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IPG Photonics Corporation (IPGP)
NASDAQ:IPGP

IPG Photonics (IPGP) Stock Price & Analysis

625 Followers

IPGP Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$83.00 - $141.85
Previous Close$84.84
Volume138.22K
Average Volume (3M)319.59K
Market Cap
$3.89B
Enterprise Value$2.71B
Total Cash (Recent Filing)$1.18B
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)18.4
Beta1.19
Apr 30, 2024
Dividend YieldN/A
Share Statistics
EPS (TTM)4.62
Shares Outstanding46,098,133
10 Day Avg. Volume226,619
30 Day Avg. Volume319,590
Standard Deviation0.12
R-Squared0.30
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.66
Price to Sales (P/S)13.09
Price to Cash Flow (P/CF)9.20
P/FCF Ratio12.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.11
Enterprise Value/Gross Profit5.01
Enterprise Value/Ebitda8.49
Forecast
Price Target Upside21.98% Upside
Rating ConsensusHold
Number of Analyst Covering7

Bulls Say, Bears Say

Bulls Say
Business TransitionIPG is transitioning the business from legacy core cutting applications to emerging growth products with good long-term growth potential, such as laser welding and industrial cleaning and heating/drying applications.
Product DemandEmerging growth products like LightWELD, beam delivery, and medical products are driving sales, indicating a robust product demand in the market.
Sales GrowthSales in welding applications have rebounded strongly, demonstrating growth in Europe and highlighting the demand for IPG's innovative solutions.
Bears Say
Earnings4Q23 results showed a significant miss on gross profit margins and operating expenses, leading to earnings per share below consensus estimates.
GuidanceIPGP's pessimistic 1Q24 guidance reflects macroeconomic uncertainty, stagnant e-mobility investment, and increased competition.
Market PerformanceChina remains the worst performing region with a significant year-over-year revenue decline.
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Financials

Annual

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

IPGP FAQ

What was IPG Photonics Corporation’s price range in the past 12 months?
IPG Photonics Corporation lowest stock price was $83.00 and its highest was $141.85 in the past 12 months.
    What is IPG Photonics Corporation’s market cap?
    Currently, no data Available
    When is IPG Photonics Corporation’s upcoming earnings report date?
    IPG Photonics Corporation’s upcoming earnings report date is Apr 30, 2024 which is in 12 days.
      How were IPG Photonics Corporation’s earnings last quarter?
      IPG Photonics Corporation released its earnings results on Feb 13, 2024. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.95 by -$0.06.
        Is IPG Photonics Corporation overvalued?
        According to Wall Street analysts IPG Photonics Corporation’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does IPG Photonics Corporation pay dividends?
          IPG Photonics Corporation pays a Notavailable dividend of $0.65 which represents an annual dividend yield of N/A. See more information on IPG Photonics Corporation dividends here
            What is IPG Photonics Corporation’s EPS estimate?
            IPG Photonics Corporation’s EPS estimate is $0.49.
              How many shares outstanding does IPG Photonics Corporation have?
              IPG Photonics Corporation has 46,098,133 shares outstanding.
                What happened to IPG Photonics Corporation’s price movement after its last earnings report?
                IPG Photonics Corporation reported an EPS of $0.89 in its last earnings report, missing expectations of $0.95. Following the earnings report the stock price went down -16.057%.
                  Which hedge fund is a major shareholder of IPG Photonics Corporation?
                  Among the largest hedge funds holding IPG Photonics Corporation’s share is First Eagle Investment Management LLC. It holds IPG Photonics Corporation’s shares valued at 462M.
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                    Company Description

                    IPG Photonics Corporation

                    IPG Photonics Corp. engages in the design, development, production and distribution of fiber lasers, laser systems, fiber amplifiers, and related optical components. Its products include beam delivery, medical, telecom equipment, product finder and components such as pump diodes, chillers, and mid-IR crystals. The company was founded by Valentin P. Gapontsev and Igor Samartsev in 1990 and is headquartered in Oxford, MA.
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                    IPGP Company Deck

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                    IPGP Earnings Call

                    Q4 2024
                    0:00 / 0:00
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                    IPGP Net sales Breakdown

                    40.78%40.78%22.94%14.41%12.52%9.35%
                    40.78% High Power Continuous Wave "CW") Lasers
                    22.94% Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue
                    14.41% Pulsed Lasers
                    12.52% Laser and Non-Laser Systems
                    9.35% Other
                    tipranks
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                    IPGP Stock 12 Months Forecast

                    Average Price Target

                    $103.00
                    ▲(21.98% Upside)
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                    Best Analysts Covering IPGP

                    1 Year
                    Brian GesualeRaymond James
                    1 Year Success Rate
                    7/11 ratings generated profit
                    64%
                    1 Year Average Return
                    +7.45%
                    reiterated a buy rating 9 months ago
                    Copying Brian Gesuale's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +7.45% per trade.
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