Discussion stirs around IPG Photonics Corporation (NASDAQ:IPGP) this week; here is what analysts are saying.

November 10, 2018 - By Hugh Holland

IPG Photonics Corporation (NASDAQ:IPGP) LogoInvestors sentiment increased to 0.99 in Q2 2018. Its up 0.15, from 0.84 in 2018Q1. It increased, as 28 investors sold IPG Photonics Corporation shares while 153 reduced holdings. 56 funds opened positions while 123 raised stakes. 29.78 million shares or 3.03% more from 28.90 million shares in 2018Q1 were reported.
Amp Capital Ltd holds 0.04% or 31,468 shares. Garrison Bradford Assocs invested in 6.4% or 35,400 shares. Bankshares Of Mellon Corp stated it has 0.02% in IPG Photonics Corporation (NASDAQ:IPGP). Prudential Public Ltd Company holds 0.04% or 53,500 shares in its portfolio. Moreover, Commonwealth Savings Bank Of Aus has 0.02% invested in IPG Photonics Corporation (NASDAQ:IPGP) for 9,432 shares. Cibc World Mkts stated it has 6,799 shares or 0.01% of all its holdings. Apg Asset Mngmt Nv has 0.01% invested in IPG Photonics Corporation (NASDAQ:IPGP). Ardevora Asset Llp invested 0% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP). Magnetar Financial Lc holds 2,493 shares or 0.01% of its portfolio. Visionary Asset Inc holds 0.08% in IPG Photonics Corporation (NASDAQ:IPGP) or 1,089 shares. Winslow Evans And Crocker has 1.74% invested in IPG Photonics Corporation (NASDAQ:IPGP). Puzo Michael J reported 2,238 shares stake. Massachusetts Fincl Svcs Ma holds 35,490 shares or 0% of its portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh invested 0.03% in IPG Photonics Corporation (NASDAQ:IPGP). Parallax Volatility Advisers Limited Partnership has 80 shares for 0% of their portfolio.

Since May 11, 2018, it had 0 buys, and 1 sale for $491,260 activity. HURLEY WILLIAM S also sold $1.32M worth of IPG Photonics Corporation (NASDAQ:IPGP) shares.

IPG Photonics Corporation (NASDAQ:IPGP) Ratings Coverage

Among 4 analysts covering IPG Photonics Corporation (NASDAQ:IPGP), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. IPG Photonics Corporation had 5 analyst reports since May 21, 2018 according to SRatingsIntel. The rating was downgraded by Longbow to “Neutral” on Friday, September 28. Raymond James upgraded IPG Photonics Corporation (NASDAQ:IPGP) on Friday, September 21 to “Strong Buy” rating. Stifel Nicolaus maintained the shares of IPGP in report on Monday, October 8 with “Buy” rating. Stifel Nicolaus maintained it with “Buy” rating and $228 target in Wednesday, August 1 report. Below is a list of IPG Photonics Corporation (NASDAQ:IPGP) latest ratings and price target changes.

08/10/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $228 New Target: $190 Maintain
28/09/2018 Broker: Longbow Old Rating: Buy New Rating: Neutral Downgrade
21/09/2018 Broker: Raymond James Old Rating: Market Perform New Rating: Strong Buy Upgrade
01/08/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $282 New Target: $228 Maintain
21/05/2018 Broker: Benchmark Rating: Buy New Target: $262.0000

The stock decreased 2.27% or $3.2 during the last trading session, reaching $137.79. About 506,273 shares traded. IPG Photonics Corporation (NASDAQ:IPGP) has declined 11.55% since November 10, 2017 and is downtrending. It has underperformed by 27.17% the S&P500.

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 $7.36 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 19.1 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.

More important recent IPG Photonics Corporation (NASDAQ:IPGP) news were published by: Seekingalpha.com which released: “IPG Photonics -14% after Q3 miss, downside guidance” on October 30, 2018, also Globenewswire.com published article titled: “IPG Photonics to Participate in Upcoming Investor Conferences”, Nasdaq.com published: “Research Report Identifies Brookfield Asset Management, Becton, Dickinson, IPG Photonics, ASML Holding NV …” on October 19, 2018. More interesting news about IPG Photonics Corporation (NASDAQ:IPGP) was released by: Globenewswire.com and their article: “IPG Photonics Announces New Generation of High Power Fiber Lasers” with publication date: November 02, 2018.

IPG Photonics Corporation (NASDAQ:IPGP) Institutional Positions Chart

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