ipg photonics corp. - IPGP
IPGP
Close Chg Chg %
78.92 -1.80 -2.28%
Closed Market
77.12
-1.80 (2.28%)
Volume: 409.96K
Last Updated:
Nov 26, 2024, 4:00 PM EDT
Company Overview: ipg photonics corp. - IPGP
IPGP Key Data
| Open $78.27 | Day Range 76.84 - 78.27 |
| 52 Week Range 61.89 - 111.11 | Market Cap $3.41B |
| Shares Outstanding 43.25M | Public Float 24.99M |
| Beta 0.98 | Rev. Per Employee N/A |
| P/E Ratio N/A | EPS -$3.47 |
| Yield 0.00% | Dividend $0.65 |
| EX-DIVIDEND DATE Dec 19, 2012 | SHORT INTEREST N/A |
| AVERAGE VOLUME 275.91K |
IPGP Performance
| 1 Week | -0.86% | ||
| 1 Month | 0.39% | ||
| 3 Months | 12.80% | ||
| 1 Year | -19.09% | ||
| 5 Years | -45.72% |
IPGP Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
12
Full Ratings ➔
About ipg photonics corp. - IPGP
IPG Photonics Corp. engages in the design, development, production and distribution of fiber lasers, laser systems, fiber amplifiers, and related optical components. Its products include lasers, beam delivery, medical, telecom equipment, product finder and components such as pump diodes, chillers, and mid-IR crystals. The company was founded by Valentin P. Gapontsev and Igor Samartsev in 1990 and is headquartered in Marlborough, MA.
IPGP At a Glance
IPG Photonics Corp.
377 Simarano Drive
Marlborough, Massachusetts 01752
| Phone | 1-508-373-1100 | Revenue | 1.29B | |
| Industry | Semiconductors | Net Income | 218.88M | |
| Sector | Electronic Technology | Employees | 6,180 | |
| Fiscal Year-end | 12 / 2024 | |||
| View SEC Filings |
IPGP Valuation
| P/E Current | N/A |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 23.466 |
| Price to Sales Ratio | 3.989 |
| Price to Book Ratio | 2.082 |
| Price to Cash Flow Ratio | 17.353 |
| Enterprise Value to EBITDA | 13.204 |
| Enterprise Value to Sales | 3.089 |
| Total Debt to Enterprise Value | 0.005 |
IPGP Efficiency
| Revenue/Employee | 208,323.463 |
| Income Per Employee | 35,417.152 |
| Receivables Turnover | 5.636 |
| Total Asset Turnover | 0.473 |
IPGP Liquidity
| Current Ratio | 8.911 |
| Quick Ratio | 6.799 |
| Cash Ratio | 5.48 |
IPGP Profitability
| Gross Margin | 41.805 |
| Operating Margin | 17.987 |
| Pretax Margin | 21.351 |
| Net Margin | 17.001 |
| Return on Assets | 8.044 |
| Return on Equity | 9.119 |
| Return on Total Capital | 8.994 |
| Return on Invested Capital | 9.061 |
IPGP Capital Structure
| Total Debt to Total Equity | 0.756 |
| Total Debt to Total Capital | 0.75 |
| Total Debt to Total Assets | 0.677 |
| Long-Term Debt to Equity | 0.566 |
| Long-Term Debt to Total Capital | 0.561 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Ipg Photonics Corp. - IPGP
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 1.20B | 1.46B | 1.43B | 1.29B | |
Sales Growth
| -8.66% | +21.66% | -2.14% | -9.94% | |
Cost of Goods Sold (COGS) incl D&A
| 623.60M | 775.64M | 876.52M | 749.22M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 94.55M | 94.59M | 88.90M | 69.62M | |
Depreciation
| 82.58M | 82.16M | 78.45M | 61.73M | |
Amortization of Intangibles
| 11.97M | 12.43M | 10.45M | 7.89M | |
COGS Growth
| -7.92% | +24.38% | +13.01% | -14.52% | |
Gross Income
| 577.13M | 685.22M | 553.03M | 538.22M | |
Gross Income Growth
| -9.45% | +18.73% | -19.29% | -2.68% | |
Gross Profit Margin
| +48.06% | +46.91% | +38.69% | +41.81% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 300.24M | 332.45M | 321.62M | 306.65M | |
Research & Development
| 126.77M | 139.57M | 116.11M | 98.70M | |
Other SG&A
| 173.47M | 192.88M | 205.51M | 207.95M | |
SGA Growth
| -2.38% | +10.73% | -3.26% | -4.65% | |
Other Operating Expense
| - | - | - | 45.38M | - |
Unusual Expense
| - | 46.38M | 89.21M | 949.00K | |
EBIT after Unusual Expense
| 185.13M | 352.76M | 142.20M | 230.62M | |
Non Operating Income/Expense
| 20.56M | 15.56M | 41.15M | 44.26M | |
Non-Operating Interest Income
| - | 6.27M | 12.62M | 41.73M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| - | - | - | 1.84M | - |
Interest Expense Growth
| - | - | - | - | - |
Gross Interest Expense
| - | - | - | 1.84M | - |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 205.69M | 366.48M | 183.35M | 274.88M | |
Pretax Income Growth
| -17.19% | +78.17% | -49.97% | +49.92% | |
Pretax Margin
| +17.13% | +25.09% | +12.83% | +21.35% | |
Income Tax
| 45.35M | 88.61M | 72.59M | 56.00M | |
Income Tax - Current - Domestic
| 4.56M | 14.12M | 43.13M | 27.53M | |
Income Tax - Current - Foreign
| 53.61M | 81.39M | 57.03M | 42.26M | |
Income Tax - Deferred - Domestic
| (11.89M) | 665.00K | (28.10M) | (11.94M) | |
Income Tax - Deferred - Foreign
| (919.00K) | (7.55M) | 525.00K | (1.85M) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 160.34M | 277.87M | 110.76M | 218.88M | |
Minority Interest Expense
| - | 766.00K | (550.00K) | 853.00K | |
Net Income
| 159.57M | 278.42M | 109.91M | 218.88M | |
Net Income Growth
| -11.46% | +74.48% | -60.52% | +99.14% | |
Net Margin Growth
| +13.29% | +19.06% | +7.69% | +17.00% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 159.57M | 278.42M | 109.91M | 218.88M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 159.57M | 278.42M | 109.91M | 218.88M | |
EPS (Basic)
| 3.0003 | 5.2128 | 2.1652 | 4.6418 | |
EPS (Basic) Growth
| -11.67% | +73.74% | -58.46% | +114.38% | |
Basic Shares Outstanding
| 53.19M | 53.41M | 50.76M | 47.15M | |
EPS (Diluted)
| 2.9668 | 5.1625 | 2.1583 | 4.6255 | |
EPS (Diluted) Growth
| -11.38% | +74.01% | -58.19% | +114.31% | |
Diluted Shares Outstanding
| 53.78M | 53.93M | 50.92M | 47.32M | |
EBITDA
| 326.06M | 447.35M | 320.31M | 301.19M | |
EBITDA Growth
| -15.78% | +37.20% | -28.40% | -5.97% | |
EBITDA Margin
| +27.16% | +30.62% | +22.41% | +23.39% |
Snapshot
| Average Recommendation | HOLD | Average Target Price | 84.667 | |
| Number of Ratings | 12 | Current Quarters Estimate | 0.228 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | -3.32 | |
| Last Quarter’s Earnings | -5.33 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 4.63 | Next Fiscal Year Estimate | 2.127 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 8 | 7 | 8 | 10 |
| Mean Estimate | 0.23 | 0.31 | -3.32 | 2.13 |
| High Estimates | 0.28 | 0.44 | 1.86 | 3.05 |
| Low Estimate | 0.14 | 0.13 | -4.16 | 1.55 |
| Coefficient of Variance | 19.20 | 30.91 | -63.03 | 18.69 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 3 | 3 | 4 |
| OVERWEIGHT | 0 | 0 | 1 |
| HOLD | 6 | 6 | 5 |
| UNDERWEIGHT | 2 | 2 | 1 |
| SELL | 1 | 1 | 1 |
| MEAN | Hold | Hold | Hold |
SEC Filings for Ipg Photonics Corp. - IPGP
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Ipg Photonics Corp. - IPGP
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Jun 4, 2024 | Jeanmarie F. Desmond Director | 4,319 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $85.2 per share | 367,978.80 |
| Jun 4, 2024 | Michael C. Child Director | 65,603 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $63.4 per share | 4,159,230.20 |
| Jun 4, 2024 | Michael C. Child Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 29, 2024 | Eric Meurice Director | 16,294 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $86.03 per share | 1,401,772.82 |
| May 10, 2024 | Eugene A. Shcherbakov CEO; Director | 92,682 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 | 0.00 |
| May 2, 2024 | Eric Meurice Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 2, 2024 | Eric Meurice Director | 16,491 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $89.3 per share | 1,472,646.30 |
| Apr 26, 2024 | Gapontsev Valentin Trust I | 7,203,124 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $85.74 per share | 617,595,851.76 |
| Apr 26, 2024 | Gapontsev Valentin Trust I | 7,200,599 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $86.17 per share | 620,475,615.83 |
| Mar 6, 2024 | Alexander Ovtchinnikov SVP, Chief Technology Officer | 76,113 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 6, 2024 | Igor Samartsev SVP, Chief Scientist; Director | 270,926 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 | 0.00 |
| Mar 6, 2024 | Igor Samartsev SVP, Chief Scientist; Director | 271,663 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 6, 2024 | Angelo P. Lopresti SVP, Secretary & Gen Counsel | 59,057 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 | 0.00 |
| Mar 6, 2024 | Angelo P. Lopresti SVP, Secretary & Gen Counsel | 60,826 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 6, 2024 | Timothy P. V. Mammen SVP, Chief Financial Officer | 71,580 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 | 0.00 |
| Mar 6, 2024 | Timothy P. V. Mammen SVP, Chief Financial Officer | 73,701 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 6, 2024 | Trevor Ness SVP, Sales & Strategic Bus Dev | 33,773 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 | 0.00 |
| Mar 6, 2024 | Trevor Ness SVP, Sales & Strategic Bus Dev | 35,516 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 6, 2024 | Alexander Ovtchinnikov SVP, Chief Technology Officer | 74,360 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 | 0.00 |
| Mar 6, 2024 | Eugene A. Shcherbakov CEO; Director | 94,082 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |