Roth Capital Begins Coverage on IPG Photonics (NASDAQ:IPGP)

Key Points

• Roth Capital has initiated coverage on IPG Photonics (NASDAQ:IPGP) with a buy rating, indicating positive outlook for the semiconductor company's stock.
• IPG Photonics reported earnings that exceeded analyst expectations with $0.30 EPS for the quarter, compared to a consensus estimate of $0.10.
• The stock has a current market capitalization of $3.59 billion and a 12-month high of $90.30, with analysts maintaining a consensus price target of $78.50.

Research analysts at Roth Capital assumed coverage on shares of IPG Photonics (NASDAQ:IPGP - Get Free Report) in a report issued on Monday, MarketBeat reports. The firm set a "buy" rating on the semiconductor company's stock.

A number of other research analysts have also recently issued reports on IPGP. Sanford C. Bernstein raised shares of IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price objective on the stock in a research note on Thursday, August 7th. Weiss Ratings restated a "sell (d)" rating on shares of IPG Photonics in a research report on Saturday, September 27th. Finally, Wall Street Zen upgraded shares of IPG Photonics from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, IPG Photonics currently has an average rating of "Moderate Buy" and a consensus price target of $78.50.

IPG Photonics Trading Down 3.5%

Shares of IPGP opened at $85.12 on Monday. IPG Photonics has a 12 month low of $48.59 and a 12 month high of $90.30. The firm's 50 day moving average is $80.12 and its 200-day moving average is $70.33. The stock has a market capitalization of $3.59 billion, a PE ratio of -17.37, a P/E/G ratio of 24.45 and a beta of 0.98.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last announced its earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.10 by $0.20. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The company had revenue of $250.72 million for the quarter, compared to analysts' expectations of $228.20 million. During the same period last year, the firm earned $0.45 earnings per share. The business's revenue for the quarter was down 2.7% on a year-over-year basis. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. Equities research analysts predict that IPG Photonics will post 1.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Jeanmarie F. Desmond sold 1,360 shares of the business's stock in a transaction on Friday, August 8th. The shares were sold at an average price of $76.24, for a total value of $103,686.40. Following the transaction, the director owned 9,740 shares in the company, valued at $742,577.60. The trade was a 12.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Valentin Gapontsev Trust I sold 14,180 shares of the business's stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $80.67, for a total transaction of $1,143,900.60. Following the completion of the transaction, the insider owned 7,059,099 shares in the company, valued at approximately $569,457,516.33. The trade was a 0.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 138,083 shares of company stock valued at $11,219,383 over the last quarter. 39.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On IPG Photonics

Several hedge funds and other institutional investors have recently bought and sold shares of IPGP. Wealth Enhancement Advisory Services LLC lifted its holdings in IPG Photonics by 4.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,274 shares of the semiconductor company's stock valued at $311,000 after buying an additional 194 shares during the period. GAMMA Investing LLC raised its holdings in shares of IPG Photonics by 7,604.8% during the first quarter. GAMMA Investing LLC now owns 12,944 shares of the semiconductor company's stock valued at $817,000 after purchasing an additional 12,776 shares during the period. Merit Financial Group LLC acquired a new position in shares of IPG Photonics during the first quarter valued at about $343,000. UMB Bank n.a. raised its holdings in shares of IPG Photonics by 107.5% during the first quarter. UMB Bank n.a. now owns 635 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 329 shares during the period. Finally, Pallas Capital Advisors LLC acquired a new position in shares of IPG Photonics during the first quarter valued at about $275,000. Institutional investors and hedge funds own 93.79% of the company's stock.

IPG Photonics Company Profile

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.