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

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

IMPINJ Inc (NASDAQ:PI) released its quarterly earnings results on Monday, October, 29th. The company reported ($0.05) EPS for the quarter, beating the Zacks' consensus estimate of ($0.14) by $0.09. The firm had revenue of $34.40 million for the quarter, compared to analyst estimates of $33.47 million. IMPINJ had a negative net margin of 33.58% and a negative return on equity of 20.18%. The company's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.08) earnings per share. 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 earnings per share (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 analysts have issued twelve-month target prices for IMPINJ's shares. Their forecasts range from $14.00 to $31.00. On average, they anticipate IMPINJ's stock price to reach $19.75 in the next year. This suggests a possible upside of 15.0% 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.

Headlines about PI stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, 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 news articles about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future.

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 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 acted 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 retail and institutional 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 purchased 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 $17.17.

IMPINJ has a market capitalization of $374.94 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]