - November 19 at 5:34 PM
|Reviewing Aeroflex Holding Corp (ARX) and Impinj (PI)|
www.americanbankingnews.com - November 17 at 7:14 PM
|Critical Analysis: Aeroflex Holding Corp (ARX) vs. Impinj (PI)|
www.americanbankingnews.com - November 15 at 7:32 PM
|Pi Kappa Phi shuts down Florida State chapter after pledge's death - USA TODAY|
www.usatoday.com - November 12 at 11:43 AM
|Options Traders Expect Huge Moves in Impinj (PI) Stock - Nasdaq|
www.nasdaq.com - November 7 at 8:46 AM
|Impinj's Growth Slows to a Crawl|
www.nasdaq.com - November 4 at 5:30 AM
|Impinj's Growth Slows to a Crawl|
finance.yahoo.com - November 4 at 5:30 AM
|Impinj reports 1Q loss|
marketbeat.com - May 4 at 7:57 PM
Impinj (NASDAQ:PI) SEC Filings
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Impinj (NASDAQ:PI) Income Statement, Balance Sheet and Cash Flow Statement
Impinj (NASDAQ PI) Stock Chart for Thursday, December, 14, 2017