IPG Photonics (NASDAQ:IPGP) Posts Earnings Results, Misses Estimates By $0.05 EPS

IPG Photonics (NASDAQ:IPGP) released its quarterly earnings results on Tuesday. The semiconductor company reported $0.18 earnings per share for the quarter, missing the consensus estimate 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 %

Shares of IPGP stock traded down $4.16 on Tuesday, hitting $63.24. 185,955 shares of the stock were exchanged, compared to its average volume of 204,994. The firm’s 50 day moving average is $74.27 and its two-hundred day moving average is $73.71. IPG Photonics has a one year low of $61.86 and a one year high of $104.19. The firm has a market capitalization of $2.74 billion, a PE ratio of -18.00 and a beta of 0.95.

Analysts Set New Price Targets

A number of brokerages recently commented on IPGP. Benchmark reaffirmed a “hold” rating on shares of IPG Photonics in a research report on Wednesday, October 30th. Northcoast Research cut IPG Photonics from a “buy” rating to a “neutral” rating in a research note on Wednesday, December 4th. Finally, Needham & Company LLC restated a “hold” rating on shares of IPG Photonics in a research report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, IPG Photonics has an average 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.