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NASDAQ:IPGPIPG Photonics Stock Price, Forecast & News

$152.17
-2.24 (-1.45 %)
(As of 05/28/2020 04:00 PM ET)
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Today's Range
$151.69
Now: $152.17
$155.58
50-Day Range
$111.65
MA: $133.72
$158.28
52-Week Range
$98.04
Now: $152.17
$166.49
Volume232,124 shs
Average Volume495,078 shs
Market Capitalization$8.07 billion
P/E Ratio50.55
Dividend YieldN/A
Beta1.69
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.1Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.32 out of 5 stars


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$1.31 billion
Cash Flow$6.90 per share
Book Value$44.43 per share

Profitability

Net Income$180.23 million

Miscellaneous

Employees5,960
Market Cap$8.07 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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IPG Photonics (NASDAQ:IPGP) Frequently Asked Questions

How has IPG Photonics' stock been impacted by COVID-19 (Coronavirus)?

IPG Photonics' stock was trading at $110.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IPGP shares have increased by 37.3% and is now trading at $152.17. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of IPG Photonics?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for IPG Photonics.

When is IPG Photonics' next earnings date?

IPG Photonics is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for IPG Photonics.

How were IPG Photonics' earnings last quarter?

IPG Photonics Co. (NASDAQ:IPGP) announced its quarterly earnings data on Tuesday, May, 5th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.52. The semiconductor company earned $249.20 million during the quarter, compared to the consensus estimate of $231.74 million. IPG Photonics had a return on equity of 8.57% and a net margin of 12.93%. The business's revenue for the quarter was down 20.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.02 earnings per share. View IPG Photonics' earnings history.

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

IPG Photonics issued an update on its second quarter earnings guidance on Tuesday, May, 5th. The company provided EPS guidance of $0.40-0.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.61. The company issued revenue guidance of $260-290 million, compared to the consensus revenue estimate of $272.71 million.

What price target have analysts set for IPGP?

11 equities research analysts have issued 1-year target prices for IPG Photonics' stock. Their forecasts range from $127.00 to $190.00. On average, they anticipate IPG Photonics' share price to reach $156.64 in the next year. This suggests a possible upside of 2.9% from the stock's current price. View analysts' price targets for IPG Photonics.

Has IPG Photonics been receiving favorable news coverage?

Headlines about IPGP stock have trended positive on Friday, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. IPG Photonics earned a media sentiment score of 2.2 on InfoTrie's scale. They also assigned news stories about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutIPG Photonics.

Are investors shorting IPG Photonics?

IPG Photonics saw a decrease in short interest in April. As of April 15th, there was short interest totaling 2,190,000 shares, a decrease of 8.4% from the March 31st total of 2,390,000 shares. Based on an average daily volume of 517,400 shares, the short-interest ratio is presently 4.2 days. Currently, 6.2% of the company's shares are sold short. View IPG Photonics' Current Options Chain.

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), Netflix (NFLX), Alibaba Group (BABA), Broadcom (AVGO), Micron Technology (MU), Chipotle Mexican Grill (CMG), Endologix (ELGX), Intel (INTC), Lam Research (LRCX) and Paypal (PYPL).

Who are IPG Photonics' key executives?

IPG Photonics' management team includes the following 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)
  • Dr. Alexander Ovtchinnikov, Sr. VP of Components (Age 58)

What is IPG Photonics' stock symbol?

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

Who are IPG Photonics' major shareholders?

IPG Photonics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.56%), Alliancebernstein L.P. (3.92%), First Eagle Investment Management LLC (3.09%), Invesco Ltd. (2.79%), State Street Corp (2.74%) and Pictet Asset Management Ltd. (2.20%). Company insiders that own IPG Photonics stock include Angelo P Lopresti, Felix I Stukalin, Igor Samartsev, Thomas J Burgomaster, Timothy Pv Mammen, Trevor Ness and Valentin Gapontsev Trust I. 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 Morgan Stanley, Morgan Stanley, Deutsche Bank AG, First Trust Advisors LP, Russell Investments Group Ltd., Caisse DE Depot ET Placement DU Quebec, Janus Henderson Group PLC, and Bank of New York Mellon Corp. Company insiders that have sold IPG Photonics company stock in the last year include Angelo P Lopresti, Felix I Stukalin, Igor Samartsev, Thomas J Burgomaster, Timothy Pv Mammen, Trevor Ness, and Valentin Gapontsev Trust I. View insider buying and selling activity 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 Sumitomo Mitsui Trust Holdings Inc., Alliancebernstein L.P., Invesco Ltd., Impax Asset Management Group plc, Eagle Asset Management Inc., Carillon Tower Advisers Inc., Fundsmith LLP, and Handelsbanken Fonder AB. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is IPG Photonics' stock price today?

One share of IPGP stock can currently be purchased for approximately $152.17.

How big of a company is IPG Photonics?

IPG Photonics has a market capitalization of $8.07 billion and generates $1.31 billion in revenue each year. The semiconductor company earns $180.23 million in net income (profit) each year or $4.36 on an earnings per share basis. IPG Photonics employs 5,960 workers across the globe.

What is IPG Photonics' official website?

The official website for IPG Photonics is 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.

This page was last updated on 5/29/2020 by MarketBeat.com Staff

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