Impinj (NASDAQ:PI – Get Free Report) and indie Semiconductor (NASDAQ:INDI – Get Free Report) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, dividends, analyst recommendations and valuation.
Volatility & Risk
Impinj has a beta of 1.52, suggesting that its stock price is 52% more volatile than the S&P 500. Comparatively, indie Semiconductor has a beta of 2.54, suggesting that its stock price is 154% more volatile than the S&P 500.
Earnings and Valuation
This table compares Impinj and indie Semiconductor”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Impinj | $366.09 million | 14.31 | $40.84 million | ($0.44) | -395.48 |
| indie Semiconductor | $216.68 million | 3.58 | -$132.60 million | ($0.75) | -4.71 |
Impinj has higher revenue and earnings than indie Semiconductor. Impinj is trading at a lower price-to-earnings ratio than indie Semiconductor, indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations
This is a summary of current ratings and recommmendations for Impinj and indie Semiconductor, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Impinj | 1 | 3 | 7 | 0 | 2.55 |
| indie Semiconductor | 1 | 1 | 5 | 0 | 2.57 |
Impinj currently has a consensus target price of $226.33, suggesting a potential upside of 30.07%. indie Semiconductor has a consensus target price of $6.60, suggesting a potential upside of 86.97%. Given indie Semiconductor’s stronger consensus rating and higher possible upside, analysts clearly believe indie Semiconductor is more favorable than Impinj.
Institutional and Insider Ownership
67.7% of indie Semiconductor shares are owned by institutional investors. 12.4% of Impinj shares are owned by insiders. Comparatively, 5.6% of indie Semiconductor shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Profitability
This table compares Impinj and indie Semiconductor’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Impinj | -3.45% | 8.15% | 2.83% |
| indie Semiconductor | -66.84% | -28.84% | -13.60% |
Summary
Impinj beats indie Semiconductor on 9 of the 14 factors compared between the two stocks.
About Impinj
Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company’s platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that consists of reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enable its partners to solve enterprise business problems, such as retail self-checkout and loss prevention. The company primarily serves retail, supply chain and logistics, automotive, aviation, banking, datacenters, food, healthcare, industrial and manufacturing, linen and uniform tracking, sports, and travel industries through original equipment and device manufacturers, tag service bureaus, systems integrators, value-added resellers, independent software vendors, and other solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.
About indie Semiconductor
indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicle, in-cabin, connected car, and electrification applications in the United States, South America, rest of North America, Greater China, South Korea, rest of the Asia Pacific, and Europe. It offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; and side/inside cameras for blind spot and lane change assist, and driver behavior monitoring. The company also provides LiDAR for distance, speed, and obstacle detection, collision avoidance, and emergency brake system; and long range RADAR for audio assistance, obstacle detection, and ACC stop and go. In addition, it designs and manufactures photonic components on various technology platforms, including fiber Bragg gratings, low-noise lasers, athermal and tunable packaging, photonic integration, and low-noise and high-speed electronics. The company was founded in 2007 and is headquartered in Aliso Viejo, California.
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