NASDAQ:IPGP - IPG Photonics Stock Price, News, & Analysis

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$154.88 +5.32 (+3.56 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$149.56
Today's Range$150.10 - $155.45
52-Week Range$104.64 - $261.77
Volume772,600 shs
Average Volume499,822 shs
Market Capitalization$8.27 billion
P/E Ratio20.99
Dividend YieldN/A
Beta1.8
IPG Photonics Corporation develops and manufactures a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The company's laser products include low, medium, and high power lasers; 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; laser diode chips and packaged laser diodes; 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, such as fiber to the home, fiber to the curb, passive optical networks, and dense wavelength division multiplexing (DWDM) networks; ytterbium and thulium specialty fiber amplifiers and broadband light sources; and single-frequency, linearly polarized, and polarization-maintaining versions of its amplifier products. In addition, the company offers interconnect, coarse wavelength division multiplexing, DWDM, and tunable-based pluggable interfaces to serve optical transmission needs; integrated laser systems; 2D flat sheet cutter systems and multi-axis systems; welding seam stepper and picker, a fiber laser welding tool; and specialized fiber laser systems for material processing applications. Its lasers and amplifiers are also used in materials processing, advanced communications, and medical 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.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
Current SymbolNASDAQ:IPGP
CUSIP44980X10
Phone508-373-1100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.46 billion
Cash Flow$9.4038 per share
Book Value$41.31 per share

Profitability

Net Income$347.61 million

Miscellaneous

Employees5,030
Market Cap$8.27 billion
OptionableOptionable

IPG Photonics (NASDAQ:IPGP) Frequently Asked Questions

What is IPG Photonics' stock symbol?

IPG Photonics trades on the NASDAQ under the ticker symbol "IPGP."

How were IPG Photonics' earnings last quarter?

IPG Photonics Co. (NASDAQ:IPGP) released its earnings results on Tuesday, February, 12th. The semiconductor company reported $1.40 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.43 by $0.03. The semiconductor company earned $330.10 million during the quarter, compared to the consensus estimate of $314.91 million. IPG Photonics had a return on equity of 18.66% and a net margin of 27.67%. IPG Photonics's revenue for the quarter was down 8.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.86 EPS. View IPG Photonics' Earnings History.

When is IPG Photonics' next earnings date?

IPG Photonics is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for IPG Photonics.

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

IPG Photonics issued an update on its earnings guidance on Tuesday, February, 12th. The company provided EPS guidance of for the period. IPG Photonics also updated its Q1 guidance to $1.00-1.20 EPS.

What price target have analysts set for IPGP?

14 analysts have issued twelve-month price objectives for IPG Photonics' shares. Their forecasts range from $138.00 to $294.00. On average, they expect IPG Photonics' stock price to reach $182.60 in the next year. This suggests a possible upside of 17.9% from the stock's current price. View Analyst Price Targets for IPG Photonics.

What is the consensus analysts' recommendation for IPG Photonics?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for IPG Photonics.

What are Wall Street analysts saying about IPG Photonics stock?

Here are some recent quotes from research analysts about IPG Photonics stock:
  • 1. According to Zacks Investment Research, "IPG Photonics reported mixed fourth-quarter results, wherein the top line surpassed the Zacks Consensus Estimate but the bottom line missed the same. Moreover, both revenues and earnings decreased year over year. Macroeconomic environment and geopolitical factors reduced demand in China which impacted fourth-quarter revenues. Further, the company provided soft first-quarter guidance owing to foreign exchange currency fluctuations and geopolitical tension. Also, exposure to the materials processing markets and customer concentration are major headwinds. Further, tariffs and trade associated challenges in China and Europe are hampering company’s growth prospects. However, the company has a dominant position in the core material processing market on the back of its expertise in handling fiber lasers, which are more reliable, efficient, robust, compact and easier to operate than conventional lasers." (2/15/2019)
  • 2. Benchmark Co. analysts commented, "We hosted meetings between mid-West investors and IPG. The meetings focused on growth expectations, new products, and the competitive landscape." (5/21/2018)
  • 3. Canaccord Genuity analysts commented, "We believe guidance may be conservative given healthy demand for systems, high power, and additive manufacturing among other drivers, noting consumer electronics represents less than 10% of IPGP’s total revenue. Even with these positives, we believe IPGP will be range bound given decelerating Y/Y growth expected through Q3 and the fact that IPGP remains well off trough multiples. Our estimates are largely unchanged and our price target remains $235. Investment highlights IPGP reported Q1/18 earnings results of $359.9M in revenues and $1.93 in EPS. Results for the quarter exceeded CG estimates of $332.5M/$1.75, consensus of $346M/$1.79 and guidance of between $330M and $355M in revenues and EPS in the range of $1.62 to $1.87 on stronger than anticipated top line growth and gross margins." (5/1/2018)

Has IPG Photonics been receiving favorable news coverage?

Headlines about IPGP stock have trended somewhat positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. IPG Photonics earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned news coverage about the semiconductor company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future.

Who are some of IPG Photonics' key competitors?

Who are IPG Photonics' key executives?

IPG Photonics' management team includes the folowing people:
  • Dr. Valentin P. Gapontsev, Founder, Chairman & CEO (Age 80)
  • Mr. Timothy P. V. Mammen, Sr. VP & CFO (Age 49)
  • Dr. Eugene Scherbakov, COO, Sr. VP of Europe & Director (Age 71)
  • Mr. Angelo P. Lopresti II, Sr. VP, Gen. Counsel & Sec. (Age 55)
  • Mr. Trevor D. Ness, Sr. VP of Worldwide Sales & Marketing (Age 46)

Who are IPG Photonics' major shareholders?

IPG Photonics' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.64%), Parnassus Investments CA (1.87%), Eagle Asset Management Inc. (1.35%), Mackenzie Financial Corp (1.24%), Geode Capital Management LLC (1.04%) and Brandywine Global Investment Management LLC (0.90%). Company insiders that own IPG Photonics stock include Alexander Ovtchinnikov, Angelo P Lopresti, Eugene A Shcherbakov, Henry E Gauthier, Igor Samartsev, John R Peeler, Thomas J Burgomaster, Thomas J Seifert, Timothy Pv Mammen, Trevor Ness, Valentin Gapontsev Trust I and William S Hurley. View Institutional Ownership Trends for IPG Photonics.

Which institutional investors are selling IPG Photonics stock?

IPGP stock was sold by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, Mackenzie Financial Corp, BlackRock Inc., Scout Investments Inc., Victory Capital Management Inc., Marathon Asset Management LLP, First Trust Advisors LP and Voloridge Investment Management LLC. Company insiders that have sold IPG Photonics company stock in the last year include John R Peeler, Thomas J Burgomaster, Timothy Pv Mammen, Trevor Ness, Valentin Gapontsev Trust I and William S Hurley. View Insider Buying and Selling for IPG Photonics.

Which institutional investors are buying IPG Photonics stock?

IPGP stock was bought by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Brandywine Global Investment Management LLC, Two Sigma Advisers LP, Massachusetts Financial Services Co. MA, Two Sigma Investments LP, Fundsmith LLP, Prudential PLC and Alecta Pensionsforsakring Omsesidigt. View Insider Buying and Selling for IPG Photonics.

How do I buy shares of IPG Photonics?

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

What is IPG Photonics' stock price today?

One share of IPGP stock can currently be purchased for approximately $154.88.

How big of a company is IPG Photonics?

IPG Photonics has a market capitalization of $8.27 billion and generates $1.46 billion in revenue each year. The semiconductor company earns $347.61 million in net income (profit) each year or $7.38 on an earnings per share basis. IPG Photonics employs 5,030 workers across the globe.

What is IPG Photonics' official website?

The official website for IPG Photonics is http://www.ipgphotonics.com.

How can I contact IPG Photonics?

IPG Photonics' mailing address is 50 OLD WEBSTER ROAD, OXFORD MA, 01540. The semiconductor company can be reached via phone at 508-373-1100.


MarketBeat Community Rating for IPG Photonics (NASDAQ IPGP)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  380 (Vote Outperform)
Underperform Votes:  328 (Vote Underperform)
Total Votes:  708
MarketBeat's community ratings are surveys of what our community members think about IPG Photonics and other stocks. Vote "Outperform" if you believe IPGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IPGP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/15/2019 by MarketBeat.com Staff

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