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IPG Photonics (IPGP) Stock Price, News & Analysis

$71.23
+1.34 (+1.92%)
(As of 08/21/2024 ET)
Today's Range
$70.04
$71.41
50-Day Range
$65.70
$90.65
52-Week Range
$65.03
$111.11
Volume
207,716 shs
Average Volume
264,007 shs
Market Capitalization
$3.25 billion
P/E Ratio
18.36
Dividend Yield
N/A
Price Target
$93.40

IPG Photonics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
31.1% Upside
$93.40 Price Target
Short Interest
Healthy
4.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.76
Upright™ Environmental Score
News Sentiment
1.02mentions of IPG Photonics in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$83,922 Sold Last Quarter
Proj. Earnings Growth
77.05%
From $1.83 to $3.24 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.

4.93 out of 5 stars

Computer And Technology Sector

13th out of 594 stocks

Semiconductors & Related Devices Industry

3rd out of 85 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

IPG Photonics Corp.
Wanted Dead: Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
IPG Photonics
Wanted Dead: Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
IPG Photonics earnings: here's what to expect
See More Headlines
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Company Calendar

Last Earnings
7/30/2024
Today
8/21/2024
Next Earnings (Estimated)
10/29/2024
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
$93.40
High Stock Price Target
$106.00
Low Stock Price Target
$68.00
Potential Upside/Downside
+31.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$218.88 million
Pretax Margin
15.19%

Debt

Sales & Book Value

Annual Sales
$1.11 billion
Cash Flow
$5.18 per share
Book Value
$50.95 per share

Miscellaneous

Free Float
28,252,000
Market Cap
$3.25 billion
Optionable
Optionable
Beta
1.01

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IPGP Stock Analysis - Frequently Asked Questions

How have IPGP shares performed this year?

IPG Photonics' stock was trading at $108.54 at the start of the year. Since then, IPGP shares have decreased by 34.4% and is now trading at $71.23.
View the best growth stocks for 2024 here
.

How were IPG Photonics' earnings last quarter?

IPG Photonics Co. (NASDAQ:IPGP) posted its earnings results on Tuesday, July, 30th. The semiconductor company reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.48 by $0.03. The firm's quarterly revenue was down 24.2% compared to the same quarter last year.
Read the conference call transcript
.

Is IPG Photonics doing a stock buyback?

IPG Photonics' board initiated a stock buyback program on Tuesday, February 13th 2024, which permits the company to repurchase $300,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 7.3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its shares are undervalued.

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.

Does IPG Photonics have any subsidiaries?

IPG Photonics subsidiaries include Genesis Systems Group, Laser Depth Dynamics, ILT, Menara Networks, JPSA, IPG Laser GmbH, NTO IRE-Polus, and others.

Who are IPG Photonics' major shareholders?

Top institutional investors of IPG Photonics include First Eagle Investment Management LLC (9.34%), Dimensional Fund Advisors LP (2.19%), Sumitomo Mitsui Trust Holdings Inc. (2.01%) and Disciplined Growth Investors Inc. MN (1.08%). Insiders that own company stock include Valentin Gapontsev Trust I, Alexander Ovtchinnikov, Timothy Pv Mammen, Eric Meurice, Jeanmarie F Desmond, Eugene A Shcherbakov and Igor Samartsev.
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.

What other stocks do shareholders of IPG Photonics own?

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

This page (NASDAQ:IPGP) was last updated on 8/22/2024 by MarketBeat.com Staff

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