Log in

NASDAQ:PIIMPINJ Stock Price, Forecast & News

$27.12
+0.33 (+1.23 %)
(As of 07/3/2020 04:00 PM ET)
Add
Compare
Today's Range
$26.72
Now: $27.12
$27.64
50-Day Range
$21.94
MA: $26.42
$29.53
52-Week Range
$11.47
Now: $27.12
$40.24
Volume180,520 shs
Average Volume278,772 shs
Market Capitalization$615.08 million
P/E RatioN/A
Dividend YieldN/A
Beta2.56
Impinj, Inc. operates a platform that enables wireless connectivity for everyday items by delivering each item's unique identity, location, and authenticity to business and consumer applications. Its integrated platform connects everyday items to applications, delivering real-time information to businesses about items they create, manage, transport, and sell. The company's platform includes endpoint integrated circuits (ICs), a miniature radios-on-a-chip, which attach-to and identify their host items; and connectivity layer that comprises reader ICs and modules, readers, and gateways to wirelessly identify, locate, authenticate, and engage items, as well as provide power to and communicate bidirectionally with endpoint ICs. Its platform also consists of software layer that comprises ItemSense, a distributed operating system for its platform. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, 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.
Read More
IMPINJ logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.33 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$152.84 million
Book Value$5.66 per share

Profitability

Net Income$-22,990,000.00

Miscellaneous

Employees282
Market Cap$615.08 million
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

Receive PI News and Ratings via Email

Sign-up to receive the latest news and ratings for PI and its competitors with MarketBeat's FREE daily newsletter.

IMPINJ (NASDAQ:PI) Frequently Asked Questions

How has IMPINJ's stock been impacted by COVID-19 (Coronavirus)?

IMPINJ's stock was trading at $20.84 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PI stock has increased by 30.1% and is now trading at $27.12. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of IMPINJ?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IMPINJ in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for IMPINJ.

When is IMPINJ's next earnings date?

IMPINJ is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for IMPINJ.

How were IMPINJ's earnings last quarter?

IMPINJ Inc (NASDAQ:PI) posted its quarterly earnings results on Monday, April, 27th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of ($0.32) by $0.45. The firm earned $47.80 million during the quarter, compared to analysts' expectations of $38.37 million. IMPINJ had a negative net margin of 12.08% and a negative return on equity of 5.98%. The company's revenue for the quarter was up 44.4% compared to the same quarter last year. During the same period last year, the company posted ($0.11) EPS. View IMPINJ's earnings history.

What price target have analysts set for PI?

6 Wall Street analysts have issued 12 month target prices for IMPINJ's stock. Their forecasts range from $25.00 to $40.00. On average, they expect IMPINJ's share price to reach $32.67 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price. View analysts' price targets for IMPINJ.

Has IMPINJ been receiving favorable news coverage?

News articles about PI stock have been trending somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. IMPINJ earned a news impact score of -1.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news about IMPINJ.

Are investors shorting IMPINJ?

IMPINJ saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 3,030,000 shares, a drop of 6.8% from the May 31st total of 3,250,000 shares. Based on an average trading volume of 411,700 shares, the days-to-cover ratio is currently 7.4 days. Currently, 15.0% of the shares of the stock are short sold. View IMPINJ's Current Options Chain.

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 NVIDIA (NVDA), Alibaba Group (BABA), Baidu (BIDU), Micron Technology (MU), Shopify (SHOP), Editas Medicine (EDIT), Cisco Systems (CSCO), Inseego (INSG), Crispr Therapeutics (CRSP) and Walt Disney (DIS).

Who are IMPINJ's key executives?

IMPINJ's management team includes the following people:
  • Dr. Chris Diorio, Co-Founder, Vice Chairman & CEO (Age 57)
  • Mr. Eric Brodersen, Pres, COO & Principal Financial Officer (Age 52)
  • Mr. Jeffrey Dossett, Exec. VP of Sales & Marketing (Age 58)
  • Ms. Denise Masters, Interim VP of Accounting & Corp. Controller (Age 45)
  • Mr. Yukio Morikubo, Gen. Counsel (Age 59)

When did IMPINJ IPO?

(PI) raised $69 million in an initial public offering 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 acted as the underwriters for the IPO and Needham & Company and Canaccord Genuity were co-managers.

What is IMPINJ's stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is IMPINJ's stock price today?

One share of PI stock can currently be purchased for approximately $27.12.

How big of a company is IMPINJ?

IMPINJ has a market capitalization of $615.08 million and generates $152.84 million in revenue each year. The company earns $-22,990,000.00 in net income (profit) each year or ($1.02) 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 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]

This page was last updated on 7/4/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.