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

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

IPG Photonics Co. (NASDAQ:IPGP) released its quarterly earnings data on Tuesday, July, 30th. The semiconductor company reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.41 by $0.07. The semiconductor company earned $363.80 million during the quarter, compared to the consensus estimate of $352.31 million. IPG Photonics had a net margin of 22.23% and a return on equity of 13.68%. The company's revenue for the quarter was down 12.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.21 earnings per share. View IPG Photonics' Earnings History.

IPG Photonics is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for IPG Photonics.

IPG Photonics updated its third quarter earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of $1.05-1.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.51. The company issued revenue guidance of $325-355 million, compared to the consensus revenue estimate of $359.34 million.

13 brokers have issued 1-year price targets for IPG Photonics' stock. Their predictions range from $127.00 to $200.00. On average, they expect IPG Photonics' share price to reach $171.6667 in the next twelve months. This suggests a possible upside of 37.7% from the stock's current price. View Analyst Price Targets for IPG Photonics.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last year. There are currently 6 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for IPG Photonics.

Headlines about IPGP stock have trended somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. IPG Photonics earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave media stories about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for IPG Photonics.

IPG Photonics saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 2,958,000 shares, an increase of 7.4% from the June 30th total of 2,754,700 shares. Based on an average daily volume of 542,500 shares, the short-interest ratio is presently 5.5 days. Approximately 8.4% of the company's stock are sold short. View IPG Photonics' Current Options Chain.

Some companies that are related to IPG Photonics include Kyocera (KYOCY), Microchip Technology (MCHP), Infineon Technologies (IFNNY), Marvell Technology Group (MRVL), STMicroelectronics (STM), Maxim Integrated Products (MXIM), Skyworks Solutions (SWKS), ASE Technology (ASX), Cypress Semiconductor (CY), Qorvo (QRVO), Advantest (ATEYY), ON Semiconductor (ON), First Solar (FSLR), Monolithic Power Systems (MPWR) and Cree (CREE).

Based on aggregate information from My MarketBeat watchlists, some companies that other IPG Photonics investors own include NVIDIA (NVDA), Netflix (NFLX), Micron Technology (MU), Broadcom (AVGO), Alibaba Group (BABA), Endologix (ELGX), Intel (INTC), Lam Research (LRCX), Paypal (PYPL) and Chipotle Mexican Grill (CMG).

IPG Photonics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.07%), BlackRock Inc. (4.42%), Invesco Ltd. (2.53%), Pictet Asset Management Ltd. (1.83%), Eagle Asset Management Inc. (1.26%) and Parnassus Investments CA (1.17%). Company insiders that own IPG Photonics stock include Angelo P Lopresti, Eugene A Shcherbakov, Henry E Gauthier, Igor Samartsev, John R Peeler, Thomas J Burgomaster, Timothy Pv Mammen, Trevor Ness, Valentin Gapontsev Trust I and William S Hurley. View Institutional Ownership Trends for IPG Photonics.

IPGP stock was sold by a variety of institutional investors in the last quarter, including Waddell & Reed Financial Inc., Morgan Stanley, Carillon Tower Advisers Inc., Bank of America Corp DE, Parnassus Investments CA, BlackRock Inc., Highbridge Capital Management LLC and AXA. Company insiders that have sold IPG Photonics company stock in the last year include Igor Samartsev, Thomas J Burgomaster, Trevor Ness and Valentin Gapontsev Trust I. View Insider Buying and Selling for IPG Photonics.

IPGP stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Caisse DE Depot ET Placement DU Quebec, DekaBank Deutsche Girozentrale, Nuveen Asset Management LLC, Victory Capital Management Inc., Point72 Asset Management L.P., Vanguard Group Inc. and Cannell Peter B & Co. Inc.. View Insider Buying and Selling for 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.

One share of IPGP stock can currently be purchased for approximately $124.65.

IPG Photonics has a market capitalization of $6.63 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.View Additional Information About IPG Photonics.

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

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