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

IPG Photonics (NASDAQ:IPGP) issued its earnings results on Tuesday. The semiconductor company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 Stock Down 5.5 %

NASDAQ:IPGP opened at $63.72 on Wednesday. IPG Photonics has a twelve month low of $61.63 and a twelve month high of $104.19. The stock has a market cap of $2.76 billion, a P/E ratio of -18.36 and a beta of 0.95. The business’s 50-day moving average price is $73.98 and its two-hundred day moving average price is $73.55.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Needham & Company LLC reiterated a “hold” rating on shares of IPG Photonics in a research note on Wednesday. Benchmark reiterated a “hold” rating on shares of IPG Photonics in a research report on Wednesday, October 30th. Finally, Northcoast Research lowered shares of IPG Photonics from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 4th. One equities 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 given a strong buy rating to the stock. Based on data from MarketBeat.com, IPG Photonics presently has an average rating of “Hold” and an average 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.