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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 (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 […]
IPG Photonics Co. (NASDAQ:IPGP – Get Free Report) major shareholder Valentin Gapontsev Trust I sold 9,000 shares of the company’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $85.86, for a total transaction of $772,740.00. Following the completion of the transaction, the insider now owns 7,200,599 […]