Everspin Tech (NASDAQ:MRAM) versus Impinj (NASDAQ:PI) Financial Analysis

Impinj (NASDAQ:PI) and Everspin Tech (NASDAQ:MRAM) are both technology companies, but which is the superior stock? We will compare the two companies based on the strength of their valuation, profitability, dividends, analyst recommendations, institutional ownership, earnings and risk.

Risk and Volatility

Impinj has a beta of 1.94, meaning that its share price is 94% more volatile than the S&P 500. Comparatively, Everspin Tech has a beta of 1.88, meaning that its share price is 88% more volatile than the S&P 500.

Profitability

This table compares Impinj and Everspin Tech’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Impinj	-7.26%	5.23%	2.09%
Everspin Tech	-4.22%	7.73%	6.37%

Insider & Institutional Ownership

44.7% of Everspin Tech shares are held by institutional investors. 6.8% of Impinj shares are held by insiders. Comparatively, 6.3% of Everspin Tech shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Impinj and Everspin Tech”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Impinj	$371.52 million	14.38	-$10.85 million	($0.92)	-190.12
Everspin Tech	$55.20 million	6.15	-$590,000.00	($0.11)	-126.72

Everspin Tech has lower revenue, but higher earnings than Impinj. Impinj is trading at a lower price-to-earnings ratio than Everspin Tech, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current ratings for Impinj and Everspin Tech, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Impinj	1	3	7	0	2.55
Everspin Tech	1	0	2	0	2.33

Impinj presently has a consensus price target of $185.70, indicating a potential upside of 6.17%. Everspin Tech has a consensus price target of $22.00, indicating a potential upside of 57.83%. Given Everspin Tech’s higher probable upside, analysts plainly believe Everspin Tech is more favorable than Impinj.

Summary

Everspin Tech beats Impinj on 8 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 Everspin Tech

Everspin Technologies, Inc. engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.