NASDAQ:PIIMPINJ Stock Price, Forecast & News

$13.81

-0.44 (-3.09 %)

(As of 04/5/2020 01:56 AM ET)

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Today's Range

$13.54

Now: $13.81▼

$14.50

50-Day Range

$12.68

MA: $23.61▼

$35.66

52-Week Range

$11.47

Now: $13.81▼

$40.24

Volume209,138 shs

Average Volume556,472 shs

Market Capitalization$307.69 million

P/E RatioN/A

Dividend YieldN/A

Beta2.54

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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
IMPINJ has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $31.50, IMPINJ has a potential upside of 128.1% from its current price of $13.81.
Amount of Analyst Coverage
IMPINJ has only been the subject of 4 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
IMPINJ has received 368 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
IMPINJ has received 308 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
IMPINJ has received 54.44% “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.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IMPINJ insiders have bought 250.06% more of their company's stock than they have sold. Specifically, they have bought $2,082,700.00 in company stock and sold $594,958.00 in company stock.
Percentage Held by Insiders
Only 28.00% of the stock of IMPINJ is held by insiders.
Percentage Held by Institutions
84.66% of the stock of IMPINJ is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for IMPINJ are expected to decrease by -19.35% in the coming year, from ($1.24) to ($1.00) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IMPINJ is -13.03, 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 -13.03, 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 2.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.01 out of 5 stars

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

Webhttp://www.impinj.com/

Phone206-517-5300

Debt

Debt-to-Equity Ratio0.56

Current Ratio9.07

Quick Ratio7.31

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 / Sales2.01

Cash FlowN/A

Price / Cash FlowN/A

Book Value$5.66 per share

Price / Book2.44

Profitability

EPS (Most Recent Fiscal Year)($1.02)

Net Income$-22,990,000.00

Net Margins-15.04%

Return on Equity-6.54%

Return on Assets-3.94%

Miscellaneous

Employees282

Outstanding Shares22,280,000

Market Cap$307.69 million

Next Earnings Date5/4/2020 (Estimated)

OptionableOptionable

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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 COVID-19 reached pandemic status according to the World Health Organization. Since then, PI stock has decreased by 33.7% and is now trading at $13.81. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of IMPINJ?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IMPINJ in the last year. There are currently 2 hold ratings and 5 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, May 4th 2020. View our earnings forecast for IMPINJ.

How were IMPINJ's earnings last quarter?

IMPINJ Inc (NASDAQ:PI) released its quarterly earnings results on Monday, March, 2nd. The company reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.01 by $0.02. The company had revenue of $40.82 million for the quarter, compared to the consensus estimate of $38.10 million. IMPINJ had a negative net margin of 15.04% and a negative return on equity of 6.54%. The company's revenue for the quarter was up 17.9% on a year-over-year basis. During the same quarter last year, the business earned ($0.09) earnings per share. View IMPINJ's earnings history.

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

IMPINJ issued an update on its first quarter earnings guidance on Monday, March, 2nd. The company provided EPS guidance of $(0.11)-0.02 for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.09). The company issued revenue guidance of $37-41 million, compared to the consensus revenue estimate of $36.05 million.

What price target have analysts set for PI?

7 Wall Street analysts have issued 12-month price targets for IMPINJ's shares. Their forecasts range from $19.00 to $40.00. On average, they expect IMPINJ's share price to reach $31.50 in the next twelve months. This suggests a possible upside of 128.1% from the stock's current price. View analysts' price targets for IMPINJ.

Has IMPINJ been receiving favorable news coverage?

News stories about PI stock have been trending very negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. IMPINJ earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutIMPINJ.

Are investors shorting IMPINJ?

IMPINJ saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 3,736,300 shares, an increase of 5.8% from the February 27th total of 3,530,000 shares. Based on an average daily volume of 815,200 shares, the short-interest ratio is presently 4.6 days. Currently, 20.0% of the company's stock are short sold. View IMPINJ's Current Options Chain.

Who are some of IMPINJ's key competitors?

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

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), Shopify (SHOP), Micron Technology (MU), Advanced Micro Devices (AMD), Baidu (BIDU), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS) and Twilio (TWLO).

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 (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.

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 $13.81.

How big of a company is IMPINJ?

IMPINJ has a market capitalization of $307.69 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. View additional information about IMPINJ.

What is IMPINJ's official website?

The official website for IMPINJ is http://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 4/5/2020 by MarketBeat.com Staff

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NASDAQ:PIIMPINJ Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.4 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage