Impinj Inc Stock Performance
| PI Stock | USD 120.91 2.77 2.24% |
On a scale of 0 to 100, Impinj holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 1.63, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Impinj will likely underperform. Please check Impinj's skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether Impinj's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Impinj Inc are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite fairly unsteady forward indicators, Impinj demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.56) | Five Day Return 1.95 | Year To Date Return 43.01 | Ten Year Return 584.42 | All Time Return 584.42 |
Last Split Factor 10:1 | Last Split Date 2007-07-06 |
1 | Impinj Q4 Earnings Snapshot | 02/08/2024 |
2 | Disposition of 5000 shares by Chris Diorio of Impinj at 21.81 subject to Rule 16b-3 | 02/15/2024 |
3 | Disposition of 5500 shares by Cathal Phelan of Impinj subject to Rule 16b-3 | 02/20/2024 |
4 | Cathal G. Phelan Sells 2,556 Shares of Impinj, Inc. Stock | 02/22/2024 |
5 | Disposition of 3750 shares by Cary Baker of Impinj subject to Rule 16b-3 | 02/23/2024 |
6 | Impinj A Strong Contributor of Wasatch Micro Cap Value Strategy | 03/13/2024 |
7 | Impinj Inc chief revenue officer sells over 350k in company stock By Investing.com - Investing.com | 03/20/2024 |
8 | See Live Demos of PIs Photonics SiP Fiber Alignment Technology at OFC in San Diego, Starting March 24 | 03/21/2024 |
9 | Disposition of 597 shares by Chris Diorio of Impinj at 127.8773 subject to Rule 16b-3 | 03/25/2024 |
10 | V-827 Wide-Body Linear Stage Family for Precision Automation | 03/27/2024 |
11 | Analog Semiconductors Stocks Q4 Highlights Analog Devices | 04/03/2024 |
12 | Disposition of 938 shares by Cary Baker of Impinj subject to Rule 16b-3 | 04/12/2024 |
13 | Impinj CFO sells over 44k in company stock | 04/16/2024 |
14 | Kevin Durand Wants In On A24s Elon Musk Biopic | 04/17/2024 |
15 | Impinj shares target raised on strong outlook | 04/23/2024 |
| Begin Period Cash Flow | 19.6 M |
Impinj |
Impinj Relative Risk vs. Return Landscape
If you would invest 10,090 in Impinj Inc on January 26, 2024 and sell it today you would earn a total of 2,001 from holding Impinj Inc or generate 19.83% return on investment over 90 days. Impinj Inc is generating 0.3273% of daily returns and assumes 2.6832% volatility on return distribution over the 90 days horizon. Put differently, 23% of stocks are less risky than Impinj on the basis of their historical return distribution, and some 94% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Impinj Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impinj's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Impinj Inc, and traders can use it to determine the average amount a Impinj's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.122
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Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Impinj is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Impinj by adding it to a well-diversified portfolio.
Impinj Fundamentals Growth
Impinj Stock prices reflect investors' perceptions of the future prospects and financial health of Impinj, and Impinj fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Impinj Stock performance.
| Return On Equity | -1.74 | ||||
| Return On Asset | -0.0709 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | (0.19) % | ||||
| Current Valuation | 3.55 B | ||||
| Shares Outstanding | 27.2 M | ||||
| Price To Earning | (233.60) X | ||||
| Price To Book | 95.61 X | ||||
| Price To Sales | 10.61 X | ||||
| Revenue | 307.54 M | ||||
| Gross Profit | 137.88 M | ||||
| EBITDA | (43.48 M) | ||||
| Net Income | (43.37 M) | ||||
| Cash And Equivalents | 181.85 M | ||||
| Cash Per Share | 7.02 X | ||||
| Total Debt | 294.59 M | ||||
| Current Ratio | 7.73 X | ||||
| Book Value Per Share | 1.26 X | ||||
| Cash Flow From Operations | (49.38 M) | ||||
| Earnings Per Share | (1.62) X | ||||
| Market Capitalization | 3.44 B | ||||
| Total Asset | 359.41 M | ||||
| Retained Earnings | (430.15 M) | ||||
| Working Capital | 238.82 M | ||||
| Current Asset | 102.7 M | ||||
| Current Liabilities | 20.53 M | ||||
About Impinj Performance
To evaluate Impinj Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Impinj generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Impinj Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Impinj Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Impinj's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 228.01 | 132.76 | |
| Return On Tangible Assets | (0.13) | (0.14) | |
| Return On Capital Employed | (0.13) | (0.14) | |
| Return On Assets | (0.12) | (0.13) | |
| Return On Equity | (1.27) | (1.21) |
Things to note about Impinj Inc performance evaluation
Checking the ongoing alerts about Impinj for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Impinj Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company generated the yearly revenue of 307.54 M. Annual Net Loss to common stockholders was (43.37 M) with gross profit of 137.88 M. | |
| 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. | |
| Impinj Inc has a poor financial position based on the latest SEC disclosures | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Impinj shares target raised on strong outlook |
- Analyzing Impinj's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Impinj's stock is overvalued or undervalued compared to its peers.
- Examining Impinj's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Impinj's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Impinj's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Impinj's stock. These opinions can provide insight into Impinj's potential for growth and whether the stock is currently undervalued or overvalued.
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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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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 (1.62) | 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.