IPG Photonics (NASDAQ:IPGP) Hits New 52-Week High - Time to Buy?

Key Points

• IPG Photonics reached a new 52-week high of $88.74 during trading on Monday, following a rise in its stock value.
• Analysts have varied opinions on the stock, with recent upgrades leading to price targets as high as $97.00 from firms like Roth Capital and Sanford C. Bernstein.
• The company reported earnings of $0.30 per share, beating expectations, but showed a 2.7% decline in revenue year-over-year.

IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $88.74 and last traded at $88.36, with a volume of 133607 shares trading hands. The stock had previously closed at $84.66.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on IPGP shares. Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Roth Capital set a $96.00 price target on shares of IPG Photonics and gave the company a "buy" rating in a research report on Monday. Sanford C. Bernstein upgraded shares of IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price target on the stock in a research note on Thursday, August 7th. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of IPG Photonics in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $78.50.

IPG Photonics Stock Up 4.2%

The firm's 50-day simple moving average is $79.99 and its 200-day simple moving average is $70.23. The firm has a market capitalization of $3.72 billion, a PE ratio of -18.00, a price-to-earnings-growth ratio of 23.47 and a beta of 0.98.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last released its earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.20. The company had revenue of $250.72 million during the quarter, compared to analyst estimates of $228.20 million. IPG Photonics had a positive return on equity of 2.25% and a negative net margin of 22.77%.IPG Photonics's revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.45 EPS. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. On average, equities research analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Insiders Place Their Bets

In other IPG Photonics news, Director Eugene A. Scherbakov sold 2,700 shares of the business's stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $81.81, for a total value of $220,887.00. Following the transaction, the director owned 70,130 shares in the company, valued at approximately $5,737,335.30. The trade was a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $82.10, for a total transaction of $2,873,500.00. Following the sale, the insider owned 6,849,837 shares of the company's stock, valued at approximately $562,371,617.70. This represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 138,083 shares of company stock worth $11,219,383. 39.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in IPGP. Alliancebernstein L.P. lifted its position in shares of IPG Photonics by 1,918.3% in the 1st quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company's stock worth $90,242,000 after purchasing an additional 1,358,428 shares during the period. Lazard Asset Management LLC lifted its holdings in IPG Photonics by 81.3% in the second quarter. Lazard Asset Management LLC now owns 1,899,461 shares of the semiconductor company's stock worth $130,397,000 after buying an additional 851,869 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its position in IPG Photonics by 85.8% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,774,660 shares of the semiconductor company's stock valued at $121,830,000 after acquiring an additional 819,575 shares in the last quarter. M&G PLC grew its holdings in shares of IPG Photonics by 263.9% during the 2nd quarter. M&G PLC now owns 600,020 shares of the semiconductor company's stock worth $41,401,000 after acquiring an additional 435,122 shares during the period. Finally, AQR Capital Management LLC grew its holdings in shares of IPG Photonics by 188.6% during the 1st quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company's stock worth $40,208,000 after acquiring an additional 416,186 shares during the period. 93.79% of the stock is currently owned by institutional investors.

About IPG Photonics

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories.

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