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 results on Thursday, February, 13th. The semiconductor company reported $0.75 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.80 by $0.05. The semiconductor company had revenue of $306.60 million for the quarter, compared to analyst estimates of $285.77 million. IPG Photonics had a net margin of 13.71% and a return on equity of 10.09%. The business's revenue was down 7.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.40 earnings per share. View IPG Photonics' Earnings History.

IPG Photonics is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for IPG Photonics.

IPG Photonics updated its first quarter earnings guidance on Thursday, February, 13th. The company provided EPS guidance of $0.00-0.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.86. The company issued revenue guidance of $220-250 million, compared to the consensus revenue estimate of $285.85 million.

12 brokerages have issued 1-year target prices for IPG Photonics' shares. Their forecasts range from $127.00 to $200.00. On average, they anticipate IPG Photonics' stock price to reach $164.98 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price. View Analyst Price Targets for IPG Photonics.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last year. There are currently 7 hold ratings, 4 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 very negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. IPG Photonics earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned news stories about the semiconductor company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the stock's share price in the next several days. View News Stories for IPG Photonics.

IPG Photonics saw a drop in short interest in January. As of January 15th, there was short interest totalling 2,950,000 shares, a drop of 11.4% from the December 31st total of 3,330,000 shares. Based on an average daily trading volume, of 407,800 shares, the days-to-cover ratio is currently 7.2 days. Approximately 8.4% of the shares of the stock are sold short. 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), KEMET (KEM), TTM Technologies (TTMI), 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), Alibaba Group (BABA), Broadcom (AVGO), Micron Technology (MU), Endologix (ELGX), Lam Research (LRCX), Intel (INTC), Chipotle Mexican Grill (CMG) and Tesla (TSLA).

IPG Photonics' stock is owned by a number of of institutional and retail investors. Top institutional investors include First Eagle Investment Management LLC (3.08%), Alliancebernstein L.P. (2.92%), State Street Corp (2.73%), Pictet Asset Management Ltd. (2.07%), Bank of New York Mellon Corp (1.35%) and Caisse DE Depot ET Placement DU Quebec (1.24%). 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 Parnassus Investments CA, DekaBank Deutsche Girozentrale, Bank of America Corp DE, Artisan Partners Limited Partnership, Caisse DE Depot ET Placement DU Quebec, Janus Henderson Group PLC, Alliancebernstein L.P. and Cubist Systematic Strategies LLC. 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 bought by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Van ECK Associates Corp, Point72 Asset Management L.P., Man Group plc, Barclays PLC, First Trust Advisors LP, Amundi Pioneer Asset Management Inc. and FIL Ltd. 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 $135.81.

IPG Photonics has a market capitalization of $7.21 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 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.