IPG Photonics Corp (NASDAQ:IPGP)

CAPS Rating: 5 out of 5

The Company designs and manufactures a line of high-performance fiber lasers and fiber amplifiers for diverse applications in numerous markets, such as materials processing, communications, medical and advanced applications.


Player Avatar joryko (99.22) Submitted: 3/1/2012 6:05:25 PM : Outperform Start Price: $51.68 IPGP Score: +10.40

-Offered 3 million shares of common stock to the public and saw a $4 drop overnight. Offered a good buying spot for me at a slightly discounted price.
-Tremendous balance sheet with almost no debt and over $200 million cash on hand.
-Beat or met earnings estimates in the last 5 quarters.
-Analysts are looking for an EPS of $3.30 in 2013 which would set its Forward PE at about 17 which is acceptable for a growing company with no debt.
-5 year PEG sits at .8 and IPGP had previously spiked in mid February on its strong demand outlook for Q1.

Long term hold for this one.

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