IPG Photonics (NASDAQ:IPGP) Reaches New 12-Month Low – Should You Sell?

IPG Photonics Corporation (NASDAQ:IPGP)’s stock price reached a new 52-week low during trading on Thursday. The stock traded as low as $69.26 and last traded at $70.0590, with a volume of 34,922 shares traded. The stock had previously closed at $74.03.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Citigroup cut their price objective on IPG Photonics from $150.00 to $137.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Needham & Company LLC boosted their target price on IPG Photonics from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research note on Monday, September 21st. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $142.60.

IPG Photonics Trading Up 2.4%

The company has a market cap of $3.02 billion, a price-to-earnings ratio of 109.34, a PEG ratio of 1.67 and a beta of 0.97. The firm’s fifty day simple moving average is $76.93 and its 200 day simple moving average is $97.14.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.21. The company had revenue of $278.58 million for the quarter, compared to the consensus estimate of $279.98 million. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 EPS. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. As a group, sell-side analysts expect that IPG Photonics Corporation will post 1.86 EPS for the current year.

Insiders Place Their Bets

In other IPG Photonics news, Director Eugene A. Scherbakov sold 3,048 shares of IPG Photonics stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $85.30, for a total transaction of $259,994.40. Following the completion of the sale, the director directly owned 45,162 shares of the company’s stock, valued at $3,852,318.60. The trade was a 6.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Peeler acquired 2,710 shares of the stock in a transaction dated Wednesday, August 26th. The shares were acquired at an average cost of $73.58 per share, with a total value of $199,401.80. Following the completion of the transaction, the director owned 20,886 shares in the company, valued at approximately $1,536,791.88. This represents a 14.91% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders sold 104,643 shares of company stock worth $8,992,738. 37.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On IPG Photonics

Several institutional investors have recently added to or reduced their stakes in IPGP. Oregon Public Employees Retirement Fund lifted its stake in IPG Photonics by 2.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 5,139 shares of the semiconductor company’s stock valued at $589,000 after buying an additional 100 shares during the last quarter. State of Michigan Retirement System boosted its holdings in shares of IPG Photonics by 1.7% in the first quarter. State of Michigan Retirement System now owns 6,100 shares of the semiconductor company’s stock valued at $699,000 after acquiring an additional 100 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of IPG Photonics by 17.0% in the first quarter. EverSource Wealth Advisors LLC now owns 915 shares of the semiconductor company’s stock valued at $105,000 after acquiring an additional 133 shares during the period. Versant Capital Management Inc grew its position in shares of IPG Photonics by 42.2% during the third quarter. Versant Capital Management Inc now owns 495 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 147 shares during the last quarter. Finally, Byrne Asset Management LLC grew its position in shares of IPG Photonics by 13.8% during the third quarter. Byrne Asset Management LLC now owns 1,348 shares of the semiconductor company’s stock worth $113,000 after acquiring an additional 163 shares during the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.

IPG Photonics Company Profile

IPG Photonics Corporation (NASDAQ:IPGP) develops and manufactures high-performance fiber lasers, laser systems, optical amplifiers and related components. Its product portfolio includes single-mode and multi-mode fiber lasers, pulsed lasers, diode lasers, beam-delivery systems and other specialized photonics products.

The company’s technologies are used primarily for industrial materials processing applications, including cutting, welding, marking, drilling, cladding and additive manufacturing.