Seaport Res Ptn Estimates IPG Photonics Q4 Earnings

IPG Photonics Co. (NASDAQ:IPGP - Free Report) - Equities research analysts at Seaport Res Ptn issued their Q4 2024 earnings estimates for IPG Photonics in a report issued on Wednesday, October 30th. Seaport Res Ptn analyst S. Graham expects that the semiconductor company will post earnings per share of $0.24 for the quarter. The consensus estimate for IPG Photonics' current full-year earnings is $1.31 per share. Seaport Res Ptn also issued estimates for IPG Photonics' Q1 2025 earnings at $0.35 EPS, Q2 2025 earnings at $0.47 EPS, Q3 2025 earnings at $0.49 EPS, Q4 2025 earnings at $0.73 EPS, FY2025 earnings at $2.03 EPS, Q1 2026 earnings at $0.53 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.59 EPS and FY2026 earnings at $2.55 EPS.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last released its quarterly earnings results on Tuesday, October 29th. The semiconductor company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.10. The firm had revenue of $233.14 million during the quarter, compared to analysts' expectations of $227.89 million. IPG Photonics had a positive return on equity of 4.32% and a negative net margin of 14.20%. The business's revenue was down 22.6% on a year-over-year basis. During the same period last year, the firm posted $1.16 EPS.

Several other analysts have also recently commented on the stock. Benchmark reissued a "hold" rating on shares of IPG Photonics in a research note on Wednesday. Needham & Company LLC restated a "hold" rating on shares of IPG Photonics in a research report on Wednesday. Raymond James decreased their price target on IPG Photonics from $127.00 to $100.00 and set a "strong-buy" rating on the stock in a report on Wednesday, July 31st. Finally, Stifel Nicolaus dropped their price objective on IPG Photonics from $115.00 to $100.00 and set a "buy" rating for the company in a report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, IPG Photonics currently has an average rating of "Hold" and an average target price of $93.50.

IPG Photonics Stock Up 1.6 %

NASDAQ:IPGP traded up $1.33 during mid-day trading on Friday, reaching $82.29. 350,595 shares of the company were exchanged, compared to its average volume of 267,540. The stock has a market cap of $3.56 billion, a PE ratio of -23.85 and a beta of 1.00. IPG Photonics has a 12 month low of $61.86 and a 12 month high of $111.11. The company has a fifty day moving average of $71.90 and a 200 day moving average of $79.27.

Hedge Funds Weigh In On IPG Photonics

Institutional investors have recently modified their holdings of the stock. Pacer Advisors Inc. increased its stake in IPG Photonics by 58.7% in the second quarter. Pacer Advisors Inc. now owns 489,181 shares of the semiconductor company's stock valued at $41,282,000 after purchasing an additional 180,951 shares in the last quarter. M&G Plc bought a new stake in shares of IPG Photonics during the first quarter worth $15,929,000. Dimensional Fund Advisors LP raised its holdings in shares of IPG Photonics by 14.5% during the second quarter. Dimensional Fund Advisors LP now owns 996,029 shares of the semiconductor company's stock worth $84,054,000 after acquiring an additional 125,958 shares during the period. Motley Fool Asset Management LLC lifted its position in IPG Photonics by 602.2% in the 1st quarter. Motley Fool Asset Management LLC now owns 87,928 shares of the semiconductor company's stock valued at $7,974,000 after acquiring an additional 75,407 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in IPG Photonics by 26.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 303,113 shares of the semiconductor company's stock worth $25,580,000 after purchasing an additional 63,369 shares in the last quarter. 93.79% of the stock is currently owned by institutional investors and hedge funds.

About IPG Photonics

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.