Los Angeles, CA--Investors have been taking note of IPG Photonics Corporation (Oxford, MA) in recent days, according to Biomedreports.com. IPG develops and manufactures a broad line of high-performance fiber lasers for diverse applications in numerous markets. The company's lasers are in high demand in several industries, including automotive and other materials processing markets.
According to a recent report from The Motley Fool, none of the 11 analysts who were covering IPG officially expected the company to earn more than $0.36 per share in the fourth quarter, but it appears that the company will not only beat those earnings estimates, but will do so convincingly. There has been an enthusiastic response to the pre-announcement by the company but official, audited earnings are set to be announced later this week.
IPG Photonics' lines of low, mid and high-power lasers and amplifiers are used in materials processing, communications, and medical applications (not to mention military, as in anti-aircraft lasers)). Forecasts for the global market in medical systems alone show increased compound annual growth rates (CAGRs) through 2014, according to industry reports.
This is one of the reasons why investors and Wall Street media outlets have become so bullish on the stock in recent weeks. Some analysts expect more positive developments from IPG's shares in 2011 given the company's dominant position in the various rapidly growing fiber-laser markets and some overall steadily improving macroeconomic conditions.
A full report about the market opportunity facing IPG Photonics is available at http://biomedreports.com/2011022264140/ipg-photonics-well-positioned-in-growing-markets-like-healthcare.html
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