PI - Impinj Stock Price, News & Analysis

$26.17 1.17 (4.68 %)
(As of 11/22/2017 04:00 PM ET)
Previous Close$25.00
Today's Range$25.10 - $26.84
52-Week Range$19.97 - $60.85
Volume597,522 shs
Average Volume756,973 shs
Market Capitalization$548.48 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About Impinj (NASDAQ:PI)

Impinj logoImpinj, Inc. is a provider of RAIN radio frequency identification (RFID) solutions. The Company sells a platform that includes endpoint integrated circuits (ICs), reader ICs, readers and gateways that enable wireless connectivity to everyday items, and software that delivers Item Intelligence from endpoint reads. The Impinj Platform connects billions of everyday items, such as apparel, medical supplies, automobile parts, drivers' licenses, food and luggage to applications, such as inventory management, patient safety, asset tracking and item authentication, delivering real-time information to businesses about items they create, manage, transport and sell. The Impinj Platform wirelessly delivers information about these items' identity, location and authenticity, or Item Intelligence, to the digital world.


Industry, Sector and Symbol:
  • Industry: RFID Systems
  • Sub-Industry: N/A
  • Sector: Technology
  • Symbol: NASDAQ:PI
  • Previous Symbol: NYSE:PI
  • CUSIP: N/A
  • Web: www.impinj.com
Debt:
  • Debt-to-Equity Ratio: 0.06%
  • Current Ratio: 7.49%
  • Quick Ratio: 4.97%
Sales & Book Value:
  • Annual Sales: $112.29 million
  • Price / Sales: 4.88
  • Cash Flow: $0.06 per share
  • Price / Cash: 406.39
  • Book Value: $5.99 per share
  • Price / Book: 4.37
Profitability:
  • Trailing EPS: ($0.38)
  • Net Income: $-1,670,000.00
  • Net Margins: -5.97%
  • Return on Equity: -1.15%
  • Return on Assets: -0.87%
Misc:
  • Employees: 245
  • Outstanding Shares: 20,960,000
 

Frequently Asked Questions for Impinj (NASDAQ:PI)

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) announced its earnings results on Wednesday, November, 1st. The company reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by $0.04. The firm earned $32.60 million during the quarter, compared to analyst estimates of $32.58 million. Impinj had a negative net margin of 5.97% and a negative return on equity of 1.15%. Impinj's revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the business earned $0.10 earnings per share. View Impinj's Earnings History.

When will Impinj make its next earnings announcement?

Impinj is scheduled to release their next quarterly earnings announcement on Wednesday, February, 14th 2018. View Earnings Estimates for Impinj.

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

Impinj updated its fourth quarter earnings guidance on Wednesday, November, 1st. The company provided EPS guidance of -0.24-0.16 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.01. The company issued revenue guidance of $28.25-29.75 million, compared to the consensus revenue estimate of $35.42 million.

Where is Impinj's stock going? Where will Impinj's stock price be in 2017?

7 Wall Street analysts have issued 12-month price objectives for Impinj's shares. Their forecasts range from $29.00 to $42.00. On average, they anticipate Impinj's share price to reach $36.20 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. " (11/7/2017)
  • 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?

Who are Impinj's key executives?

Impinj's management team includes the folowing people:

  • Peter Van Oppen, Chairman of the Board (Age 64)
  • Eric Brodersen, President, Chief Operating Officer (Age 50)
  • Chris Diorio Ph.D., Chief Executive Officer, Vice Chairman of the Board, Co-Founder (Age 55)
  • Evan Fein, Chief Financial Officer (Age 45)
  • John Quist, Senior Vice President - Operations (Age 50)
  • Jennifer Armstrong-Owen, Vice President - People, Environment, and Culture
  • Tom A. Alberg, Independent Director (Age 77)
  • Clinton W. Bybee, Independent Director (Age 54)
  • Gregory Sessler, Independent Director (Age 64)
  • Theresa Wise, Independent Director (Age 50)

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 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.

Who owns Impinj stock?

Impinj's stock is owned by a number of of institutional and retail investors. Top institutional investors include Gilder Gagnon Howe & Co. LLC (10.46%), Allianz Asset Management GmbH (3.70%), Hood River Capital Management LLC (3.53%), Bank of New York Mellon Corp (3.19%), Chevy Chase Trust Holdings Inc. (3.07%) and Sumitomo Mitsui Asset Management Company LTD (3.08%). Company insiders that own Impinj stock include Chris PhD Diorio, Clinton Bybee, Eric Brodersen, Evan Fein, Oppen Peter H Van and Tom A Alberg. View Institutional Ownership Trends for Impinj.

Who sold Impinj stock? Who is selling Impinj stock?

Impinj's stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Clarius Group LLC, Macquarie Group Ltd., Nationwide Fund Advisors, Tocqueville Asset Management L.P., Russell Investments Group Ltd., Sigma Planning Corp and California State Teachers Retirement System. Company insiders that have sold Impinj company stock in the last year include Chris PhD Diorio, Eric Brodersen, Evan Fein and Oppen Peter H Van. View Insider Buying and Selling for Impinj.

Who bought Impinj stock? Who is buying Impinj stock?

Impinj's stock was purchased by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Sumitomo Mitsui Asset Management Company LTD, Chevy Chase Trust Holdings Inc., Gilder Gagnon Howe & Co. LLC, Schwab Charles Investment Management Inc., Victory Capital Management Inc., Bamco Inc. NY and Neuberger Berman Group LLC. Company insiders that have bought Impinj stock in the last two years include Clinton Bybee and Tom A Alberg. View Insider Buying and Selling for Impinj.

How do I buy Impinj stock?

Shares of Impinj 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 Impinj stock can currently be purchased for approximately $26.17.

How big of a company is Impinj?

Impinj has a market capitalization of $548.48 million and generates $112.29 million in revenue each year. The company earns $-1,670,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis. Impinj employs 245 workers across the globe.

How can I contact Impinj?

Impinj's mailing address is 400 Fairview Ave N Ste 1200, SEATTLE, WA 98109-5371, United States. The company can be reached via phone at +1-206-5175300 or via email at [email protected]


MarketBeat Community Rating for Impinj (PI)

Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  166 (Vote Outperform)
Underperform Votes:  81 (Vote Underperform)
Total Votes:  247
MarketBeat's community ratings are surveys of what our community members think about Impinj and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Impinj (NASDAQ:PI)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 3 Hold Ratings, 4 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $36.20 (38.33% upside)

Consensus Price Target History for Impinj (NASDAQ:PI)

Price Target History for Impinj (NASDAQ:PI)

Analysts' Ratings History for Impinj (NASDAQ:PI)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/3/2017KeyCorpReiterated RatingHoldN/AView Rating Details
11/2/2017Dougherty & CoLower Price TargetBuy$62.00 -> $42.00N/AView Rating Details
11/2/2017Morgan StanleyLower Price TargetEqual Weight$37.00 -> $29.00N/AView Rating Details
11/2/2017Needham & Company LLCReiterated RatingBuy -> Buy$45.00 -> $34.00N/AView Rating Details
11/2/2017Canaccord GenuityReiterated RatingBuy$50.00 -> $35.00N/AView Rating Details
11/2/2017Piper Jaffray CompaniesDowngradeOverweight -> NeutralN/AView Rating Details
11/2/2017Royal Bank Of CanadaLower Price TargetOutperform -> Outperform$50.00 -> $41.00N/AView Rating Details
11/4/2016Pacific CrestReiterated RatingBuy$36.00N/AView Rating Details
(Data available from 11/22/2015 forward)

Earnings

Earnings History and Estimates Chart for Impinj (NASDAQ:PI)

Earnings by Quarter for Impinj (NASDAQ:PI)

Earnings History by Quarter for Impinj (NASDAQ PI)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/14/2018($0.21)N/AView Earnings Details
11/1/2017Q3 2017($0.04)($0.08)$32.58 million$32.60 millionViewN/AView Earnings Details
8/3/2017Q2 2017$0.02$0.06$33.41 million$34.10 millionViewListenView Earnings Details
5/4/2017Q1 2017($0.01)$0.01$30.81 million$31.70 millionViewListenView Earnings Details
2/16/2017Q4 2016$0.09$0.11$32.39 million$33.70 millionViewListenView Earnings Details
11/3/2016Q3$0.06$0.10$28.39 million$31.00 millionViewListenView Earnings Details
9/1/2016Q2$0.02$0.06$25.31 million$47.60 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Impinj (NASDAQ:PI)
Current Year EPS Consensus Estimate: $-0.31 EPS
Next Year EPS Consensus Estimate: $-0.42 EPS

Dividends

Dividend History for Impinj (NASDAQ:PI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Impinj (NASDAQ PI)

Insider Ownership Percentage: 15.20%
Institutional Ownership Percentage: 74.47%
Insider Trades by Quarter for Impinj (NASDAQ:PI)
Institutional Ownership by Quarter for Impinj (NASDAQ:PI)

Insider Trades by Quarter for Impinj (NASDAQ PI)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/17/2017Eric BrodersenInsiderSell5,400$25.43$137,322.00View SEC Filing  
11/9/2017Clinton BybeeDirectorBuy4,000$24.43$97,720.00View SEC Filing  
10/13/2017Eric BrodersenInsiderSell7,000$36.85$257,950.00View SEC Filing  
9/21/2017Eric BrodersenInsiderSell7,000$39.85$278,950.00View SEC Filing  
9/20/2017Eric BrodersenCOOSell3,500$39.36$137,760.00View SEC Filing  
9/1/2017Evan FeinCFOSell9,000$38.00$342,000.00View SEC Filing  
8/29/2017Eric BrodersenInsiderSell7,000$35.81$250,670.00View SEC Filing  
8/28/2017Eric BrodersenCOOSell3,500$35.74$125,090.00View SEC Filing  
7/18/2017Eric BrodersenInsiderSell7,000$53.23$372,610.00View SEC Filing  
7/17/2017Eric BrodersenCOOSell3,500$53.21$186,235.00View SEC Filing  
6/16/2017Evan FeinCFOSell10,000$53.19$531,900.00View SEC Filing  
6/14/2017Eric BrodersenInsiderSell7,000$46.93$328,510.00View SEC Filing  
6/1/2017Evan FeinCFOSell9,000$43.68$393,120.00View SEC Filing  
5/22/2017Oppen Peter H VanDirectorSell24,166$44.02$1,063,787.32View SEC Filing  
5/17/2017Oppen Peter H VanDirectorSell25,000$39.25$981,250.00View SEC Filing  
5/5/2017Evan FeinCFOSell10,207$41.54$423,998.78View SEC Filing  
5/4/2017Eric BrodersenInsiderSell7,000$36.64$256,480.00View SEC Filing  
4/20/2017Eric BrodersenInsiderSell10,200$35.31$360,162.00View SEC Filing  
3/22/2017Eric BrodersenInsiderSell5,400$28.36$153,144.00View SEC Filing  
2/28/2017Eric BrodersenInsiderSell5,400$28.99$156,546.00View SEC Filing  
12/7/2016Chris Ph.D. DiorioCEOSell80,000$27.00$2,160,000.00View SEC Filing  
7/26/2016Tom A AlbergDirectorBuy35,714$14.00$499,996.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Impinj (NASDAQ PI)

Source:
DateHeadline
Hartline Investment Corp Buys Baidu Inc, Impinj Inc, DowDuPont Inc, Sells EI ... - NasdaqHartline Investment Corp Buys Baidu Inc, Impinj Inc, DowDuPont Inc, Sells EI ... - Nasdaq
www.nasdaq.com - November 22 at 6:42 AM
Impinj, Inc. (PI) Insider Sells $137,322.00 in StockImpinj, Inc. (PI) Insider Sells $137,322.00 in Stock
www.americanbankingnews.com - November 20 at 7:56 PM
Head-To-Head Survey: Impinj (PI) & Aeroflex Holding Corp (ARX)Head-To-Head Survey: Impinj (PI) & Aeroflex Holding Corp (ARX)
www.americanbankingnews.com - November 19 at 5:34 PM
Reviewing Aeroflex Holding Corp (ARX) and Impinj (PI)Reviewing Aeroflex Holding Corp (ARX) and Impinj (PI)
www.americanbankingnews.com - November 17 at 7:14 PM
Critical Analysis: Aeroflex Holding Corp (ARX) vs. Impinj (PI)Critical Analysis: Aeroflex Holding Corp (ARX) vs. Impinj (PI)
www.americanbankingnews.com - November 15 at 7:32 PM
Pi Kappa Phi shuts down Florida State chapter after pledges death - USA TODAYPi Kappa Phi shuts down Florida State chapter after pledge's death - USA TODAY
www.usatoday.com - November 12 at 11:43 AM
Options Traders Expect Huge Moves in Impinj (PI) Stock - NasdaqOptions Traders Expect Huge Moves in Impinj (PI) Stock - Nasdaq
www.nasdaq.com - November 7 at 8:46 AM
Impinjs Growth Slows to a CrawlImpinj's Growth Slows to a Crawl
www.nasdaq.com - November 4 at 5:30 AM
Impinj's Growth Slows to a CrawlImpinj's Growth Slows to a Crawl
finance.yahoo.com - November 4 at 5:30 AM
Impinj reports 1Q lossImpinj reports 1Q loss
marketbeat.com - May 4 at 7:57 PM

Social Media

Financials

Chart

Impinj (NASDAQ PI) Chart for Wednesday, November, 22, 2017
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This page was last updated on 11/22/2017 by MarketBeat.com Staff

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