PI Fundamental Analysis

Fundamental Outlook: PINeutralSource: Massive API
Composite: 44/100 · Confidence: 55%

PI's fundamental profile currently indicates mixed financial health, scoring 44/100 with a "Neutral" rating. The company has a weak Piotroski F-Score of 3/9, indicating deteriorating operational efficiency. The Altman Z-Score of 10.10 places PI comfortably in the safe zone, suggesting low default risk. On the momentum front, PI is trending downward with deteriorating quarterly earnings and margins.

Strong Sell (0)Neutral (50)Strong Buy (100)
Piotroski F-Score
2330%
Altman Z-Score
10020%
Earnings Momentum
1730%
Short Sentiment
6020%
Altman Z-Score: Safe zone
Piotroski F-Score: 3/9
Weak fundamentals
F1Positive ROA✓ Pass
F3Improving ROA✗ Fail
F5Decreasing Leverage✓ Pass
F6Improving Liquidity✗ Fail
F7No Dilution✗ Fail
F8Improving Gross Margin✓ Pass
F9Improving Asset Turnover✗ Fail
Altman Z-Score: 10.10Safe Zone
Original Z-Score (Manufacturing)
X1 (WC/TA)0.396
X2 (RE/TA)-0.773
X3 (EBIT/TA)-0.013
X4 (MktCap/TL)16.753
X5 (Rev/TA)0.695
Safe > 2.99 · Grey 1.81–2.99 · Distress < 1.81
Earnings Momentum
Aggregate: -0.80 (range: -2 to +2)
EPS Growth1 consecutive quarters improving
Revenue Growth▼▼0 consecutive quarters
Gross MarginStable
Operating Margin▼▼Contracting
Net MarginStable
Short Sentiment
Score: 60/100 (higher = more bullish)
SI% of Float3/510.5%
Days to Cover3/55.8 days
SVR Trend1/520d−50d: -296.3pts
SI Trend3/5-1.5%
About This Analysis

Piotroski F-Score is a 9-point scoring system developed by accounting professor Joseph Piotroski to assess the financial strength of a company. It evaluates profitability (ROA, operating cash flow, accruals), leverage and liquidity (debt ratio, current ratio, share dilution), and operating efficiency (gross margin, asset turnover). Scores of 7–9 indicate strong fundamentals, while 0–3 suggest weakness.

Altman Z-Score is a formula developed by professor Edward Altman that predicts the probability of a company entering bankruptcy within two years. It combines five financial ratios — working capital, retained earnings, EBIT, market capitalization, and revenue — all relative to total assets. A score above 2.99 suggests the company is financially safe, while below 1.81 indicates distress. The Z-Score is not applicable to financial-sector companies (banks, insurance).

Earnings Momentum tracks quarter-over-quarter trends in EPS growth, revenue, and profit margins to assess whether a company's financial trajectory is improving or deteriorating. Short Sentiment evaluates bearish market positioning using short interest as a percentage of float, days to cover, and short volume trends — a high score (inverted) indicates bullish sentiment.

Impinj (PI) — Fundamental Analysis