NASDAQ:IPGP

IPG Photonics (IPGP) Stock Price, News & Analysis

$89.49
+1.12 (+1.27%)
(As of 05/7/2024 ET)
Today's Range
$88.52
$89.96
50-Day Range
$83.55
$91.02
52-Week Range
$80.33
$141.85
Volume
249,854 shs
Average Volume
293,122 shs
Market Capitalization
$4.08 billion
P/E Ratio
23.06
Dividend Yield
N/A
Price Target
$110.40

IPG Photonics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
23.4% Upside
$110.40 Price Target
Short Interest
Healthy
3.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.76
Upright™ Environmental Score
News Sentiment
0.14mentions of IPG Photonics in the last 14 days
Based on 33 Articles This Week
Insider Trading
Selling Shares
$2.60 M Sold Last Quarter
Proj. Earnings Growth
46.98%
From $2.81 to $4.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.50 out of 5 stars

Computer And Technology Sector

93rd out of 589 stocks

Semiconductors & Related Devices Industry

18th out of 90 stocks

IPGP stock logo

About IPG Photonics Stock (NASDAQ:IPGP)

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; 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; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. The company also offers integrated laser systems; LightWELD, a handheld laser welding system; 2D compact flat sheet cutter systems and multi-axis systems for fine welding, cutting, and drilling; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems for material processing applications; robotic and multi-axis workstations for welding, cutting and cladding, flatbed cutting systems, and diode markers; and laser and non-laser robotic welding and automation solutions. It serves materials processing, communications, medical procedures, and advanced applications and communications markets. 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 Marlborough, Massachusetts.

IPGP Stock Price History

IPGP Stock News Headlines

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IPG Photonics (NASDAQ:IPGP) PT Lowered to $106.00
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What Analysts Are Saying About IPG Photonics Stock
Q1 2024 IPG Photonics Corp Earnings Call
IPG Photonics Co. (NASDAQ:IPGP) Short Interest Update
IPG Photonics Appoints Gitin As CEO
IPG Photonics Announces Leadership Transition
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
5/07/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Electronic Manufacturing Services
Current Symbol
NASDAQ:IPGP
CUSIP
44980X10
Employees
6,180
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$110.40
High Stock Price Target
$170.00
Low Stock Price Target
$68.00
Potential Upside/Downside
+23.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$218.88 million
Pretax Margin
18.89%

Debt

Sales & Book Value

Annual Sales
$1.29 billion
Cash Flow
$5.78 per share
Book Value
$51.48 per share

Miscellaneous

Free Float
30,303,000
Market Cap
$4.08 billion
Optionable
Optionable
Beta
1.17

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IPGP Stock Analysis - Frequently Asked Questions

Should I buy or sell IPG Photonics stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last twelve months. There are currently 1 sell rating, 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IPGP shares.
View IPGP analyst ratings
or view top-rated stocks.

What is IPG Photonics' stock price target for 2024?

6 analysts have issued 1-year price objectives for IPG Photonics' shares. Their IPGP share price targets range from $68.00 to $170.00. On average, they predict the company's share price to reach $110.40 in the next year. This suggests a possible upside of 23.4% from the stock's current price.
View analysts price targets for IPGP
or view top-rated stocks among Wall Street analysts.

How have IPGP shares performed in 2024?

IPG Photonics' stock was trading at $108.54 at the beginning of the year. Since then, IPGP stock has decreased by 17.6% and is now trading at $89.49.
View the best growth stocks for 2024 here
.

Are investors shorting IPG Photonics?

IPG Photonics saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 867,800 shares, an increase of 15.2% from the March 31st total of 753,500 shares. Based on an average daily volume of 310,700 shares, the short-interest ratio is presently 2.8 days. Approximately 3.1% of the company's stock are short sold.
View IPG Photonics' Short Interest
.

When is IPG Photonics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our IPGP earnings forecast
.

How were IPG Photonics' earnings last quarter?

IPG Photonics Co. (NASDAQ:IPGP) released its quarterly earnings results on Tuesday, April, 30th. The semiconductor company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.48 by $0.04. The semiconductor company had revenue of $252 million for the quarter, compared to analysts' expectations of $255.53 million. IPG Photonics had a trailing twelve-month return on equity of 7.67% and a net margin of 15.34%. The company's quarterly revenue was down 27.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.26 EPS.
Read the conference call transcript
.

How will IPG Photonics' stock buyback program work?

IPG Photonics declared that its board has authorized a stock repurchase plan on Tuesday, February 13th 2024, which permits the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 7.3% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

What guidance has IPG Photonics issued on next quarter's earnings?

IPG Photonics updated its second quarter 2024 earnings guidance on Tuesday, April, 30th. The company provided EPS guidance of 0.300-0.600 for the period, compared to the consensus estimate of 0.680. The company issued revenue guidance of $240.0 million-$270.0 million, compared to the consensus revenue estimate of $273.1 million.

What is Valentin P. Gapontsev's approval rating as IPG Photonics' CEO?

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.

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), Broadcom (AVGO), Micron Technology (MU), Alibaba Group (BABA), Lam Research (LRCX), Intel (INTC), Tesla (TSLA), AT&T (T) and Applied Materials (AMAT).

Who are IPG Photonics' major shareholders?

IPG Photonics' stock is owned by a number of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (1.96%), Baillie Gifford & Co. (0.71%), Principal Financial Group Inc. (0.24%), Raymond James & Associates (0.15%), Schaper Benz & Wise Investment Counsel Inc. WI (0.15%) and Pacific Heights Asset Management LLC (0.14%). Insiders that own company stock include Alexander Ovtchinnikov, Eric Meurice, Eugene A Shcherbakov, Fibre Devices Ltd Ip, Igor Samartsev, Jeanmarie F Desmond, Timothy Pv Mammen, Trevor Ness and Valentin Gapontsev Trust I.
View institutional ownership trends
.

How do I buy shares of IPG Photonics?

Shares of IPGP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does IPG Photonics have any subsidiaries?
The following companies are subsidiares of IPG Photonics: Genesis Systems Group, ILT, IPG Laser GmbH, JPSA, Laser Depth Dynamics, Menara Networks, NTO IRE-Polus, Pi-Tecnologia S.A., RC, and Submarine Networks Division of Padtec SA.
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This page (NASDAQ:IPGP) was last updated on 5/7/2024 by MarketBeat.com Staff

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