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

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

IMPINJ Inc (NASDAQ:PI) issued its quarterly earnings results on Monday, May, 7th. The company reported ($0.38) EPS for the quarter, missing analysts' consensus estimates of ($0.37) by $0.01. The business earned $25.10 million during the quarter, compared to analysts' expectations of $23.95 million. IMPINJ had a negative net margin of 24.95% and a negative return on equity of 11.89%. The company's revenue for the quarter was down 20.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.01 EPS. View IMPINJ's Earnings History.

IMPINJ issued an update on its second quarter earnings guidance on Monday, May, 7th. The company provided earnings per share (EPS) guidance of ($0.38)-($0.30) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.33). The company issued revenue guidance of $25-27 million, compared to the consensus revenue estimate of $24.38 million.

7 equities research analysts have issued 1 year target prices for IMPINJ's stock. Their forecasts range from $14.00 to $42.00. On average, they anticipate IMPINJ's stock price to reach $23.8333 in the next twelve months. View Analyst Ratings for IMPINJ.

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

(PI) raised $69 million in an initial public offering 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.

News stories about PI stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. IMPINJ earned a news sentiment score of 0.11 on Accern's scale. They also assigned news coverage about the company an impact score of 46.03 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

IMPINJ's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Sylebra HK Co Ltd (19.83%), Neuberger Berman Group LLC (2.24%), UBS Group AG (1.12%), Millennium Management LLC (0.88%), Barclays PLC (0.51%) and Scout Investments Inc. (0.42%). 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.

PI stock was sold by a variety of institutional investors in the last quarter, including Senvest Management LLC, Royal Bank of Canada and New York State Common Retirement Fund. 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 Neuberger Berman Group LLC, Sylebra HK Co Ltd, Millennium Management LLC, Barclays PLC, Carillon Tower Advisers Inc., UBS Group AG, Engineers Gate Manager LP and Wexford Capital LP. Company insiders that have bought IMPINJ stock in the last two years include Clinton Bybee, Jeffrey Dossett, Oppen Peter H Van and Tom A Alberg. 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 $23.00.

IMPINJ has a market capitalization of $488.47 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.

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]