IPG Photonics (NASDAQ:IPGP) Reaches New 1-Year High – Should You Buy?

IPG Photonics Corporation (NASDAQ:IPGP)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $95.76 and last traded at $94.55, with a volume of 1150496 shares traded. The stock had previously closed at $92.41.

Analysts Set New Price Targets

Several brokerages have recently issued reports on IPGP. Roth Mkm set a $96.00 target price on shares of IPG Photonics and gave the stock a “buy” rating in a report on Monday, October 6th. Stifel Nicolaus set a $92.00 price target on shares of IPG Photonics in a research report on Tuesday, November 4th. Citigroup upgraded shares of IPG Photonics from a “sell” rating to a “buy” rating and boosted their price objective for the company from $68.00 to $105.00 in a research report on Wednesday, November 5th. Benchmark reaffirmed a “hold” rating on shares of IPG Photonics in a research note on Wednesday, December 10th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $89.33.

IPG Photonics Stock Performance

The company’s 50-day moving average price is $79.96 and its 200 day moving average price is $80.76. The stock has a market capitalization of $3.98 billion, a PE ratio of 155.00, a PEG ratio of 11.68 and a beta of 1.02.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.19. IPG Photonics had a net margin of 2.66% and a return on equity of 2.35%. The company had revenue of $250.79 million for the quarter, compared to analysts’ expectations of $240.18 million. Analysts expect that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Insider Buying and Selling

In related news, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $76.36, for a total value of $2,672,600.00. Following the sale, the insider directly owned 6,721,503 shares of the company’s stock, valued at $513,253,969.08. This represents a 0.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Valentin Gapontsev Trust I sold 47,901 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $76.13, for a total value of $3,646,703.13. Following the transaction, the insider directly owned 6,926,099 shares of the company’s stock, valued at $527,283,916.87. This represents a 0.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 470,913 shares of company stock worth $36,230,775 in the last quarter. Company insiders own 39.50% of the company’s stock.

Institutional Trading of IPG Photonics

Hedge funds and other institutional investors have recently modified their holdings of the business. Emerald Mutual Fund Advisers Trust bought a new position in IPG Photonics in the 3rd quarter worth about $6,645,000. S Squared Technology LLC raised its holdings in IPG Photonics by 7.3% in the second quarter. S Squared Technology LLC now owns 73,866 shares of the semiconductor company’s stock worth $5,071,000 after buying an additional 5,000 shares during the last quarter. QSM Asset Management Ltd lifted its stake in shares of IPG Photonics by 95.6% in the third quarter. QSM Asset Management Ltd now owns 51,832 shares of the semiconductor company’s stock worth $4,058,000 after buying an additional 25,332 shares in the last quarter. Old West Investment Management LLC purchased a new stake in shares of IPG Photonics during the second quarter valued at approximately $601,000. Finally, Brandes Investment Partners LP increased its position in shares of IPG Photonics by 87.8% during the second quarter. Brandes Investment Partners LP now owns 133,592 shares of the semiconductor company’s stock valued at $9,171,000 after acquiring an additional 62,445 shares in the last quarter. 93.79% of the stock is owned by hedge funds and other institutional investors.

IPG Photonics Company Profile

IPG Photonics Corporation is a global leader in the design and manufacture of high-performance fiber lasers and amplifiers used in industrial, medical, scientific, and telecommunications applications. The company’s core products include ytterbium and erbium fiber lasers, diode lasers, and fiber amplifiers that deliver high power and efficiency for precision cutting, welding, marking, and engraving. IPG’s systems are engineered to optimize process speed, reliability, and energy consumption, making them a preferred choice for advanced manufacturing environments.

In addition to stand-alone laser sources, IPG offers turnkey laser systems and integrated solutions tailored to sectors such as automotive, electronics, aerospace, additive manufacturing, and life sciences.