IPG Photonics Corp (NASDAQ: IPGP) has reported E.P.S. of $0.45 for its second fiscal quarter (ending June 30) versus $1.32 for the same period a year ago. E.P.S. were $3.02 for the latest four quarters through June 30 versus $2.15 for the same period a year ago.
Recent Price Action
On 7/30/24, IPG Photonics Corp (NASDAQ: IPGP) stock suffered a large decline of -7.3%, closing at $81.20. Moreover, this decline was accompanied by unusually high trading volume at 189% of normal. Relative to the market the stock has been weak over the last nine months and has declined -9.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, IPGP is expected to continue to be a Value Builder.
IPG Photonics has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. IPG Photonics has a slightly negative Appreciation Score of 40 and a poor Power Rating of 20, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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