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

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

IPG Photonics Co. (NASDAQ:IPGP) posted its quarterly earnings data on Tuesday, October, 29th. The semiconductor company reported $1.07 EPS for the quarter, missing the Zacks' consensus estimate of $1.19 by $0.12. The semiconductor company earned $329.14 million during the quarter, compared to analyst estimates of $336.93 million. IPG Photonics had a return on equity of 11.50% and a net margin of 19.45%. IPG Photonics's revenue was down 7.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.84 earnings per share. View IPG Photonics' Earnings History.

IPG Photonics is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for IPG Photonics.

IPG Photonics issued an update on its fourth quarter earnings guidance on Tuesday, October, 29th. The company provided earnings per share (EPS) guidance of $0.57-0.97 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.10. The company issued revenue guidance of $270-300 million, compared to the consensus revenue estimate of $323.63 million.

10 Wall Street analysts have issued 12-month price targets for IPG Photonics' stock. Their forecasts range from $127.00 to $200.00. On average, they anticipate IPG Photonics' stock price to reach $165.00 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price. View Analyst Price Targets for IPG Photonics.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last year. There are currently 6 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for IPG Photonics.

Media headlines about IPGP stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news 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 news impact score of 1.0 on InfoTrie's scale. They also gave news articles about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for IPG Photonics.

IPG Photonics saw a drop in short interest in December. As of December 31st, there was short interest totalling 2,950,000 shares, a drop of 11.4% from the December 15th total of 3,330,000 shares. Based on an average daily volume of 409,900 shares, the days-to-cover ratio is currently 7.2 days. Approximately 8.4% of the company's shares are short sold. View IPG Photonics' Current Options Chain.

Some companies that are related to IPG Photonics include Trimble (TRMB), Jabil (JBL), Mercury Systems (MRCY), Fabrinet (FN), Sanmina (SANM), Plexus (PLXS), TTM Technologies (TTMI), KEMET (KEM), Methode Electronics (MEI), Benchmark Electronics (BHE), CTS (CTS), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON).

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

IPG Photonics' stock is owned by a number of of retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.24%), Marathon Asset Management LLP (0.23%), Somerville Kurt F (0.07%), Hemenway Trust Co LLC (0.06%), Bright Rock Capital Management LLC (0.03%) and Alpine Global Management LLC (0.01%). Company insiders that own IPG Photonics stock include 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 Marathon Asset Management LLP, Altman Advisors Inc., Commerzbank Aktiengesellschaft FI, Zurcher Kantonalbank Zurich Cantonalbank , Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, IFM Investors Pty Ltd and Page Arthur B. 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 purchased by a variety of institutional investors in the last quarter, including Alpine Global Management LLC, Boston Trust Walden Corp, Cerebellum GP LLC, Bright Rock Capital Management LLC, Gardiner Nancy B, Zeke Capital Advisors LLC, Somerville Kurt F and Hemenway Trust Co LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of IPGP stock can currently be purchased for approximately $146.09.

IPG Photonics has a market capitalization of $7.75 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.