IPG Photonics (IPGP) Earning Somewhat Favorable Media Coverage, Study Finds

Media headlines about IPG Photonics (NASDAQ:IPGP) have trended somewhat positive on Tuesday, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. IPG Photonics earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 46.8608810978359 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

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A number of brokerages recently weighed in on IPGP. Zacks Investment Research cut shares of IPG Photonics from a “buy” rating to a “hold” rating in a report on Tuesday. Needham & Company LLC lifted their price objective on shares of IPG Photonics from $230.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday, January 24th. Northcoast Research restated a “buy” rating and issued a $290.00 price objective on shares of IPG Photonics in a report on Wednesday, January 31st. DA Davidson lifted their price objective on shares of IPG Photonics from $1.86 to $275.00 and gave the company a “buy” rating in a report on Wednesday, February 21st. Finally, Canaccord Genuity lifted their price objective on shares of IPG Photonics from $210.00 to $235.00 and gave the company a “hold” rating in a report on Tuesday, February 20th. Four research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $220.91.



NASDAQ IPGP traded down $7.69 on Tuesday, hitting $217.94. 332,786 shares of the stock were exchanged, compared to its average volume of 594,102. The company has a quick ratio of 7.27, a current ratio of 8.82 and a debt-to-equity ratio of 0.02. IPG Photonics has a fifty-two week low of $124.30 and a fifty-two week high of $264.11. The stock has a market capitalization of $12,472.99, a PE ratio of 30.02, a price-to-earnings-growth ratio of 2.32 and a beta of 1.82.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings results on Friday, February 16th. The semiconductor company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.72 by $0.14. IPG Photonics had a net margin of 24.67% and a return on equity of 21.29%. The company had revenue of $361.10 million during the quarter, compared to analysts’ expectations of $345.63 million. During the same quarter in the previous year, the business posted $1.39 EPS. The firm’s revenue was up 28.9% on a year-over-year basis. equities research analysts expect that IPG Photonics will post 8.33 earnings per share for the current fiscal year.

In other IPG Photonics news, CFO Timothy Pv Mammen sold 12,500 shares of the business’s stock in a transaction that occurred on Thursday, March 1st. The shares were sold at an average price of $243.41, for a total transaction of $3,042,625.00. Following the completion of the transaction, the chief financial officer now owns 38,040 shares in the company, valued at approximately $9,259,316.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William S. Hurley sold 3,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 14th. The stock was sold at an average price of $255.93, for a total transaction of $895,755.00. Following the transaction, the director now owns 14,505 shares of the company’s stock, valued at approximately $3,712,264.65. The disclosure for this sale can be found here. Insiders have sold a total of 26,000 shares of company stock valued at $6,459,552 in the last quarter. 33.40% of the stock is currently owned by company insiders.

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IPG Photonics Company Profile

IPG Photonics Corporation develops and manufactures a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The company's laser products include low, medium, and high power lasers; 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; laser diode chips and packaged laser diodes; and high power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories.

Insider Buying and Selling by Quarter for IPG Photonics (NASDAQ:IPGP)

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