Impinj (NASDAQ:PI – Get Free Report) and Nova (NASDAQ:NVMI – Get Free Report) are both computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, analyst recommendations, earnings, institutional ownership, dividends, valuation and risk.
Profitability
This table compares Impinj and Nova’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Impinj | -3.00% | 8.49% | 3.11% |
| Nova | 29.44% | 24.14% | 14.79% |
Earnings & Valuation
This table compares Impinj and Nova”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Impinj | $361.08 million | 10.13 | -$10.85 million | ($0.39) | -310.36 |
| Nova | $880.58 million | 14.82 | $183.76 million | $8.01 | 55.40 |
Nova has higher revenue and earnings than Impinj. Impinj is trading at a lower price-to-earnings ratio than Nova, indicating that it is currently the more affordable of the two stocks.
Analyst Ratings
This is a summary of recent ratings and price targets for Impinj and Nova, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Impinj | 2 | 3 | 5 | 0 | 2.30 |
| Nova | 0 | 1 | 8 | 0 | 2.89 |
Impinj presently has a consensus target price of $166.56, suggesting a potential upside of 37.60%. Nova has a consensus target price of $426.63, suggesting a potential downside of 3.86%. Given Impinj’s higher possible upside, equities research analysts plainly believe Impinj is more favorable than Nova.
Volatility and Risk
Impinj has a beta of 1.56, suggesting that its share price is 56% more volatile than the S&P 500. Comparatively, Nova has a beta of 1.84, suggesting that its share price is 84% more volatile than the S&P 500.
Institutional and Insider Ownership
83.0% of Nova shares are owned by institutional investors. 12.4% of Impinj shares are owned by insiders. Comparatively, 1.0% of Nova shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Summary
Nova beats Impinj on 12 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 Nova
Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. Nova Ltd. was incorporated in 1993 and is headquartered in Rehovot, Israel.
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