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After finishing at $91.06 in the prior trading day, Impinj Inc (NASDAQ: PI) closed at $73.55, down -19.23%. In other words, the price has decreased by -$19.23 from its previous closing price. On the day, 1.34 million shares were traded. PI stock price reached its highest trading level at $86.715 during the session, while it also had its lowest trading level at $73.13.
Ratios:
Our goal is to gain a better understanding of PI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.88. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2098977280 and an Enterprise Value of 2227066112. As of this moment, Impinj’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.04, and their Forward P/E ratio for the next fiscal year is 29.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.73 while its Price-to-Book (P/B) ratio in mrq is 13.99. Its current Enterprise Value per Revenue stands at 6.083 whereas that against EBITDA is 215.864.
Stock Price History:
The Beta on a monthly basis for PI is 1.64, which has changed by -0.3950485 over the last 52 weeks, in comparison to a change of 0.036926866 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 $83.53. The 50-Day Moving Average of the stock is -28.01%, while the 200-Day Moving Average is calculated to be -53.02%.
Shares Statistics:
The stock has traded on average 671.65K shares per day over the past 3-months and 576990 shares per day over the last 10 days, according to various share statistics. A total of 28.50M shares are outstanding, with a floating share count of 27.38M. Insiders hold about 4.06% of the company’s shares, while institutions hold 108.49% stake in the company. Shares short for PI as of 1741910400 were 3597445 with a Short Ratio of 5.36, compared to 1739491200 on 3582244. Therefore, it implies a Short% of Shares Outstanding of 3597445 and a Short% of Float of 18.78.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0