ipg photonics corp. - IPGP

IPGP

Close Chg Chg %
75.06 -1.61 -2.14%

Closed Market

73.45

-1.61 (2.14%)

Volume: 173.57K

Last Updated:

Nov 15, 2024, 4:00 PM EDT

Company Overview: ipg photonics corp. - IPGP

IPGP Key Data

Open

$75.09

Day Range

73.35 - 75.09

52 Week Range

61.89 - 111.11

Market Cap

$3.25B

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

282.82K

 

IPGP Performance

1 Week
 
-12.41%
 
1 Month
 
-2.83%
 
3 Months
 
8.81%
 
1 Year
 
-22.79%
 
5 Years
 
-47.85%
 

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 -3.219
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 7 10
Mean Estimate 0.23 0.31 -3.22 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 -69.57 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

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

Ipg Photonics Corp. in the News