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IPGP

IPGP - IPG Photonics Corp Stock Price, Fair Value and News

88.10USD+2.73 (+3.20%)Market Closed

Market Summary

IPGP
USD88.10+2.73
Market Closed
3.20%

IPGP Alerts

  • 1 major insider sales recently.

IPGP Stock Price

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IPGP RSI Chart

IPGP Valuation

Market Cap

3.9B

Price/Earnings (Trailing)

17.98

Price/Sales (Trailing)

3.06

EV/EBITDA

9.89

Price/Free Cashflow

21.21

IPGP Price/Sales (Trailing)

IPGP Profitability

Operating Margin

42.08%

EBT Margin

21.35%

Return on Equity

9.06%

Return on Assets

8.11%

Free Cashflow Yield

4.71%

IPGP Fundamentals

IPGP Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

-10.39%

Rev. Growth (Qtr)

-0.83%

IPGP Earnings

Earnings (TTM)

218.9M

Earnings Growth (Yr)

144.6%

Earnings Growth (Qtr)

-24.67%

Breaking Down IPGP Revenue

Last 7 days

0.6%

Last 30 days

-5.2%

Last 90 days

-13.1%

Trailing 12 Months

-25.7%

How does IPGP drawdown profile look like?

IPGP Financial Health

Current Ratio

8.91

IPGP Investor Care

Buy Backs (1Y)

3.21%

Diluted EPS (TTM)

4.63

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.4B1.4B1.3B1.3B
20221.5B1.5B1.5B1.4B
20211.3B1.4B1.4B1.5B
20201.2B1.2B1.2B1.2B
20191.4B1.4B1.3B1.3B
20181.5B1.5B1.5B1.5B
20171.1B1.2B1.3B1.4B
2016909.6M927.2M949.7M1.0B
2015798.2M841.2M885.0M901.3M
2014676.8M700.8M728.3M769.8M
2013581.2M611.4M627.2M648.0M
2012497.7M513.7M541.0M562.5M
2011348.0M402.7M451.9M474.5M
2010214.2M242.6M270.9M299.3M
2009000185.9M
GRUFITY'S FAIR VALUE MODEL

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PurpleZone


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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Very Expensive Stocks
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Tracking the Latest Insider Buys and Sells of IPG Photonics Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
meurice eric
acquired
49,769
63.4
785
-
Apr 01, 2024
meurice eric
sold
-71,497
91.08
-785
-
Mar 25, 2024
valentin gapontsev trust i
sold
-895,579
89.5579
-10,000
-
Mar 07, 2024
meurice eric
acquired
49,769
63.4
785
-
Mar 07, 2024
meurice eric
sold
-70,650
90.00
-785
-
Mar 01, 2024
burgomaster thomas j
acquired
-
-
273
chief accounting officer
Mar 01, 2024
shcherbakov eugene a
sold (taxes)
-
-
-7,971
ceo
Mar 01, 2024
ness trevor
sold (taxes)
-
-
-1,743
svp, sales & strategic bus dev
Mar 01, 2024
shcherbakov eugene a
acquired
-
-
3,415
ceo
Mar 01, 2024
ovtchinnikov alexander
sold (taxes)
-
-
-1,753
svp, chief technology officer

1–10 of 50

Which funds bought or sold IPGP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
Venturi Wealth Management, LLC
added
515
8,549
10,612
-%
Apr 23, 2024
WASHINGTON TRUST Co
sold off
-100
-3,256
-
-%
Apr 23, 2024
Louisiana State Employees Retirement System
added
2.41
-130,017
770,865
0.01%
Apr 23, 2024
RICE HALL JAMES & ASSOCIATES, LLC
reduced
-17.26
-1,272,920
2,850,840
0.16%
Apr 23, 2024
AMALGAMATED BANK
reduced
-18.83
-697,000
1,468,000
0.01%
Apr 23, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
unchanged
-
-117,000
599,000
0.02%
Apr 23, 2024
Global Retirement Partners, LLC
unchanged
-
-1,432
14,420
-%
Apr 23, 2024
WEDGE CAPITAL MANAGEMENT L L P/NC
added
20.68
58,164
7,063,120
0.11%
Apr 23, 2024
FIFTH THIRD BANCORP
added
10.28
-2,158
25,303
-%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
reduced
-3.39
-899,562
3,766,360
0.01%

1–10 of 50

Are Funds Buying or Selling IPGP?

Are funds buying IPGP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own IPGP
No. of Funds

Unveiling IPG Photonics Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
6.49%
3,044,812
SC 13G/A
Feb 08, 2024
first eagle investment management, llc
9.07%
4,257,637
SC 13G/A
Jan 29, 2024
blackrock inc.
5.9%
2,761,451
SC 13G/A
Jan 04, 2024
valentin gapontsev trust i
15.4%
7,229,599
SC 13D/A
Feb 14, 2023
alliancebernstein l.p.
0.7%
327,312
SC 13G/A
Feb 09, 2023
first eagle investment management, llc
8.88%
4,326,220
SC 13G
Feb 09, 2023
vanguard group inc
6.02%
2,930,832
SC 13G/A
Feb 03, 2023
blackrock inc.
6.5%
3,153,901
SC 13G
Feb 14, 2022
alliancebernstein l.p.
6.4%
3,400,502
SC 13G/A
Nov 01, 2021
gapontsev valentin p
0%
0
SC 13G/A

Recent SEC filings of IPG Photonics Corp

View All Filings
Date Filed Form Type Document
Apr 03, 2024
4
Insider Trading
Apr 01, 2024
144
Notice of Insider Sale Intent
Mar 27, 2024
4
Insider Trading
Mar 25, 2024
144
Notice of Insider Sale Intent
Mar 08, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading

Peers (Alternatives to IPG Photonics Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.0T
60.9B
-12.59% 204.78%
66.93
32.7
125.85% 581.31%
245.2B
22.7B
-15.26% 73.85%
287.1
10.81
-3.90% -35.30%
162.9B
26.5B
-8.09% 70.09%
22.76
6.15
0.88% 10.98%
145.9B
54.2B
-19.50% 15.54%
86.36
2.69
-14.00% -78.92%
97.4B
11.6B
-1.82% 1.62%
34.61
8.42
-8.03% -17.90%
MID-CAP
7.3B
6.5B
-6.92% 26.98%
20.41
1.13
-8.30% -53.02%
4.5B
1.8B
-7.29% -2.84%
25.81
2.54
-11.16% -46.12%
3.3B
1.7B
2.08% -16.25%
14.34
1.96
-16.94% -31.42%
3.2B
1.1B
-13.69% -22.83%
13.07
2.85
22.89% 34.51%
1.7B
226.5M
-16.97% -39.29%
-10.29
7.7
-32.92% -159.10%
SMALL-CAP
1.7B
557.7M
-11.19% 166.96%
21.9
3.04
43.44% 97.00%
599.5M
640.0M
-6.75% -18.83%
-34.96
0.94
-19.44% -128.49%
322.1M
71.9M
-27.97% -59.92%
20.91
4.48
14.14% 8.17%
151.7M
550.0K
-7.10% 4.07%
-7.67
275.88
43.98% -13.47%
67.5M
116.7M
-7.39% -45.48%
-3.52
0.58
15.07% -240.88%

IPG Photonics Corp News

Latest updates
MarketBeat • 15 hours ago
Yahoo Canada Shine On • 20 Apr 2024 • 03:56 am
MarketWatch • 18 Apr 2024 • 09:30 pm
Simply Wall St • 15 Apr 2024 • 11:07 am
Yahoo Finance • 11 Mar 2024 • 07:00 am
Yahoo Finance • 2 months ago

IPG Photonics Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-0.8%299301340347334349377370364379372346337318296249307329364315330
Cost Of Revenue9.6%185168192200273199205198198193191182190166160146182176184166163
Gross Profit-14.1%11413314814761.00150172172166186181164147153136103124153180149167
Operating Expenses10.6%85.0077.0076.0072.0014957.0010179.0081.0084.0088.0075.0082.0011189.0058.0012479.0089.0081.0071.00
  S&GA Expenses-0.4%22.0022.0020.0021.0018.0019.0019.0020.0019.0021.0019.0019.0017.0017.0017.0019.0019.0019.0021.0019.0016.00
  R&D Expenses12.2%28.0025.0024.0023.0027.0025.0031.0033.0037.0034.0035.0033.0032.0032.0032.0032.0030.0032.0035.0032.0032.00
EBITDA Margin56.0%0.27*0.17*0.19*0.19*0.19*0.31*0.30*0.32*0.32*0.31*0.28*0.26*---------
Interest Expenses6.7%0.000.000.001.000.001.001.001.001.001.001.001.001.001.001.000.001.000.000.001.001.00
Income Taxes-94.3%1.0013.0019.0023.0013.0020.0016.0023.0019.0027.0022.0020.0016.007.0011.0011.007.0020.0023.0017.0025.00
Earnings Before Taxes-37.8%42.0068.0082.0083.00-80.0497.0073.0093.0085.0010192.0089.0066.0043.0050.0048.003.0077.0096.0072.00101
EBT Margin84.9%0.21*0.12*0.13*0.12*0.13*0.24*0.24*0.25*0.25*0.24*0.21*0.19*---------
Net Income-24.7%41.0055.0062.0060.00-92.8976.0057.0070.0065.0075.0070.0068.0049.0036.0038.0036.00-4.4557.0072.0055.0076.00
Net Income Margin165.8%0.17*0.06*0.08*0.07*0.08*0.18*0.18*0.19*0.19*0.18*0.16*0.15*---------
Free Cashflow35.0%81.0060.0041.004.0016.0051.0044.00-8.7555.0062.0089.0060.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.0%2,6992,6732,6962,6712,7432,9633,0493,0983,1713,1443,0872,9832,9362,7952,7592,6802,7302,7312,7372,6292,574
  Current Assets-0.3%1,9151,9201,9241,9161,9862,1192,1712,2832,3482,3252,2912,2022,1482,0321,9511,8751,8971,8661,8631,7921,805
    Cash Equivalents-2.6%515528573521698869772643709795754897879764748570683580530549544
  Inventory-5.4%454480491506509556557485461435405368365370367363381417426418404
  Net PPE3.5%602582609594581662680625635625612601598576586581601596601571543
  Goodwill0.7%39.0038.0038.0038.0038.0038.0039.0040.0039.0039.0039.0039.0041.0038.0082.0082.0082.00110111110101
Liabilities-1.9%284289298333358382408390423404380342342324321324328350370360368
  Current Liabilities-2.2%215220228250275296316280313293256215215201195195192206222210246
  Long Term Debt--------16.0016.0016.0032.0033.0034.0035.0036.0037.0038.0039.0040.0041.0042.00
    LT Debt, Current----16.0016.0016.0032.0017.0018.0019.004.004.004.004.004.004.004.004.004.004.004.00
    LT Debt, Non Current--------16.0016.0016.0032.0033.0034.0035.0036.0037.0038.0039.0040.0041.0042.00
Shareholder's Equity1.3%2,4152,3842,3992,3392,3852,5812,6402,7082,7472,7402,7062,6412,5942,4712,4372,3562,4022,3812,3672,2682,206
  Retained Earnings1.5%2,7952,7542,6992,6372,5772,6692,5932,5362,4672,4022,3262,2562,1882,1392,1032,0652,0292,0331,9761,9041,849
  Additional Paid-In Capital1.6%994978970957951939931918908894884868854829812789786772762747745
Shares Outstanding-1.3%46.0047.0047.0047.0048.0051.0052.0053.0053.0053.0054.0054.00---------
Minority Interest-------1.001.001.000.001.001.001.001.001.001.001.001.001.000.001.00
Float---4,100---2,400---7,700---5,700---5,100--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations23.4%106,06285,97866,66637,28041,62375,86578,73816,42384,544101,966115,64787,54385,31869,76173,47556,781129,93991,80358,12443,655113,050
  Share Based Compensation48.7%12,1108,1439,6739,5769,1018,76210,4459,9949,3289,8589,8638,8159,0788,7419,2238,4307,7928,5408,8938,1386,584
Cashflow From Investing-2.9%-74,558-72,4555,477-96,018-110,513127,244277,7512,470-111,458-21,181-222,949-60,694-3,496-60,874104,550-139,754-28,738-4,979-83,106-23,152-146,131
Cashflow From Financing-30.7%-60,389-46,198-12,557-117,236-113,688-89,411-231,005-80,445-52,947-36,435-34,047-1,63715,485-2,094-2,679-20,792-10,043-22,8812,917-7,060-64,518
  Buy Backs37.6%63,96846,497-63.00113,094116,62171,279232,84978,75756,81836,34038,6833,048-9,65415,51412,71614,81123,6372,284-64,139

IPGP Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net sales$ 1,287,439$ 1,429,547$ 1,460,860
Cost of sales745,741874,134764,462
Gross profit541,698555,413696,398
Operating expenses:   
Sales and marketing85,67976,64378,180
Research and development98,704116,114139,573
General and administrative125,749131,253125,882
Gain on divestiture and sale of asset0(31,846)0
Impairment of long-lived assets1,23779,9490
Restructuring charges (recoveries), net(288)9,6970
(Gain) loss on foreign exchange(1,356)4,103(15,120)
Total operating expenses309,725385,913328,515
Operating income231,973169,500367,883
Other income (expense), net:   
Interest income (expense), net41,73512,620(1,839)
Other income, net1,1671,231437
Total other income (expense)42,90213,851(1,402)
Income before provision for income taxes274,875183,351366,481
Provision for income taxes55,99772,58988,615
Net income218,878110,762277,866
Less: net income (loss) attributable to non-controlling interests0853(550)
Net income attributable to IPG Photonics Corporation common stockholders$ 218,878$ 109,909$ 278,416
Net income attributable to IPG Photonics Corporation per common share:   
Basic (in dollars per share)$ 4.64$ 2.17$ 5.21
Diluted (in dollars per share)$ 4.63$ 2.16$ 5.16
Weighted average shares outstanding:   
Basic (in shares)47,154,21750,761,09653,409,673
Diluted (in shares)47,320,07550,924,74253,930,227

IPGP Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 514,674$ 698,209
Short-term investments662,807479,374
Accounts receivable, net219,053211,347
Inventories453,874509,363
Prepaid income taxes26,03840,934
Prepaid expenses and other current assets38,20847,047
Total current assets1,914,6541,986,274
Deferred income taxes, net88,78875,152
Goodwill38,54038,325
Intangible assets, net26,23434,120
Property, plant and equipment, net602,257580,561
Other assets28,42528,848
Total assets2,698,8982,743,280
Current liabilities:  
Current portion of long-term debt016,031
Accounts payable28,61846,233
Accrued expenses and other liabilities181,350202,764
Income taxes payable4,8939,618
Total current liabilities214,861274,646
Other long-term liabilities and deferred income taxes68,65283,274
Total liabilities283,513357,920
Commitments and contingencies (Note 14)
IPG Photonics Corporation equity:  
Common stock, $0.0001 par value, 175,000,000 shares authorized; 56,317,438 and 46,320,671 shares issued and outstanding, respectively, at December 31, 2023; 56,017,672 and 48,138,257 shares issued and outstanding, respectively, at December 31, 2022.66
Treasury stock, at cost, 9,996,767 and 7,879,415 shares held at December 31, 2023 and December 31, 2022, respectively.(1,161,505)(938,009)
Additional paid-in capital994,020951,371
Retained earnings2,795,3942,576,516
Accumulated other comprehensive loss(212,530)(204,524)
Total IPG Photonics Corporation stockholders' equity2,415,3852,385,360
Total liabilities and equity$ 2,698,898$ 2,743,280
IPGP
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. The company's 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. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks; and ytterbium and thulium specialty fiber amplifiers and broadband light sources. In addition, the company offers integrated laser systems; 2D compact flat sheet cutter systems and multi-axis systems; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems; and optical transceiver and transponder modules for data center, optical, and communications network of oil and gas utilities. Its laser solutions are also used in materials processing, communications, and medical and advanced applications. The company markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. IPG Photonics Corporation was founded in 1990 and is headquartered in Oxford, Massachusetts.
 CEO
 WEBSITEipgphotonics.com
 INDUSTRYSemiconductors
 EMPLOYEES6230

IPG Photonics Corp Frequently Asked Questions


What is the ticker symbol for IPG Photonics Corp? What does IPGP stand for in stocks?

IPGP is the stock ticker symbol of IPG Photonics Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of IPG Photonics Corp (IPGP)?

As of Tue Apr 23 2024, market cap of IPG Photonics Corp is 3.94 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IPGP stock?

You can check IPGP's fair value in chart for subscribers.

What is the fair value of IPGP stock?

You can check IPGP's fair value in chart for subscribers. The fair value of IPG Photonics Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of IPG Photonics Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IPGP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is IPG Photonics Corp a good stock to buy?

The fair value guage provides a quick view whether IPGP is over valued or under valued. Whether IPG Photonics Corp is cheap or expensive depends on the assumptions which impact IPG Photonics Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IPGP.

What is IPG Photonics Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, IPGP's PE ratio (Price to Earnings) is 17.98 and Price to Sales (PS) ratio is 3.06. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IPGP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on IPG Photonics Corp's stock?

In the past 10 years, IPG Photonics Corp has provided 0.023 (multiply by 100 for percentage) rate of return.