Impinj Inc Stock Today
| PI Stock | USD 120.09 1.30 1.07% |
Performance11 of 100
| Odds Of DistressLess than 16
|
Impinj is trading at 120.09 as of the 18th of April 2024. This is a -1.07 percent decrease since the beginning of the trading day. The stock's open price was 121.39. Impinj has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Impinj Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Semiconductors & Semiconductor Equipment | IPO Date 21st of July 2016 | Category Technology | Classification Information Technology |
Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington. Impinj operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. The company has 27.2 M outstanding shares of which 3.33 M shares are at this time sold short in the market by investors with about 9.58 days to cover all shorted shares. More on Impinj Inc
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Impinj Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Impinj's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Impinj or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | William Colleran | ||||
| Thematic Idea | Electronic Equipment (View all Themes) | ||||
| Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, Electronic Equipment, Information Technology, Semiconductors & Semiconductor Equipment, Communication Equipment, Technology (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Impinj report their recommendations after researching Impinj's financial statements, talking to executives and customers, or listening in on Impinj's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Impinj Inc. The Impinj consensus assessment is calculated by taking the average forecast from all of the analysts covering Impinj. | |||||
Impinj's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Impinj's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Impinj's financial leverage. It provides some insight into what part of Impinj's total assets is financed by creditors.
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Impinj Inc (PI) is traded on NASDAQ Exchange in USA. It is located in 400 Fairview Avenue North, Seattle, WA, United States, 98109 and employs 475 people. Impinj is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 3.3 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Impinj's market, we take the total number of its shares issued and multiply it by Impinj's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Impinj Inc is active under Semiconductors & Semiconductor Equipment sector as part of Information Technology industry. The entity has 27.2 M outstanding shares of which 3.33 M shares are at this time sold short in the market by investors with about 9.58 days to cover all shorted shares.
Impinj Inc reports about 181.85 M in cash with (49.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.02.
Check Impinj Probability Of Bankruptcy
Ownership AllocationImpinj secures a total of 27.2 Million outstanding shares. The majority of Impinj Inc outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Impinj to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Impinj Inc. Please pay attention to any change in the institutional holdings of Impinj Inc as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Impinj Ownership Details
Impinj Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Impinj jumping above the current price in 90 days from now is about 22.06%. The Impinj Inc probability density function shows the probability of Impinj stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.1879 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Impinj will likely underperform. Additionally, impinj Inc has an alpha of 0.5983, implying that it can generate a 0.6 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Impinj to move above the current price in 90 days from now is about 22.06 (This Impinj Inc probability density function shows the probability of Impinj Stock to fall within a particular range of prices over 90 days) .
Impinj Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Impinj that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Impinj's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Impinj's value.| Instituion | Recorded On | Shares | |
| Capital World Investors | 2023-12-31 | 546.4 K | |
| Geode Capital Management, Llc | 2023-12-31 | 507.1 K | |
| Amvescap Plc. | 2023-12-31 | 499.3 K | |
| Millennium Management Llc | 2023-12-31 | 493.8 K | |
| Hhg Plc | 2023-12-31 | 436.9 K | |
| Cinctive Capital Management Lp | 2023-12-31 | 423.7 K | |
| Allspring Global Investments Holdings, Llc | 2023-12-31 | 386.7 K | |
| Wasatch Advisors Inc. | 2023-12-31 | 377.6 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 373.7 K | |
| Sylebra Capital Llc | 2023-12-31 | 4.2 M | |
| Fmr Inc | 2023-12-31 | 4.1 M |
Impinj Historical Income Statement
Impinj Inc Income Statement is one of the three primary financial statements used for reporting Impinj's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Impinj Inc revenue and expense. Impinj Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Impinj's Gross Profit is increasing as compared to previous years. The Impinj's current Other Operating Expenses is estimated to increase to about 363.4 M, while Interest Expense is projected to decrease to under 2.5 M. View More FundamentalsImpinj Stock Against Markets
Picking the right benchmark for Impinj stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Impinj stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Impinj is critical whether you are bullish or bearish towards Impinj Inc at a given time. Please also check how Impinj's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Impinj without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Impinj Corporate Directors
Impinj corporate directors refer to members of an Impinj board of directors. The board of directors generally takes responsibility for the Impinj's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Impinj's board members must vote for the resolution. The Impinj board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Tom Alberg | Independent Director | Profile | |
| Theresa Wise | Independent Director | Profile | |
| Stephen Arnold | Independent Director | Profile | |
| Clinton Bybee | Independent Director | Profile |
How to buy Impinj Stock?
Before investing in Impinj, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Impinj. To buy Impinj stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Impinj. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Impinj stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Impinj Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Impinj Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Impinj Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Impinj Stock please use our How to Invest in Impinj guide.
Already Invested in Impinj Inc?
The danger of trading Impinj Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Impinj is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Impinj. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Impinj Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Impinj Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Impinj's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Impinj Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Impinj Inc Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Impinj Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Impinj Stock analysis
When running Impinj's price analysis, check to measure Impinj's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Impinj is operating at the current time. Most of Impinj's value examination focuses on studying past and present price action to predict the probability of Impinj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Impinj's price. Additionally, you may evaluate how the addition of Impinj to your portfolios can decrease your overall portfolio volatility.
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Is Impinj's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Impinj. If investors know Impinj will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Impinj listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.61) | Revenue Per Share 11.496 | Quarterly Revenue Growth (0.08) | Return On Assets (0.07) | Return On Equity (1.74) |
The market value of Impinj Inc is measured differently than its book value, which is the value of Impinj that is recorded on the company's balance sheet. Investors also form their own opinion of Impinj's value that differs from its market value or its book value, called intrinsic value, which is Impinj's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Impinj's market value can be influenced by many factors that don't directly affect Impinj's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Impinj's value and its price as these two are different measures arrived at by different means. Investors typically determine if Impinj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Impinj's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.