Should you consider NASDAQ:PI for growth investing?

In this article we will dive into IMPINJ INC (NASDAQ:PI) as a possible candidate for growth investing. Investors should always do their own research, but we noticed IMPINJ INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Highlighting Notable Growth Metrics of NASDAQ:PI.

• With a solid Return on Equity (ROE) of 49.8%, IMPINJ INC exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• IMPINJ INC has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive 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.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 46.45%, IMPINJ INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• The operating margin of IMPINJ INC has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• IMPINJ INC has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
• The EPS of IMPINJ INC has exhibited growth from one quarter to another (Q2Q), with a 14.0K% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• The average next Quarter EPS Estimate by analysts was adjusted by 39.11%, reflecting the evolving market expectations for the company's EPS growth.
• 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 of NASDAQ:PI

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

Overall PI gets a fundamental rating of 5 out of 10. We evaluated PI against 108 industry peers in the Semiconductors & Semiconductor Equipment industry. PI has only an average score on both its financial health and profitability. PI shows excellent growth, but is valued quite expensive already.

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

More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.