IPG Photonics (NASDAQ:IPGP) Releases Earnings Results, Misses Expectations By $0.05 EPS

IPG Photonics (NASDAQ:IPGP) released its quarterly earnings data 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 Stock Down 1.2 %

IPGP stock opened at $62.97 on Thursday. The company has a market capitalization of $2.72 billion, a P/E ratio of -18.15 and a beta of 0.95. The company has a 50-day simple moving average of $73.74 and a 200 day simple moving average of $73.47. IPG Photonics has a fifty-two week low of $60.72 and a fifty-two week high of $101.94.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on IPGP. Stifel Nicolaus dropped their price target on IPG Photonics from $100.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday. Northcoast Research lowered IPG Photonics from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 4th. Needham & Company LLC reissued a “hold” rating on shares of IPG Photonics in a report on Wednesday. Finally, Benchmark restated a “hold” rating on shares of IPG Photonics in a research report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $89.75.

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.