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

IPG Photonics (NASDAQ:IPGP) announced its 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 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 5.5 %

NASDAQ IPGP opened at $63.72 on Wednesday. The firm has a market cap of $2.76 billion, a PE ratio of -18.36 and a beta of 0.95. IPG Photonics has a 1-year low of $61.63 and a 1-year high of $104.19. The stock has a 50-day moving average of $73.98 and a 200-day moving average of $73.55.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Needham & Company LLC reiterated a “hold” rating on shares of IPG Photonics in a report on Wednesday. Benchmark restated a “hold” rating on shares of IPG Photonics in a research report on Wednesday, October 30th. Finally, Northcoast Research cut shares of IPG Photonics from a “buy” rating to a “neutral” rating in a research report 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $93.50.

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.