IPG Photonics (NASDAQ:IPGP – Get Free Report) posted its earnings results on Tuesday. The semiconductor company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05), Zacks reports. IPG Photonics had a positive return on equity of 4.32% and a negative net margin of 14.20%. IPG Photonics updated its Q1 2025 guidance to 0.050-0.350 EPS.
IPG Photonics Trading Down 6.2 %
NASDAQ:IPGP traded down $4.16 on Tuesday, reaching $63.24. 185,955 shares of the stock traded hands, compared to its average volume of 204,994. IPG Photonics has a 1-year low of $61.86 and a 1-year high of $104.19. The company’s 50 day moving average is $74.27 and its 200-day moving average is $73.71. The firm has a market capitalization of $2.74 billion, a price-to-earnings ratio of -18.00 and a beta of 0.95.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the company. Northcoast Research downgraded IPG Photonics from a “buy” rating to a “neutral” rating in a research note on Wednesday, December 4th. Needham & Company LLC restated a “hold” rating on shares of IPG Photonics in a research note on Wednesday, October 30th. Finally, Benchmark reiterated a “hold” rating on shares of IPG Photonics in a research note on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $93.50.
IPG Photonics Company Profile
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.
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