Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Impinj Inc (NASDAQ: PI) closed at $115.86 up 2.13% from its previous closing price of $113.44. In other words, the price has increased by $2.13 from its previous closing price. On the day, 0.2 million shares were traded. PI stock price reached its highest trading level at $116.21 during the session, while it also had its lowest trading level at $112.65.
Ratios:
For a deeper understanding of Impinj Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 75.89. For the most recent quarter (mrq), Quick Ratio is recorded 7.46 and its Current Ratio is at 10.96. In the meantime, Its Debt-to-Equity ratio is 1.82 whereas as Long-Term Debt/Eq ratio is at 1.80.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 3357981952 and an Enterprise Value of 3363103744. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.24 while its Price-to-Book (P/B) ratio in mrq is 20.87. Its current Enterprise Value per Revenue stands at 9.251 whereas that against EBITDA is 358.769.
Stock Price History:
The Beta on a monthly basis for PI is 1.72, which has changed by -0.28304458 over the last 52 weeks, in comparison to a change of 0.12792087 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 6.83%, while the 200-Day Moving Average is calculated to be -16.08%.
Shares Statistics:
For the past three months, PI has traded an average of 653.56K shares per day and 384420 over the past ten days. A total of 28.93M shares are outstanding, with a floating share count of 28.08M. Insiders hold about 3.12% of the company’s shares, while institutions hold 107.43% stake in the company. Shares short for PI as of 1749772800 were 3480931 with a Short Ratio of 5.33, compared to 1747267200 on 3633211. Therefore, it implies a Short% of Shares Outstanding of 3480931 and a Short% of Float of 24.09.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
