Impinj, Inc. (PI) Analysts See $-0.49 EPS; Ark Web X.0 Etf (NYSEARCA:ARKW) Shorts Decreased By 34.98%

May 6, 2018 - By Darrin Black

Analysts expect Impinj, Inc. (NASDAQ:PI) to report $-0.49 EPS on May, 7 after the close.They anticipate $0.42 EPS change or 600.00% from last quarter’s $-0.07 EPS. After having $-0.28 EPS previously, Impinj, Inc.’s analysts see 75.00% EPS growth. The stock increased 3.50% or $0.44 during the last trading session, reaching $13.01. About 440,164 shares traded. Impinj, Inc. (NASDAQ:PI) has declined 55.60% since May 6, 2017 and is downtrending. It has underperformed by 67.15% the S&P500.

Ark Web X.0 Etf (NYSEARCA:ARKW) had a decrease of 34.98% in short interest. ARKW’s SI was 32,900 shares in May as released by FINRA. Its down 34.98% from 50,600 shares previously. With 280,600 avg volume, 0 days are for Ark Web X.0 Etf (NYSEARCA:ARKW)’s short sellers to cover ARKW’s short positions. The ETF increased 1.43% or $0.72 during the last trading session, reaching $51.01. About 113,735 shares traded. ARK Web x.0 ETF (NYSEARCA:ARKW) has risen 79.80% since May 6, 2017 and is uptrending. It has outperformed by 68.25% the S&P500.

Among 9 analysts covering Impinj (NASDAQ:PI), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Impinj had 28 analyst reports since August 15, 2016 according to SRatingsIntel. Piper Jaffray maintained it with “Overweight” rating and $30 target in Thursday, September 1 report. The firm earned “Overweight” rating on Monday, August 15 by Piperjaffray. As per Thursday, November 2, the company rating was maintained by Canaccord Genuity. The firm has “Outperform” rating given on Thursday, September 1 by RBC Capital Markets. Morgan Stanley maintained Impinj, Inc. (NASDAQ:PI) rating on Thursday, November 2. Morgan Stanley has “Equal-Weight” rating and $29 target. The stock of Impinj, Inc. (NASDAQ:PI) has “Buy” rating given on Thursday, August 3 by RBC Capital Markets. The firm earned “Buy” rating on Friday, June 16 by RBC Capital Markets. The stock of Impinj, Inc. (NASDAQ:PI) has “Sector Weight” rating given on Tuesday, June 27 by Pacific Crest. The firm earned “Buy” rating on Thursday, August 3 by Piper Jaffray. Needham maintained the stock with “Buy” rating in Thursday, October 26 report.

Impinj, Inc. operates a platform that enables wireless connectivity to everyday items by delivering each items?? unique identity, location, and authenticity to business and consumer applications. The company has market cap of $277.35 million. The Company’s platform delivers Item Intelligence, which include real-time information about an item??s unique identity, location, and authenticity through RAIN radio-frequency identification technology. It currently has negative earnings. The company??s platform includes endpoint integrated circuits product, a miniature radios-on-a-chip that attach-to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs.

More important recent Impinj, Inc. (NASDAQ:PI) news were published by: Globenewswire.com which released: “Impinj Announces Enhanced Channel Partner Program” on April 09, 2018, also Benzinga.com published article titled: “Morgan Stanley Previews Semi Earnings, Expects Strong Nvidia Results Despite Crypto Concerns”, Nasdaq.com published: “TrackX Partners with Impinj on Enterprise Asset Management” on May 01, 2018. More interesting news about Impinj, Inc. (NASDAQ:PI) was released by: Globenewswire.com and their article: “New Research: Key Drivers of Growth for HTG Molecular Diagnostics, Impinj, XOMA, Stock Yards, TriCo Bancshares …” with publication date: May 02, 2018.

Another recent and important ARK Web x.0 ETF (NYSEARCA:ARKW) news was published by Investorplace.com which published an article titled: “5 ETFs to Ride on Tesla Q1 Growth Story” on May 03, 2018.

Impinj, Inc. (NASDAQ:PI) Ratings Chart

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