IPG Photonics (NASDAQ:IPGP) will be announcing its earnings results before the market opens on Friday, February 16th. Analysts expect the company to announce earnings of $1.71 per share for the quarter.

IPG Photonics (NASDAQ IPGP) opened at $243.70 on Wednesday. The company has a quick ratio of 7.46, a current ratio of 9.02 and a debt-to-equity ratio of 0.02. The stock has a market cap of $13,070.00, a PE ratio of 35.84, a price-to-earnings-growth ratio of 2.54 and a beta of 1.88. IPG Photonics has a twelve month low of $111.51 and a twelve month high of $264.11.

Several research analysts have issued reports on IPGP shares. BidaskClub cut shares of IPG Photonics from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 2nd. Zacks Investment Research cut shares of IPG Photonics from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. Needham & Company LLC reaffirmed a “buy” rating and issued a $210.00 target price (up from $182.00) on shares of IPG Photonics in a report on Friday, October 20th. Benchmark reaffirmed a “buy” rating and issued a $230.00 target price on shares of IPG Photonics in a report on Wednesday, November 1st. Finally, ValuEngine cut shares of IPG Photonics from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Five research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $196.30.

In other news, SVP Angelo P. Lopresti sold 9,500 shares of IPG Photonics stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $261.49, for a total value of $2,484,155.00. Following the completion of the sale, the senior vice president now directly owns 46,765 shares in the company, valued at $12,228,579.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Timothy Pv Mammen sold 5,000 shares of IPG Photonics stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $252.46, for a total transaction of $1,262,300.00. Following the completion of the sale, the chief financial officer now owns 36,100 shares of the company’s stock, valued at $9,113,806. The disclosure for this sale can be found here. Insiders sold 49,500 shares of company stock valued at $11,979,620 over the last quarter. Company insiders own 33.80% of the company’s stock.

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About IPG Photonics

IPG Photonics Corporation is a developer and manufacturer of a line of fiber lasers, fiber amplifiers, diode lasers, laser systems and optical accessories that are used for various applications. The Company offers a line of lasers and amplifiers, which are used in materials processing, communications and medical applications.

Earnings History for IPG Photonics (NASDAQ:IPGP)

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