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

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

IMPINJ Inc (NASDAQ:PI) posted its quarterly earnings data on Monday, October, 29th. The company reported ($0.05) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.14) by $0.09. The company earned $34.40 million during the quarter, compared to analyst estimates of $33.47 million. IMPINJ had a negative return on equity of 20.18% and a negative net margin of 33.58%. The firm's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the company earned ($0.08) EPS. View IMPINJ's Earnings History.

IMPINJ is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for IMPINJ.

IMPINJ updated its fourth quarter earnings guidance on Monday, October, 29th. The company provided EPS guidance of ($0.17)-($0.10) for the period, compared to the Thomson Reuters consensus estimate of ($0.13). The company issued revenue guidance of $31-$33 million, compared to the consensus revenue estimate of $32.78 million.IMPINJ also updated its Q4 2018 guidance to $-0.17--0.1 EPS.

6 brokers have issued twelve-month price targets for IMPINJ's shares. Their predictions range from $14.00 to $31.00. On average, they expect IMPINJ's stock price to reach $19.75 in the next year. This suggests a possible upside of 22.1% from the stock's current price. View Analyst Price Targets for IMPINJ.

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

News coverage about PI stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. IMPINJ earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the stock's share price in the near term.

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

(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.

IMPINJ's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.24%), Gilder Gagnon Howe & Co. LLC (3.53%), Vanguard Group Inc (3.16%), Vanguard Group Inc. (3.16%), Neuberger Berman Group LLC (2.11%) and AWM Investment Company Inc. (1.77%). Company insiders that own IMPINJ stock include Clinton Bybee, 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 AWM Investment Company Inc., Morgan Stanley, Vanguard Group Inc., Vanguard Group Inc, BlackRock Inc., SCP Investment LP, Gilder Gagnon Howe & Co. LLC and Chevy Chase Trust Holdings Inc.. Company insiders that have sold IMPINJ company stock in the last year include Eric Brodersen and Evan Fein. View Insider Buying and Selling for IMPINJ.

PI stock was acquired by a variety of institutional investors in the last quarter, including Symmetry Peak Management LLC, Cornerstone Wealth Management LLC, Essex Investment Management Co. LLC, Dynamic Technology Lab Private Ltd, Mirae Asset Global Investments Co. Ltd., Paloma Partners Management Co, SOL Capital Management CO and MetLife Investment Advisors LLC. 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 $16.17.

IMPINJ has a market capitalization of $368.72 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.

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]