Is Impinj Stock a Good Investment?
Impinj Investment Advice | PI |
- Examine Impinj's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Impinj's leadership team and their track record. Good management can help Impinj navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact Impinj's business and its evolving consumer preferences.
- Compare Impinj's performance and market position to its competitors. Analyze how Impinj is positioned in terms of product offerings, innovation, and market share.
- Check if Impinj pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Impinj's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Impinj Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Impinj Inc is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Impinj Stock
Researching Impinj's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 96.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.35. Impinj Inc had not issued any dividends in recent years. The entity had 10:1 split on the 6th of July 2007.
To determine if Impinj is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Impinj's research are outlined below:
| Impinj Inc appears to be risky and price may revert if volatility continues | |
| The company generated the yearly revenue of 307.54 M. Annual Net Loss to common stockholders was (43.37 M) with gross profit of 137.88 M. | |
| Impinj Inc reports about 181.85 M in cash with (49.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.02. | |
| Impinj Inc has a poor financial position based on the latest SEC disclosures | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Laser Interferometer Space Antenna Project gets Help from PI Hexapod Alignment Systems |
Impinj Quarterly Long Term Debt |
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Impinj uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Impinj Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Impinj's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Impinj's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Impinj's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-03-02 | 2019-12-31 | 0.01 | 0.03 | 0.02 | 200 | ||
2017-05-04 | 2017-03-31 | -0.01 | 0.01 | 0.02 | 200 | ||
2017-02-16 | 2016-12-31 | 0.09 | 0.11 | 0.02 | 22 | ||
2019-02-20 | 2018-12-31 | -0.13 | -0.09 | 0.04 | 30 | ||
2017-08-03 | 2017-06-30 | 0.02 | 0.06 | 0.04 | 200 | ||
2016-11-03 | 2016-09-30 | 0.06 | 0.1 | 0.04 | 66 | ||
2016-09-01 | 2016-06-30 | 0.02 | 0.06 | 0.04 | 200 | ||
2017-11-01 | 2017-09-30 | -0.03 | -0.08 | -0.05 | 166 |
Impinj Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Impinj target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Impinj's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 8 | Strong Buy |
Most Impinj analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Impinj stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Impinj Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationImpinj Target Price Projection
Impinj's current and average target prices are 169.61 and 87.75, respectively. The current price of Impinj is the price at which Impinj Inc is currently trading. On the other hand, Impinj's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Impinj Target Price
Impinj Analyst Ratings
Impinj's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Impinj stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Impinj's financials, market performance, and future outlook by experienced professionals. Impinj's historical ratings below, therefore, can serve as a valuable tool for investors.Know Impinj's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Impinj is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Impinj Inc backward and forwards among themselves. Impinj's institutional investor refers to the entity that pools money to purchase Impinj's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Capital World Investors | 2023-12-31 | 546.4 K | Geode Capital Management, Llc | 2023-12-31 | 507.1 K | Amvescap Plc. | 2023-12-31 | 499.3 K | Millennium Management Llc | 2023-12-31 | 493.8 K | Hhg Plc | 2023-12-31 | 436.9 K | Cinctive Capital Management Lp | 2023-12-31 | 423.7 K | Allspring Global Investments Holdings, Llc | 2023-12-31 | 386.7 K | Wasatch Advisors Lp | 2023-12-31 | 377.6 K | Goldman Sachs Group Inc | 2023-12-31 | 373.7 K | Sylebra Capital Llc | 2023-12-31 | 4.2 M | Fmr Inc | 2023-12-31 | 4.1 M |
Impinj's market capitalization trends
The company currently falls under 'Mid-Cap' category with a market capitalization of 4.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Impinj's market, we take the total number of its shares issued and multiply it by Impinj's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Impinj's profitablity analysis
Impinj's profitability indicators refer to fundamental financial ratios that showcase Impinj's ability to generate income relative to its revenue or operating costs. If, let's say, Impinj is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Impinj's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Impinj's profitability requires more research than a typical breakdown of Impinj's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.13) | (0.14) | |
| Return On Capital Employed | (0.13) | (0.14) | |
| Return On Assets | (0.12) | (0.13) | |
| Return On Equity | (1.27) | (1.21) |
Determining Impinj's profitability involves analyzing its financial statements and using various financial metrics to determine if Impinj is a good buy. For example, gross profit margin measures Impinj's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Impinj's profitability and make more informed investment decisions.
Impinj's Earnings Breakdown by Geography
The data published in Impinj's official financial statements usually reflect Impinj's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Impinj Inc. For example, before you start analyzing numbers published by Impinj accountants, it's critical to develop an understanding of what Impinj's liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of Impinj's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Impinj's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Impinj's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Impinj Inc. Please utilize our Beneish M Score to check the likelihood of Impinj's management manipulating its earnings.
Evaluate Impinj's management efficiency
Impinj Inc has Return on Asset (ROA) of (0.0712) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0712. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.1007) %, which implies that it produced no returns to current stockholders. Impinj's management efficiency ratios could be used to measure how well Impinj manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.14. The current Return On Capital Employed is estimated to decrease to -0.14. As of now, Impinj's Other Assets are increasing as compared to previous years. The Impinj's current Debt To Assets is estimated to increase to 0.86, while Total Assets are projected to decrease to under 188 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.28 | 0.89 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 0.02 | 0.02 | |
| Enterprise Value Over EBITDA | (97.22) | (92.36) | |
| Price Book Value Ratio | 70.57 | 74.09 | |
| Enterprise Value Multiple | (97.22) | (92.36) | |
| Price Fair Value | 70.57 | 74.09 | |
| Enterprise Value | 326.1 M | 289.9 M |
The analysis of Impinj's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Impinj's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Impinj Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.849 |
Basic technical analysis of Impinj Stock
As of the 16th of May 2024, Impinj retains the Downside Deviation of 2.63, risk adjusted performance of 0.1123, and Market Risk Adjusted Performance of (3.02). Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Impinj Inc, as well as the relationship between them. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Impinj Inc, which can be compared to its competitors. Please check out Impinj Inc variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Impinj is priced fairly, providing market reflects its last-minute price of 169.61 per share. Given that Impinj Inc has jensen alpha of 0.7389, we strongly advise you to confirm Impinj Inc's regular market performance to make sure the company can sustain itself at a future point.Impinj's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Impinj insiders, such as employees or executives, is commonly permitted as long as it does not rely on Impinj's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Impinj insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Impinj's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Impinj's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1123 | |||
| Market Risk Adjusted Performance | (3.02) | |||
| Mean Deviation | 2.45 | |||
| Semi Deviation | 2.07 | |||
| Downside Deviation | 2.63 | |||
| Coefficient Of Variation | 603.98 | |||
| Standard Deviation | 4.41 | |||
| Variance | 19.42 | |||
| Information Ratio | 0.145 | |||
| Jensen Alpha | 0.7389 | |||
| Total Risk Alpha | 0.1513 | |||
| Sortino Ratio | 0.2428 | |||
| Treynor Ratio | (3.03) | |||
| Maximum Drawdown | 31.87 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 5.16 | |||
| Downside Variance | 6.93 | |||
| Semi Variance | 4.29 | |||
| Expected Short fall | (2.77) | |||
| Skewness | 4.03 | |||
| Kurtosis | 24.66 |
| Risk Adjusted Performance | 0.1123 | |||
| Market Risk Adjusted Performance | (3.02) | |||
| Mean Deviation | 2.45 | |||
| Semi Deviation | 2.07 | |||
| Downside Deviation | 2.63 | |||
| Coefficient Of Variation | 603.98 | |||
| Standard Deviation | 4.41 | |||
| Variance | 19.42 | |||
| Information Ratio | 0.145 | |||
| Jensen Alpha | 0.7389 | |||
| Total Risk Alpha | 0.1513 | |||
| Sortino Ratio | 0.2428 | |||
| Treynor Ratio | (3.03) | |||
| Maximum Drawdown | 31.87 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 5.16 | |||
| Downside Variance | 6.93 | |||
| Semi Variance | 4.29 | |||
| Expected Short fall | (2.77) | |||
| Skewness | 4.03 | |||
| Kurtosis | 24.66 |
Consider Impinj's intraday indicators
Impinj intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Impinj stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 27678.48 | |||
| Daily Balance Of Power | (0.69) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 171.59 | |||
| Day Typical Price | 170.93 | |||
| Price Action Indicator | (4.61) | |||
| Period Momentum Indicator | (5.26) |
Impinj Corporate Filings
F4 | 3rd of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 24th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 12th of April 2024 Other Reports | ViewVerify | |
| 8th of April 2024 Other Reports | ViewVerify |
Impinj Stock media impact
Far too much social signal, news, headlines, and media speculation about Impinj that are available to investors today. That information is available publicly through Impinj media outlets and privately through word of mouth or via Impinj internal channels. However, regardless of the origin, that massive amount of Impinj data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Impinj news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Impinj relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Impinj's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Impinj alpha.
Impinj Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Impinj can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Impinj Inc Historical Investor Sentiment
Investor biases related to Impinj's public news can be used to forecast risks associated with an investment in Impinj. The trend in average sentiment can be used to explain how an investor holding Impinj can time the market purely based on public headlines and social activities around Impinj Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Impinj's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Impinj and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Impinj news discussions. The higher the estimate score, the more favorable the investor's outlook on Impinj.
Impinj Maximum Pain Price across 2024-05-17 Option Contracts
Impinj's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Impinj close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Impinj's options.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Impinj without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Impinj Corporate Management
Elected by the shareholders, the Impinj's board of directors comprises two types of representatives: Impinj inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Impinj. The board's role is to monitor Impinj's management team and ensure that shareholders' interests are well served. Impinj's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Impinj's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christina Balam | Vice Resources | Profile | |
| Cary Baker | Chief Officer | Profile | |
| Andy CFA | VP Fin | Profile | |
| Yukio Morikubo | General Officer | Profile |
How to buy Impinj Stock?
To provide specific investment advice or recommendations on Impinj Inc stock, we recommend investors consider the following general factors when evaluating Impinj Inc. This will help you to make an informed decision on whether to include Impinj in one of your diversified portfolios:- Examine Impinj's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Impinj's leadership team and their track record. Good management can help Impinj navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact Impinj's business and its evolving consumer preferences.
- Compare Impinj's performance and market position to its competitors. Analyze how Impinj is positioned in terms of product offerings, innovation, and market share.
- Check if Impinj pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Impinj's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Impinj Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Impinj Inc is a good investment.
Already Invested in Impinj Inc?
The danger of trading Impinj Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Impinj is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Impinj. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Impinj Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Impinj Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Impinj's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Impinj Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Impinj Inc Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Impinj Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Impinj Stock analysis
When running Impinj's price analysis, check to measure Impinj's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Impinj is operating at the current time. Most of Impinj's value examination focuses on studying past and present price action to predict the probability of Impinj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Impinj's price. Additionally, you may evaluate how the addition of Impinj to your portfolios can decrease your overall portfolio volatility.
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Is Impinj's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Impinj. If investors know Impinj will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Impinj listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 11.046 | Quarterly Revenue Growth (0.11) | Return On Assets (0.07) | Return On Equity (0.10) |
The market value of Impinj Inc is measured differently than its book value, which is the value of Impinj that is recorded on the company's balance sheet. Investors also form their own opinion of Impinj's value that differs from its market value or its book value, called intrinsic value, which is Impinj's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Impinj's market value can be influenced by many factors that don't directly affect Impinj's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Impinj's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Impinj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Impinj's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.