$1.80 EPS Expected for IPG Photonics Corporation (IPGP)

April 17, 2018 - By Robert Sims

IPG Photonics Corporation (NASDAQ:IPGP) LogoInvestors sentiment decreased to 0.93 in 2017 Q4. Its down 0.09, from 1.02 in 2017Q3. It worsened, as 27 investors sold IPG Photonics Corporation shares while 163 reduced holdings. 74 funds opened positions while 103 raised stakes. 28.63 million shares or 6.64% less from 30.67 million shares in 2017Q3 were reported.
Moreover, Optimum Investment has 0.5% invested in IPG Photonics Corporation (NASDAQ:IPGP) for 7,275 shares. Pictet North America Advsrs, a Switzerland-based fund reported 1,883 shares. Bokf Na owns 3,697 shares for 0.02% of their portfolio. Whittier Trust Company accumulated 76 shares or 0% of the stock. Numeric Ltd Limited Liability Company stated it has 0% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP). Pnc Group Inc reported 1,701 shares. First Personal invested 0% in IPG Photonics Corporation (NASDAQ:IPGP). 420 were accumulated by Evercore Wealth Management Lc. Moreover, Bollard Ltd Liability Co has 0.01% invested in IPG Photonics Corporation (NASDAQ:IPGP). The New York-based Midas Mngmt has invested 0.13% in IPG Photonics Corporation (NASDAQ:IPGP). State Of Alaska Department Of Revenue has 0.01% invested in IPG Photonics Corporation (NASDAQ:IPGP) for 2,600 shares. Bowen Hanes And Com Inc reported 155,000 shares. Btim Corporation invested in 71,728 shares. Geode Cap Management Ltd reported 379,982 shares. Bnp Paribas Asset Mngmt Holdg Sa invested 0% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP).

Since January 8, 2018, it had 0 buys, and 9 insider sales for $13.32 million activity. Mammen Timothy PV also sold $653,825 worth of IPG Photonics Corporation (NASDAQ:IPGP) shares. On Wednesday, March 14 HURLEY WILLIAM S sold $895,755 worth of IPG Photonics Corporation (NASDAQ:IPGP) or 3,500 shares. $2.48M worth of IPG Photonics Corporation (NASDAQ:IPGP) was sold by Lopresti Angelo P on Tuesday, January 16. Another trade for 9,500 shares valued at $2.44M was sold by Shcherbakov Eugene A. 5,000 shares valued at $1.29M were sold by GAUTHIER HENRY E on Friday, January 12.

Analysts expect IPG Photonics Corporation (NASDAQ:IPGP) to report $1.80 EPS on May, 1.They anticipate $0.42 EPS change or 30.43 % from last quarter’s $1.38 EPS. IPGP’s profit would be $96.72 million giving it 32.29 P/E if the $1.80 EPS is correct. After having $1.86 EPS previously, IPG Photonics Corporation’s analysts see -3.23 % EPS growth. The stock increased 0.92% or $2.11 during the last trading session, reaching $232.47. About 187,358 shares traded. IPG Photonics Corporation (NASDAQ:IPGP) has risen 93.68% since April 17, 2017 and is uptrending. It has outperformed by 82.13% the S&P500.

IPG Photonics Corporation (NASDAQ:IPGP) Ratings Coverage

Among 4 analysts covering Ipg Photonics Corp (NASDAQ:IPGP), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Ipg Photonics Corp had 7 analyst reports since October 20, 2017 according to SRatingsIntel. As per Wednesday, January 31, the company rating was maintained by Northcoast. The company was maintained on Friday, February 16 by Stifel Nicolaus. Needham maintained the stock with “Buy” rating in Tuesday, January 23 report. Needham maintained it with “Buy” rating and $230.0 target in Wednesday, November 1 report. The stock of IPG Photonics Corporation (NASDAQ:IPGP) has “Hold” rating given on Tuesday, February 20 by Canaccord Genuity. Needham maintained IPG Photonics Corporation (NASDAQ:IPGP) rating on Friday, October 20. Needham has “Buy” rating and $210.0 target. The stock of IPG Photonics Corporation (NASDAQ:IPGP) has “Hold” rating given on Tuesday, October 31 by Stifel Nicolaus.

IPG Photonics Corporation develops and makes a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications, primarily in materials processing worldwide. The company has market cap of $12.49 billion. The company's laser products include low, medium, and high power lasers; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; laser diode chips and packaged laser diodes; and high power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. It has a 36.55 P/E ratio. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks, such as fiber to the home, fiber to the curb, passive optical networks, and dense wavelength division multiplexing networks; ytterbium and thulium specialty fiber amplifiers and broadband light sources; and single-frequency, linearly polarized, and polarization-maintaining versions of its amplifier products.

IPG Photonics Corporation (NASDAQ:IPGP) Institutional Positions Chart

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