Seaport Res Ptn Forecasts IPG Photonics Q4 Earnings

IPG Photonics Co. (NASDAQ:IPGP) – Analysts at Seaport Res Ptn issued their Q4 2024 earnings per share (EPS) estimates for IPG Photonics in a research report issued to clients and investors on Wednesday, October 30th. Seaport Res Ptn analyst S. Graham forecasts that the semiconductor company will post earnings per share of $0.24 for the quarter. The consensus estimate for IPG Photonics’ current full-year earnings is $1.31 per share. Seaport Res Ptn also issued estimates for IPG Photonics’ Q1 2025 earnings at $0.35 EPS, Q2 2025 earnings at $0.47 EPS, Q3 2025 earnings at $0.49 EPS, Q4 2025 earnings at $0.73 EPS, FY2025 earnings at $2.03 EPS, Q1 2026 earnings at $0.53 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.59 EPS and FY2026 earnings at $2.55 EPS.

IPG Photonics (NASDAQ:IPGP) last released its quarterly earnings data on Tuesday, October 29th. The semiconductor company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.19 by $0.10. The company had revenue of $233.14 million for the quarter, compared to analyst estimates of $227.89 million. IPG Photonics had a positive return on equity of 4.32% and a negative net margin of 14.20%. The firm’s revenue was down 22.6% compared to the same quarter last year. During the same period last year, the company posted $1.16 earnings per share.

Several other analysts also recently weighed in on IPGP. Stifel Nicolaus lowered their target price on IPG Photonics from $115.00 to $100.00 and set a “buy” rating for the company in a research note on Wednesday, July 31st. Raymond James lowered their target price on IPG Photonics from $127.00 to $100.00 and set a “strong-buy” rating for the company in a research note on Wednesday, July 31st. Needham & Company LLC reiterated a “hold” rating on shares of IPG Photonics in a research note on Wednesday. Finally, Benchmark reiterated a “hold” rating on shares of IPG Photonics in a research note on Wednesday. One analyst has rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, IPG Photonics currently has an average rating of “Hold” and an average price target of $93.50.

IPG Photonics Price Performance

Shares of IPG Photonics stock opened at $82.29 on Friday. The business has a 50-day moving average of $71.90 and a 200-day moving average of $79.27. The company has a market capitalization of $3.56 billion, a PE ratio of -23.85 and a beta of 1.00. IPG Photonics has a 1-year low of $61.86 and a 1-year high of $111.11.

Hedge Funds Weigh In On IPG Photonics

Hedge funds and other institutional investors have recently made changes to their positions in the business. Crewe Advisors LLC acquired a new position in shares of IPG Photonics during the first quarter worth approximately $52,000. Innealta Capital LLC acquired a new stake in IPG Photonics in the second quarter worth approximately $85,000. Assetmark Inc. lifted its position in IPG Photonics by 28.3% in the third quarter. Assetmark Inc. now owns 1,336 shares of the semiconductor company’s stock worth $99,000 after purchasing an additional 295 shares during the period. Covestor Ltd lifted its position in IPG Photonics by 94.2% in the first quarter. Covestor Ltd now owns 1,728 shares of the semiconductor company’s stock worth $157,000 after purchasing an additional 838 shares during the period. Finally, EntryPoint Capital LLC lifted its position in IPG Photonics by 97.6% in the first quarter. EntryPoint Capital LLC now owns 1,964 shares of the semiconductor company’s stock worth $178,000 after purchasing an additional 970 shares during the period. 93.79% of the stock is currently owned by institutional investors and hedge funds.

About IPG Photonics

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.