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

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.

Some of the growth metrics of NASDAQ:PI highlighted

• With a favorable Return on Equity (ROE) of 53.56%, IMPINJ INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• IMPINJ INC has surpassed EPS estimates 3 times 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.
• IMPINJ INC has achieved significant 1-year revenue growth of 44.01%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• With impressive quarter-to-quarter (Q2Q) revenue growth of 29.61%, IMPINJ INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• 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.
• 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 quarterly earnings of IMPINJ INC have shown a 433.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• Over the past 3 months, analysts have adjusted their EPS Estimate for IMPINJ INC with a 22.37% change. This highlights the evolving outlook on the company's EPS potential.
• The quarterly earnings of IMPINJ INC have shown a 433.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• accelerating EPS growth for IMPINJ INC: the current Q2Q growth of 433.0% exceeds the previous year Q2Q growth of -78.05%.

What is the full fundamental picture of NASDAQ:PI telling us.

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various 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. Both the profitability and the financial health of PI get a neutral evaluation. Nothing too spectacular is happening here. PI is growing strongly while it is still valued neutral. This is a good combination!

For an up to date full fundamental analysis you can check the fundamental report of PI

More growth stocks can be found 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.