IPGP RSI Chart
Last 7 days
0.6%
Last 30 days
-5.2%
Last 90 days
-13.1%
Trailing 12 Months
-25.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.4B | 1.4B | 1.3B | 1.3B |
2022 | 1.5B | 1.5B | 1.5B | 1.4B |
2021 | 1.3B | 1.4B | 1.4B | 1.5B |
2020 | 1.2B | 1.2B | 1.2B | 1.2B |
2019 | 1.4B | 1.4B | 1.3B | 1.3B |
2018 | 1.5B | 1.5B | 1.5B | 1.5B |
2017 | 1.1B | 1.2B | 1.3B | 1.4B |
2016 | 909.6M | 927.2M | 949.7M | 1.0B |
2015 | 798.2M | 841.2M | 885.0M | 901.3M |
2014 | 676.8M | 700.8M | 728.3M | 769.8M |
2013 | 581.2M | 611.4M | 627.2M | 648.0M |
2012 | 497.7M | 513.7M | 541.0M | 562.5M |
2011 | 348.0M | 402.7M | 451.9M | 474.5M |
2010 | 214.2M | 242.6M | 270.9M | 299.3M |
2009 | 0 | 0 | 0 | 185.9M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
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.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold IPGP recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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% |
Unveiling IPG Photonics Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to IPG Photonics Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
NVDA | 2.0T | 60.9B | 66.93 | 32.7 | ||||
AMD | 245.2B | 22.7B | 287.1 | 10.81 | ||||
AMAT | 162.9B | 26.5B | 22.76 | 6.15 | ||||
INTC | 145.9B | 54.2B | 86.36 | 2.69 | ||||
ADI | 97.4B | 11.6B | 34.61 | 8.42 | ||||
MID-CAP | ||||||||
AMKR | 7.3B | 6.5B | 20.41 | 1.13 | ||||
CRUS | 4.5B | 1.8B | 25.81 | 2.54 | ||||
DIOD | 3.3B | 1.7B | 14.34 | 1.96 | ||||
ACLS | 3.2B | 1.1B | 13.07 | 2.85 | ||||
AMBA | 1.7B | 226.5M | -10.29 | 7.7 | ||||
SMALL-CAP | ||||||||
ACMR | 1.7B | 557.7M | 21.9 | 3.04 | ||||
AOSL | 599.5M | 640.0M | -34.96 | 0.94 | ||||
AEHR | 322.1M | 71.9M | 20.91 | 4.48 | ||||
ATOM | 151.7M | 550.0K | -7.67 | 275.88 | ||||
ASYS | 67.5M | 116.7M | -3.52 | 0.58 |
IPG Photonics Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -0.8% | 299 | 301 | 340 | 347 | 334 | 349 | 377 | 370 | 364 | 379 | 372 | 346 | 337 | 318 | 296 | 249 | 307 | 329 | 364 | 315 | 330 |
Cost Of Revenue | 9.6% | 185 | 168 | 192 | 200 | 273 | 199 | 205 | 198 | 198 | 193 | 191 | 182 | 190 | 166 | 160 | 146 | 182 | 176 | 184 | 166 | 163 |
Gross Profit | -14.1% | 114 | 133 | 148 | 147 | 61.00 | 150 | 172 | 172 | 166 | 186 | 181 | 164 | 147 | 153 | 136 | 103 | 124 | 153 | 180 | 149 | 167 |
Operating Expenses | 10.6% | 85.00 | 77.00 | 76.00 | 72.00 | 149 | 57.00 | 101 | 79.00 | 81.00 | 84.00 | 88.00 | 75.00 | 82.00 | 111 | 89.00 | 58.00 | 124 | 79.00 | 89.00 | 81.00 | 71.00 |
S&GA Expenses | -0.4% | 22.00 | 22.00 | 20.00 | 21.00 | 18.00 | 19.00 | 19.00 | 20.00 | 19.00 | 21.00 | 19.00 | 19.00 | 17.00 | 17.00 | 17.00 | 19.00 | 19.00 | 19.00 | 21.00 | 19.00 | 16.00 |
R&D Expenses | 12.2% | 28.00 | 25.00 | 24.00 | 23.00 | 27.00 | 25.00 | 31.00 | 33.00 | 37.00 | 34.00 | 35.00 | 33.00 | 32.00 | 32.00 | 32.00 | 32.00 | 30.00 | 32.00 | 35.00 | 32.00 | 32.00 |
EBITDA Margin | 56.0% | 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 Expenses | 6.7% | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 | 1.00 | 1.00 |
Income Taxes | -94.3% | 1.00 | 13.00 | 19.00 | 23.00 | 13.00 | 20.00 | 16.00 | 23.00 | 19.00 | 27.00 | 22.00 | 20.00 | 16.00 | 7.00 | 11.00 | 11.00 | 7.00 | 20.00 | 23.00 | 17.00 | 25.00 |
Earnings Before Taxes | -37.8% | 42.00 | 68.00 | 82.00 | 83.00 | -80.04 | 97.00 | 73.00 | 93.00 | 85.00 | 101 | 92.00 | 89.00 | 66.00 | 43.00 | 50.00 | 48.00 | 3.00 | 77.00 | 96.00 | 72.00 | 101 |
EBT Margin | 84.9% | 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% | 41.00 | 55.00 | 62.00 | 60.00 | -92.89 | 76.00 | 57.00 | 70.00 | 65.00 | 75.00 | 70.00 | 68.00 | 49.00 | 36.00 | 38.00 | 36.00 | -4.45 | 57.00 | 72.00 | 55.00 | 76.00 |
Net Income Margin | 165.8% | 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 Cashflow | 35.0% | 81.00 | 60.00 | 41.00 | 4.00 | 16.00 | 51.00 | 44.00 | -8.75 | 55.00 | 62.00 | 89.00 | 60.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 1.0% | 2,699 | 2,673 | 2,696 | 2,671 | 2,743 | 2,963 | 3,049 | 3,098 | 3,171 | 3,144 | 3,087 | 2,983 | 2,936 | 2,795 | 2,759 | 2,680 | 2,730 | 2,731 | 2,737 | 2,629 | 2,574 |
Current Assets | -0.3% | 1,915 | 1,920 | 1,924 | 1,916 | 1,986 | 2,119 | 2,171 | 2,283 | 2,348 | 2,325 | 2,291 | 2,202 | 2,148 | 2,032 | 1,951 | 1,875 | 1,897 | 1,866 | 1,863 | 1,792 | 1,805 |
Cash Equivalents | -2.6% | 515 | 528 | 573 | 521 | 698 | 869 | 772 | 643 | 709 | 795 | 754 | 897 | 879 | 764 | 748 | 570 | 683 | 580 | 530 | 549 | 544 |
Inventory | -5.4% | 454 | 480 | 491 | 506 | 509 | 556 | 557 | 485 | 461 | 435 | 405 | 368 | 365 | 370 | 367 | 363 | 381 | 417 | 426 | 418 | 404 |
Net PPE | 3.5% | 602 | 582 | 609 | 594 | 581 | 662 | 680 | 625 | 635 | 625 | 612 | 601 | 598 | 576 | 586 | 581 | 601 | 596 | 601 | 571 | 543 |
Goodwill | 0.7% | 39.00 | 38.00 | 38.00 | 38.00 | 38.00 | 38.00 | 39.00 | 40.00 | 39.00 | 39.00 | 39.00 | 39.00 | 41.00 | 38.00 | 82.00 | 82.00 | 82.00 | 110 | 111 | 110 | 101 |
Liabilities | -1.9% | 284 | 289 | 298 | 333 | 358 | 382 | 408 | 390 | 423 | 404 | 380 | 342 | 342 | 324 | 321 | 324 | 328 | 350 | 370 | 360 | 368 |
Current Liabilities | -2.2% | 215 | 220 | 228 | 250 | 275 | 296 | 316 | 280 | 313 | 293 | 256 | 215 | 215 | 201 | 195 | 195 | 192 | 206 | 222 | 210 | 246 |
Long Term Debt | - | - | - | - | - | - | - | - | 16.00 | 16.00 | 16.00 | 32.00 | 33.00 | 34.00 | 35.00 | 36.00 | 37.00 | 38.00 | 39.00 | 40.00 | 41.00 | 42.00 |
LT Debt, Current | - | - | - | - | 16.00 | 16.00 | 16.00 | 32.00 | 17.00 | 18.00 | 19.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
LT Debt, Non Current | - | - | - | - | - | - | - | - | 16.00 | 16.00 | 16.00 | 32.00 | 33.00 | 34.00 | 35.00 | 36.00 | 37.00 | 38.00 | 39.00 | 40.00 | 41.00 | 42.00 |
Shareholder's Equity | 1.3% | 2,415 | 2,384 | 2,399 | 2,339 | 2,385 | 2,581 | 2,640 | 2,708 | 2,747 | 2,740 | 2,706 | 2,641 | 2,594 | 2,471 | 2,437 | 2,356 | 2,402 | 2,381 | 2,367 | 2,268 | 2,206 |
Retained Earnings | 1.5% | 2,795 | 2,754 | 2,699 | 2,637 | 2,577 | 2,669 | 2,593 | 2,536 | 2,467 | 2,402 | 2,326 | 2,256 | 2,188 | 2,139 | 2,103 | 2,065 | 2,029 | 2,033 | 1,976 | 1,904 | 1,849 |
Additional Paid-In Capital | 1.6% | 994 | 978 | 970 | 957 | 951 | 939 | 931 | 918 | 908 | 894 | 884 | 868 | 854 | 829 | 812 | 789 | 786 | 772 | 762 | 747 | 745 |
Shares Outstanding | -1.3% | 46.00 | 47.00 | 47.00 | 47.00 | 48.00 | 51.00 | 52.00 | 53.00 | 53.00 | 53.00 | 54.00 | 54.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | - | - | - | - | - | - | - | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 |
Float | - | - | - | 4,100 | - | - | - | 2,400 | - | - | - | 7,700 | - | - | - | 5,700 | - | - | - | 5,100 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 23.4% | 106,062 | 85,978 | 66,666 | 37,280 | 41,623 | 75,865 | 78,738 | 16,423 | 84,544 | 101,966 | 115,647 | 87,543 | 85,318 | 69,761 | 73,475 | 56,781 | 129,939 | 91,803 | 58,124 | 43,655 | 113,050 |
Share Based Compensation | 48.7% | 12,110 | 8,143 | 9,673 | 9,576 | 9,101 | 8,762 | 10,445 | 9,994 | 9,328 | 9,858 | 9,863 | 8,815 | 9,078 | 8,741 | 9,223 | 8,430 | 7,792 | 8,540 | 8,893 | 8,138 | 6,584 |
Cashflow From Investing | -2.9% | -74,558 | -72,455 | 5,477 | -96,018 | -110,513 | 127,244 | 277,751 | 2,470 | -111,458 | -21,181 | -222,949 | -60,694 | -3,496 | -60,874 | 104,550 | -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 | -1,637 | 15,485 | -2,094 | -2,679 | -20,792 | -10,043 | -22,881 | 2,917 | -7,060 | -64,518 |
Buy Backs | 37.6% | 63,968 | 46,497 | -63.00 | 113,094 | 116,621 | 71,279 | 232,849 | 78,757 | 56,818 | 36,340 | 38,683 | 3,048 | - | 9,654 | 15,514 | 12,716 | 14,811 | 23,637 | 2,284 | - | 64,139 |
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 sales | 745,741 | 874,134 | 764,462 |
Gross profit | 541,698 | 555,413 | 696,398 |
Operating expenses: | |||
Sales and marketing | 85,679 | 76,643 | 78,180 |
Research and development | 98,704 | 116,114 | 139,573 |
General and administrative | 125,749 | 131,253 | 125,882 |
Gain on divestiture and sale of asset | 0 | (31,846) | 0 |
Impairment of long-lived assets | 1,237 | 79,949 | 0 |
Restructuring charges (recoveries), net | (288) | 9,697 | 0 |
(Gain) loss on foreign exchange | (1,356) | 4,103 | (15,120) |
Total operating expenses | 309,725 | 385,913 | 328,515 |
Operating income | 231,973 | 169,500 | 367,883 |
Other income (expense), net: | |||
Interest income (expense), net | 41,735 | 12,620 | (1,839) |
Other income, net | 1,167 | 1,231 | 437 |
Total other income (expense) | 42,902 | 13,851 | (1,402) |
Income before provision for income taxes | 274,875 | 183,351 | 366,481 |
Provision for income taxes | 55,997 | 72,589 | 88,615 |
Net income | 218,878 | 110,762 | 277,866 |
Less: net income (loss) attributable to non-controlling interests | 0 | 853 | (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) | 47,154,217 | 50,761,096 | 53,409,673 |
Diluted (in shares) | 47,320,075 | 50,924,742 | 53,930,227 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 514,674 | $ 698,209 |
Short-term investments | 662,807 | 479,374 |
Accounts receivable, net | 219,053 | 211,347 |
Inventories | 453,874 | 509,363 |
Prepaid income taxes | 26,038 | 40,934 |
Prepaid expenses and other current assets | 38,208 | 47,047 |
Total current assets | 1,914,654 | 1,986,274 |
Deferred income taxes, net | 88,788 | 75,152 |
Goodwill | 38,540 | 38,325 |
Intangible assets, net | 26,234 | 34,120 |
Property, plant and equipment, net | 602,257 | 580,561 |
Other assets | 28,425 | 28,848 |
Total assets | 2,698,898 | 2,743,280 |
Current liabilities: | ||
Current portion of long-term debt | 0 | 16,031 |
Accounts payable | 28,618 | 46,233 |
Accrued expenses and other liabilities | 181,350 | 202,764 |
Income taxes payable | 4,893 | 9,618 |
Total current liabilities | 214,861 | 274,646 |
Other long-term liabilities and deferred income taxes | 68,652 | 83,274 |
Total liabilities | 283,513 | 357,920 |
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. | 6 | 6 |
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 capital | 994,020 | 951,371 |
Retained earnings | 2,795,394 | 2,576,516 |
Accumulated other comprehensive loss | (212,530) | (204,524) |
Total IPG Photonics Corporation stockholders' equity | 2,415,385 | 2,385,360 |
Total liabilities and equity | $ 2,698,898 | $ 2,743,280 |