NASDAQ:PI

Impinj Stock Forecast, Price & News

$54.82

-1.96 (-3.45 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$53.88

Now: $54.82▼

$56.36

50-Day Range

$35.48

MA: $43.09▼

$56.78

52-Week Range

$11.47

Now: $54.82▼

$58.50

Volume188,849 shs

Average Volume429,545 shs

Market Capitalization$1.27 billion

P/E RatioN/A

Dividend YieldN/A

Beta2.24

Impinj, Inc. operates a platform that enables wireless connectivity to various everyday items 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 that attach-to and identify their host items; and connectivity products that comprise 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 offerings that include ItemSense, a system software that comprises enterprise-class RAIN deployment management, software-defined algorithms for transition detection, and APIs that enable application developers to build powerful IoT solutions. 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.

MarketRank^™

Overall MarketRank^™

1.62 out of 5 stars

Computer And Technology Sector

223rd out of 1,259 stocks

Electronic Components, Not Elsewhere Classified Industry

4th out of 20 stocks

1.3 Analyst's Opinion

Consensus Rating
Impinj has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $39.00, Impinj has a forecasted downside of 28.9% from its current price of $54.82.
Amount of Analyst Coverage
Impinj has only been the subject of 4 research reports in the past 90 days.

2.8 Community Rank

Outperform Votes
Impinj has received 395 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Impinj has received 318 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Impinj has received 55.40% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Impinj does not currently pay a dividend.
Dividend Growth
Impinj does not have a long track record of dividend growth.

3.3 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Impinj insiders have bought 545.71% more of their company's stock than they have sold. Specifically, they have bought $12,179,290.00 in company stock and sold $1,886,172.00 in company stock.
Percentage Held by Insiders
Only 25.70% of the stock of Impinj is held by insiders.
Percentage Held by Institutions
82.66% of the stock of Impinj is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Impinj are expected to grow in the coming year, from ($1.57) to ($1.43) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Impinj is -36.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Impinj is -36.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Impinj has a P/B Ratio of 9.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Electronic components, not elsewhere classified

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:PI

Previous SymbolNYSE:PI

CUSIPN/A

CIK1114995

Webwww.impinj.com

Phone206-517-5300

Employees272

Debt

Debt-to-Equity Ratio0.45

Current Ratio7.17

Quick Ratio5.65

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$152.84 million

Price / Sales8.28

Cash FlowN/A

Price / Cash FlowN/A

Book Value$5.66 per share

Price / Book9.69

Profitability

EPS (Most Recent Fiscal Year)($1.02)

Net Income$-22,990,000.00

Net Margins-21.57%

Return on Equity-14.90%

Return on Assets-8.70%

Miscellaneous

Outstanding Shares23,087,000

Market Cap$1.27 billion

Next Earnings Date3/1/2021 (Estimated)

OptionableOptionable

$54.82

-1.96 (-3.45 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Impinj (NASDAQ:PI) Frequently Asked Questions

How has Impinj's stock been impacted by COVID-19?

Impinj's stock was trading at $20.84 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PI shares have increased by 163.1% and is now trading at $54.82.
View which stocks have been most impacted by COVID-19.

Is Impinj a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Impinj in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Impinj stock.
View analyst ratings for Impinj or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Impinj?

Wall Street analysts have given Impinj a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Impinj wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Impinj's next earnings date?

Impinj is scheduled to release its next quarterly earnings announcement on Monday, March 1st 2021.
View our earnings forecast for Impinj.

How were Impinj's earnings last quarter?

Impinj, Inc. (NASDAQ:PI) announced its quarterly earnings data on Wednesday, October, 28th. The company reported ($0.29) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.32) by $0.03. The firm had revenue of $28.20 million for the quarter, compared to analysts' expectations of $24.90 million. Impinj had a negative return on equity of 14.90% and a negative net margin of 21.57%.
View Impinj's earnings history.

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

Impinj updated its fourth quarter 2020 IntraDay earnings guidance on Monday, January, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $36 million, compared to the consensus revenue estimate of $27.76 million.

What price target have analysts set for PI?

6 Wall Street analysts have issued twelve-month price objectives for Impinj's shares. Their forecasts range from $30.00 to $53.00. On average, they anticipate Impinj's stock price to reach $39.00 in the next twelve months. This suggests that the stock has a possible downside of 28.9%.
View analysts' price targets for Impinj or view Wall Street analyst' top-rated stocks.

Who are some of Impinj's key competitors?

Some companies that are related to Impinj include Advanced Energy Industries (AEIS), Vicor (VICR), MicroVision (MVIS), Varex Imaging (VREX), TT Electronics (TTGPF), Neonode (NEON), DPW (DPW), The LGL Group (LGL), Espey Mfg. & Electronics (ESP), Bonso Electronics International (BNSO), Nortech Systems (NSYS), Orbit International (ORBT), Inrad Optics (INRD), Microwave Filter (MFCO) and Veritec (VRTC).
View all of PI's 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), JD.com (JD), Editas Medicine (EDIT), Square (SQ), Inseego (INSG), Micron Technology (MU), Marvell Technology Group (MRVL) and Shopify (SHOP).

Who are Impinj's key executives?

Impinj's management team includes the following people:

Dr. Chris Diorio, Co-Founder, Vice Chairman & CEO (Age 58, Pay $376.89k)
Mr. Jeffrey Dossett, Chief Revenue Officer (Age 59, Pay $541.4k)
Mr. Cary L. Baker, Chief Financial Officer (Age 43)
Mr. John Quist, Sr. VP of Operations (Age 58)
Ms. Denise Masters, Interim VP of Accounting & Corp. Controller (Age 46)
Mr. Yukio Morikubo, Gen. Counsel (Age 60)
Jill West, Sr. Director of Marketing Communications
Mr. Hussein Mecklai, Exec. VP of Engineering

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 served 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."

Who are Impinj's major shareholders?

Impinj's stock is owned by a variety of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.54%), Axel Capital Management LLC (0.17%), Clarius Group LLC (0.16%) and XR Securities LLC (0.02%). Company insiders that own Impinj stock include Cary Baker, Chris PhD Diorio, Daniel Patrick Gibson, Denise Masters, Eric Brodersen, Gregory Sessler, Jeffrey Dossett, Oppen Peter H Van, Sylebra Capital Ltd and Tom A Alberg.
View institutional ownership trends for Impinj.

Which institutional investors are buying Impinj stock?

PI stock was purchased by a variety of institutional investors in the last quarter, including Axel Capital Management LLC, XR Securities LLC, Clarius Group LLC, and Scout Investments Inc.. Company insiders that have bought Impinj stock in the last two years include Cary Baker, Daniel Patrick Gibson, and Sylebra Capital Ltd.
View insider buying and selling activity for Impinj or or view top insider-buying stocks.

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 WeBull, 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 $54.82.

How big of a company is Impinj?

Impinj has a market capitalization of $1.27 billion 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 272 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 1/16/2021 by MarketBeat.com Staff

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