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IMPINJ Inc (PI)
NASDAQ:PI
IMPINJ (PI) Stock Price & Analysis
954 Followers
PI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$48.39 - $175.41
Previous Close$173.4
Volume236.41K
Average Volume (3M)431.37K
Market Cap
$4.81B
Enterprise Value$4.99B
Total Cash (Recent Filing)$113.23M
Total Debt (Recent Filing)$294.59M
Price to Earnings (P/E)-448.3
Beta1.75
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. Volume478,760
30 Day Avg. Volume431,371
Standard Deviation0.20
R-Squared0.24
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)9004.59
Price to Sales (P/S)68.02
Price to Cash Flow (P/CF)823.50
P/FCF Ratio39006.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue16.22
Enterprise Value/Gross Profit32.82
Enterprise Value/Ebitda-224.71
Forecast
1Y Price Target
$163.67Price Target Upside-5.61% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering9
IMPINJ News
Bulls Say, Bears Say
Bulls Say
Financial OutlookAnalysts maintain a Buy rating on PI stock with an updated 12-month price target of $156, representing a 17% potential upside based on robust financial performance and growth expectations.
Market TrendsThe recovering demand in the retail apparel market signals a growing consumer interest, which could positively impact companies like Impinj involved in supply chain solutions.
Product DemandImpinj is experiencing a strong adoption of its M800 IC that is expected to double in volume, signaling potential for significant revenue growth and margin expansion.
Bears Say
Earnings RevisionAnalyst updates Impinj earnings estimates due to a previous modeling error that led to an over-estimation of future earnings and FCF.
Market TrendsUncertainty around the strength of recovery in the retail apparel market
Revenue ConcernsSystems revenue disappointed due to lower reader sales, with an expectation of further decline in the short term.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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 $175.41 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 67 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 38M.
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IMPINJ Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$163.67 (-5.61% Downside)
$163.67 (-5.61% Downside)
Blogger Sentiment
Bullish
PI Sentiment 66%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 18.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $15.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 14.8%
Last 30 Days ▲ 14.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
80.86%
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
$163.67
▼(-5.61% Downside)
Technical Analysis
Best Analysts Covering PI
1 Year
1 Year Success Rate
16/19 ratings generated profit
1 Year Average Return
+62.07%
reiterated a buy rating 24 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 +62.07% per trade.
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