PI

Here's What You May Have Missed About Impinj(PI)

Join us for a quick overview of Impinj, a Farm & Heavy Construction Machinery company whose shares moved 1.0% today. Here are some facts about the stock that should help you see the bigger picture:

  • Impinj has moved -22.0% over the last year, and the S&P 500 logged a change of 13.0%

  • PI has an average analyst rating of buy and is -25.54% away from its mean target price of $92.0 per share

  • Its trailing earnings per share (EPS) is $-0.59

  • Impinj has a trailing 12 month Price to Earnings (P/E) ratio of -116.1 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $1.29 and its forward P/E ratio is 53.1

  • The company has a Price to Book (P/B) ratio of 49.93 in contrast to the S&P 500's average ratio of 2.95

  • Impinj is part of the Technology sector, which has an average P/E ratio of 27.16 and an average P/B of 6.23

  • The company has a free cash flow of $-52244876, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform, which comprises multiple product families, wirelessly connects individual items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that comprise reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enables its partners to deliver use cases, such as retail self-checkout and loss prevention, and warehouse pallet and package tracking to end-users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, consumer experience, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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