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

IPG Photonics (NASDAQ:IPGP) announced its quarterly earnings results on Tuesday. The semiconductor company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05), Zacks reports. IPG Photonics had a negative net margin of 14.20% and a positive return on equity of 4.32%. IPG Photonics updated its Q1 2025 guidance to 0.050-0.350 EPS.

IPG Photonics Trading Down 1.2 %

Shares of NASDAQ:IPGP opened at $62.97 on Thursday. IPG Photonics has a 12-month low of $60.72 and a 12-month high of $101.94. The firm has a market cap of $2.72 billion, a PE ratio of -18.15 and a beta of 0.95. The company has a fifty day simple moving average of $73.74 and a 200 day simple moving average of $73.47.

Wall Street Analysts Forecast Growth

IPGP has been the topic of several analyst reports. Benchmark reiterated a “hold” rating on shares of IPG Photonics in a report on Wednesday, October 30th. Needham & Company LLC reiterated a “hold” rating on shares of IPG Photonics in a research note on Wednesday. Stifel Nicolaus lowered their price target on shares of IPG Photonics from $100.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Northcoast Research downgraded shares of IPG Photonics from a “buy” rating to a “neutral” rating in a research note on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, IPG Photonics presently has a consensus rating of “Hold” and an average price target 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.