IPG Photonics (IPGP) News Today

$90.17
+0.41 (+0.46%)
(As of 05/15/2024 ET)
IPG Photonics Q1 Earnings Transcript
M&G Investment Management Ltd. Has $20.40 Million Position in IPG Photonics Co. (NASDAQ:IPGP)
M&G Investment Management Ltd. reduced its stake in IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 6.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 187,194 shares of the semiconductor company's stock after selling 13,151 shares during the qu
Channing Capital Management LLC Invests $70.72 Million in IPG Photonics Co. (NASDAQ:IPGP)
Channing Capital Management LLC bought a new position in shares of IPG Photonics Co. (NASDAQ:IPGP - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 651,546 shares of the
Seaport Res Ptn Equities Analysts Cut Earnings Estimates for IPG Photonics Co. (NASDAQ:IPGP)
IPG Photonics Co. (NASDAQ:IPGP - Free Report) - Seaport Res Ptn lowered their Q2 2024 earnings estimates for IPG Photonics in a report issued on Tuesday, April 30th. Seaport Res Ptn analyst S. Graham now forecasts that the semiconductor company will earn $0.49 per share for the quarter, down from
IPG Photonics (NASDAQ:IPGP) PT Lowered to $68.00 at Citigroup
Citigroup decreased their target price on shares of IPG Photonics from $74.00 to $68.00 and set a "sell" rating on the stock in a research report on Thursday.
IPG Photonics Co. Expected to Post Q4 2024 Earnings of $0.74 Per Share (NASDAQ:IPGP)
IPG Photonics Co. (NASDAQ:IPGP - Free Report) - Investment analysts at Seaport Res Ptn reduced their Q4 2024 earnings per share (EPS) estimates for IPG Photonics in a research note issued on Tuesday, April 30th. Seaport Res Ptn analyst S. Graham now anticipates that the semiconductor company will
Insider Selling: IPG Photonics Co. (NASDAQ:IPGP) Director Sells 788 Shares of Stock
IPG Photonics Co. (NASDAQ:IPGP - Get Free Report) Director Eric Meurice sold 788 shares of IPG Photonics stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $89.30, for a total value of $70,368.40. Following the completion of the transaction, the director now directly owns 16,491 shares in the company, valued at $1,472,646.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
What Analysts Are Saying About IPG Photonics Stock
IPG Photonics (NASDAQ:IPGP) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS
IPG Photonics (NASDAQ:IPGP - Get Free Report) issued its earnings results on Tuesday. The semiconductor company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.48 by $0.04. IPG Photonics had a net margin of 17.00% and a return on equity of 9.18%. The company had revenue of $252.00 million during the quarter, compared to analysts' expectations of $255.53 million. During the same quarter in the previous year, the company posted $1.26 EPS. The business's revenue for the quarter was down 27.4% compared to the same quarter last year.
Q1 2024 IPG Photonics Corp Earnings Call
Benchmark Lowers IPG Photonics (NASDAQ:IPGP) Price Target to $106.00
Benchmark decreased their price target on shares of IPG Photonics from $116.00 to $106.00 and set a "buy" rating for the company in a research note on Wednesday.
Needham & Company LLC Reiterates "Hold" Rating for IPG Photonics (NASDAQ:IPGP)
Needham & Company LLC restated a "hold" rating on shares of IPG Photonics in a research report on Wednesday.
IPG Photonics (NASDAQ:IPGP) Sets New 1-Year Low at $80.33
IPG Photonics (NASDAQ:IPGP) Hits New 12-Month Low at $80.33
IPG Photonics (NASDAQ:IPGP) Updates Q2 2024 Earnings Guidance
IPG Photonics (NASDAQ:IPGP) updated its second quarter 2024 earnings guidance. The company provided EPS guidance of 0.300-0.600 for the period, compared to the consensus estimate of 0.680. The company also issued revenue guidance of $240.0 millionillion-$270.0 millionillion, compared to the consensus estimate of $273.1 millionillion.
IPG Photonics Appoints Gitin As CEO
IPG Photonics Announces Leadership Transition
Short Interest in IPG Photonics Co. (NASDAQ:IPGP) Grows By 15.2%
IPG Photonics Co. (NASDAQ:IPGP - Get Free Report) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 867,800 shares, a growth of 15.2% from the March 31st total of 753,500 shares. Based on an average trading volume of 310,700 shares, the days-to-cover ratio is presently 2.8 days. Approximately 3.1% of the shares of the company are sold short.
Here's what to expect from IPG Photonics's earnings report
New York State Common Retirement Fund Has $22.20 Million Stock Position in IPG Photonics Co. (NASDAQ:IPGP)
New York State Common Retirement Fund grew its stake in shares of IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 636.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 204,502 shares of the semiconductor company's stock
IPG Photonics Co. (NASDAQ:IPGP) Major Shareholder Sells $772,740.00 in Stock
IPG Photonics Co. (NASDAQ:IPGP - Get Free Report) major shareholder Valentin Gapontsev Trust I sold 9,000 shares of IPG Photonics stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $85.86, for a total value of $772,740.00. Following the sale, the insider now directly owns 7,200,599 shares of the company's stock, valued at approximately $618,243,430.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.
IPG Photonics Corp
IPG Photonics (IPGP) Scheduled to Post Earnings on Tuesday
IPG Photonics (NASDAQ:IPGP) will be releasing earnings before the market opens on Tuesday, April 30, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=584951)
11,613 Shares in IPG Photonics Co. (NASDAQ:IPGP) Purchased by LHM Inc.
LHM Inc. purchased a new position in IPG Photonics Co. (NASDAQ:IPGP - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 11,613 shares of the semiconductor company's stock, valued at approximately $1,260,000. IPG
Baillie Gifford & Co. Has $35.42 Million Position in IPG Photonics Co. (NASDAQ:IPGP)
Baillie Gifford & Co. reduced its stake in IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 10.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 326,358 shares of the semiconductor company'
Bear of the Day: IPG Photonics (IPGP)
IPG Photonics (NASDAQ:IPGP) Stock Price Up 4.5%
IPG Photonics (NASDAQ:IPGP) Shares Up 4.5%
Raymond James Financial Services Advisors Inc. Acquires 39,599 Shares of IPG Photonics Co. (NASDAQ:IPGP)
Raymond James Financial Services Advisors Inc. boosted its position in shares of IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 1,168.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,988 shares of the semicond
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This page (NASDAQ:IPGP) was last updated on 5/15/2024 by MarketBeat.com Staff

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