IPGP RSI Chart
Last 7 days
6.7%
Last 30 days
3.8%
Last 90 days
-10.5%
Trailing 12 Months
-23.0%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.2B | 0 | 0 | 0 |
2023 | 1.4B | 1.4B | 1.3B | 1.3B |
2022 | 1.5B | 1.5B | 1.5B | 1.4B |
2021 | 1.3B | 1.4B | 1.4B | 1.5B |
2020 | 1.2B | 1.2B | 1.2B | 1.2B |
2019 | 1.4B | 1.4B | 1.3B | 1.3B |
2018 | 1.5B | 1.5B | 1.5B | 1.5B |
2017 | 1.1B | 1.2B | 1.3B | 1.4B |
2016 | 909.6M | 927.2M | 949.7M | 1.0B |
2015 | 798.2M | 841.2M | 885.0M | 901.3M |
2014 | 676.8M | 700.8M | 728.3M | 769.8M |
2013 | 581.2M | 611.4M | 627.2M | 648.0M |
2012 | 497.7M | 513.7M | 541.0M | 562.5M |
2011 | 348.0M | 402.7M | 451.9M | 474.5M |
2010 | 214.2M | 242.6M | 270.9M | 299.3M |
2009 | 0 | 0 | 0 | 185.9M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 29, 2024 | meurice eric | acquired | 49,959 | 63.4 | 788 | - |
Apr 29, 2024 | meurice eric | sold | -70,368 | 89.3 | -788 | - |
Apr 23, 2024 | valentin gapontsev trust i | sold | -772,746 | 85.8606 | -9,000 | - |
Apr 01, 2024 | meurice eric | acquired | 49,769 | 63.4 | 785 | - |
Apr 01, 2024 | meurice eric | sold | -71,497 | 91.08 | -785 | - |
Mar 25, 2024 | valentin gapontsev trust i | sold | -895,579 | 89.5579 | -10,000 | - |
Mar 07, 2024 | meurice eric | sold | -70,650 | 90.00 | -785 | - |
Mar 07, 2024 | meurice eric | acquired | 49,769 | 63.4 | 785 | - |
Which funds bought or sold IPGP recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 06, 2024 | TEXAS PERMANENT SCHOOL FUND CORP | added | 1.31 | -425,545 | 2,346,240 | 0.02% |
May 06, 2024 | Advisory Services Network, LLC | sold off | -100 | -38,857 | - | -% |
May 06, 2024 | Parallel Advisors, LLC | added | 33.87 | 2,394 | 22,582 | -% |
May 06, 2024 | AM Squared Ltd | sold off | -100 | -65,124 | - | -% |
May 06, 2024 | TEACHER RETIREMENT SYSTEM OF TEXAS | reduced | -15.93 | -172,000 | 406,000 | -% |
May 06, 2024 | DUALITY ADVISERS, LP | new | - | 301,816 | 301,816 | 0.03% |
May 06, 2024 | Quantbot Technologies LP | new | - | 1,262,500 | 1,262,500 | 0.07% |
May 06, 2024 | DiNuzzo Private Wealth, Inc. | reduced | -16.67 | -198 | 454 | -% |
May 06, 2024 | JOHN G ULLMAN & ASSOCIATES INC | sold off | -100 | -208,939 | - | -% |
May 06, 2024 | SG Americas Securities, LLC | reduced | -75.72 | -582,000 | 148,000 | -% |
Unveiling IPG Photonics Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to IPG Photonics Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
NVDA | 2.3T | 60.9B | 76.06 | 37.15 | ||||
AMD | 249.6B | 22.8B | 223.62 | 10.95 | ||||
AMAT | 172.3B | 26.5B | 24.07 | 6.5 | ||||
INTC | 130.5B | 55.2B | 32.1 | 2.36 | ||||
ADI | 100.9B | 11.6B | 35.84 | 8.72 | ||||
MID-CAP | ||||||||
AMKR | 8.1B | 6.4B | 21.61 | 1.26 | ||||
CRUS | 4.9B | 1.8B | 27.92 | 2.75 | ||||
ACLS | 3.6B | 1.1B | 14.47 | 3.21 | ||||
DIOD | 3.5B | 1.7B | 15.47 | 2.12 | ||||
AMBA | 1.9B | 226.5M | -11.45 | 8.56 | ||||
SMALL-CAP | ||||||||
ACMR | 1.6B | 557.7M | 21.26 | 2.95 | ||||
AOSL | 630.0M | 640.0M | -36.74 | 0.98 | ||||
AEHR | 331.9M | 71.9M | 21.55 | 4.62 | ||||
ATOM | 114.0M | 550.0K | -5.82 | 207.28 | ||||
ASYS | 67.4M | 116.7M | -3.51 | 0.58 |
IPG Photonics Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -15.7% | 252 | 299 | 301 | 340 | 347 | 334 | 349 | 377 | 370 | 364 | 379 | 372 | 346 | 337 | 318 | 296 | 249 | 307 | 329 | 364 | 315 |
Cost Of Revenue | -16.4% | 154 | 185 | 168 | 192 | 200 | 273 | 199 | 205 | 198 | 198 | 193 | 191 | 182 | 190 | 166 | 160 | 146 | 182 | 176 | 184 | 166 |
Gross Profit | -14.6% | 98.00 | 114 | 133 | 148 | 147 | 61.00 | 150 | 172 | 172 | 166 | 186 | 181 | 164 | 147 | 153 | 136 | 103 | 124 | 153 | 180 | 149 |
Operating Expenses | -8.1% | 78.00 | 85.00 | 77.00 | 76.00 | 72.00 | 149 | 57.00 | 101 | 79.00 | 81.00 | 84.00 | 88.00 | 75.00 | 82.00 | 111 | 89.00 | 58.00 | 124 | 79.00 | 89.00 | 81.00 |
S&GA Expenses | 3.8% | 23.00 | 22.00 | 22.00 | 20.00 | 21.00 | 18.00 | 19.00 | 19.00 | 20.00 | 19.00 | 21.00 | 19.00 | 19.00 | 17.00 | 17.00 | 17.00 | 19.00 | 19.00 | 19.00 | 21.00 | 19.00 |
R&D Expenses | 6.0% | 29.00 | 28.00 | 25.00 | 24.00 | 23.00 | 27.00 | 25.00 | 31.00 | 33.00 | 37.00 | 34.00 | 35.00 | 33.00 | 32.00 | 32.00 | 32.00 | 32.00 | 30.00 | 32.00 | 35.00 | 32.00 |
EBITDA Margin | -8.2% | 0.25* | 0.27* | 0.17* | 0.19* | 0.19* | 0.19* | 0.31* | 0.30* | 0.32* | 0.32* | 0.31* | 0.28* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -97.7% | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 | 1.00 |
Income Taxes | 1210.8% | 10.00 | 1.00 | 13.00 | 19.00 | 23.00 | 13.00 | 20.00 | 16.00 | 23.00 | 19.00 | 27.00 | 22.00 | 20.00 | 16.00 | 7.00 | 11.00 | 11.00 | 7.00 | 20.00 | 23.00 | 17.00 |
Earnings Before Taxes | -20.3% | 34.00 | 42.00 | 68.00 | 82.00 | 83.00 | -80.04 | 97.00 | 73.00 | 93.00 | 85.00 | 101 | 92.00 | 89.00 | 66.00 | 43.00 | 50.00 | 48.00 | 3.00 | 77.00 | 96.00 | 72.00 |
EBT Margin | -11.5% | 0.19* | 0.21* | 0.12* | 0.13* | 0.12* | 0.13* | 0.24* | 0.24* | 0.25* | 0.25* | 0.24* | 0.21* | - | - | - | - | - | - | - | - | - |
Net Income | -41.8% | 24.00 | 41.00 | 55.00 | 62.00 | 60.00 | -92.89 | 76.00 | 57.00 | 70.00 | 65.00 | 75.00 | 70.00 | 68.00 | 49.00 | 36.00 | 38.00 | 36.00 | -4.45 | 57.00 | 72.00 | 55.00 |
Net Income Margin | -9.8% | 0.15* | 0.17* | 0.06* | 0.08* | 0.07* | 0.08* | 0.18* | 0.18* | 0.19* | 0.19* | 0.18* | 0.16* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -67.2% | 27.00 | 81.00 | 60.00 | 41.00 | 4.00 | 16.00 | 51.00 | 44.00 | -8.75 | 55.00 | 62.00 | 89.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -3.7% | 2,598 | 2,699 | 2,673 | 2,696 | 2,671 | 2,743 | 2,963 | 3,049 | 3,098 | 3,171 | 3,144 | 3,087 | 2,983 | 2,936 | 2,795 | 2,759 | 2,680 | 2,730 | 2,731 | 2,737 | 2,629 |
Current Assets | -4.4% | 1,830 | 1,915 | 1,920 | 1,924 | 1,916 | 1,986 | 2,119 | 2,171 | 2,283 | 2,348 | 2,325 | 2,291 | 2,202 | 2,148 | 2,032 | 1,951 | 1,875 | 1,897 | 1,866 | 1,863 | 1,792 |
Cash Equivalents | -3.5% | 496 | 515 | 528 | 573 | 521 | 698 | 869 | 772 | 643 | 709 | 795 | 754 | 897 | 879 | 764 | 748 | 570 | 683 | 580 | 530 | 549 |
Inventory | -4.8% | 432 | 454 | 480 | 491 | 506 | 509 | 556 | 557 | 485 | 461 | 435 | 405 | 368 | 365 | 370 | 367 | 363 | 381 | 417 | 426 | 418 |
Net PPE | -2.7% | 586 | 602 | 582 | 609 | 594 | 581 | 662 | 680 | 625 | 635 | 625 | 612 | 601 | 598 | 576 | 586 | 581 | 601 | 596 | 601 | 571 |
Goodwill | -0.5% | 38.00 | 39.00 | 38.00 | 38.00 | 38.00 | 38.00 | 38.00 | 39.00 | 40.00 | 39.00 | 39.00 | 39.00 | 39.00 | 41.00 | 38.00 | 82.00 | 82.00 | 82.00 | 110 | 111 | 110 |
Liabilities | -9.1% | 258 | 284 | 289 | 298 | 333 | 358 | 382 | 408 | 390 | 423 | 404 | 380 | 342 | 342 | 324 | 321 | 324 | 328 | 350 | 370 | 360 |
Current Liabilities | -10.6% | 192 | 215 | 220 | 228 | 250 | 275 | 296 | 316 | 280 | 313 | 293 | 256 | 215 | 215 | 201 | 195 | 195 | 192 | 206 | 222 | 210 |
Long Term Debt | - | - | - | - | - | - | - | - | - | 16.00 | 16.00 | 16.00 | 32.00 | 33.00 | 34.00 | 35.00 | 36.00 | 37.00 | 38.00 | 39.00 | 40.00 | 41.00 |
LT Debt, Current | - | - | - | - | - | 16.00 | 16.00 | 16.00 | 32.00 | 17.00 | 18.00 | 19.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
LT Debt, Non Current | - | - | - | - | - | - | - | - | - | 16.00 | 16.00 | 16.00 | 32.00 | 33.00 | 34.00 | 35.00 | 36.00 | 37.00 | 38.00 | 39.00 | 40.00 | 41.00 |
Shareholder's Equity | -3.1% | 2,341 | 2,415 | 2,384 | 2,399 | 2,339 | 2,385 | 2,581 | 2,640 | 2,708 | 2,747 | 2,740 | 2,706 | 2,641 | 2,594 | 2,471 | 2,437 | 2,356 | 2,402 | 2,381 | 2,367 | 2,268 |
Retained Earnings | 0.9% | 2,819 | 2,795 | 2,754 | 2,699 | 2,637 | 2,577 | 2,669 | 2,593 | 2,536 | 2,467 | 2,402 | 2,326 | 2,256 | 2,188 | 2,139 | 2,103 | 2,065 | 2,029 | 2,033 | 1,976 | 1,904 |
Additional Paid-In Capital | 0.9% | 1,003 | 994 | 978 | 970 | 957 | 951 | 939 | 931 | 918 | 908 | 894 | 884 | 868 | 854 | 829 | 812 | 789 | 786 | 772 | 762 | 747 |
Shares Outstanding | -1.6% | 46.00 | 46.00 | 47.00 | 47.00 | 48.00 | 48.00 | 52.00 | 52.00 | 53.00 | 53.00 | 54.00 | 54.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | - | - | - | - | - | - | - | - | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 |
Float | - | - | - | - | 4,100 | - | - | - | 2,400 | - | - | - | 7,700 | - | - | - | 5,700 | - | - | - | 5,100 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -48.5% | 54,596 | 106,062 | 85,978 | 66,666 | 37,280 | 41,623 | 75,865 | 78,738 | 16,423 | 84,544 | 101,966 | 115,647 | 87,543 | 85,318 | 69,761 | 73,475 | 56,781 | 129,939 | 91,803 | 58,124 | 43,655 |
Share Based Compensation | -19.6% | 9,738 | 12,110 | 8,143 | 9,673 | 9,576 | 9,101 | 8,762 | 10,445 | 9,994 | 9,328 | 9,858 | 9,863 | 8,815 | 9,078 | 8,741 | 9,223 | 8,430 | 7,792 | 8,540 | 8,893 | 8,138 |
Cashflow From Investing | 131.8% | 23,736 | -74,558 | -72,455 | 5,477 | -96,018 | -110,513 | 127,244 | 277,751 | 2,470 | -111,458 | -21,181 | -222,949 | -60,694 | -3,496 | -60,874 | 104,550 | -139,754 | -28,738 | -4,979 | -83,106 | -23,152 |
Cashflow From Financing | -50.3% | -90,774 | -60,389 | -46,198 | -12,557 | -117,236 | -113,688 | -89,411 | -231,005 | -80,445 | -52,947 | -36,435 | -34,047 | -1,637 | 15,485 | -2,094 | -2,679 | -20,792 | -10,043 | -22,881 | 2,917 | -7,060 |
Buy Backs | 40.1% | 89,616 | 63,968 | 46,497 | -63.00 | 113,094 | 116,621 | 71,279 | 232,849 | 78,757 | 56,818 | 36,340 | 38,683 | 3,048 | - | 9,654 | 15,514 | 12,716 | 14,811 | 23,637 | 2,284 | - |
Condensed Consolidated Statements of Income - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Net sales | $ 252,009 | $ 347,174 |
Cost of sales | 154,473 | 200,236 |
Gross profit | 97,536 | 146,938 |
Operating expenses: | ||
Sales and marketing | 22,998 | 21,088 |
Research and development | 29,381 | 22,770 |
General and administrative | 31,158 | 30,128 |
Gain on sale of assets | (6,776) | 0 |
Restructuring charges, net | 0 | 181 |
Loss (gain) on foreign exchange | 1,675 | (2,655) |
Total operating expenses | 78,436 | 71,512 |
Operating income | 19,100 | 75,426 |
Other income, net: | ||
Interest income, net | 14,177 | 7,533 |
Other income, net | 325 | 331 |
Total other income | 14,502 | 7,864 |
Income before provision for income taxes | 33,602 | 83,290 |
Provision for income taxes | 9,503 | 23,155 |
Net income attributable to IPG Photonics Corporation common stockholders | $ 24,099 | $ 60,135 |
Net income attributable to IPG Photonics Corporation per common share: | ||
Basic (in dollars per share) | $ 0.52 | $ 1.26 |
Diluted (in dollars per share) | $ 0.52 | $ 1.26 |
Weighted average common shares outstanding: | ||
Basic (in shares) | 45,960,476 | 47,542,071 |
Diluted (in shares) | 46,174,518 | 47,776,121 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 496,452 | $ 514,674 |
Short-term investments | 643,655 | 662,807 |
Accounts receivable, net | 184,012 | 219,053 |
Inventories | 431,899 | 453,874 |
Prepaid income taxes | 24,530 | 26,038 |
Prepaid expenses and other current assets | 49,071 | 38,208 |
Total current assets | 1,829,619 | 1,914,654 |
Deferred income taxes, net | 84,452 | 88,788 |
Goodwill | 38,351 | 38,540 |
Intangible assets, net | 24,802 | 26,234 |
Property, plant and equipment, net | 585,751 | 602,257 |
Other assets | 35,461 | 28,425 |
Total assets | 2,598,436 | 2,698,898 |
Current liabilities: | ||
Accounts payable | 26,675 | 28,618 |
Accrued expenses and other current liabilities | 163,011 | 181,350 |
Income taxes payable | 2,441 | 4,893 |
Total current liabilities | 192,127 | 214,861 |
Other long-term liabilities and deferred income taxes | 65,589 | 68,652 |
Total liabilities | 257,716 | 283,513 |
Commitments and contingencies (Note 10) | ||
IPG Photonics Corporation equity: | ||
Common stock, $0.0001 par value, 175,000,000 shares authorized; 56,521,438 and 45,566,746 shares issued and outstanding, respectively, at March 31, 2024; 56,317,438 and 46,320,671 shares issued and outstanding, respectively, at December 31, 2023. | 6 | 6 |
Treasury stock, at cost, 10,954,692 and 9,996,767 shares held at March 31, 2024 and December 31, 2023, respectively. | (1,251,121) | (1,161,505) |
Additional paid-in capital | 1,002,600 | 994,020 |
Retained earnings | 2,819,493 | 2,795,394 |
Accumulated other comprehensive loss | (230,258) | (212,530) |
Total IPG Photonics Corporation equity | 2,340,720 | 2,415,385 |
Total liabilities and equity | $ 2,598,436 | $ 2,698,898 |