IPG Photonics (IPGP) Receives Media Impact Rating of 0.08

Media headlines about IPG Photonics (NASDAQ:IPGP) have trended somewhat positive on Wednesday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. IPG Photonics earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 46.2606925026742 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

A number of research analysts have recently issued reports on the stock. BidaskClub raised shares of IPG Photonics from a “buy” rating to a “strong-buy” rating in a research report on Friday, January 5th. Zacks Investment Research cut shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. ValuEngine cut shares of IPG Photonics from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. DA Davidson lifted their target price on shares of IPG Photonics to $235.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Finally, Needham & Company LLC lifted their target price on shares of IPG Photonics from $210.00 to $230.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. IPG Photonics currently has a consensus rating of “Buy” and a consensus price target of $180.33.

IPG Photonics (IPGP) traded up $0.66 during mid-day trading on Wednesday, reaching $260.95. 616,980 shares of the company were exchanged, compared to its average volume of 600,229. The firm has a market cap of $14,050.00, a PE ratio of 38.38, a PEG ratio of 2.82 and a beta of 1.71. The company has a quick ratio of 7.46, a current ratio of 9.02 and a debt-to-equity ratio of 0.02. IPG Photonics has a one year low of $98.05 and a one year high of $264.11.

IPG Photonics (NASDAQ:IPGP) last released its earnings results on Tuesday, October 31st. The semiconductor company reported $2.11 EPS for the quarter, topping analysts’ consensus estimates of $1.79 by $0.32. The company had revenue of $392.62 million during the quarter, compared to analysts’ expectations of $367.27 million. IPG Photonics had a net margin of 27.85% and a return on equity of 21.17%. IPG Photonics’s revenue for the quarter was up 47.6% on a year-over-year basis. During the same period last year, the business earned $1.29 EPS. sell-side analysts anticipate that IPG Photonics will post 7.13 earnings per share for the current year.

In other IPG Photonics news, Director Henry E. Gauthier sold 5,000 shares of IPG Photonics stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $257.52, for a total transaction of $1,287,600.00. Following the completion of the sale, the director now directly owns 15,104 shares in the company, valued at approximately $3,889,582.08. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Trevor Ness sold 10,000 shares of IPG Photonics stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $208.17, for a total transaction of $2,081,700.00. Following the sale, the senior vice president now owns 22,906 shares of the company’s stock, valued at $4,768,342.02. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 42,000 shares of company stock valued at $10,063,495. Company insiders own 33.80% of the company’s stock.

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About IPG Photonics

IPG Photonics Corporation is a developer and manufacturer of a line of fiber lasers, fiber amplifiers, diode lasers, laser systems and optical accessories that are used for various applications. The Company offers a line of lasers and amplifiers, which are used in materials processing, communications and medical applications.

Insider Buying and Selling by Quarter for IPG Photonics (NASDAQ:IPGP)

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