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IMPINJ Inc (PI)
NASDAQ:PI
IMPINJ (PI) Stock Price & Analysis
951 Followers
PI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$48.39 - $167.45
Previous Close$159.82
Volume458.27K
Average Volume (3M)430.66K
Market Cap
$4.43B
Enterprise Value$4.61B
Total Cash (Recent Filing)$113.23M
Total Debt (Recent Filing)$294.59M
Price to Earnings (P/E)-413.2
Beta1.73
Next Earnings
Jul 24, 2024EPS Estimate
$0.74Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.39
Shares Outstanding27,712,953
10 Day Avg. Volume556,959
30 Day Avg. Volume430,664
Standard Deviation0.20
R-Squared0.24
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)8508.73
Price to Sales (P/S)62.87
Price to Cash Flow (P/CF)778.10
P/FCF Ratio36858.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.99
Enterprise Value/Gross Profit30.34
Enterprise Value/Ebitda-207.75
Forecast
1Y Price Target
$159.78Price Target Upside-0.03% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering9
IMPINJ News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceImpinj delivered a clean beat and raise as Endpoint IC shipments to its inlay partners continue on a path toward normalization.
Industry AdoptionPotential acceleration in RFID adoption in the Food/Drink Packaging market could positively impact Impinj's performance.
Strategic DevelopmentsImpinj resolved their lawsuit with NXP, securing a recurring $15M in licensing, which is seen as a solid win for the company.
Bears Say
Earnings RevisionImpinj earnings estimates have been updated due to a previous modeling error that led to an over-estimation of future earnings and FCF.
Revenue ConcernsSystems revenue disappointed due to lower reader sales, with an expectation of further decline in the short term.
RisksRisks include global supply chain disruptions, increased competition, slower uptake of RFID tag systems, and high levels of stock-based compensation.
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Ownership Overview
30.59% Insiders
40.35% Mutual Funds
28.62% Other Institutional Investors
0.44% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PI FAQ
What was IMPINJ Inc’s price range in the past 12 months?
IMPINJ Inc lowest stock price was $48.39 and its highest was $167.45 in the past 12 months.
What is IMPINJ Inc’s market cap?
Currently, no data Available
When is IMPINJ Inc’s upcoming earnings report date?
IMPINJ Inc’s upcoming earnings report date is Jul 24, 2024 which is in 71 days.
How were IMPINJ Inc’s earnings last quarter?
IMPINJ Inc released its earnings results on Apr 24, 2024. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.101 by $0.109.
Is IMPINJ Inc overvalued?
According to Wall Street analysts IMPINJ Inc’s price is currently Overvalued.
Does IMPINJ Inc pay dividends?
IMPINJ Inc does not currently pay dividends.
What is IMPINJ Inc’s EPS estimate?
IMPINJ Inc’s EPS estimate is $0.74.
How many shares outstanding does IMPINJ Inc have?
IMPINJ Inc has 27,717,098 shares outstanding.
What happened to IMPINJ Inc’s price movement after its last earnings report?
IMPINJ Inc reported an EPS of $0.21 in its last earnings report, beating expectations of $0.101. Following the earnings report the stock price went up 28.649%.
Which hedge fund is a major shareholder of IMPINJ Inc?
Among the largest hedge funds holding IMPINJ Inc’s share is Royce & Associates LLC. It holds IMPINJ Inc’s shares valued at 28M.
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IMPINJ Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$159.78 (-0.03% Downside)
$159.78 (-0.03% Downside)
Blogger Sentiment
Neutral
PI Sentiment 57%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 202.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $20.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 13.2%
Last 30 Days ▲ 13.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
71.20%
12-Months-Change
Fundamentals
Return on Equity
-10.07%
Trailing 12-Months
Asset Growth
11.06%
Trailing 12-Months
Company Description
IMPINJ Inc
IImpinj, Inc. engages in the development and sale of RAIN, a radio frequency identification solution. Its platform allows inventory management, patient safety, asset tracking and item authentication for the retail, healthcare, supply chain & logistics, hospitality, food & beverage and industrial manufacturing industries. The company was founded by Carver Mead and Chris Diorio in April 2000 and is headquartered in Seattle, WA.
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PI Company Deck
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PI Earnings Call
Q1 2024
0:00 / 0:00
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PI Revenue Breakdown
76.23% Endpoint IC's
23.77% Systems
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PI Stock 12 Month Forecast
Average Price Target
$159.78
▼(-0.03% Downside)
Technical Analysis
Best Analysts Covering PI
1 Year
1 Year Success Rate
16/19 ratings generated profit
1 Year Average Return
+57.18%
reiterated a buy rating 19 days ago
Copying Harsh Kumar's trades and holding each position for 1 Year would result in 84.21% of your transactions generating a profit, with an average return of +57.18% per trade.
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