IPG Photonics Corporation (NASDAQ:IPGP) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• IPG Photonics holds a “Moderate Buy” consensus rating from eight analysts, with five buys, two holds and one sell. The average 12-month price target is $142.60.
• The company exceeded quarterly earnings expectations, reporting $0.58 per share versus the $0.37 consensus, while revenue rose 11.1% year over year to $278.58 million.
• IPGP opened at $75.14, near its 12-month low of $69.41 and well below its $155.82 high. Institutional investors own 93.79% of the stock, while insiders have sold $20.3 million in shares over the past three months.

Shares of IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report) have received an average rating of "Moderate Buy" from the eight analysts that are presently covering the stock, MarketBeat Ratings reports. One research 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 target price among analysts that have updated their coverage on the stock in the last year is $142.60.

IPGP has been the topic of a number of recent research reports. Needham & Company LLC lifted their target price on IPG Photonics from $110.00 to $120.00 and gave the stock a "buy" rating in a report on Friday, July 17th. Roth Capital reaffirmed a "buy" rating and set a $151.00 target price on shares of IPG Photonics in a report on Tuesday, May 19th. Weiss Ratings reiterated a "sell (d+)" rating on shares of IPG Photonics in a research report on Wednesday, June 24th. Finally, Citigroup dropped their price target on IPG Photonics from $150.00 to $137.00 and set a "buy" rating on the stock in a research note on Tuesday, August 11th.

Insider Activity

In other news, major shareholder Fibre Devices Ltd Ip sold 65,700 shares of IPG Photonics stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $103.64, for a total value of $6,809,148.00. Following the transaction, the insider directly owned 6,463,302 shares of the company's stock, valued at $669,856,619.28. This trade represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Peeler purchased 2,710 shares of the business's stock in a transaction dated Wednesday, August 26th. The shares were purchased 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 $1,536,791.88. This trade represents a 14.91% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have sold 211,285 shares of company stock valued at $20,320,899. Corporate insiders own 37.50% of the company's stock.

Institutional Trading of IPG Photonics

Several large investors have recently added to or reduced their stakes in IPGP. Oregon Public Employees Retirement Fund lifted its holdings in IPG Photonics by 2.0% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 5,139 shares of the semiconductor company's stock worth $589,000 after purchasing an additional 100 shares during the last quarter. State of Michigan Retirement System lifted its position in IPG Photonics by 1.7% during the 1st quarter. State of Michigan Retirement System now owns 6,100 shares of the semiconductor company's stock worth $699,000 after acquiring an additional 100 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in IPG Photonics by 17.0% during the first quarter. EverSource Wealth Advisors LLC now owns 915 shares of the semiconductor company's stock valued at $105,000 after acquiring an additional 133 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of IPG Photonics by 43.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 166 shares during the last quarter. Finally, Kera Capital Partners Inc. increased its stake in shares of IPG Photonics by 4.2% in the fourth quarter. Kera Capital Partners Inc. now owns 4,955 shares of the semiconductor company's stock worth $355,000 after purchasing an additional 200 shares during the period. 93.79% of the stock is owned by institutional investors and hedge funds.

IPG Photonics Price Performance

NASDAQ IPGP opened at $75.14 on Wednesday. IPG Photonics has a 12 month low of $69.41 and a 12 month high of $155.82. The company has a market capitalization of $3.20 billion, a P/E ratio of 115.60, a PEG ratio of 1.93 and a beta of 0.98. The company's 50 day simple moving average is $86.51 and its 200 day simple moving average is $105.48.

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 for the quarter, topping analysts' consensus estimates of $0.37 by $0.21. The firm had revenue of $278.58 million during the quarter, compared to analysts' expectations of $279.98 million. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the firm posted $0.16 earnings per share. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. On average, analysts anticipate that IPG Photonics will post 1.87 earnings per share for the current year.

About IPG Photonics

IPG Photonics Corporation develops and manufactures fiber lasers, fiber amplifiers and related photonics products for industrial, medical and other specialized applications. Its portfolio includes high-power, quasi-continuous-wave and pulsed fiber lasers, as well as laser systems, optical components and delivery equipment.

The company's products are used in materials processing applications such as cutting, welding, marking, drilling, cladding, brazing and additive manufacturing. IPG also serves markets including telecommunications, medical technology, scientific research and consumer electronics, where its optical and laser technologies support precision manufacturing and other specialized processes.

Founded in 1990 by physicist Valentin Gapontsev, IPG Photonics helped expand the use of fiber-based laser technology in industrial applications.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.