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

$13.45 -0.85 (-5.94 %)

(As of 04/19/2018 04:00 PM ET)

Previous Close$13.45

Today's Range$13.36 - $14.26

52-Week Range$9.95 - $60.85

Volume482,553 shs

Average Volume927,965 shs

Market Capitalization$293.12 million

P/E Ratio-46.38

Dividend YieldN/A

Beta1.54

About IMPINJ (NASDAQ:PI)

Impinj, Inc. operates a platform that enables wireless connectivity to everyday items by delivering each item's unique identity, location, and authenticity to business and consumer applications. The company's platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach-to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Its platform also consists of software layer that comprises ItemSense, an operating system for platform. In addition, the company's platform connects everyday items, such as apparel, medical supplies, automobile parts, drivers' licenses, food, and luggage to consumer and business applications, including inventory management, patient safety, asset tracking, and item authentication, as well as delivers real-time information to businesses about items they create, manage, transport, and sell. It primarily serves retail, healthcare, supply chain and logistics, airline, automotive, industrial and manufacturing, consumer experience, 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.

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Industry, Sector and Symbol

Industry Electronic components, not elsewhere classified

Sub-IndustryN/A

SectorComputer and Technology

SymbolNASDAQ:PI

CUSIPN/A

Webwww.impinj.com

Phone206-517-5300

Debt

Debt-to-Equity Ratio0.05%

Current Ratio6.52%

Quick Ratio4.15%

Price-To-Earnings

Trailing P/E Ratio-46.38

Forward P/E Ratio-9.82

P/E GrowthN/A

Sales & Book Value

Annual Sales$125.30 million

Price / Sales2.29

Cash FlowN/A

Price / CashN/A

Book Value$5.68 per share

Price / Book2.37

Profitability

EPS (Most Recent Fiscal Year)($0.29)

Net Income$-17,320,000.00

Net Margins-13.82%

Return on Equity-6.01%

Return on Assets-4.62%

Miscellaneous

Employees311

Outstanding Shares21,320,000

How to Become a New Pot Stock Millionaire

IMPINJ (NASDAQ:PI) Frequently Asked Questions

What is IMPINJ's stock symbol?

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

How were IMPINJ's earnings last quarter?

IMPINJ Inc (NASDAQ:PI) released its quarterly earnings results on Thursday, February, 15th. The company reported ($0.28) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.19) by $0.09. The firm had revenue of $26.90 million for the quarter, compared to analyst estimates of $29.50 million. IMPINJ had a negative net margin of 13.82% and a negative return on equity of 6.01%. The firm's quarterly revenue was down 20.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.11 EPS. View IMPINJ's Earnings History.

When is IMPINJ's next earnings date?

IMPINJ is scheduled to release their next quarterly earnings announcement on Wednesday, May, 2nd 2018. View Earnings Estimates for IMPINJ.

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

IMPINJ issued an update on its first quarter earnings guidance on Thursday, February, 15th. The company provided earnings per share (EPS) guidance of ($0.42-0.35) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.34). The company issued revenue guidance of $23.25-25.25 million, compared to the consensus revenue estimate of $21.22 million.

What price target have analysts set for PI?

7 brokers have issued 12-month price objectives for IMPINJ's shares. Their predictions range from $14.00 to $42.00. On average, they anticipate IMPINJ's share price to reach $24.1667 in the next twelve months. View Analyst Ratings for IMPINJ.

What are Wall Street analysts saying about IMPINJ stock?

Here are some recent quotes from research analysts about IMPINJ stock:

1. According to Zacks Investment Research, "Impinj, Inc. is a provider of referral and information network radio frequency identification solutions to the retail, pharmaceutical, healthcare, food and beverage and other industries. The company's products include Indy Reader Chips which consists of integrated radio chips and supporting SDKs; Monza Tag Chips, which deliver memory options and extended features to RFID tags and Speedway fixed RFID readers and antennas for RFID-based information. Impinj, Inc. is based in Seattle, Washington. " (4/19/2018)
2. Morgan Stanley analysts commented, "higher burden" on estimate revisions for future gains, the analyst argued. In fact, this multiple expansion now implies investors are better off finding better "opportunities to put new money to work."Math Behind The Price TargetThe analyst's $51 price target is based on a 5.5x EV/S multiple on 2018's estimates which represents an increase from his prior estimate of 4.2x. The higher multiple is justified based on how the company screens favorably versus semiconductor and software comps.Impinj is expected to grow sales at a 28-percent compounded annual growth rate through 2018, which is above the 20 percent median for growth semi comps, Hettenbach continued. The stock is also trading at a 5.8x EV to 2018 sales, also above fast-growing semiconductor peers at 4.0x, SMID cap software companies at 4.7x, and Russell 2000 companies that have an expected CAR of over 25 percent at 5.0x.Finally, investors who still insist on buying the stock may find better opportunities to do so in the future given the volatile nature of small-cap stocks.Bottom line, the analyst is bullish on the company's prospects and leadership position but investors should "want to be disciplined on valuation." (6/19/2017)

Who are some of IMPINJ's key competitors?

Some companies that are related to IMPINJ include Mistras Group (MG), Control4 (CTRL), Bandwidth (BAND), Photronics (PLAB), The Vitec Group (VTC), VASCO Data Security International (VDSI), XO Group (XOXO), Synchronoss Technologies (SNCR), Materialise (MTLS), Unisys (UIS), Applied Optoelectronics (AAOI), TechTarget (TTGT), Ribbon Communications (RBBN), Aquantia (AQ), Emis Group (EMIS), Model N (MODN), QuinStreet (QNST) and MobileIron (MOBL).

Who are IMPINJ's key executives?

IMPINJ's management team includes the folowing people:

Dr. Chris Diorio Ph.D., Co-Founder, Vice Chairman & CEO (Age 56)
Mr. Eric Brodersen, Pres and Chief Operating Officer (Age 51)
Mr. Evan Fein, Chief Financial Officer (Age 46)
Mr. Yukio Morikubo, Gen. Counsel (Age 58)
Ms. Gaylene Meyer, Sr. Director of Communications

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.

Has IMPINJ been receiving favorable news coverage?

News coverage about PI stock has been trending somewhat positive on Thursday, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. IMPINJ earned a media sentiment score of 0.07 on Accern's scale. They also gave news articles about the company an impact score of 45.75 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are IMPINJ's major shareholders?

IMPINJ's stock is owned by a variety of of retail and institutional investors. Top institutional investors include SYLEBRA HK COMPANY LTD (18.60%). 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.

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, Scottrade, Fidelity and Charles Schwab.

What is IMPINJ's stock price today?

One share of PI stock can currently be purchased for approximately $13.45.

How big of a company is IMPINJ?

IMPINJ has a market capitalization of $293.12 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.

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]

MarketBeat Community Rating for IMPINJ (PI)

Community Ranking:		3.0 out of 5 ( )
Outperform Votes:		197 (Vote Outperform)
Underperform Votes:		132 (Vote Underperform)
Total Votes:		329

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.

IMPINJ (NASDAQ:PI) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

7 Wall Street analysts have issued ratings and price targets for IMPINJ in the last 12 months. Their average twelve-month price target is $24.1667, suggesting that the stock has a possible upside of 79.68%. The high price target for PI is $42.00 and the low price target for PI is $14.00. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Hold	Hold	Buy	Buy
Consensus Rating Score:	2.14	2.14	2.57	2.71
Ratings Breakdown:	0 Sell Rating(s) 6 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 6 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 3 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 5 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$24.1667	$24.1667	$35.80	$50.6667
Price Target Upside:	79.68% upside	79.95% upside	53.12% upside	21.77% upside

IMPINJ (NASDAQ:PI) Consensus Price Target History

Price Target History for IMPINJ (NASDAQ:PI)

IMPINJ (NASDAQ:PI) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
2/16/2018	Canaccord Genuity	Reiterated Rating	Hold		High
2/6/2018	Piper Jaffray	Upgrade	Neutral -> Overweight		Medium
2/5/2018	Morgan Stanley	Lower Price Target	Equal Weight -> Equal Weight	$27.00 -> $14.00	Low
2/2/2018	Dougherty & Co	Downgrade	Buy -> Neutral		High
2/2/2018	Needham & Company LLC	Downgrade	Buy -> Hold		High
2/2/2018	Royal Bank of Canada	Downgrade	Outperform -> Sector Perform	$17.00	High
11/3/2017	KeyCorp	Reiterated Rating	Hold		N/A
11/4/2016	Pacific Crest	Reiterated Rating	Buy	$36.00	N/A

(Data available from 4/19/2016 forward)

IMPINJ (NASDAQ:PI) Earnings History and Estimates Chart

Earnings by Quarter for IMPINJ (NASDAQ:PI)

IMPINJ (NASDAQ:PI) Earnings Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2018	1	($0.39)	($0.39)	($0.39)

IMPINJ (NASDAQ PI) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/2/2018		($0.38)					N/A
2/15/2018	Q4 2017	($0.19)	($0.28)	$29.50 million	$26.90 million	View	Listen
11/1/2017	Q3 2017	($0.04)	($0.08)	$32.58 million	$32.60 million	View	N/A
8/3/2017	Q2 2017	$0.02	$0.06	$33.41 million	$34.10 million	View	Listen
5/4/2017	Q1 2017	($0.01)	$0.01	$30.81 million	$31.70 million	View	Listen
2/16/2017	Q4 2016	$0.0860	$0.11	$32.39 million	$33.70 million	View	Listen
11/3/2016	Q3	$0.06	$0.10	$28.39 million	$31.00 million	View	Listen
9/1/2016	Q2	$0.02	$0.06	$25.31 million	$47.60 million	View	Listen

(Earnings results data provided by Zacks Investment Research)

IMPINJ (NASDAQ:PI) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

IMPINJ (NASDAQ PI) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 15.20%
Institutional Ownership Percentage: 79.37%

Insider Trading History for IMPINJ (NASDAQ:PI)

Institutional Ownership by Quarter for IMPINJ (NASDAQ:PI)

IMPINJ (NASDAQ PI) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/23/2018	Oppen Peter H Van	Director	Buy	47,773	$12.61	$602,417.53	82,455
2/21/2018	Jeffrey Dossett	EVP	Buy	8,000	$12.75	$102,000.00
1/22/2018	Evan Fein	CFO	Sell	5,700	$25.01	$142,557.00	17,500
12/1/2017	Evan Fein	CFO	Sell	3,300	$25.19	$83,127.00	15,100
11/17/2017	Eric Brodersen	Insider	Sell	5,400	$25.43	$137,322.00	78,743
11/9/2017	Clinton Bybee	Director	Buy	4,000	$24.43	$97,720.00	4,417
10/13/2017	Eric Brodersen	Insider	Sell	7,000	$36.85	$257,950.00
9/21/2017	Eric Brodersen	Insider	Sell	7,000	$39.85	$278,950.00	92,843
9/20/2017	Eric Brodersen	COO	Sell	3,500	$39.36	$137,760.00	92,843
9/1/2017	Evan Fein	CFO	Sell	9,000	$38.00	$342,000.00	15,300
8/29/2017	Eric Brodersen	Insider	Sell	7,000	$35.81	$250,670.00	101,443
8/28/2017	Eric Brodersen	COO	Sell	3,500	$35.74	$125,090.00	101,443
7/18/2017	Eric Brodersen	Insider	Sell	7,000	$53.23	$372,610.00	106,743
7/17/2017	Eric Brodersen	COO	Sell	3,500	$53.21	$186,235.00	106,743
6/16/2017	Evan Fein	CFO	Sell	10,000	$53.19	$531,900.00	21,100
6/14/2017	Eric Brodersen	Insider	Sell	7,000	$46.93	$328,510.00	115,043
6/1/2017	Evan Fein	CFO	Sell	9,000	$43.68	$393,120.00	19,000
5/22/2017	Oppen Peter H Van	Director	Sell	24,166	$44.02	$1,063,787.32	51,200
5/17/2017	Oppen Peter H Van	Director	Sell	25,000	$39.25	$981,250.00	80,595
5/5/2017	Evan Fein	CFO	Sell	10,207	$41.54	$423,998.78	18,207
5/4/2017	Eric Brodersen	Insider	Sell	7,000	$36.64	$256,480.00	119,943
4/20/2017	Eric Brodersen	Insider	Sell	10,200	$35.31	$360,162.00	131,143
3/22/2017	Eric Brodersen	Insider	Sell	5,400	$28.36	$153,144.00	136,343
2/28/2017	Eric Brodersen	Insider	Sell	5,400	$28.99	$156,546.00	141,743
12/7/2016	Chris Ph.D. Diorio	CEO	Sell	80,000	$27.00	$2,160,000.00	308,312
7/26/2016	Tom A Alberg	Director	Buy	35,714	$14.00	$499,996.00	35,714

(Data available from 1/1/2013 forward)

IMPINJ (NASDAQ PI) News Headlines

Source:

Date	Headline
	IMPINJ (PI) Upgraded at Zacks Investment Research www.americanbankingnews.com - April 19 at 9:03 AM
	IMPINJ (PI) vs. Neonode (NEON) Head to Head Comparison www.americanbankingnews.com - April 17 at 1:35 PM
	Zacks Investment Research Lowers IMPINJ (PI) to Sell www.americanbankingnews.com - April 17 at 12:40 AM
	IMPINJ (PI) Price Target Increased to $55.00 by Analysts at Needham & Company LLC www.americanbankingnews.com - April 15 at 9:29 PM
	IMPINJ Inc (PI) Receives Consensus Rating of "Hold" from Brokerages www.americanbankingnews.com - April 12 at 7:41 PM
	Impinj to Announce First Quarter 2018 Financial Results finance.yahoo.com - April 10 at 5:42 PM
	Impinj Announces Enhanced Channel Partner Program finance.yahoo.com - April 9 at 8:04 AM
	IMPINJ (PI) Raised to Strong-Buy at BidaskClub www.americanbankingnews.com - April 8 at 9:07 AM
	IMPINJ (PI) Lowered to Buy at BidaskClub www.americanbankingnews.com - April 7 at 8:19 PM
	Form 3 IMPINJ INC For: Mar 30 Filed by: MASTERS DENISE www.streetinsider.com - April 6 at 8:09 AM
	IMPINJ (PI) Upgraded by Zacks Investment Research to "Buy" www.americanbankingnews.com - April 5 at 4:38 PM
	Needham & Company LLC Trims IMPINJ (PI) Target Price to $45.00 www.americanbankingnews.com - April 4 at 8:32 PM
	IMPINJ (PI) Cut to "Hold" at BidaskClub www.americanbankingnews.com - April 2 at 10:13 AM
	Royal Bank of Canada Cuts IMPINJ (PI) Price Target to $41.00 www.americanbankingnews.com - April 2 at 8:08 AM
	Piper Jaffray Lowers IMPINJ (PI) to Neutral www.americanbankingnews.com - April 2 at 7:59 AM
	Needham & Company LLC Reiterates "Buy" Rating for IMPINJ (PI) www.americanbankingnews.com - April 1 at 11:58 PM
	IMPINJ (PI) Upgraded by Zacks Investment Research to Hold www.americanbankingnews.com - March 30 at 3:58 PM
	IBM's New Computer Is How Small? www.fool.com - March 30 at 8:06 AM
	IBM's New Computer Is How Small? finance.yahoo.com - March 30 at 8:06 AM
	Communication Equipment Stocks' Research Reports Released on Harmonic, Impinj, ARRIS, and QUALCOMM www.prnewswire.com - March 29 at 8:07 AM
	IMPINJ (PI) Downgraded by Zacks Investment Research to "Sell" www.americanbankingnews.com - March 29 at 12:00 AM
	Billionaire Dirk Ziff Triples Investment in Impinj www.barrons.com - March 27 at 5:25 PM
	[$$] Billionaire Dirk Ziff Triples Investment in Impinj finance.yahoo.com - March 27 at 5:25 PM
	Piper Jaffray Companies Upgrades IMPINJ (PI) to "Overweight" www.americanbankingnews.com - March 25 at 11:21 AM
	IMPINJ (PI) Rating Increased to Sell at BidaskClub www.americanbankingnews.com - March 24 at 3:53 PM
	Head-To-Head Review: IMPINJ (PI) versus Its Competitors www.americanbankingnews.com - March 23 at 12:48 PM
	Research Report Identifies Westinghouse Air Brake Technologies, National Western Life Group, Impinj, Ingles Markets, RCI Hospitality, and Rexahn Pharmaceuticals with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement finance.yahoo.com - March 22 at 8:09 AM
	IMPINJ (PI) vs. Its Rivals Critical Analysis www.americanbankingnews.com - March 22 at 5:20 AM
	IMPINJ Inc (PI) Given Average Rating of "Hold" by Analysts www.americanbankingnews.com - March 18 at 7:40 PM
	Analyzing IMPINJ (PI) and Pixelworks (PXLW) www.americanbankingnews.com - March 18 at 1:04 AM
	Impinj Supports Japanese Government Electronic Tag Initiative - GlobeNewswire (press release) globenewswire.com - March 16 at 8:04 AM
	Impinj Supports Japanese Government Electronic Tag Initiative finance.yahoo.com - March 16 at 8:04 AM
	AWM Investment Company Inc. Increases Stake in IMPINJ Inc (PI) www.americanbankingnews.com - March 6 at 4:44 AM
	IMPINJ Inc (PI) Position Raised by ARK Investment Management LLC www.americanbankingnews.com - February 27 at 4:24 AM
	IMPINJ Inc (PI) Director Oppen Peter H. Van Buys 47,773 Shares www.americanbankingnews.com - February 26 at 9:08 PM
	Senvest Management LLC Acquires New Stake in IMPINJ Inc (PI) www.americanbankingnews.com - February 26 at 11:36 AM
	Impinj to Present at Morgan Stanley Technology, Media and Telecom Conference - GlobeNewswire (press release) globenewswire.com - February 22 at 8:07 AM
	IMPINJ Inc (PI) EVP Acquires $102,000.00 in Stock www.americanbankingnews.com - February 21 at 9:24 PM
	Why Shares of Impinj Popped Today finance.yahoo.com - February 20 at 5:56 PM
	Impinj to Present at Morgan Stanley Technology, Media and Telecom Conference finance.yahoo.com - February 20 at 5:56 PM
	Lifshitz & Miller LLP Announces Investigation of Advance Auto Parts, Inc., Ballard Power Systems, Inc., Connecture ... - PR Newswire (press release) www.prnewswire.com - February 20 at 8:06 AM
	IMPINJ Inc to Post Q1 2018 Earnings of ($0.39) Per Share, Dougherty & Co Forecasts (PI) www.americanbankingnews.com - February 19 at 2:02 AM
	Canaccord Genuity Reaffirms "Hold" Rating for IMPINJ (PI) www.americanbankingnews.com - February 17 at 3:48 PM
	Earnings Reaction History: IMPINJ INC, 60.0% Follow-Through Indicator, 17.7% Sensitive - Nasdaq www.nasdaq.com - February 17 at 8:05 AM
	Kraft Heinz, Impinj Topple into Friday's 52-Week Low Club - 24/7 Wall St. 247wallst.com - February 17 at 8:05 AM
	Impinj -7.3% after Q4 misses, soft guidance - Seeking Alpha seekingalpha.com - February 17 at 8:05 AM
	Impinj CEO: Disappointed, but Focused on Our Vision finance.yahoo.com - February 17 at 8:05 AM
	IMPINJ (PI) Issues Earnings Results www.americanbankingnews.com - February 16 at 8:14 PM
	Impinj Implodes Again: Removal of Tag Forecast Leaves Company in Limbo finance.yahoo.com - February 16 at 5:25 PM
	Impinj's Revenue Woes Continue finance.yahoo.com - February 16 at 5:25 PM

IMPINJ (NASDAQ:PI) SEC Filings

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IMPINJ (NASDAQ:PI) Income Statement, Balance Sheet and Cash Flow Statement

IMPINJ (NASDAQ PI) Stock Chart for Thursday, April, 19, 2018

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This page was last updated on 4/19/2018 by MarketBeat.com Staff