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The closing price of Impinj Inc (NASDAQ: PI) was $154.58 for the day, up 26.49% from the previous closing price of $122.21. In other words, the price has increased by $26.49 from its previous closing price. On the day, 2.7 million shares were traded. PI stock price reached its highest trading level at $164.3516 during the session, while it also had its lowest trading level at $142.0.
Ratios:
Our analysis of PI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 163.15. For the most recent quarter (mrq), Quick Ratio is recorded 8.44 and its Current Ratio is at 11.64. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on July 18, 2024, initiated with a Overweight rating and assigned the stock a target price of $205.
On July 11, 2024, Piper Sandler reiterated its Overweight rating and also lowered its target price recommendation from $150 to $180.
Goldman Downgraded its Buy to Neutral on May 20, 2024, while the target price for the stock was maintained at $156.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 02 ’25 when DOSSETT JEFFREY bought 11,301 shares for $91.03 per share.
DOSSETT JEFFREY bought 4,857 shares of PI for $437,186 on Mar 27 ’25. On Mar 26 ’25, another insider, DOSSETT JEFFREY, who serves as the Former Affiliate of the company, bought 1,995 shares for $92.31 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PI now has a Market Capitalization of 4496686080 and an Enterprise Value of 3685927424. As of this moment, Impinj’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21469.44, and their Forward P/E ratio for the next fiscal year is 59.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1042.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.48 while its Price-to-Book (P/B) ratio in mrq is 23.96. Its current Enterprise Value per Revenue stands at 10.139 whereas that against EBITDA is 393.208.
Stock Price History:
The Beta on a monthly basis for PI is 1.72, which has changed by 0.109372735 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, PI has reached a high of $239.88, while it has fallen to a 52-week low of $60.85. The 50-Day Moving Average of the stock is 34.21%, while the 200-Day Moving Average is calculated to be 19.47%.
Shares Statistics:
PI traded an average of 473.64K shares per day over the past three months and 740710 shares per day over the past ten days. A total of 29.09M shares are outstanding, with a floating share count of 28.08M. Insiders hold about 3.12% of the company’s shares, while institutions hold 107.71% stake in the company. Shares short for PI as of 1752537600 were 2846354 with a Short Ratio of 6.01, compared to 1749772800 on 3480931. Therefore, it implies a Short% of Shares Outstanding of 2846354 and a Short% of Float of 19.690001.
