IPG Photonics Corp (IPGP): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Semiconductor Equipment & Materials industry segment, falling under the Technology sector. The current market capitalization of IPG Photonics Corp is $2.70B. A total of 0.65 million shares were traded on the day, compared to an average of 285.69K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, IPGP has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

In the most recent transaction, Valentin Gapontsev Trust II bought 12,000 shares of IPGP for 79.27 per share on Oct 29 ’24. In a previous transaction on May 30 ’24, Desmond Jeanmarie F. sold 985 shares at 85.20 per share. IPGP shares that Director owns now total 4,319.

Among the insiders who sold shares, Meurice Eric disposed of 788 shares on Apr 29 ’24 at a per-share price of $89.30. This resulted in the Director holding 16,491 shares of IPGP after the transaction. In another insider transaction, Valentin Gapontsev Trust I sold 9,000 shares at $85.86 per share on Apr 23 ’24. Company shares held by the 10% Owner now total 7,200,599.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for IPGP in the last 3 months, the mean price target is $74.80 with high estimates of $90.00 and low estimates of $60.00. In terms of 52-week highs and lows, IPGP has a high of $92.21 and a low of $56.71.

As of this writing, IPGP has an earnings estimate of $0.21 per share for the current quarter. EPS was calculated based on a consensus of 6.0 estimates, with a high estimate of $0.25 per share and a lower estimate of $0.17.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. IPGP’s latest balance sheet shows that the firm has $1.51B in Cash & Short Term Investments as of fiscal 2021. There were $58.13M in debt and $313.43M in liabilities at the time. Its Book Value Per Share was $47.58, while its Total Shareholder’s Equity was $2.75B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IPGP is Buy with a score of 3.10.

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