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

Sign in or create an account to add this stock to your watchlist.
$178.69 +2.14 (+1.21 %)
(As of 04/23/2019 04:00 PM ET)
Previous Close$176.55
Today's Range$176.4650 - $179.8107
52-Week Range$104.64 - $261.77
Volume409,410 shs
Average Volume442,820 shs
Market Capitalization$9.49 billion
P/E Ratio24.21
Dividend YieldN/A
Beta1.84
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 compact 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.

Receive IPGP News and Ratings via Email

Sign-up to receive the latest news and ratings for IPGP and its competitors with MarketBeat's FREE daily newsletter.

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$9.2346 per share
Book Value$41.31 per share

Profitability

Net Income$404.03 million

Miscellaneous

Employees6,220
Market Cap$9.49 billion
Next Earnings Date4/30/2019 (Confirmed)
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) announced its quarterly earnings results on Tuesday, February, 12th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, missing the 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%. The firm's revenue was down 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.86 earnings per share. 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, April 30th 2019. View Earnings Estimates for IPG Photonics.

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

IPG Photonics updated its earnings guidance on Tuesday, February, 12th. The company provided earnings per share 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?

13 analysts have issued 12-month target prices for IPG Photonics' shares. Their predictions range from $138.00 to $208.00. On average, they anticipate IPG Photonics' stock price to reach $170.7480 in the next twelve months. This suggests that the stock has a possible downside of 4.4%. View Analyst Price Targets for IPG Photonics.

What is the consensus analysts' recommendation for IPG Photonics?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last year. There are currently 5 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?

News headlines about IPGP stock have trended positive recently, according to InfoTrie. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. IPG Photonics earned a coverage optimism score of 2.7 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.

Who are some of IPG Photonics' key competitors?

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), Micron Technology (MU), Netflix (NFLX), Broadcom (AVGO), Alibaba Group (BABA), Lam Research (LRCX), Endologix (ELGX), Intel (INTC), Tesla (TSLA) and Applied Materials (AMAT).

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 a variety of of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.27%), BTIM Corp. (0.21%), Retirement Systems of Alabama (0.10%), Schaper Benz & Wise Investment Counsel Inc. WI (0.06%), Handelsinvest Investeringsforvaltning (0.04%) and Winslow Evans & Crocker Inc. (0.04%). 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 major investors are selling IPG Photonics stock?

IPGP stock was sold by a variety of institutional investors in the last quarter, including Handelsinvest Investeringsforvaltning, Retirement Systems of Alabama, Strategic Financial Services Inc , State of Alaska Department of Revenue, BB&T Corp, Flagship Harbor Advisors LLC, Massey Quick Simon & CO. LLC and New Mexico Educational Retirement Board. Company insiders that have sold IPG Photonics company stock in the last year include Thomas J Burgomaster, Trevor Ness, Valentin Gapontsev Trust I and William S Hurley. View Insider Buying and Selling for IPG Photonics.

Which major investors are buying IPG Photonics stock?

IPGP stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., BTIM Corp., Brinker Capital Inc., Virtu Financial LLC, Quantitative Systematic Strategies LLC, Gateway Investment Advisers LLC, Altman Advisors Inc. and Huntington National Bank. 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 $178.69.

How big of a company is IPG Photonics?

IPG Photonics has a market capitalization of $9.49 billion and generates $1.46 billion in revenue each year. The semiconductor company earns $404.03 million in net income (profit) each year or $7.38 on an earnings per share basis. IPG Photonics employs 6,220 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:  391 (Vote Outperform)
Underperform Votes:  341 (Vote Underperform)
Total Votes:  732
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 4/23/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel