Log in

NASDAQ:IPGPIPG Photonics Stock Price, Forecast & News

$162.94
+3.05 (+1.91 %)
(As of 06/4/2020 04:00 PM ET)
Add
Compare
Today's Range
$161.14
Now: $162.94
$163.53
50-Day Range
$111.65
MA: $139.25
$162.94
52-Week Range
$98.04
Now: $162.94
$166.49
Volume229,800 shs
Average Volume490,460 shs
Market Capitalization$8.64 billion
P/E Ratio54.13
Dividend YieldN/A
Beta1.73
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.
Read More
IPG Photonics logo

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
Current SymbolNASDAQ:IPGP
CUSIP44980X10
Phone508-373-1100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.31 billion
Cash Flow$7.07 per share
Book Value$45.27 per share

Profitability

Net Income$180.23 million

Miscellaneous

Employees5,960
Market Cap$8.64 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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.

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 (WHO). Since then, IPGP stock has increased by 47.0% and is now trading at $162.94. 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) posted its earnings results on Tuesday, May, 5th. The semiconductor company reported $0.68 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.52. The semiconductor company had revenue of $249.20 million for the quarter, compared to analysts' expectations of $231.74 million. IPG Photonics had a return on equity of 8.57% and a net margin of 12.93%. IPG Photonics's quarterly revenue was down 20.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $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 earnings per share 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 brokerages have issued twelve-month price targets for IPG Photonics' shares. Their forecasts range from $127.00 to $190.00. On average, they expect IPG Photonics' share price to reach $156.64 in the next twelve months. This suggests that the stock has a possible downside of 3.9%. View analysts' price targets for IPG Photonics.

Has IPG Photonics been receiving favorable news coverage?

News headlines about IPGP stock have been trending very negative this week, according to InfoTrie. The research firm identifies negative and positive news 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 nearest to five being the most favorable. IPG Photonics earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news aboutIPG Photonics.

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 retail and institutional investors. Top institutional investors 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 major 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 major 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 $162.94.

How big of a company is IPG Photonics?

IPG Photonics has a market capitalization of $8.64 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 6/5/2020 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.