IPG Photonics (NASDAQ:IPGP – Get Free Report) issued its quarterly 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 negative net margin of 14.20% and a positive return on equity of 4.32%. IPG Photonics updated its Q1 2025 guidance to 0.050-0.350 EPS.
IPG Photonics Stock Performance
NASDAQ:IPGP traded down $4.10 on Tuesday, hitting $63.31. 164,774 shares of the stock were exchanged, compared to its average volume of 203,721. The stock has a market capitalization of $2.74 billion, a price-to-earnings ratio of -18.24 and a beta of 0.95. IPG Photonics has a 52 week low of $61.86 and a 52 week high of $104.19. The company’s 50-day moving average price is $74.27 and its 200 day moving average price is $73.71.
Analyst Ratings Changes
Several analysts recently issued reports on the company. Needham & Company LLC reiterated a “hold” rating on shares of IPG Photonics in a report on Wednesday, October 30th. Northcoast Research lowered IPG Photonics from a “buy” rating to a “neutral” rating in a report on Wednesday, December 4th. Finally, Benchmark restated a “hold” rating on shares of IPG Photonics in a report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target 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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