Seaport Res Ptn Estimates IPG Photonics Q4 Earnings

IPG Photonics Co. (NASDAQ:IPGP) – Investment analysts at Seaport Res Ptn issued their Q4 2024 earnings estimates for IPG Photonics in a report released on Wednesday, October 30th. Seaport Res Ptn analyst S. Graham forecasts that the semiconductor company will post earnings of $0.24 per share for the quarter. The consensus estimate for IPG Photonics’ current full-year earnings is $1.53 per share. Seaport Res Ptn also issued estimates for IPG Photonics’ Q1 2025 earnings at $0.35 EPS, Q2 2025 earnings at $0.47 EPS, Q3 2025 earnings at $0.49 EPS, Q4 2025 earnings at $0.73 EPS, FY2025 earnings at $2.03 EPS, Q1 2026 earnings at $0.53 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.59 EPS and FY2026 earnings at $2.55 EPS.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings data on Tuesday, October 29th. The semiconductor company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.10. IPG Photonics had a negative net margin of 14.20% and a positive return on equity of 4.32%. The business had revenue of $233.14 million for the quarter, compared to analyst estimates of $227.89 million. During the same period in the prior year, the firm posted $1.16 EPS. The company’s revenue was down 22.6% on a year-over-year basis.

Several other equities analysts have also weighed in on IPGP. Benchmark reaffirmed a “hold” rating on shares of IPG Photonics in a research note on Wednesday. Needham & Company LLC reiterated a “hold” rating on shares of IPG Photonics in a research note on Wednesday. Stifel Nicolaus cut their target price on shares of IPG Photonics from $115.00 to $100.00 and set a “buy” rating on the stock in a research note on Wednesday, July 31st. Finally, Raymond James decreased their price target on shares of IPG Photonics from $127.00 to $100.00 and set a “strong-buy” rating for the company in a research report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $93.50.

IPG Photonics Price Performance

IPGP stock opened at $82.29 on Friday. The stock has a 50-day moving average price of $72.13 and a two-hundred day moving average price of $79.25. IPG Photonics has a 12-month low of $61.86 and a 12-month high of $111.11.

Hedge Funds Weigh In On IPG Photonics

Several institutional investors and hedge funds have recently made changes to their positions in the business. Crewe Advisors LLC acquired a new position in IPG Photonics during the 1st quarter worth $52,000. Innealta Capital LLC bought a new position in shares of IPG Photonics during the second quarter worth about $85,000. Assetmark Inc. lifted its position in shares of IPG Photonics by 28.3% during the third quarter. Assetmark Inc. now owns 1,336 shares of the semiconductor company’s stock worth $99,000 after purchasing an additional 295 shares during the last quarter. Covestor Ltd grew its stake in IPG Photonics by 7.7% in the third quarter. Covestor Ltd now owns 1,869 shares of the semiconductor company’s stock worth $139,000 after purchasing an additional 133 shares in the last quarter. Finally, EntryPoint Capital LLC increased its holdings in IPG Photonics by 97.6% in the first quarter. EntryPoint Capital LLC now owns 1,964 shares of the semiconductor company’s stock valued at $178,000 after buying an additional 970 shares during the last quarter. 93.79% of the stock is currently owned by hedge funds and other institutional investors.

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.