Why NASDAQ:PI qualifies as a high growth stock.

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.

Key Considerations for Growth Investors.

• 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 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.
• IMPINJ INC has demonstrated strong 1-year revenue growth of 34.61%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.
• 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.
• IMPINJ INC has experienced notable growth in its operating margin over the past year, reflecting improved operational performance. This growth suggests the company's ability to generate higher profits from its core business activities.
• With a favorable trend in its free cash flow (FCF) over the past year, IMPINJ INC demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• 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
• The average next Quarter EPS Estimate for IMPINJ INC has experienced a 39.11% change in the last 3 months, reflecting evolving expectations by analysts regarding the company's EPS performance.
• 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
• IMPINJ INC shows accelerating EPS growth: when comparing the current Q2Q growth of 14.0K% to the previous year Q2Q growth of -98.82%, we see the growth rate improving.

Fundamental analysis of NASDAQ:PI

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to PI. PI was compared to 108 industry peers in the Semiconductors & Semiconductor Equipment industry. PI has only an average score on both its financial health and profitability. PI is not overvalued while it is showing excellent growth. This is an interesting combination.

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

Our Lois Navellier screen will find you more ideas suited for growth investing.

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.