Free Trial
NASDAQ:IPGP

IPG Photonics (IPGP) Stock Price, News & Analysis

$84.24
-2.60 (-2.99%)
(As of 01:32 PM ET)
Today's Range
$84.00
$86.24
50-Day Range
$83.55
$90.63
52-Week Range
$80.33
$141.85
Volume
90,293 shs
Average Volume
266,124 shs
Market Capitalization
$3.84 billion
P/E Ratio
21.71
Dividend Yield
N/A
Price Target
$110.40

IPG Photonics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
30.6% Upside
$110.40 Price Target
Short Interest
Bearish
3.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.76
Upright™ Environmental Score
News Sentiment
1.35mentions of IPG Photonics in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$1.82 M Sold Last Quarter
Proj. Earnings Growth
44.77%
From $2.77 to $4.01 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.

4.77 out of 5 stars

Computer And Technology Sector

32nd out of 589 stocks

Semiconductors & Related Devices Industry

5th out of 87 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

IPGP Jun 2024 70.000 put
IPG Photonics Launches LightWELD® 2000 XR
IPGP IPG Photonics Corporation
What Analysts Are Saying About IPG Photonics Stock
Q1 2024 IPG Photonics Corp Earnings Call
IPG Photonics Appoints Gitin As CEO
IPG Photonics Announces Leadership Transition
Here's what to expect from IPG Photonics's earnings report
See More Headlines
Receive IPGP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for IPG Photonics and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/30/2024
Today
6/14/2024
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
+30.6%
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
$5.40 per share
Book Value
$51.48 per share

Miscellaneous

Free Float
28,252,000
Market Cap
$3.85 billion
Optionable
Optionable
Beta
1.08

Social Links

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

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 brokers have issued 1-year price targets for IPG Photonics' stock. Their IPGP share price targets range from $68.00 to $170.00. On average, they anticipate the company's stock price to reach $110.40 in the next year. This suggests a possible upside of 30.6% 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 start of the year. Since then, IPGP shares have decreased by 22.1% and is now trading at $84.51.
View the best growth stocks for 2024 here
.

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

How will IPG Photonics' stock buyback program work?

IPG Photonics announced that its board has initiated a share buyback program on Tuesday, February 13th 2024, which allows the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 7.3% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

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

IPG Photonics issued an update on its second quarter 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of 0.300-0.600 for the period, compared to the consensus EPS 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 institutional and retail investors. Top institutional investors include First Eagle Investment Management LLC (9.36%), Vanguard Group Inc. (6.71%), Sumitomo Mitsui Trust Holdings Inc. (1.96%), Baillie Gifford & Co. (0.71%), Invenomic Capital Management LP (0.57%) and Trillium Asset Management LLC (0.55%). 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.
Read More
This page (NASDAQ:IPGP) was last updated on 6/14/2024 by MarketBeat.com Staff

From Our Partners