Head to Head Contrast: Impinj (NASDAQ:PI) & Ascent Solar Technologies (NASDAQ:ASTI)

Impinj (NASDAQ:PIGet Free Report) and Ascent Solar Technologies (NASDAQ:ASTIGet Free Report) are both technology companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability.

Valuation and Earnings

This table compares Impinj and Ascent Solar Technologies”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 14.82 -$10.85 million ($0.92) -190.34
Ascent Solar Technologies $80,000.00 370.71 -$7.83 million ($1.48) -2.04

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

Volatility & Risk

Impinj has a beta of 1.92, meaning that its stock price is 92% more volatile than the S&P 500. Comparatively, Ascent Solar Technologies has a beta of 1.75, meaning that its stock price is 75% more volatile than the S&P 500.

Institutional and Insider Ownership

10.6% of Ascent Solar Technologies shares are owned by institutional investors. 6.8% of Impinj shares are owned by insiders. Comparatively, 4.1% of Ascent Solar Technologies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Impinj and Ascent Solar Technologies, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Impinj 1 3 7 0 2.55
Ascent Solar Technologies 1 1 1 0 2.00

Impinj currently has a consensus target price of $183.30, suggesting a potential upside of 4.68%. Ascent Solar Technologies has a consensus target price of $20.00, suggesting a potential upside of 562.25%. Given Ascent Solar Technologies’ higher probable upside, analysts clearly believe Ascent Solar Technologies is more favorable than Impinj.

Profitability

This table compares Impinj and Ascent Solar Technologies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Impinj -7.26% 5.23% 2.09%
Ascent Solar Technologies -4,217.19% -85.21% -64.83%

Summary

Impinj beats Ascent Solar Technologies on 9 of the 14 factors compared between the two stocks.

About Impinj

(Get Free Report)

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 Ascent Solar Technologies

(Get Free Report)

Ascent Solar Technologies, Inc., a solar technology company, engages in the manufacture and sale of photovoltaic solar modules in the United States. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and value-added resellers. It serves agrivoltaics, aerospace, satellites, near earth orbiting vehicles, and fixed wing unmanned aerial vehicles. Ascent Solar Technologies, Inc. was incorporated in 2005 and is headquartered in Thornton, Colorado.

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