Should I buy or sell IPG Photonics stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 Wall Street analysts have issued 12 month price objectives for IPG Photonics' stock. Their IPGP share price targets range from $93.00 to $170.00. On average, they anticipate the company's share price to reach $125.33 in the next twelve months. This suggests a possible upside of 15.5% 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 2023?

IPG Photonics' stock was trading at $94.67 at the start of the year. Since then, IPGP shares have increased by 14.7% and is now trading at $108.54. View the best growth stocks for 2023 here .

When is IPG Photonics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our IPGP earnings forecast .

How were IPG Photonics' earnings last quarter?

IPG Photonics Co. (NASDAQ:IPGP) posted its earnings results on Tuesday, October, 31st. The semiconductor company reported $1.16 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.15. The semiconductor company earned $301.40 million during the quarter, compared to the consensus estimate of $316.13 million. IPG Photonics had a net margin of 6.40% and a trailing twelve-month return on equity of 3.56%. The company's revenue was down 13.6% compared to the same quarter last year. During the same period last year, the firm posted $1.47 earnings per share. Read the conference call transcript .

What ETFs hold IPG Photonics' stock?

ETFs with the largest weight of IPG Photonics (NASDAQ:IPGP) stock in their portfolio include Janus Henderson US Sustainable Equity ETF (SSPX) , ROBO Global Robotics & Automation ETF (ROBO) , Logan Capital Broad Innovative Growth ETF (LCLG) , First Trust Nasdaq Semiconductor ETF (FTXL) and Invesco Nasdaq Future Gen 200 ETF (QQQS) . Invesco PHLX Semiconductor ETF (SOXQ) .

How will IPG Photonics' stock buyback program work?

IPG Photonics announced that its Board of Directors has authorized a share buyback plan on Tuesday, May 2nd 2023, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 3.5% of its shares through open market purchases. Shares repurchase plans are usually 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 fourth quarter earnings guidance on Tuesday, October, 31st. The company provided earnings per share guidance of $0.80-1.10 for the period, compared to the consensus EPS estimate of $1.05. The company issued revenue guidance of $270-300 million, compared to the consensus revenue estimate of $319.57 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) .

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

NASDAQ:IPGP

IPG Photonics (IPGP) Stock Price, News & Analysis

$108.54

-1.56 (-1.42%)

(As of 12/29/2023 ET)

Compare

Today's Range: $108.34
▼
$110.30
50-Day Range: $83.71
▼
$110.56
52-Week Range: $83.00
▼
$141.85

Volume: 144,031 shs
Average Volume: 189,678 shs
Market Capitalization: $5.09 billion

P/E Ratio: 59.64
Dividend Yield: N/A
Price Target: $125.33

IPG Photonics MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 15.5% Upside
$125.33 Price Target
Short Interest: Healthy
2.06% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.76
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Selling Shares
$3.98 M Sold Last Quarter
Proj. Earnings Growth: 8.32%
From $4.69 to $5.08 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Computer And Technology Sector

88th out of 589 stocks

Semiconductors & Related Devices Industry

16th out of 83 stocks

2.4

Analyst's Opinion

Consensus Rating
IPG Photonics has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $125.33, IPG Photonics has a forecasted upside of 15.5% from its current price of $108.54.
Amount of Analyst Coverage
IPG Photonics has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.06% of the float of IPG Photonics has been sold short.
Short Interest Ratio / Days to Cover
IPG Photonics has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in IPG Photonics has recently decreased by 2.10%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
IPG Photonics does not currently pay a dividend.
Dividend Growth
IPG Photonics does not have a long track record of dividend growth.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
IPG Photonics has received a 30.87% net impact score from Upright. Ipg Photonics seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is false driven by its "Amplifiers" and "Laser cutting machines" products. See details.
Environmental Sustainability
The Environmental Impact score for IPG Photonics is -0.76.

2.7

News and Social Media Coverage

News Sentiment
IPG Photonics has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for IPG Photonics this week, compared to 4 articles on an average week.
Search Interest
6 people have searched for IPGP on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added IPG Photonics to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IPG Photonics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,979,912.00 in company stock.
Percentage Held by Insiders
37.10% of the stock of IPG Photonics is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
59.07% of the stock of IPG Photonics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for IPG Photonics are expected to grow by 8.32% in the coming year, from $4.69 to $5.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IPG Photonics is 59.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of IPG Photonics is 59.64, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 228.14.
Price to Earnings Growth Ratio
IPG Photonics has a PEG Ratio of 5.00. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
IPG Photonics has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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. The company's 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. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks; and ytterbium and thulium specialty fiber amplifiers and broadband light sources. In addition, the company offers integrated laser systems; 2D compact flat sheet cutter systems and multi-axis systems; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems; and optical transceiver and transponder modules for data center, optical, and communications network of oil and gas utilities. Its laser solutions are also used in materials processing, communications, and medical and advanced applications. 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 Oxford, Massachusetts.

IPGP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IPGP Stock News Headlines

December 24, 2023 | americanbankingnews.com

IPG Photonics Co. (NASDAQ:IPGP) Receives $125.33 Consensus Target Price from Analysts

December 19, 2023 | finance.yahoo.com

IPG Photonics (NASDAQ:IPGP) Will Be Looking To Turn Around Its Returns

December 31, 2023 | Behind the Markets (Ad)

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December 6, 2023 | finance.yahoo.com

2 Laser Systems Stocks to Watch in a Challenging Industry

December 4, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: IPG Photonics (IPGP), MongoDB (MDB) and Infineon Technologies AG (OtherIFNNF)

November 24, 2023 | morningstar.com

IPG Photonics Corp IPGP

November 13, 2023 | finance.yahoo.com

Calculating The Fair Value Of IPG Photonics Corporation (NASDAQ:IPGP)

November 10, 2023 | seekingalpha.com

IPG Photonics: Just Going Through The Motions

December 31, 2023 | Behind the Markets (Ad)

New Year's Sale: Get 12 Months of Stock Picks for $9.00

November 7, 2023 | finance.yahoo.com

IPG Photonics and Miller Electric Mfg. LLC Announce Strategic Technology Collaboration to Deliver Leading Laser Solutions to the Handheld Welding Market

November 3, 2023 | msn.com

Vehicle crashes into lobby of Marlborough, Massachusetts, business

November 1, 2023 | finance.yahoo.com

IPG Photonics Corporation (NASDAQ:IPGP) Q3 2023 Earnings Call Transcript

November 1, 2023 | finanznachrichten.de

ROUNDUP: IPG Photonics Sees Q4 Earnings, Revenues Below Market

November 1, 2023 | markets.businessinsider.com

IPG Photonics Corporation Announces Retreat In Q3 Income, but beats estimates

November 1, 2023 | markets.businessinsider.com

IPG Photonics Sees Q4 Earnings, Revenues Below Market - Update

November 1, 2023 | finance.yahoo.com

Q3 2023 IPG Photonics Corp Earnings Call