NASDAQ:PI - IMPINJ Stock Price, Price Target & More

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

IMPINJ Inc (NASDAQ:PI) released its quarterly earnings data on Monday, May, 7th. The company reported ($0.38) EPS for the quarter, missing the consensus estimate of ($0.37) by $0.01. The firm had revenue of $25.10 million for the quarter, compared to analysts' expectations of $23.95 million. IMPINJ had a negative return on equity of 11.89% and a negative net margin of 24.95%. The company's revenue for the quarter was down 20.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.01 earnings per share. View IMPINJ's Earnings History.

IMPINJ issued an update on its second quarter earnings guidance on Monday, May, 7th. The company provided earnings per share guidance of ($0.38)-($0.30) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.33). The company issued revenue guidance of $25-27 million, compared to the consensus revenue estimate of $24.38 million.

7 brokerages have issued 1 year target prices for IMPINJ's shares. Their predictions range from $14.00 to $42.00. On average, they expect IMPINJ's share price to reach $25.00 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. View Analyst Ratings for IMPINJ.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IMPINJ in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to IMPINJ include Vicor (VICR), Varex Imaging (VREX), TT Electronics (TTGPF), Microvision (MVIS), Orbit International (ORBT), Neonode (NEON), Inrad Optics (INRD), Nortech Systems (NSYS), Integral Technologies (ITKG), Veritec (VRTC), Microwave Filter (MFCO) and Uni-Pixel (UNXLQ).

(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.

Media stories about PI stock have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. IMPINJ earned a daily sentiment score of 0.14 on Accern's scale. They also gave news articles about the company an impact score of 45.13 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

IMPINJ's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fred Alger Management Inc. (1.09%). Company insiders that own IMPINJ stock include Chris PhD Diorio, Clinton Bybee, Eric Brodersen, Evan Fein, Jeffrey Dossett, Oppen Peter H Van and Tom A Alberg. View Institutional Ownership Trends for IMPINJ.

PI stock was acquired by a variety of institutional investors in the last quarter, including Fred Alger Management Inc.. Company insiders that have bought IMPINJ stock in the last two years include Clinton Bybee, Jeffrey Dossett, Oppen Peter H Van and Tom A Alberg. View Insider Buying and Selling for 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.

One share of PI stock can currently be purchased for approximately $25.46.

IMPINJ has a market capitalization of $523.10 million and generates $125.30 million in revenue each year. The company earns $-17,320,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis. IMPINJ employs 311 workers across the globe.

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]