We think the shares are due for a technical rebound as they’ve sold off 15%+ and hit support levels. The company is still growing revenues fast, and cash flows even much faster. But revenue growth is going to slow down, so we don’t see much in the way of further multiple expansion. Source: Is IPG […]
Entries Tagged as 'IPGP'
July 6th, 2018 · Comments Off on Is IPG Photonics Still A Buy?
December 21st, 2017 · Comments Off on IPG Photonics Is Cutting It
IPG Photonics has had a tremendous year so far. There are a number of secular tailwinds which will ensure solid growth for the foreseeable future. However, we don’t expect much margin expansion anymore, nor much valuation multiple expansion. Still we can see 30% upside for the shares. Source: IPG Photonics Is Cutting It – IPG […]