Head to Head Review: IMPINJ (NASDAQ:PI) and The Competition

IMPINJ (NASDAQ: PI) is one of 16 publicly-traded companies in the “Electronic components, not elsewhere classified” industry, but how does it weigh in compared to its peers? We will compare IMPINJ to similar businesses based on the strength of its institutional ownership, profitability, risk, earnings, analyst recommendations, valuation and dividends.

Profitability

How to Become a New Pot Stock Millionaire

This table compares IMPINJ and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
IMPINJ -13.82% -6.01% -4.62%
IMPINJ Competitors -23.22% -43.98% -9.44%



Analyst Ratings

This is a breakdown of current ratings and price targets for IMPINJ and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IMPINJ 0 6 1 0 2.14
IMPINJ Competitors 58 151 200 5 2.37

IMPINJ presently has a consensus price target of $24.17, suggesting a potential upside of 79.41%. As a group, “Electronic components, not elsewhere classified” companies have a potential upside of 29.20%. Given IMPINJ’s higher possible upside, analysts plainly believe IMPINJ is more favorable than its peers.

Risk & Volatility

IMPINJ has a beta of 1.54, indicating that its stock price is 54% more volatile than the S&P 500. Comparatively, IMPINJ’s peers have a beta of 0.69, indicating that their average stock price is 31% less volatile than the S&P 500.

Valuation and Earnings

This table compares IMPINJ and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
IMPINJ $125.30 million -$17.32 million -46.45
IMPINJ Competitors $2.10 billion $202.48 million 4.76

IMPINJ’s peers have higher revenue and earnings than IMPINJ. IMPINJ is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Insider and Institutional Ownership

79.4% of IMPINJ shares are owned by institutional investors. Comparatively, 48.7% of shares of all “Electronic components, not elsewhere classified” companies are owned by institutional investors. 15.2% of IMPINJ shares are owned by insiders. Comparatively, 11.6% of shares of all “Electronic components, not elsewhere classified” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

IMPINJ beats its peers on 7 of the 13 factors compared.

IMPINJ Company Profile

Impinj, Inc. operates a platform that enables wireless connectivity to everyday items by delivering each item's unique identity, location, and authenticity to business and consumer applications. The company's platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which 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. Its platform also consists of software layer that comprises ItemSense, an operating system for platform. In addition, the company's platform connects everyday items, such as apparel, medical supplies, automobile parts, drivers' licenses, food, and luggage to consumer and business applications, including inventory management, patient safety, asset tracking, and item authentication, as well as delivers real-time information to businesses about items they create, manage, transport, and sell. It primarily serves retail, healthcare, supply chain and logistics, airline, automotive, industrial and manufacturing, consumer experience, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Impinj, Inc. was founded in 2000 and is headquartered in Seattle, Washington.

Receive News & Ratings for IMPINJ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMPINJ and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply