A share price of IPG Photonics Corp [IPGP] is currently trading at $60.37, up 3.60%. An important factor to consider is whether the stock is rising or falling in short-term value. The IPGP shares have lost -0.12% over the last week, with a monthly amount drifted -17.67%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
IPG Photonics Corp [NASDAQ: IPGP] stock has seen the most recent analyst activity on December 04, 2024, when Northcoast downgraded its rating to a Neutral. Previously, Seaport Research Partners downgraded its rating to Neutral on August 01, 2024. On July 31, 2024, downgrade downgraded it’s rating to Hold. Citigroup downgraded its rating to a Sell and decreased its price target to $74 on February 15, 2024. Seaport Research Partners initiated its recommendation with a Buy and recommended $125 as its price target on January 25, 2024. Citigroup downgraded its rating to Neutral for this stock on August 18, 2023, and downed its price target to $111. In a note dated August 02, 2023, Raymond James upgraded an Strong Buy rating on this stock but restated the target price of $170.
IPG Photonics Corp experienced fluctuations in its stock price throughout the past year between $56.71 and $92.21. Currently, Wall Street analysts expect the stock to reach $100 within the next 12 months. IPG Photonics Corp [NASDAQ: IPGP] shares were valued at $60.37 at the most recent close of the market. An investor can expect a potential return of 65.65% based on the average IPGP price forecast.
Analyzing the IPGP fundamentals
Trailing Twelve Months sales for IPG Photonics Corp [NASDAQ:IPGP] were 977.13M which represents -21.60% decline. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at -0.21%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.08 and Total Capital is -0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 57.55 points at the first support level, and at 54.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.04, and for the 2nd resistance point, it is at 65.70.
Ratios To Look Out For
To put it in perspective, the Current Ratio for IPG Photonics Corp [NASDAQ:IPGP] is 6.98. On the other hand, the Quick Ratio is 5.59, and the Cash Ratio is 3.02. Considering the valuation of this stock, the price to sales ratio is 2.63, the price to book ratio is 1.27.
Transactions by insiders
Recent insider trading involved Valentin Gapontsev Trust II, Affiliate, that happened on Oct 29 ’24 when 12000.0 shares were purchased. Director, Desmond Jeanmarie F. completed a deal on May 30 ’24 to sell 985.0 shares. Meanwhile, Director Meurice Eric sold 788.0 shares on Apr 29 ’24.
