Should I buy or sell IPG Photonics stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IPGP shares. View IPGP analyst ratings or view top-rated stocks .

What is IPG Photonics' stock price target for 2024?

6 brokers have issued twelve-month price objectives for IPG Photonics' stock. Their IPGP share price targets range from $93.00 to $170.00. On average, they anticipate the company's share price to reach $125.33 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price. View analysts price targets for IPGP or view top-rated stocks among Wall Street analysts .

How have IPGP shares performed in 2023?

IPG Photonics' stock was trading at $94.67 at the beginning of 2023. Since then, IPGP shares have increased by 5.0% and is now trading at $99.42. View the best growth stocks for 2023 here .

Are investors shorting IPG Photonics?

IPG Photonics saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 630,800 shares, an increase of 6.7% from the October 31st total of 591,000 shares. Based on an average daily trading volume, of 229,000 shares, the days-to-cover ratio is presently 2.8 days. Approximately 2.2% of the shares of the company are short sold. View IPG Photonics' Short Interest .

When is IPG Photonics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our IPGP earnings forecast .

How were IPG Photonics' earnings last quarter?

IPG Photonics Co. (NASDAQ:IPGP) released its quarterly earnings data on Tuesday, October, 31st. The semiconductor company reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.15. The semiconductor company had revenue of $301.40 million for the quarter, compared to the consensus estimate of $316.13 million. IPG Photonics had a net margin of 6.40% and a trailing twelve-month return on equity of 3.56%. IPG Photonics's quarterly revenue was down 13.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.47 earnings per share. Read the conference call transcript .

What ETFs hold IPG Photonics' stock?

ETFs with the largest weight of IPG Photonics (NASDAQ:IPGP) stock in their portfolio include Janus Henderson US Sustainable Equity ETF (SSPX) , ROBO Global Robotics & Automation ETF (ROBO) , Logan Capital Broad Innovative Growth ETF (LCLG) , First Trust Nasdaq Semiconductor ETF (FTXL) and Invesco Nasdaq Future Gen 200 ETF (QQQS) . Invesco PHLX Semiconductor ETF (SOXQ) .

How will IPG Photonics' stock buyback program work?

IPG Photonics announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, May 2nd 2023, which authorizes the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 3.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

What guidance has IPG Photonics issued on next quarter's earnings?

IPG Photonics updated its fourth quarter earnings guidance on Tuesday, October, 31st. The company provided earnings per share guidance of $0.80-1.10 for the period, compared to the consensus estimate of $1.05. The company issued revenue guidance of $270-300 million, compared to the consensus revenue estimate of $319.57 million.

What is Valentin P. Gapontsev's approval rating as IPG Photonics' CEO?

51 employees have rated IPG Photonics Chief Executive Officer Valentin P. Gapontsev on Glassdoor.com . Valentin P. Gapontsev has an approval rating of 86% among the company's employees.

What other stocks do shareholders of IPG Photonics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IPG Photonics investors own include NVIDIA (NVDA) , Netflix (NFLX) , Broadcom (AVGO) , Micron Technology (MU) , Alibaba Group (BABA) , Lam Research (LRCX) , Intel (INTC) , Tesla (TSLA) , AT&T (T) and Applied Materials (AMAT) .

Who are IPG Photonics' major shareholders?

IPG Photonics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include First Eagle Investment Management LLC (9.08%), Lazard Asset Management LLC (2.15%), Sumitomo Mitsui Trust Holdings Inc. (1.99%), Invesco Ltd. (1.78%), Bank of New York Mellon Corp (1.03%) and Charles Schwab Investment Management Inc. (0.81%). Insiders that own company stock include Alexander Ovtchinnikov , Eric Meurice , Eugene A Shcherbakov , Fibre Devices Ltd Ip, Igor Samartsev , Jeanmarie F Desmond , Timothy Pv Mammen , Trevor Ness and Valentin Gapontsev Trust I. View institutional ownership trends .

How do I buy shares of IPG Photonics?

Shares of IPGP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does IPG Photonics have any subsidiaries?

The following companies are subsidiares of IPG Photonics: Genesis Systems Group, ILT, IPG Laser GmbH, JPSA, Laser Depth Dynamics, Menara Networks, NTO IRE-Polus, Pi-Tecnologia S.A., RC, and Submarine Networks Division of Padtec SA. Read More

IPG Photonics Stock Price, News & Analysis (NASDAQ:IPGP)

$99.42

-0.58 (-0.58%)

(As of 12/8/2023 ET)

Compare

Today's Range: $98.96
▼
$100.71
50-Day Range: $83.71
▼
$100.75
52-Week Range: $83.00
▼
$141.85

Volume: 146,918 shs
Average Volume: 144,478 shs
Market Capitalization: $4.66 billion

P/E Ratio: 54.63
Dividend Yield: N/A
Price Target: $125.33

IPG Photonics MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 26.1% Upside
$125.33 Price Target
Short Interest: Healthy
2.17% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.76
Upright™ Environmental Score
News Sentiment: 0.38
Based on 10 Articles This Week
Insider Trading: Selling Shares
$4.06 M Sold Last Quarter
Proj. Earnings Growth: 8.32%
From $4.69 to $5.08 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.71 out of 5 stars

Computer And Technology Sector

47th out of 586 stocks

Semiconductors & Related Devices Industry

10th out of 87 stocks

3.4

Analyst's Opinion

Consensus Rating
IPG Photonics has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $125.33, IPG Photonics has a forecasted upside of 26.1% from its current price of $99.42.
Amount of Analyst Coverage
IPG Photonics has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.17% of the float of IPG Photonics has been sold short.
Short Interest Ratio / Days to Cover
IPG Photonics has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in IPG Photonics has recently increased by 6.73%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
IPG Photonics does not currently pay a dividend.
Dividend Growth
IPG Photonics does not have a long track record of dividend growth.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
IPG Photonics has received a 30.87% net impact score from Upright. Ipg Photonics seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is false driven by its "Amplifiers" and "Laser cutting machines" products. See details.
Environmental Sustainability
The Environmental Impact score for IPG Photonics is -0.76.

2.4

News and Social Media Coverage

News Sentiment
IPG Photonics has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for IPG Photonics this week, compared to 4 articles on an average week.
Search Interest
Only 2 people have searched for IPGP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
4 people have added IPG Photonics to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IPG Photonics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,064,335.00 in company stock.
Percentage Held by Insiders
37.10% of the stock of IPG Photonics is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
59.07% of the stock of IPG Photonics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for IPG Photonics are expected to grow by 8.32% in the coming year, from $4.69 to $5.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IPG Photonics is 54.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of IPG Photonics is 54.63, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 236.34.
Price to Earnings Growth Ratio
IPG Photonics has a PEG Ratio of 4.61. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
IPG Photonics has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About IPG Photonics Stock (NASDAQ:IPGP)

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. The company's 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. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks; and ytterbium and thulium specialty fiber amplifiers and broadband light sources. In addition, the company offers integrated laser systems; 2D compact flat sheet cutter systems and multi-axis systems; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems; and optical transceiver and transponder modules for data center, optical, and communications network of oil and gas utilities. Its laser solutions are also used in materials processing, communications, and medical and advanced applications. The company markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. IPG Photonics Corporation was founded in 1990 and is headquartered in Oxford, Massachusetts.

IPGP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IPGP Stock News Headlines

December 9, 2023 | americanbankingnews.com

IPG Photonics Co. (NASDAQ:IPGP) Expected to Post Q1 2024 Earnings of $0.98 Per Share

December 6, 2023 | finance.yahoo.com

2 Laser Systems Stocks to Watch in a Challenging Industry

December 10, 2023 | DTI Trader (Ad)

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December 5, 2023 | americanbankingnews.com

IPG Photonics (NASDAQ:IPGP) Earns Buy Rating from Stifel Nicolaus

December 4, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: IPG Photonics (IPGP), MongoDB (MDB) and Infineon Technologies AG (OtherIFNNF)

December 4, 2023 | americanbankingnews.com

IPG Photonics Co. (NASDAQ:IPGP) Short Interest Update

November 30, 2023 | americanbankingnews.com

Insider Selling: IPG Photonics Co. (NASDAQ:IPGP) Major Shareholder Sells 8,250 Shares of Stock

November 24, 2023 | morningstar.com

IPG Photonics Corp IPGP

December 10, 2023 | DTI Trader (Ad)

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November 13, 2023 | finance.yahoo.com

Calculating The Fair Value Of IPG Photonics Corporation (NASDAQ:IPGP)

November 10, 2023 | seekingalpha.com

IPG Photonics: Just Going Through The Motions

November 7, 2023 | finance.yahoo.com

IPG Photonics and Miller Electric Mfg. LLC Announce Strategic Technology Collaboration to Deliver Leading Laser Solutions to the Handheld Welding Market

November 3, 2023 | msn.com

Vehicle crashes into lobby of Marlborough, Massachusetts, business

November 1, 2023 | finance.yahoo.com

IPG Photonics Corporation (NASDAQ:IPGP) Q3 2023 Earnings Call Transcript

November 1, 2023 | finanznachrichten.de

ROUNDUP: IPG Photonics Sees Q4 Earnings, Revenues Below Market

November 1, 2023 | markets.businessinsider.com

IPG Photonics Corporation Announces Retreat In Q3 Income, but beats estimates

November 1, 2023 | markets.businessinsider.com

IPG Photonics Sees Q4 Earnings, Revenues Below Market - Update

November 1, 2023 | finance.yahoo.com

Q3 2023 IPG Photonics Corp Earnings Call