2024-03-27 04:49:55 ET
Summary
- IPG Photonics has experienced stagnant sales and declining margins in recent years, leading to a challenging outlook for the company.
- The company's first quarter sales are expected to decline by 28% year-over-year, indicating ongoing difficulties.
- IPG Photonics faces competition and lack of developments suggesting a turnaround, making it risky to buy the stock, despite secular growth of its technologies.
Shares of IPG Photonics ( IPGP ) have seen a very difficult time as the former growth darling has seen stagnant results at best in recent years, the result of the combination of less operational strength and competitive pressures....
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IPG Photonics: Laser business Has Lost Its Laser Focus