Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Impinj Inc (NASDAQ: PI) was $91.16 for the day, down -3.64% from the previous closing price of $94.60. In other words, the price has decreased by -$3.64 from its previous closing price. On the day, 0.87 million shares were traded. PI stock price reached its highest trading level at $97.41 during the session, while it also had its lowest trading level at $89.66.
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 15.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 1.95 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 Mar 10 ’25 when DOSSETT JEFFREY bought 16,828 shares for $100.00 per share.
DOSSETT JEFFREY bought 16,360 shares of PI for $1,474,061 on Mar 05 ’25. On Feb 21 ’25, another insider, PHELAN CATHAL G, who serves as the CHIEF INNOVATION OFFICER of the company, sold 565 shares for $98.77 each. As a result, the insider received 55,804 and left with 7,925 shares of the company.
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 2601533184 and an Enterprise Value of 2827793664. As of this moment, Impinj’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.46, and their Forward P/E ratio for the next fiscal year is 36.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.11 while its Price-to-Book (P/B) ratio in mrq is 17.34. Its current Enterprise Value per Revenue stands at 7.724 whereas that against EBITDA is 274.091.
Stock Price History:
The Beta on a monthly basis for PI is 1.71, which has changed by -0.26832008 over the last 52 weeks, in comparison to a change of 0.087141395 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 $84.17. The 50-Day Moving Average of the stock is -23.73%, while the 200-Day Moving Average is calculated to be -43.76%.
Shares Statistics:
PI traded an average of 693.98K shares per day over the past three months and 662000 shares per day over the past ten days. A total of 28.50M shares are outstanding, with a floating share count of 27.38M. Insiders hold about 4.05% of the company’s shares, while institutions hold 108.53% stake in the company. Shares short for PI as of 1740700800 were 3519952 with a Short Ratio of 5.07, compared to 1738281600 on 4492402. Therefore, it implies a Short% of Shares Outstanding of 3519952 and a Short% of Float of 18.38.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
