A share price of Impinj Inc [PI] is currently trading at $100.71, up 0.26%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PI shares have gain 14.80% over the last week, with a monthly amount drifted -6.54%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Impinj Inc [NASDAQ: PI] stock has seen the most recent analyst activity on July 18, 2024, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $205. Previously, Piper Sandler reaffirmed its Overweight rating on July 11, 2024, and elevated its price target to $180. On May 20, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $156 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $200 on May 13, 2024. Evercore ISI initiated its recommendation with a Outperform and recommended $160 as its price target on April 16, 2024. Needham reiterated a Buy rating for this stock on March 14, 2024, and upped its price target to $130. In a note dated February 09, 2024, Needham reiterated an Buy rating on this stock and boosted its target price from $115 to $120.
Impinj Inc experienced fluctuations in its stock price throughout the past year between $84.17 and $239.88. Currently, Wall Street analysts expect the stock to reach $251.83 within the next 12 months. Impinj Inc [NASDAQ: PI] shares were valued at $100.71 at the most recent close of the market. An investor can expect a potential return of 150.05% based on the average PI price forecast.
Analyzing the PI fundamentals
Trailing Twelve Months sales for Impinj Inc [NASDAQ:PI] were 366.09M which represents 29.61% growth. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.33 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.95.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 97.54 points at the first support level, and at 94.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 103.14, and for the 2nd resistance point, it is at 105.56.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Impinj Inc [NASDAQ:PI] is 0.98. In addition, the Quick Ratio stands at 0.68 and the Cash Ratio stands at 0.14. Considering the valuation of this stock, the price to sales ratio is 7.85, the price to book ratio is 19.15 and price to earnings (TTM) ratio is 76.74.
Transactions by insiders
Recent insider trading involved DOSSETT JEFFREY, Former Affiliate, that happened on Mar 10 ’25 when 16828.0 shares were purchased. Officer, DOSSETT JEFFREY completed a deal on Mar 05 ’25 to buy 16360.0 shares. Meanwhile, CHIEF INNOVATION OFFICER PHELAN CATHAL G sold 565.0 shares on Feb 21 ’25.
