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

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

IMPINJ Inc (NASDAQ:PI) issued its earnings results on Monday, April, 29th. The company reported ($0.11) EPS for the quarter, topping the consensus estimate of ($0.26) by $0.15. The firm earned $33.10 million during the quarter, compared to analysts' expectations of $31.08 million. IMPINJ had a negative return on equity of 12.32% and a negative net margin of 21.33%. IMPINJ's quarterly revenue was up 31.9% compared to the same quarter last year. During the same period last year, the business earned ($0.38) earnings per share. View IMPINJ's Earnings History.

IMPINJ is scheduled to release their next quarterly earnings announcement on Wednesday, September 11th 2019. View Earnings Estimates for IMPINJ.

IMPINJ issued an update on its second quarter earnings guidance on Monday, April, 29th. The company provided EPS guidance of ($0.11)-($0.04) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.19). The company issued revenue guidance of $34-$36 million, compared to the consensus revenue estimate of $33.01 million.IMPINJ also updated its Q2 2019 guidance to $-0.11--0.04 EPS.

4 Wall Street analysts have issued 12-month target prices for IMPINJ's stock. Their forecasts range from $27.00 to $35.00. On average, they anticipate IMPINJ's stock price to reach $31.3333 in the next year. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for IMPINJ.

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

Media headlines about PI stock have been trending somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. IMPINJ earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days.

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

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

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

IMPINJ's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.22%), Toronado Partners LLC (4.67%), Oxford Asset Management LLP (3.35%), Neuberger Berman Group LLC (2.08%), Northern Trust Corp (0.93%) and Geode Capital Management LLC (0.85%). Company insiders that own IMPINJ stock include Chris PhD Diorio, Clinton Bybee, Denise Masters, Eric Brodersen, Evan Fein, Jeffrey Dossett and Oppen Peter H Van. View Institutional Ownership Trends for IMPINJ.

PI stock was sold by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Morgan Stanley, JPMorgan Chase & Co., BlackRock Inc., Scout Investments Inc., Taylor Frigon Capital Management LLC and California State Teachers Retirement System. Company insiders that have sold IMPINJ company stock in the last year include Chris PhD Diorio, Denise Masters and Eric Brodersen. View Insider Buying and Selling for IMPINJ.

PI stock was purchased by a variety of institutional investors in the last quarter, including Toronado Partners LLC, Oxford Asset Management LLP, Essex Investment Management Co. LLC, Spark Investment Management LLC, Moloney Securities Asset Management LLC, K.J. Harrison & Partners Inc, Trellus Management Company LLC and Rehmann Capital Advisory Group. 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.

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 $25.07.

IMPINJ has a market capitalization of $542.19 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.

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

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]