IPG Photonics Corporation (NASDAQ: IPGP) is one of 32 public companies in the “Electronic Component” industry, but how does it compare to its peers? We will compare IPG Photonics Corporation to related companies based on the strength of its earnings, valuation, dividends, institutional ownership, profitability, risk and analyst recommendations.
This table compares IPG Photonics Corporation and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|IPG Photonics Corporation||26.84%||19.75%||17.31%|
|IPG Photonics Corporation Competitors||1.98%||-1.97%||0.67%|
Institutional and Insider Ownership
59.2% of IPG Photonics Corporation shares are owned by institutional investors. Comparatively, 56.3% of shares of all “Electronic Component” companies are owned by institutional investors. 33.8% of IPG Photonics Corporation shares are owned by insiders. Comparatively, 9.1% of shares of all “Electronic Component” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Risk & Volatility
IPG Photonics Corporation has a beta of 1.64, suggesting that its stock price is 64% more volatile than the S&P 500. Comparatively, IPG Photonics Corporation’s peers have a beta of 1.02, suggesting that their average stock price is 2% more volatile than the S&P 500.
This is a summary of current ratings and target prices for IPG Photonics Corporation and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|IPG Photonics Corporation||0||3||5||0||2.63|
|IPG Photonics Corporation Competitors||98||349||502||6||2.44|
IPG Photonics Corporation presently has a consensus price target of $150.00, suggesting a potential downside of 16.65%. As a group, “Electronic Component” companies have a potential upside of 3.12%. Given IPG Photonics Corporation’s peers higher possible upside, analysts clearly believe IPG Photonics Corporation has less favorable growth aspects than its peers.
Valuation and Earnings
This table compares IPG Photonics Corporation and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|IPG Photonics Corporation||$1.20 billion||$515.19 million||30.15|
|IPG Photonics Corporation Competitors||$895.26 million||$186.21 million||10.26|
IPG Photonics Corporation has higher revenue and earnings than its peers. IPG Photonics Corporation is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
IPG Photonics Corporation beats its peers on 11 of the 13 factors compared.
About IPG Photonics Corporation
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. The Company sells its products globally to original equipment manufacturers (OEMs), system integrators and end users. The Company’s manufacturing facilities are located in the United States, Germany and Russia. The Company offers laser-based systems for certain markets and applications. Its products are designed to be used as general-purpose energy or light sources. Its product line includes High-Power Ytterbium CW (1,000-100,000 Watts), Mid-Power Ytterbium CW (100-999 Watts), Pulsed Ytterbium (0.1 to 200 Watts), Pulsed and CW, Quasi-CW Ytterbium (100-4,500 Watts), Erbium Amplifiers and Transceivers.
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