IMPINJ Company Profile (NYSE:PI)

About IMPINJ (NYSE: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:
  • Sector: Technology
  • Industry: RFID Systems
  • Sub-Industry: N/A
  • Symbol: NYSE:PI
  • CUSIP: N/A
  • Web: https://www.impinj.com/
Capitalization:
  • Market Cap: $729.06 million
  • Outstanding Shares: 20,860,000
Average Prices:
  • 50 Day Moving Avg: $38.39
  • 200 Day Moving Avg: $38.39
  • 52 Week Range: $23.55 - $60.85
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 139.80
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $130.51 million
  • Price / Sales: 5.59
  • Book Value: $6.06 per share
  • Price / Book: 5.77
Profitability:
  • EBITDA: $1.58 million
  • Net Margins: -2.86%
  • Return on Equity: -3.11%
  • Return on Assets: -2.34%
Misc:
  • Average Volume: 481,386 shs.
  • Short Ratio: 7.31
 

Frequently Asked Questions for IMPINJ (NYSE:PI)

What is IMPINJ's stock symbol?

IMPINJ trades on the New York Stock Exchange (NYSE) under the ticker symbol "PI."

How were IMPINJ's earnings last quarter?

IMPINJ Inc (NYSE:PI) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. The company earned $34.10 million during the quarter, compared to analyst estimates of $33.41 million. IMPINJ had a negative net margin of 2.86% and a negative return on equity of 3.11%. The firm's revenue for the quarter was up 31.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.06 EPS. View IMPINJ's Earnings History.

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

IMPINJ updated its third quarter earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of ($0.08)-(0.01) for the period, compared to the Thomson Reuters consensus EPS estimate of $0.08. The company issued revenue guidance of $31.75-33.25 million, compared to the consensus revenue estimate of $37.69 million.

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

7 brokers have issued 1 year price targets for IMPINJ's stock. Their forecasts range from $36.00 to $62.00. On average, they anticipate IMPINJ's stock price to reach $50.67 in the next year. View Analyst Ratings for IMPINJ.

What are 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. " (10/11/2017)
  • 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
  • Eric Brodersen, President, Chief Operating Officer
  • Chris Diorio Ph.D., Chief Executive Officer, Vice Chairman of the Board, Co-Founder
  • Evan Fein, Chief Financial Officer
  • John Quist, Senior Vice President - Operations
  • Jennifer Armstrong-Owen, Vice President - People, Environment, and Culture
  • Tom A. Alberg, Independent Director
  • Clinton W. Bybee, Independent Director
  • Gregory Sessler, Independent Director
  • Theresa Wise, Independent Director

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.

Who owns IMPINJ stock?

IMPINJ's stock is owned by a number of of retail and institutional investors. Top institutional investors include ICE POND LANE ADVISERS, LLC (4.80%), Trellus Management Company LLC (0.07%) and Pier 88 Investment Partners LLC (0.04%). Company insiders that own IMPINJ stock include Chris PhD Diorio, Eric Brodersen, Evan Fein, Oppen Peter H Van and Tom A Alberg. View Institutional Ownership Trends for IMPINJ.

Who bought IMPINJ stock? Who is buying IMPINJ stock?

IMPINJ's stock was acquired by a variety of institutional investors in the last quarter, including Trellus Management Company LLC and Pier 88 Investment Partners LLC. 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 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 $34.95.


MarketBeat Community Rating for IMPINJ (NYSE PI)
Community Ranking:  3.5 out of 5 (star star star half star)
Outperform Votes:  152 (Vote Outperform)
Underperform Votes:  67 (Vote Underperform)
Total Votes:  219
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

Consensus Ratings for IMPINJ (NYSE:PI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $50.67 (44.97% upside)
Consensus Price Target History for IMPINJ (NYSE:PI)
Price Target History for IMPINJ (NYSE:PI)
Analysts' Ratings History for IMPINJ (NYSE:PI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/29/2017Royal Bank Of CanadaReiterated RatingBuyLowView Rating Details
9/14/2017Dougherty & CoReiterated RatingBuy$62.00LowView Rating Details
8/23/2017KeyCorpReiterated RatingHoldHighView Rating Details
8/4/2017Canaccord GenuityReiterated RatingBuy$57.00 -> $50.00HighView Rating Details
7/26/2017Needham & Company LLCBoost Price TargetBuy -> Buy$40.00 -> $55.00LowView Rating Details
6/19/2017Morgan StanleyDowngradeOverweight -> Equal Weight$40.00 -> $51.00MediumView Rating Details
11/4/2016Pacific CrestReiterated RatingBuy$36.00N/AView Rating Details
9/1/2016Piper Jaffray CompaniesBoost Price TargetOverweight$24.00 -> $30.00N/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for IMPINJ (NYSE:PI)
Earnings by Quarter for IMPINJ (NYSE:PI)
Earnings History by Quarter for IMPINJ (NYSE PI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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 (NYSE:PI)
2018 EPS Consensus Estimate: $0.15
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181($0.05)($0.05)($0.05)
Q2 20181$0.05$0.05$0.05
Q3 20181$0.06$0.06$0.06
Q4 20181$0.09$0.09$0.09
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for IMPINJ (NYSE:PI)
Insider Trades by Quarter for IMPINJ (NYSE:PI)
Institutional Ownership by Quarter for IMPINJ (NYSE:PI)
Insider Trades by Quarter for IMPINJ (NYSE:PI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Headline Trends for IMPINJ (NYSE:PI)
Latest Headlines for IMPINJ (NYSE:PI)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Impinj, Inc. : October 20, 2017
finance.yahoo.com - October 21 at 8:11 AM
finance.yahoo.com logoEdited Transcript of PI earnings conference call or presentation 4-May-17 9:00pm GMT
finance.yahoo.com - October 20 at 7:31 AM
americanbankingnews.com logoIMPINJ Inc (PI) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - October 19 at 8:46 PM
americanbankingnews.com logoIMPINJ Inc (PI) Insider Eric Brodersen Sells 7,000 Shares
www.americanbankingnews.com - October 16 at 7:40 PM
americanbankingnews.com logoZacks Investment Research Lowers IMPINJ Inc (PI) to Sell
www.americanbankingnews.com - October 15 at 10:56 PM
thestreet.com logoCommit To Purchase Impinj At $25, Earn 15.2% Using Options - TheStreet.com
www.thestreet.com - October 14 at 6:48 AM
finance.yahoo.com logoImpinj Announces ItemSense Software to Enhance Enterprise-Class RAIN RFID System Management
finance.yahoo.com - October 11 at 6:36 AM
finance.yahoo.com logoImpinj, Inc. – Value Analysis (NASDAQ:PI) : October 10, 2017
finance.yahoo.com - October 11 at 6:36 AM
finance.yahoo.com logoImpinj, Inc. breached its 50 day moving average in a Bearish Manner : PI-US : October 9, 2017
finance.yahoo.com - October 10 at 5:49 AM
finance.yahoo.com logoETFs with exposure to Impinj, Inc. : October 9, 2017
finance.yahoo.com - October 10 at 5:49 AM
globenewswire.com logoImpinj to Announce Third Quarter 2017 Financial Results - GlobeNewswire (press release)
globenewswire.com - October 10 at 12:49 AM
americanbankingnews.com logoIMPINJ Inc (PI) Stock Rating Reaffirmed by Royal Bank Of Canada
www.americanbankingnews.com - September 30 at 6:46 AM
globenewswire.com logoImpinj Introduces Monza R6-A RAIN RFID Tag Chip for European ... - GlobeNewswire (press release)
globenewswire.com - September 27 at 11:18 PM
nasdaq.com logoImpinj Introduces Monza R6-A RAIN RFID Tag Chip for European Retail Industry
www.nasdaq.com - September 27 at 6:03 PM
finance.yahoo.com logoImpinj, Inc. breached its 50 day moving average in a Bullish Manner : PI-US : September 25, 2017
finance.yahoo.com - September 25 at 11:32 AM
americanbankingnews.com logoIMPINJ Inc (PI) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - September 24 at 8:56 PM
americanbankingnews.com logoInsider Selling: IMPINJ Inc (PI) COO Sells 3,500 Shares of Stock
www.americanbankingnews.com - September 22 at 8:16 PM
americanbankingnews.com logoInsider Selling: IMPINJ Inc (PI) Insider Sells 7,000 Shares of Stock
www.americanbankingnews.com - September 22 at 7:52 PM
finance.yahoo.com logoETFs with exposure to Impinj, Inc. : September 18, 2017
finance.yahoo.com - September 19 at 6:32 AM
prnewswire.com logoToday's Research Report Coverage on Communication Equipment Stocks -- Impinj, Sierra Wireless, ViaSat, and A10 Networks
www.prnewswire.com - September 15 at 7:38 AM
americanbankingnews.com logoIMPINJ Inc (PI) Given "Buy" Rating at Dougherty & Co
www.americanbankingnews.com - September 14 at 12:28 PM
fool.com logo3 Stocks Warren Buffett Can't Buy, but You Can - Motley Fool
www.fool.com - September 10 at 6:27 AM
americanbankingnews.com logoInsider Selling: IMPINJ Inc (PI) CFO Sells 9,000 Shares of Stock
www.americanbankingnews.com - September 6 at 10:26 PM
finance.yahoo.com logoETFs with exposure to Impinj, Inc. : September 6, 2017
finance.yahoo.com - September 5 at 10:22 PM
finance.yahoo.com logoImpinj, Inc. :PI-US: Earnings Analysis: Q2, 2017 By the Numbers : August 31, 2017
finance.yahoo.com - September 1 at 7:12 AM
americanbankingnews.com logoIMPINJ Inc (PI) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - August 30 at 8:36 PM
americanbankingnews.com logoIMPINJ Inc (PI) COO Sells $125,090.00 in Stock
www.americanbankingnews.com - August 30 at 8:26 PM
finance.yahoo.com logoImpinj Reaches 80-Plus Relative Strength Rating Benchmark
finance.yahoo.com - August 29 at 6:42 AM
benzinga.com logoImpinj Shares Down 50% In 2 Months, But KeyBanc Still Doesn't Want You To Buy - Benzinga
www.benzinga.com - August 26 at 8:19 AM
americanbankingnews.com logoIMPINJ Inc (PI) Expected to Post Q1 2018 Earnings of ($0.05) Per Share
www.americanbankingnews.com - August 25 at 10:34 AM
finance.yahoo.com logoImpinj Shares Down 50% In 2 Months, But KeyBanc Still Doesn't Want You To Buy
finance.yahoo.com - August 25 at 10:01 AM
americanbankingnews.com logoKeyCorp Equities Analysts Cut Earnings Estimates for IMPINJ Inc (PI)
www.americanbankingnews.com - August 24 at 9:08 AM
americanbankingnews.com logoKeyCorp Reiterates Hold Rating for IMPINJ Inc (PI)
www.americanbankingnews.com - August 24 at 8:46 AM
americanbankingnews.com logoIMPINJ Inc (PI) Receives New Coverage from Analysts at Dougherty & Co
www.americanbankingnews.com - August 23 at 11:50 AM
finance.yahoo.com logoImpinj, Inc. – Value Analysis (NASDAQ:PI) : August 15, 2017
finance.yahoo.com - August 16 at 6:46 AM
americanbankingnews.com logoIMPINJ Inc (PI) Rating Reiterated by Canaccord Genuity
www.americanbankingnews.com - August 6 at 10:26 PM
americanbankingnews.com logoIMPINJ Inc (NYSE:PI) Price Target Lowered to $50.00 at Royal Bank Of Canada
www.americanbankingnews.com - August 6 at 8:28 PM
fool.com logoImpinj Slashes Guidance Due To Customer Delays - Motley Fool
www.fool.com - August 6 at 1:54 AM
americanbankingnews.com logoIMPINJ Inc (NYSE:PI) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - August 5 at 8:56 PM
americanbankingnews.com logoIMPINJ Inc (NYSE:PI) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - August 5 at 7:30 PM
finance.yahoo.com logoImpinj to Present at Canaccord Genuity Annual Growth Conference
finance.yahoo.com - August 5 at 6:15 AM
finance.yahoo.com logoChipmakers Microchip, Impinj Diverge After June-Quarter Reports
finance.yahoo.com - August 5 at 6:15 AM
marketwatch.com logoNorth America to Remain the Largest Market for On-shelf Availability Solution
www.marketwatch.com - August 4 at 7:00 AM
businesswire.com logoImpinj Announces Second Quarter 2017 Financial Results
www.businesswire.com - August 4 at 7:00 AM
prnewswire.com logoTechnical Snapshots for these Communication Equipment Stocks -- Lumentum ...
www.prnewswire.com - August 4 at 7:00 AM
finance.yahoo.com logoTracking-Chip Maker Impinj Falls On Weak Outlook
finance.yahoo.com - August 4 at 7:00 AM
finance.yahoo.com logoImpinj Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 4 at 6:59 AM
finance.yahoo.com logoEdited Transcript of PI earnings conference call or presentation 3-Aug-17 9:00pm GMT
finance.yahoo.com - August 4 at 6:59 AM
americanbankingnews.com logoIMPINJ Inc (NYSE:PI) Issues Q3 Earnings Guidance
www.americanbankingnews.com - August 3 at 8:32 PM
finance.yahoo.com logoImpinj, Inc. breached its 50 day moving average in a Bearish Manner : PI-US : August 1, 2017
finance.yahoo.com - August 1 at 4:26 PM

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Chart

IMPINJ (PI) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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