Why the growth investor may take a look at NASDAQ:PI.

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if IMPINJ INC (NASDAQ:PI) is suited for growth investing. Investors should of course do their own research, but we spotted IMPINJ INC showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

Key Considerations for Growth Investors.

• In terms of Return on Equity(ROE), IMPINJ INC is performing well, achieving a 49.8% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• IMPINJ INC has a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• The 1-year revenue growth of IMPINJ INC (34.61%) has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and expand its market share.
• The q2q revenue growth of 46.45% of IMPINJ INC highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• With a favorable trend in its operating margin over the past year, IMPINJ INC demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
• With positive growth in its free cash flow (FCF) over the past year, IMPINJ INC showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), IMPINJ INC highlights its ability to generate increasing profitability, showcasing a 14.0K% growth.
• Analysts' average next Quarter EPS Estimate for IMPINJ INC has witnessed a 33.27% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• The recent financial report of IMPINJ INC demonstrates a 14.0K% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• accelerating EPS growth for IMPINJ INC: the current Q2Q growth of 14.0K% exceeds the previous year Q2Q growth of -98.82%.

Fundamental Analysis Observations

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, PI scores 5 out of 10 in our fundamental rating. PI was compared to 108 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and the financial health of PI get a neutral evaluation. Nothing too spectacular is happening here. PI shows excellent growth, but is valued quite expensive already.

Our latest full fundamental report of PI contains the most current fundamental analsysis.

More growth stocks can be found in our Lois Navellier screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.