Ipg Photonics Stock
Ipg Photonics Stock
Pros and Cons of Ipg Photonics in the next few years
Pros
Cons
Performance of Ipg Photonics vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Ipg Photonics | 1.160% | - | -1.298% | -20.493% | -19.031% | -47.845% | -40.027% |
| Wesco Intl Inc. | 0.620% | 4.516% | 4.516% | 38.462% | 2.532% | 77.049% | 237.044% |
| Hubbell Inc. | -1.080% | 6.780% | 0.000% | - | 26.846% | - | - |
| AAON Inc. | -1.420% | -1.538% | -12.366% | -18.905% | 7.045% | 31.596% | 61.459% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.IPG Photonics, a leading company in the Machinery, Equipment & Components industry with the US symbol IPGP, appears to have experienced various financial changes over the past three years. At first glance, the financials show growth in some areas, while others have seen a decline or remained stable. In the following analysis, the pros and cons of the company's financial performance will be highlighted to provide a comprehensive understanding of IPG Photonics' financial health.
Growing Total Assets: Over the past three years, IPG Photonics' total assets have grown from $2.94 billion in 2020 to $3.17 billion in 2021, and further to $2.74 billion in 2022. This growth indicates that the company has been successful in expanding its asset base and accumulating resources to foster future development.
Strong Cash Position: IPG Photonics has maintained a robust cash position over the years. Although there was a minor drop in cash from $709 million in 2021 to $698 million in 2022, the overall trend has been positive as the company had $876 million in 2020.
Comments