Dow’s Mixed Session Causes IPG Photonics Corp. Stock to Drop 2.47% to $131.36
July 21, 2023
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IPG ($NASDAQ:IPGP) Photonics Corp. stocks experienced a sharp decrease of 2.47% to $131.36 on Thursday, as the Dow experienced mixed results in its trading session. The company’s lasers are used in materials processing applications such as cutting and welding, micromachining, 3D printing, and laser marking. In addition to its industrial laser solutions, IPG Photonics also offers a range of fiber lasers for medical and other applications. The recent decrease in its stock price was likely due to the overall volatility in the market as well as the lack of clarity surrounding the upcoming US presidential election.
Analysis
At GoodWhale, we conducted an in-depth analysis of IPG PHOTONICS Corporation’s wellbeing. Our Risk Rating categorizes IPG PHOTONICS as a high risk investment for both financial and business aspects. We detected 4 risk warnings in the income sheet, balance sheet, cashflow statement, and non financial areas. These areas include liquidity risk, market risk, operational risk, and credit risk. We strongly recommend that potential investors take the time to review our detailed analysis and register with us to gain access to it. Our risk rating provides essential data to consider before taking a position in IPG PHOTONICS. We can help you make an informed decision and maximize your returns. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ipg Photonics. More…
| Total Revenues | Net Income | Net Margin |
| 1.41k | 100.47 | 9.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ipg Photonics. More…
| Operations | Investing | Financing |
| 233.51 | 198.46 | -551.34 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ipg Photonics. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.67k | 332.63 | 49.43 |
Key Ratios Snapshot
Some of the financial key ratios for Ipg Photonics are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.1% | -4.1% | 15.4% |
| FCF Margin | ROE | ROA |
| 8.2% | 5.7% | 5.1% |
Peers
Its main competitors are SUMCO Corp, AXT Inc, and Entegris Inc.
– SUMCO Corp ($TSE:3436)
SUMCO Corp is a Japanese manufacturer of silicon wafers for the semiconductor industry. The company has a market cap of 642.21B as of 2022 and a Return on Equity of 10.27%. SUMCO is the world’s second largest manufacturer of silicon wafers, behind only Shin-Etsu Chemical. The company has a strong presence in Asia, North America, and Europe.
– AXT Inc ($NASDAQ:AXTI)
AXT is a global manufacturer of compound semiconductor substrates. The company’s products are used in a variety of electronic and optoelectronic applications, including mobile devices, data centers, and communications infrastructure. AXT’s products are also used in a variety of other industries, including automotive, aerospace, and defense.
AXT’s market cap is $186.88M as of 2022. The company has a return on equity of 4.5%.
AXT is a global manufacturer of compound semiconductor substrates. The company’s products are used in a variety of electronic and optoelectronic applications, including mobile devices, data centers, and communications infrastructure. AXT’s products are also used in a variety of other industries, including automotive, aerospace, and defense.
– Entegris Inc ($NASDAQ:ENTG)
Found in 1980, Entegris is a company that specializes in providing materials and solutions for advanced manufacturing processes in the semiconductor and other high-tech industries. Headquartered in Billerica, Massachusetts, Entegris has over 4,000 employees in research, development, manufacturing, and customer service positions across the globe. The company’s products and services are used by customers in over 50 countries.
As of 2022, Entegris has a market capitalization of 11.31 billion dollars and a return on equity of 27.61%. The company’s products and services are essential to the manufacture of semiconductors and other high-tech products. Entegris is a well-established company with a long history of success.
Summary
IPG Photonics Corp is a stock to watch for investors, having recently shed 2.47% to $131.36 in Thursday’s trading session. Although the Dow index was mixed, IPG Photonics is worth considering for those interested in investing. It has seen significant growth since its inception, and its stock price has been pushed up by its successful sales figures. Investors should take into account the company’s fundamentals, such as cash flow and debt, before investing.
Additionally, they should consider the economic outlook and the company’s competitive landscape when making their decision. Finally, they should also be aware of any insider trading that takes place to stay informed and make an informed decision.
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