Impinj Inc Shares Close the Day 10.2% Higher - Daily Wrap

The company saw its shares close the day 10.2% higher than yesterday, with trading volume higher than its 30 day average.

May 13, 2022 by Kwhen Finance Editors

Impinj Inc Shares Close the Day 10.2% Higher - Daily Wrap
Impinj Inc (PI) shares closed today 10.2% higher than it did at the end of yesterday. The stock is currently down 46.9% year-to-date, up 0.6% over the past 12 months, and up 19.4% over the past five years. Today, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 2.4%.

Trading Activity

  • Shares traded as high as $47.77 and as low as $39.74 this week.
  • Shares closed 50.1% below its 52-week high and 18.7% above its 52-week low.
  • Trading volume this week was 20.0% lower than the 10-day average and 8.0% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 2.4.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $-46,909,000 in earnings before interest and taxes from $136 million in revenue. It currently holds $119 million in cash and $112 million in debt.
  • Its forward price-to-earnings (P/E) ratio of -427.64084228813095 is lower than its current P/E ratio of -22.86, implying that analysts are expecting an increase in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.13. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 2.48 which means it currently has $2.48 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 14.51. This means that the stock is trading at a premium of 15 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 9.19.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 8.93.

P/E

-22.86

EBITDA

$-46,909,000

P/Book

14.51

Mkt Cap

$1B

P/Sales

9.19

Revenue

$136M

EPS (TTM)

-2.13

PEG Ratio

0.13

EV/Revenue

8.93

Total Cash

$119M

Debt/Equity

2.48

Forward P/E

-427.64

Current Debt

$112M

Gross Profit

$65M

Dividend Date

-

Earnings Date

2022-07-27

Profit Margin

-0.42

Revenue/Share

5.66

Total Revenue

$136M

Enterprise Val

$1B

Put/Call Ratio

0.77

Revenue/Employee

655524.04

Market Comparative Performance

  • The company's share price beats the S&P 500 Index today, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price beats the performance of its peers in the Information Technology industry sector today, beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Impinj Inc10.2-46.90.6-53.610.4
Dow Jones Industrial Average1.4-10.9-3.7-12.92.5
S&P 500 Index2.4-15.2-0.8-17.13.0
Information Technology3.8-24.5-3.3-28.23.9

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by 30.4%
  • The company's stock price performance over the past 12 months beats the peer average by -101.7%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Impinj IncPI-22.9-46.90.6-53.610.4
Peer AvgN/A-6.0-36.0-37.0-53.623.7
Impinj IncPI-22.9-46.90.6-53.610.4
Nano Dimension Ltd - ADRNNDM0-32.9-59.1-74.111.1
Oblong IncOBLG-1.1-64.0-89.5-86.973.3

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