The price-to-earnings ratio for IPG Photonics Corp (NASDAQ: IPGP) is above average at 28.18x. The 36-month beta value for IPGP is also noteworthy at 1.00. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for IPGP is 25.96M, and at present, short sellers hold a 6.36% of that float. The average trading volume of IPGP on October 30, 2024 was 263.82K shares.
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IPGP) stock’s latest price update
IPG Photonics Corp (NASDAQ: IPGP)’s stock price has soared by 7.29 in relation to previous closing price of 79.27. Nevertheless, the company has seen a gain of 13.96% in its stock price over the last five trading days. zacks.com reported 2024-10-29 that Although the revenue and EPS for IPG (IPGP) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
IPGP’s Market Performance
IPGP’s stock has risen by 13.96% in the past week, with a monthly rise of 14.44% and a quarterly rise of 5.78%. The volatility ratio for the week is 3.49% while the volatility levels for the last 30 days are 2.50% for IPG Photonics Corp The simple moving average for the past 20 days is 12.62% for IPGP’s stock, with a 2.33% simple moving average for the past 200 days.
Analysts’ Opinion of IPGP
Citigroup gave a rating of “Sell” to IPGP, setting the target price at $74 in the report published on February 15th of the current year.
IPGP Trading at 19.01% from the 50-Day Moving Average
After a stumble in the market that brought IPGP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.45% of loss for the given period.
Volatility was left at 2.50%, however, over the last 30 days, the volatility rate increased by 3.49%, as shares surge +18.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.73% upper at present.
During the last 5 trading sessions, IPGP rose by +13.96%, which changed the moving average for the period of 200-days by -14.52% in comparison to the 20-day moving average, which settled at $75.52. In addition, IPG Photonics Corp saw -21.64% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IPGP starting from Valentin Gapontsev Trust II, who proposed sale 12,000 shares at the price of $79.27 back on Oct 29 ’24. After this action, Valentin Gapontsev Trust II now owns shares of IPG Photonics Corp, valued at $951,240 using the latest closing price.
Desmond Jeanmarie F., the Director of IPG Photonics Corp, sale 985 shares at $85.20 during a trade that took place back on May 30 ’24, which means that Desmond Jeanmarie F. is holding 4,319 shares at $83,922 based on the most recent closing price.
Stock Fundamentals for IPGP
Current profitability levels for the company are sitting at:
- -0.19 for the present operating margin
- 0.35 for the gross margin
The net margin for IPG Photonics Corp stands at -0.14. The total capital return value is set at -0.09. Equity return is now at value 6.05, with 5.42 for asset returns.
Currently, EBITDA for the company is 301.19 million with net debt to EBITDA at 5.12. When we switch over and look at the enterprise to sales, we see a ratio of 2.76. The receivables turnover for the company is 6.37for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.02.
Conclusion
In summary, IPG Photonics Corp (IPGP) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
