News coverage about IPG Photonics (NASDAQ:IPGP) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. IPG Photonics earned a news impact score of 0.15 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 45.7649927205752 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

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

Shares of IPG Photonics (NASDAQ IPGP) traded up $2.30 during midday trading on Friday, reaching $263.05. 403,469 shares of the company’s stock traded hands, compared to its average volume of 475,152. 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 capitalization of $14,103.69, a P/E ratio of 38.74, a P/E/G ratio of 2.87 and a beta of 1.71. IPG Photonics has a twelve month low of $100.34 and a twelve month high of $264.11.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings data on Tuesday, October 31st. The semiconductor company reported $2.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.79 by $0.32. The business had revenue of $392.62 million during the quarter, compared to the consensus estimate of $367.27 million. IPG Photonics had a net margin of 27.85% and a return on equity of 21.17%. The firm’s quarterly revenue was up 47.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.29 earnings per share. research analysts predict that IPG Photonics will post 7.13 earnings per share for the current fiscal year.

Several research analysts recently commented on the company. BidaskClub upgraded IPG Photonics from a “buy” rating to a “strong-buy” rating in a research report on Friday, January 5th. Zacks Investment Research lowered IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. ValuEngine lowered IPG Photonics from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. DA Davidson lifted their price target on IPG Photonics to $235.00 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Finally, Needham & Company LLC lifted their price target on IPG Photonics from $210.00 to $230.00 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. They noted that the move was a valuation call. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. IPG Photonics has a consensus rating of “Buy” and an average target price of $180.33.

In other IPG Photonics news, CFO Timothy Pv Mammen sold 2,500 shares of the firm’s stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $261.53, for a total value of $653,825.00. Following the completion of the sale, the chief financial officer now owns 33,600 shares of the company’s stock, valued at $8,787,408. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Trevor Ness sold 10,000 shares of the firm’s stock in a transaction dated 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 disclosure for this sale can be found here. In the last three months, insiders sold 44,500 shares of company stock valued at $10,717,320. 33.80% of the stock is owned by insiders.

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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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