Media coverage about IPG Photonics (NASDAQ:IPGP) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. IPG Photonics earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 45.6671968226048 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news articles that may have impacted Accern’s analysis:

Shares of IPG Photonics (NASDAQ:IPGP) traded down $1.67 during midday trading on Tuesday, reaching $204.98. The company’s stock had a trading volume of 411,455 shares, compared to its average volume of 357,081. The company has a current ratio of 9.02, a quick ratio of 7.46 and a debt-to-equity ratio of 0.02. The company has a market cap of $11,005.19, a price-to-earnings ratio of 30.23, a P/E/G ratio of 1.49 and a beta of 1.70. IPG Photonics has a 52-week low of $95.04 and a 52-week high of $248.23.

IPG Photonics (NASDAQ:IPGP) last issued its quarterly earnings results on Tuesday, October 31st. The semiconductor company reported $2.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.79 by $0.32. The firm had revenue of $392.62 million during the quarter, compared to analyst estimates of $367.27 million. IPG Photonics had a return on equity of 21.17% and a net margin of 27.85%. The firm’s quarterly revenue was up 47.6% on a year-over-year basis. During the same period last year, the company posted $1.29 EPS. analysts predict that IPG Photonics will post 7.01 EPS for the current year.

Several research firms recently commented on IPGP. Zacks Investment Research upgraded IPG Photonics from a “hold” rating to a “strong-buy” rating and set a $240.00 target price on the stock in a research report on Friday, October 27th. ValuEngine raised IPG Photonics from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. DA Davidson increased their price target on IPG Photonics to $235.00 and gave the company a “buy” rating in a research note on Wednesday, November 1st. Needham & Company LLC increased their price target on IPG Photonics from $210.00 to $230.00 and gave the company a “buy” rating in a research note on Wednesday, November 1st. They noted that the move was a valuation call. Finally, Benchmark reaffirmed a “buy” rating and set a $230.00 price target on shares of IPG Photonics in a research note on Wednesday, November 1st. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $180.33.

In other news, SVP Trevor Ness sold 10,000 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $208.17, for a total transaction of $2,081,700.00. Following the completion of the sale, the senior vice president now directly owns 22,906 shares of the company’s stock, valued at approximately $4,768,342.02. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Eugene A. Shcherbakov sold 9,500 shares of the firm’s stock in a transaction on Monday, October 16th. The stock was sold at an average price of $198.79, for a total value of $1,888,505.00. Following the sale, the senior vice president now directly owns 16,957 shares of the company’s stock, valued at $3,370,882.03. The disclosure for this sale can be found here. 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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