Ipg Photonics News Today

Channing Capital Management LLC bought a new position in shares of IPG Photonics Co. (NASDAQ:IPGP – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 651,546 shares of the semiconductor company’s stock, valued at approximately $70,719,000. IPG Photonics […]

Needham & Company LLC reaffirmed their hold rating on shares of IPG Photonics (NASDAQ:IPGP – Free Report) in a research note released on Wednesday, Benzinga reports. A number of other brokerages also recently issued reports on IPGP. Citigroup downgraded IPG Photonics from a neutral rating to a sell rating and reduced their price target for […]

IPG Photonics (NASDAQ:IPGP – Free Report) had its price target lowered by Benchmark from $116.00 to $106.00 in a research note published on Wednesday, Benzinga reports. Benchmark currently has a buy rating on the semiconductor company’s stock. Several other research firms also recently issued reports on IPGP. Seaport Res Ptn restated a buy rating on […]

IPG Photonics (NASDAQ:IPGP – Free Report) had its price objective trimmed by Benchmark from $116.00 to $106.00 in a research note published on Wednesday, Benzinga reports. The brokerage currently has a buy rating on the semiconductor company’s stock. Other research analysts have also issued research reports about the stock. Seaport Res Ptn reaffirmed a buy […]

IPG Photonics (NASDAQ:IPGP – Get Free Report) updated its second quarter 2024 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.300-0.600 for the period, compared to the consensus estimate of 0.680. The company issued revenue guidance of $240.0 million-$270.0 million, compared to the consensus revenue estimate of $273.1 million. IPG […]

IPG Photonics (NASDAQ:IPGP – Get Free Report) had its target price decreased by analysts at Citigroup from $74.00 to $68.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has a “sell” rating on the semiconductor company’s stock. Citigroup’s price objective suggests a potential downside of 21.57% from the stock’s […]

IPG Photonics Corporation (NASDAQ:IPGP) Q1 2024 Earnings Call Transcript April 30, 2024 IPG Photonics Corporation beats earnings expectations. Reported EPS is $0.522, expectations were $0.48. IPG Photonics Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome […]

IPG Photonics (NASDAQ:IPGP – Get Free Report) posted its quarterly earnings results on Tuesday. The semiconductor company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.04, Briefing.com reports. IPG Photonics had a net margin of 17.00% and a return on equity of 9.18%. The firm had revenue […]

IPG Photonics (NASDAQ:IPGP – Get Free Report) announced its quarterly earnings data on Tuesday. The semiconductor company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.04, Briefing.com reports. IPG Photonics had a net margin of 17.00% and a return on equity of 9.18%. The company had revenue […]

IPG Photonics (NASDAQ:IPGP – Get Free Report) issued an update on its second quarter 2024 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.300-0.600 for the period, compared to the consensus earnings per share estimate of 0.680. The company issued revenue guidance of $240.0 million-$270.0 million, compared to the consensus […]