NASDAQ:IPGP

IPG Photonics (IPGP) Stock Price, News & Analysis

$85.65
+2.10 (+2.51%)
(As of 02:20 PM ET)
Today's Range
$83.68
$85.78
50-Day Range
$83.55
$91.02
52-Week Range
$80.33
$141.85
Volume
163,295 shs
Average Volume
293,164 shs
Market Capitalization
$3.90 billion
P/E Ratio
22.07
Dividend Yield
N/A
Price Target
$111.60

IPG Photonics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
31.6% Upside
$111.60 Price Target
Short Interest
Healthy
3.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.76
Upright™ Environmental Score
News Sentiment
0.35mentions of IPG Photonics in the last 14 days
Based on 44 Articles This Week
Insider Trading
Selling Shares
$2.60 M Sold Last Quarter
Proj. Earnings Growth
39.32%
From $3.23 to $4.50 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.

4.79 out of 5 stars

Computer And Technology Sector

37th out of 592 stocks

Semiconductors & Related Devices Industry

9th out of 88 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

Urgent dollar warning
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What Analysts Are Saying About IPG Photonics Stock
Urgent dollar warning
Your 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.
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
Here's what to expect from IPG Photonics's earnings report
IPG Photonics (IPGP) to Release Quarterly Earnings on Tuesday
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
5/02/2024
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
$111.60
High Stock Price Target
$170.00
Low Stock Price Target
$74.00
Potential Upside/Downside
+32.0%
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
$5.64 per share
Book Value
$51.37 per share

Miscellaneous

Free Float
28,996,000
Market Cap
$3.85 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 year. 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 equities research analysts have issued 12-month price objectives for IPG Photonics' stock. Their IPGP share price targets range from $74.00 to $170.00. On average, they expect the company's stock price to reach $111.60 in the next twelve months. This suggests a possible upside of 31.6% 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 beginning of 2024. Since then, IPGP stock has decreased by 21.9% and is now trading at $84.80.
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 trading volume, of 310,700 shares, the days-to-cover ratio is currently 2.8 days. Currently, 3.1% of the shares of the company are sold short.
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) issued its earnings results on Tuesday, April, 30th. The semiconductor company reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.04. The semiconductor company earned $252 million during the quarter, compared to analysts' expectations 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 business's revenue for the quarter was down 27.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.26 earnings per share.
Read the conference call transcript
.

How will IPG Photonics' stock buyback program work?

IPG Photonics announced that its board has approved a stock repurchase program on Tuesday, February 13th 2024, which allows the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.3% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's management 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 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 variety of institutional and retail investors. Top institutional shareholders 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.
Read More
This page (NASDAQ:IPGP) was last updated on 5/2/2024 by MarketBeat.com Staff

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