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: $1.08 billion
  • Outstanding Shares: 20,635,000
Average Prices:
  • 50 Day Moving Avg: $51.02
  • 200 Day Moving Avg: $38.18
  • 52 Week Range: $18.00 - $60.85
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 102.76
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $122.38 million
  • Price / Sales: 8.84
  • Book Value: $6.07 per share
  • Price / Book: 8.63
Profitability:
  • EBIDTA: $2.41 million
  • Net Margins: -6.81%
  • Return on Equity: -6.95%
  • Return on Assets: -5.18%
Misc:
  • Average Volume: 773,854 shs.
  • Short Ratio: 4.92
 
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) released its quarterly earnings results on Thursday, May, 4th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.02. The business earned $31.70 million during the quarter, compared to analyst estimates of $30.81 million. IMPINJ had a negative return on equity of 6.95% and a negative net margin of 6.81%. The firm's quarterly revenue was up 46.8% on a year-over-year basis. View IMPINJ's Earnings History.

When will IMPINJ make its next earnings announcement?

IMPINJ is scheduled to release their next quarterly earnings announcement on Tuesday, August, 29th 2017. View Earnings Estimates for IMPINJ.

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

IMPINJ updated its second quarter earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of ($0.02)-$0.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.03. The company issued revenue guidance of $32.4-$33.9 million, compared to the consensus revenue estimate of $33.31 million.

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

7 equities research analysts have issued 1-year price targets for IMPINJ's stock. Their predictions range from $30.00 to $59.00. On average, they anticipate IMPINJ's share price to reach $41.43 in the next twelve months. 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. " (7/19/2017)
  • 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 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 variety of of institutional and retail investors. Top institutional investors include Chevy Chase Trust Holdings Inc. (1.38%), Capital Impact Advisors LLC (0.19%), Capital Asset Advisory Services LLC (0.03%), Bank of Montreal Can (0.03%) and Pier 88 Investment Partners LLC (0.02%). 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 sold IMPINJ stock? Who is selling IMPINJ stock?

IMPINJ's stock was sold by a variety of institutional investors in the last quarter, including Capital Impact Advisors LLC, Pier 88 Investment Partners LLC, Bank of Montreal Can and Capital Asset Advisory Services LLC. Company insiders that have sold IMPINJ 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 acquired by a variety of institutional investors in the last quarter, including Chevy Chase Trust Holdings Inc.. 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 $52.41.


MarketBeat Community Rating for IMPINJ (NYSE PI)
Community Ranking:  3.9 out of 5 (  )
Outperform Votes:  108 (Vote Outperform)
Underperform Votes:  32 (Vote Underperform)
Total Votes:  140
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: $41.43 (20.95% downside)

Analysts' Ratings History for IMPINJ (NYSE:PI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/27/2017KeyCorpDowngradeHoldN/AView Rating Details
6/19/2017Royal Bank Of CanadaBoost Price TargetOutperform$50.00 -> $59.00LowView Rating Details
6/19/2017Morgan StanleyDowngradeOverweight -> Equal Weight$40.00 -> $51.00MediumView Rating Details
5/12/2017Canaccord GenuityReiterated RatingBuy$38.00LowView Rating Details
3/2/2017Needham & Company LLCReiterated RatingBuy$40.00N/AView 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 7/22/2015 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
8/29/2017        
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)
Current Year EPS Consensus Estimate: $0.23 EPS
Next Year EPS Consensus Estimate: $0.51 EPS

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
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
americanbankingnews.com logoInsider Selling: IMPINJ Inc (PI) Insider Sells 7,000 Shares of Stock
www.americanbankingnews.com - July 19 at 7:40 PM
americanbankingnews.com logoIMPINJ Inc (NYSE:PI) COO Sells $186,235.00 in Stock
www.americanbankingnews.com - July 19 at 7:38 PM
barrons.com logoImpinj: RAIN Event Could Bring Kaiser, Other Nice News, Says RBC - Barron's
www.barrons.com - July 19 at 3:52 PM
americanbankingnews.com logoIMPINJ (PI) versus SuperCom (SPCB) Critical Contrast
www.americanbankingnews.com - July 18 at 4:57 PM
finance.yahoo.com logoAmazon's Whole Foods Deal Is Supporting This Little-Known Company
finance.yahoo.com - July 18 at 7:22 AM
finance.yahoo.com logoImpinj: RAIN Event Could Bring Kaiser, Other Nice News, Says RBC
finance.yahoo.com - July 18 at 7:22 AM
americanbankingnews.com logoIMPINJ (NYSE:PI) versus SuperCom (SPCB) Head to Head Review
www.americanbankingnews.com - July 17 at 10:27 AM
americanbankingnews.com logoSuperCom (SPCB) and IMPINJ (NYSE:PI) Financial Analysis
www.americanbankingnews.com - July 16 at 10:34 AM
nasdaq.com logoChevy Chase Trust Holdings, Inc. Buys Baker Hughes Inc, Impinj Inc, CyrusOne Inc, Sells Baker ... - Nasdaq
www.nasdaq.com - July 15 at 7:32 AM
prnewswire.com logoGlobal Anti-Counterfeit Packaging Market is expected to rise to $128338 million by 2025
www.prnewswire.com - July 14 at 7:25 AM
americanbankingnews.com logoIMPINJ Inc (NYSE:PI) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - July 11 at 8:50 PM
americanbankingnews.com logoAnalyzing IMPINJ (PI) and SuperCom (SPCB)
www.americanbankingnews.com - July 11 at 4:08 PM
finance.yahoo.com logoImpinj to Webcast Panel Discussion on RAIN RFID’s Role in Healthcare
finance.yahoo.com - July 11 at 6:35 AM
fool.com logoWhy Shares of Impinj, Inc. Rose 11.5% in June - Motley Fool
www.fool.com - July 8 at 1:33 PM
finance.yahoo.com logoWhy Shares of Impinj, Inc. Rose 11.5% in June
finance.yahoo.com - July 8 at 1:33 PM
globenewswire.com logoImpinj to Announce Second Quarter 2017 Financial Results - GlobeNewswire (press release)
www.globenewswire.com - July 7 at 8:08 AM
nasdaq.com logoCommit To Buy Impinj At $35, Earn 13.2% Annualized Using Options - Nasdaq
www.nasdaq.com - July 6 at 7:56 AM
fool.com logoImpinj, Inc. Shares Rose 38% So Far in 2017 -- Here's Why - Motley Fool
www.fool.com - July 6 at 7:56 AM
finance.yahoo.com logoImpinj, Inc. Shares Rose 38% So Far in 2017 -- Here's Why
finance.yahoo.com - July 6 at 7:56 AM
americanbankingnews.com logoIMPINJ Inc (PI) Downgraded by Zacks Investment Research to Strong Sell
www.americanbankingnews.com - June 29 at 7:28 AM
benzinga.com logoUp 300% Since Last Year's IPO, Is It Time To For Impinj Shares To Take A Breather?
www.benzinga.com - June 28 at 1:55 AM
marketwatch.com logoImpinj's stock pulls back sharply from record close after analyst downgrade
www.marketwatch.com - June 28 at 1:55 AM
finance.yahoo.com logoFrost & Sullivan Commends Impinj for Aiding Healthcare Providers' Asset Tracking Efforts with its Novel RAIN RFID-based Solution
finance.yahoo.com - June 28 at 1:55 AM
finance.yahoo.com logoImpinj: It's Been An Incredible Run, Time to Cool Off, Says Pac Crest
finance.yahoo.com - June 28 at 1:55 AM
americanbankingnews.com logoIMPINJ (PI) and SuperCom (SPCB) Critical Review
www.americanbankingnews.com - June 28 at 12:06 AM
prnewswire.com logoFrost & Sullivan Commends Impinj for Aiding Healthcare Providers' Asset Tracking Efforts with its Novel RAIN RFID ... - PR Newswire (press release)
www.prnewswire.com - June 27 at 8:54 PM
finance.yahoo.com logoWhy Impinj Stock Dropped Today
finance.yahoo.com - June 27 at 8:54 PM
nasdaq.com logoBUZZ-US STOCKS ON THE MOVE-Alphabet, Alder Biopharma, Pandora Media, Sprint - Nasdaq
www.nasdaq.com - June 27 at 3:37 PM
finance.yahoo.com logoThis Highflying Chip Stock Takes A Dive On Downgrade
finance.yahoo.com - June 27 at 3:36 PM
streetinsider.com logoPacific Crest Downgrades Impinj Inc (PI) to Sector Weight - StreetInsider.com
www.streetinsider.com - June 27 at 7:21 AM
seekingalpha.com logoImpinj Likely The Real Winner From Amazon's Acquisition Of Whole Foods
seekingalpha.com - June 22 at 5:34 AM
finance.yahoo.com logoImpinj Introduces Speedway® R120 RAIN RFID Reader
finance.yahoo.com - June 22 at 5:34 AM
finance.yahoo.com logoMorgan Stanley Downgrades Impinj Following Nearly 50% Rally Since May 4
finance.yahoo.com - June 20 at 1:00 AM
finance.yahoo.com logoImpinj: You'll Have Better Chances to Buy Down the Road, Says Morgan Stanley
finance.yahoo.com - June 20 at 12:59 AM
finance.yahoo.com logoETFs with exposure to Impinj, Inc. : June 19, 2017
finance.yahoo.com - June 20 at 12:59 AM
benzinga.com logoMorgan Stanley Downgrades Impinj Following Nearly 50% Rally Since May 4 - Benzinga
www.benzinga.com - June 19 at 7:58 PM
streetinsider.com logoUPDATE: Morgan Stanley Downgrades Impinj Inc (PI) to Equalweight - StreetInsider.com
www.streetinsider.com - June 19 at 7:58 PM
americanbankingnews.com logoInsider Selling: IMPINJ Inc (PI) CFO Sells 10,000 Shares of Stock
www.americanbankingnews.com - June 19 at 7:21 PM
streetinsider.com logoUPDATE: Morgan Stanley Downgrades Impinj Inc (PI) to Equalweight
www.streetinsider.com - June 19 at 10:25 AM
finance.yahoo.com logoImpinj (PI) Shows Strength: Stock Adds 19.1% in Session
finance.yahoo.com - June 19 at 10:25 AM
americanbankingnews.com logoIMPINJ Inc (PI) Given "Outperform" Rating at Royal Bank Of Canada
www.americanbankingnews.com - June 19 at 9:46 AM
americanbankingnews.com logoIMPINJ Inc (PI) Stock Rating Lowered by Morgan Stanley
www.americanbankingnews.com - June 19 at 8:08 AM
streetinsider.com logoImpinj Inc (PI) PT Raised to $59 at RBC Capital; Added to Unofficial ... - StreetInsider.com
www.streetinsider.com - June 18 at 6:24 AM
bloomberg.com logoBloomberg Markets: Dave Wilson’s Stock of the Day for June 16
www.bloomberg.com - June 16 at 8:15 PM
streetinsider.com logoImpinj Inc (PI) PT Raised to $59 at RBC Capital; Added to Unofficial "Do Not Short List"
www.streetinsider.com - June 16 at 8:15 PM
finance.yahoo.com logoImpinj Surges: Is Amazon Using Their RFID Tags?
finance.yahoo.com - June 16 at 8:15 PM
finance.yahoo.com logoImpinj stock jumps 17 percent after Amazon, Whole Foods deal – is RFID partnership in the future?
finance.yahoo.com - June 16 at 8:15 PM
finance.yahoo.com logoAmazon-Whole Foods Deal Sends This Chip IPO Soaring
finance.yahoo.com - June 16 at 8:15 PM
finance.yahoo.com logoImpinj: Amazon Just One More Reason Not To Short It, Says RBC
finance.yahoo.com - June 16 at 8:15 PM
americanbankingnews.com logoIMPINJ Inc (PI) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - June 16 at 6:32 PM

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Chart

IMPINJ (PI) Chart for Saturday, July, 22, 2017

This page was last updated on 7/22/2017 by MarketBeat.com Staff