IPG Photonics - IPGP Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IPGP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IPGP, but not buy additional shares or sell existing shares.
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7 Wall Street analysts have issued 1 year target prices for IPG Photonics' stock. Their IPGP share price forecasts range from $146.00 to $200.00. On average, they predict the company's stock price to reach $168.43 in the next year. This suggests a possible upside of 98.2% from the stock's current price.
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IPG Photonics' stock was trading at $172.14 at the beginning of the year. Since then, IPGP stock has decreased by 50.6% and is now trading at $84.97.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
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IPG Photonics Co. (NASDAQ:IPGP) posted its earnings results on Tuesday, August, 2nd. The semiconductor company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.14 by $0.04. The semiconductor company earned $377.02 million during the quarter, compared to analysts' expectations of $373.26 million. IPG Photonics had a net margin of 17.91% and a trailing twelve-month return on equity of 10.31%. The business's revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.33 earnings per share.
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IPG Photonics announced that its Board of Directors has authorized a stock repurchase program on Tuesday, February 15th 2022, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 2.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

IPG Photonics updated its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of $1.00-$1.30 for the period, compared to the consensus earnings per share estimate of $1.18. The company issued revenue guidance of $350.00 million-$380.00 million, compared to the consensus revenue estimate of $381.81 million.

51 employees have rated IPG Photonics Chief Executive Officer Valentin P. Gapontsev on Glassdoor.com. Valentin P. Gapontsev has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other IPG Photonics investors own include NVIDIA (NVDA), Netflix (NFLX), Broadcom (AVGO), Micron Technology (MU), Alibaba Group (BABA), Lam Research (LRCX), Intel (INTC), Tesla (TSLA), AT&T (T) and Applied Materials (AMAT).

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

IPG Photonics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Lazard Asset Management LLC (2.20%), Sumitomo Mitsui Trust Holdings Inc. (2.03%), State Street Corp (1.86%), Caisse DE Depot ET Placement DU Quebec (1.78%), Federated Hermes Inc. (1.66%) and AQR Capital Management LLC (0.78%). Insiders that own company stock include Alexander Ovtchinnikov, Angelo P Lopresti, Catherine P Lego, Eugene A Shcherbakov, Felix I Stukalin, Fibre Devices Ltd Ip, Igor Samartsev, John R Peeler, Thomas J Burgomaster, Thomas J Seifert, Timothy Pv Mammen, Trevor Ness, Valentin Gapontsev Trust I and Valentin P Gapontsev.
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Shares of IPGP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IPGP stock can currently be purchased for approximately $84.97.

IPG Photonics (NASDAQ:IPGP) has a market capitalization of $4.27 billion and generates $1.46 billion in revenue each year. The semiconductor company earns $278.42 million in net income (profit) each year or $5.02 on an earnings per share basis.

The company employs 6,580 workers across the globe.

IPG Photonics' mailing address is 50 OLD WEBSTER ROAD, OXFORD MA, 01540. The official website for the company is www.ipgphotonics.com. The semiconductor company can be reached via phone at (508) 373-1100, via email at investorrelations@ipgphotonics.com, or via fax at 508-373-1103.