IPG Photonics (NASDAQ:IPGP – Free Report) had its price objective trimmed by Benchmark from $116.00 to $106.00 in a research note published on Wednesday, Benzinga reports. The brokerage currently has a buy rating on the semiconductor company’s stock. Other research analysts have also issued research reports about the stock. Seaport Res Ptn reaffirmed a buy […]
IPG Photonics (NASDAQ:IPGP – Get Free Report) updated its second quarter 2024 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.300-0.600 for the period, compared to the consensus estimate of 0.680. The company issued revenue guidance of $240.0 million-$270.0 million, compared to the consensus revenue estimate of $273.1 million. IPG […]
IPG Photonics (NASDAQ:IPGP – Get Free Report) had its target price decreased by analysts at Citigroup from $74.00 to $68.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has a “sell” rating on the semiconductor company’s stock. Citigroup’s price objective suggests a potential downside of 21.57% from the stock’s […]
IPG Photonics Co. (NASDAQ:IPGP – Get Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as $80.33 and last traded at $83.28, with a volume of 92663 shares changing hands. The stock had previously closed at $88.58. Analyst Upgrades and Downgrades A number of research analysts recently […]
IPG Photonics (NASDAQ:IPGP – Get Free Report) released its quarterly earnings data on Tuesday. The semiconductor company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.48 by $0.04, Briefing.com reports. IPG Photonics had a return on equity of 9.18% and a net margin of 17.00%. The business had revenue of $252.00 million […]