Press coverage about IPG Photonics (NASDAQ:IPGP) has trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. IPG Photonics earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 47.3838821846531 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

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IPGP traded up $2.11 on Monday, hitting $232.47. 245,475 shares of the stock traded hands, compared to its average volume of 617,783. IPG Photonics has a 52 week low of $116.87 and a 52 week high of $264.11. The company has a quick ratio of 7.27, a current ratio of 8.82 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $12,377.89, a price-to-earnings ratio of 32.02, a P/E/G ratio of 2.30 and a beta of 1.82.

IPG Photonics (NASDAQ:IPGP) last issued its quarterly earnings results on Friday, February 16th. The semiconductor company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.14. IPG Photonics had a return on equity of 21.29% and a net margin of 24.67%. The firm had revenue of $361.10 million for the quarter, compared to analyst estimates of $345.63 million. During the same period in the previous year, the company posted $1.39 earnings per share. The company’s quarterly revenue was up 28.9% compared to the same quarter last year. equities research analysts expect that IPG Photonics will post 8.33 EPS for the current year.

IPGP has been the topic of a number of recent analyst reports. BidaskClub upgraded IPG Photonics from a “buy” rating to a “strong-buy” rating in a research note on Friday, January 5th. ValuEngine upgraded IPG Photonics from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Benchmark restated a “buy” rating and set a $255.00 price target (up from $230.00) on shares of IPG Photonics in a research note on Tuesday, February 20th. Canaccord Genuity boosted their price target on IPG Photonics from $210.00 to $235.00 and gave the company a “hold” rating in a research note on Tuesday, February 20th. Finally, Zacks Investment Research upgraded IPG Photonics from a “hold” rating to a “strong-buy” rating and set a $275.00 price target on the stock in a research note on Thursday, February 22nd. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $213.60.

In other news, CFO Timothy Pv Mammen sold 12,500 shares of the company’s stock in a transaction that occurred on Thursday, March 1st. The stock was sold at an average price of $243.41, for a total value of $3,042,625.00. Following the sale, the chief financial officer now directly owns 38,040 shares in the company, valued at approximately $9,259,316.40. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John R. Peeler sold 2,266 shares of the company’s stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $252.95, for a total value of $573,184.70. Following the completion of the sale, the director now owns 9,270 shares in the company, valued at $2,344,846.50. The disclosure for this sale can be found here. Over the last quarter, insiders sold 38,000 shares of company stock worth $9,597,532. Corporate insiders own 33.80% of the company’s stock.

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About IPG Photonics

IPG Photonics Corporation develops and manufactures a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The company's laser products include low, medium, and high power lasers; 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; laser diode chips and packaged laser diodes; and high power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories.

Insider Buying and Selling by Quarter for IPG Photonics (NASDAQ:IPGP)

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