IPG PhotonicsIPGP
Market Cap: $2.78B
About: IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, fiber amplifiers, and diode lasers, which are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. A large majority of the firm's revenue is derived from materials processing applications for fiber lasers, including cutting and welding, marking and engraving, and micro-processing. The company generates a majority of its revenue from China and also has its presence in North America, Japan, Germany, and other markets.
Employees: 6,180
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
12% more call options, than puts
Call options by funds: $3.59M | Put options by funds: $3.2M
2.3% more ownership
Funds ownership: 55.16% [Q1] → 57.46% (+2.3%) [Q2]
4% less capital invested
Capital invested by funds: $2.31B [Q1] → $2.21B (-$97.5M) [Q2]
5% less funds holding
Funds holding: 307 [Q1] → 291 (-16) [Q2]
31% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 51
40% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 136
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Raymond James Brian Gesuale 77% 1-year accuracy 17 / 22 met price target | 59%upside $100 | Strong Buy Maintained | 31 Jul 2024 |
Stifel Ruben Roy 56% 1-year accuracy 19 / 34 met price target | 59%upside $100 | Buy Maintained | 31 Jul 2024 |
Financial journalist opinion
Based on 3 articles about IPGP published over the past 30 days