PI

Impinj Inc

TMT


Presented:04/25/2017
Price:$37.46
Cap:$0.77B
Current Price:$233.25
Cap:$6.56B

Presented

Date04/25/2017
Price$37.46
Market Cap$0.77B
Ent Value$0.64B
P/E RatioN/A
Book Value$6.10
Div Yield0.62%
Shares O/S20.67M
Ave Daily Vol739,590
Short Int33.15%

Current

Price$233.25
Market Cap$6.56B
Impinj, Inc. provides ultra high frequency radio frequency identification solutions for identifying, locating and authenticating items. It develops and sales Item Intelligence products and services. Its platform connects everyday items such as apparel, medical supplies, automobile parts, rivers' licenses, food, and luggage to applications. It's applications includes inventory management, patient safety, asset tracking and item authentication, delivering real time information to businesses about items created, manage, transport, and sell. The company was founded by Carver Mead and Chris Diorio in April 2000 and is headquartered in Seattle, WA.

Publicly traded companies mentioned herein: Impinj Inc (PI), Zebra Technologies Corp (ZBRA)

Highlights

The presenter is short shares of Impinj (PI), stating that PI’s RAIN RFID technology is not meaningfully differentiated from existing RFID technologies, and that the company is trading at inflated multiples versus comps. The presenter has a probability weighted price target of $10 per share, versus $36 today, assuming growth slows and multiples compress.

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Idea Discussion

Commentor 1 - 2 weeks ago

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