IPG Photonics Corporation (IPGP) - What Are Analysts Thinking About This Stock?

Key Points

• Analysts have a “Moderate Buy” consensus on IPG Photonics, with five buy, two hold and one sell rating. The average 12-month price target is $142.60.
• IPG Photonics reported quarterly EPS of $0.58, exceeding the $0.37 consensus estimate, while revenue rose 11.1% year over year to $278.58 million.
• The stock opened at $78.27, near its 52-week low of $69.41 and well below its $155.82 high. Institutional investors own 93.79% of shares, while insiders own 37.50%.

IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $142.60.

IPGP has been the topic of several research reports. Weiss Ratings restated a "sell (d+)" rating on shares of IPG Photonics in a report on Monday, September 21st. Needham & Company LLC lifted their price objective on shares of IPG Photonics from $110.00 to $120.00 and gave the company a "buy" rating in a report on Friday, July 17th. Finally, Citigroup decreased their target price on shares of IPG Photonics from $150.00 to $137.00 and set a "buy" rating for the company in a research report on Tuesday, August 11th.

Insider Buying and Selling

In other news, major shareholder Fibre Devices Ltd Ip sold 27,000 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $85.81, for a total value of $2,316,870.00. Following the completion of the sale, the insider directly owned 6,436,302 shares of the company's stock, valued at $552,299,074.62. This represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Peeler bought 2,710 shares of the company's stock in a transaction dated Wednesday, August 26th. The stock was bought at an average price of $73.58 per share, for a total transaction of $199,401.80. Following the acquisition, the director directly owned 20,886 shares of the company's stock, valued at approximately $1,536,791.88. This represents a 14.91% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 160,959 shares of company stock worth $14,754,428 over the last 90 days. Company insiders own 37.50% of the company's stock.

Institutional Investors Weigh In On IPG Photonics

Several institutional investors have recently bought and sold shares of IPGP. Oregon Public Employees Retirement Fund increased its position in IPG Photonics by 2.0% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 5,139 shares of the semiconductor company's stock valued at $589,000 after purchasing an additional 100 shares during the period. State of Michigan Retirement System raised its holdings in IPG Photonics by 1.7% in the 1st quarter. State of Michigan Retirement System now owns 6,100 shares of the semiconductor company's stock worth $699,000 after purchasing an additional 100 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of IPG Photonics by 17.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 915 shares of the semiconductor company's stock worth $105,000 after purchasing an additional 133 shares during the period. Versant Capital Management Inc lifted its position in shares of IPG Photonics by 42.2% in the 3rd quarter. Versant Capital Management Inc now owns 495 shares of the semiconductor company's stock worth $39,000 after purchasing an additional 147 shares during the period. Finally, Byrne Asset Management LLC boosted its stake in shares of IPG Photonics by 13.8% during the 3rd quarter. Byrne Asset Management LLC now owns 1,348 shares of the semiconductor company's stock valued at $113,000 after purchasing an additional 163 shares in the last quarter. Institutional investors own 93.79% of the company's stock.

IPG Photonics Stock Up 0.7%

NASDAQ IPGP opened at $78.27 on Friday. The company has a market cap of $3.33 billion, a price-to-earnings ratio of 120.42, a P/E/G ratio of 1.88 and a beta of 0.97. IPG Photonics has a 52 week low of $69.41 and a 52 week high of $155.82. The business has a 50 day moving average price of $79.89 and a 200-day moving average price of $100.23.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.37 by $0.21. IPG Photonics had a return on equity of 3.39% and a net margin of 2.58%. The company had revenue of $278.58 million for the quarter, compared to analysts' expectations of $279.98 million. During the same period last year, the business earned $0.16 EPS. IPG Photonics's quarterly revenue was up 11.1% compared to the same quarter last year. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. On average, equities research analysts anticipate that IPG Photonics will post 1.86 earnings per share for the current year.

About IPG Photonics

IPG Photonics Corporation NASDAQ: IPGP develops and manufactures high-performance fiber lasers and related optical systems. Its products include fiber, diode, solid-state, ultrafast and pulsed lasers, as well as optical amplifiers, beam-delivery systems and other components used in industrial and specialized applications.

The company's laser technologies are used for materials processing, including cutting, welding, marking, engraving, drilling, cladding and additive manufacturing. IPG Photonics also supplies systems and solutions for applications in communications, medical technology, scientific research, entertainment and other markets that require precision light sources.

Founded in 1990 by physicist Valentin Gapontsev, IPG Photonics is headquartered in Oxford, Massachusetts.

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