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StockNews.com lowered shares of IPG Photonics (NASDAQ:IPGP – Free Report) from a buy rating to a hold rating in a report released on Saturday. Other research analysts have also issued reports about the company. Citigroup lowered IPG Photonics from a neutral rating to a sell rating and cut their target price for the company from […] ....
IPG Photonics (NASDAQ:IPGP – Get Free Report) declared that its Board of Directors has authorized a stock buyback program on Tuesday, February 13th, RTT News reports. The company plans to buyback $300.00 million in outstanding shares. This buyback authorization allows the semiconductor company to reacquire up to 7.3% of its stock through open market purchases. […] ....
IPG Photonics Co. (NASDAQ:IPGP – Get Free Report) has been given an average recommendation of “Moderate Buy” by the five brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on […] ....
IPG Photonics (NASDAQ:IPGP – Get Free Report) declared that its Board of Directors has authorized a stock buyback plan on Tuesday, February 13th, RTT News reports. The company plans to repurchase $300.00 million in shares. This repurchase authorization authorizes the semiconductor company to buy up to 7.3% of its stock through open market purchases. Stock […] ....
IPG Photonics (NASDAQ:IPGP – Get Free Report) released its quarterly earnings data on Tuesday. The semiconductor company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.06), Briefing.com reports. IPG Photonics had a net margin of 6.40% and a return on equity of 3.56%. The business had revenue of […] ....