Seaport Res Ptn Forecasts Reduced Earnings for IPG Photonics

Key Points

• Seaport Res Ptn has lowered its Q4 2026 EPS estimate for IPG Photonics from $0.63 to $0.53, reflecting a cautious outlook for the semiconductor company.
• IPG Photonics reported $0.30 earnings per share for the recent quarter, exceeding analysts' expectations of $0.10, along with revenue of $250.72 million, surpassing estimates of $228.20 million.
• Despite a negative net margin of 22.77%, IPG Photonics has received a "Hold" consensus rating from analysts with an average price target of $75.00.

IPG Photonics Corporation (NASDAQ:IPGP - Free Report) - Seaport Res Ptn cut their Q4 2026 EPS estimates for IPG Photonics in a research report issued on Tuesday, August 5th. Seaport Res Ptn analyst S. Graham now anticipates that the semiconductor company will earn $0.53 per share for the quarter, down from their previous estimate of $0.63. The consensus estimate for IPG Photonics' current full-year earnings is $1.54 per share.

Several other research firms have also commented on IPGP. Raymond James Financial lowered their price objective on IPG Photonics from $80.00 to $70.00 and set a "strong-buy" rating on the stock in a research report on Wednesday, May 7th. Sanford C. Bernstein raised IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 target price on the stock in a report on Thursday. Stifel Nicolaus set a $72.00 target price on IPG Photonics in a research report on Monday, April 28th. Finally, Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a research report on Saturday. One analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $75.00.

IPG Photonics Trading Down 0.2%

Shares of IPGP traded down $0.17 during trading hours on Thursday, reaching $75.10. 101,694 shares of the stock traded hands, compared to its average volume of 303,684. The company's 50-day moving average price is $71.88 and its two-hundred day moving average price is $65.62. The company has a market cap of $3.17 billion, a P/E ratio of -15.38, a price-to-earnings-growth ratio of 21.55 and a beta of 0.88. IPG Photonics has a 52-week low of $48.59 and a 52-week high of $88.50.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.20. IPG Photonics had a positive return on equity of 2.25% and a negative net margin of 22.77%. The business had revenue of $250.72 million for the quarter, compared to analysts' expectations of $228.20 million. During the same period in the previous year, the firm earned $0.45 EPS. The business's quarterly revenue was down 2.7% on a year-over-year basis.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of IPGP. Alliancebernstein L.P. grew its position in shares of IPG Photonics by 1,918.3% during the first quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company's stock worth $90,242,000 after buying an additional 1,358,428 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings 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 worth $121,830,000 after buying an additional 819,575 shares during the period. M&G PLC raised its holdings in 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 buying an additional 435,122 shares during the period. AQR Capital Management LLC grew its stake in IPG Photonics by 188.6% in the first quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company's stock valued at $40,208,000 after purchasing an additional 416,186 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new position in IPG Photonics in the first quarter worth approximately $11,516,000. 93.79% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Jeanmarie F. Desmond sold 1,360 shares of the stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $76.24, for a total value of $103,686.40. Following the completion of the sale, the director directly owned 9,740 shares in the company, valued at $742,577.60. This represents a 12.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 39.50% of the company's stock.

IPG Photonics Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 1.8%.

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.