Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>IPG Photonics Corp's recent earnings showed mixed results for the company's Q4, 2023.</li><li>The company reported that revenue growth was seen in multiple areas including welding, cleaning, 3D printing, and medical applications.</li><li>The strategic plan to diversify revenue away from cutting and reducing sales from China reflected success.</li></ul>

IPG Photonics Corp's recent earnings showed mixed results for the company's Q4, 2023.The company reported that revenue growth was seen in multiple areas including welding, cleaning, 3D printing, and medical applications.The strategic plan to diversify revenue away from cutting and reducing sales from China reflected success.

IPG Photonics Corporation: Is There A Real Upside From The Industrial And Medical Demand? - Major Drivers

<ul><li>IPG Photonics Corporation delivered a mixed set of results in its most recent result, with revenues falling short of Wall Street expectations but above-par earnings.</li><li>Reduced industrial customer demand and decreased e-mobility applications adversely affected revenue from cutting, welding, and marking applications.</li><li>Additionally, laser technology is gaining traction in automotive and general industrial markets worldwide, especially in welding applications.</li></ul>

IPG Photonics Corporation delivered a mixed set of results in its most recent result, with revenues falling short of Wall Street expectations but above-par earnings.Reduced industrial customer demand and decreased e-mobility applications adversely affected revenue from cutting, welding, and marking applications.Additionally, laser technology is gaining traction in automotive and general industrial markets worldwide, especially in welding applications.

IPG Photonics Corporation: Unveiling the Impact Of Its Miller Electric Collaboration & Other Major Drivers

<ul><li>IPG Photonics Corporation delivered a mixed set of results for the previous quarter, with revenues below the analyst consensus.</li><li>They achieved substantial revenue growth in the welding and cleaning applications, led by robust e-mobility and handheld welding solution sales.</li><li>Additionally, 3D printing and solar cell manufacturing applications have seen increased revenue as a result of better investments in these industries.</li></ul>

IPG Photonics Corporation delivered a mixed set of results for the previous quarter, with revenues below the analyst consensus.They achieved substantial revenue growth in the welding and cleaning applications, led by robust e-mobility and handheld welding solution sales.Additionally, 3D printing and solar cell manufacturing applications have seen increased revenue as a result of better investments in these industries.

IPG Photonics Corporation: The E-Mobility Surge Pushing the Revenue Boundaries! - Major Drivers

<ul><li>Despite the macroeconomic uncertainties that continue to have a negative influence on demand for general industrial applications like cutting and marking, IPG Photonics delivered an all-around beat.</li><li>The company had strong revenue growth in the welding sector, driven by significant EV application sales and high revenue for its portable LightWELD welder.</li><li>Moreover, the company has improved its revenue diversification and decreased its reliance on cyclical and economically delicate industrial areas.</li></ul>

Despite the macroeconomic uncertainties that continue to have a negative influence on demand for general industrial applications like cutting and marking, IPG Photonics delivered an all-around beat.The company had strong revenue growth in the welding sector, driven by significant EV application sales and high revenue for its portable LightWELD welder.Moreover, the company has improved its revenue diversification and decreased its reliance on cyclical and economically delicate industrial areas.

IPG Photonics Corporation: Is The Medical Business Expansion Enough? – Key Drivers

Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>On 3 June 2022, the S&amp;P DJI Global Index team announced changes to the S&amp;P500, S&amp;P Midcap 400, and S&amp;P SmallCap 600 indices (and a number of other smaller indices).</li>
<li>
<a href="https://www.smartkarma.com/entities/vici-properties-inc" target="_blank" data-smartkarma-citation="entities:28786:1" rel="noopener"></a>VICI Properties (VICI) will replace Cerner (CERN) in S&amp;P500 at close of 7 June. Keurig DrPepper and ON Semiconductor will replace UnderArmour and IPG Photonics at close 17 June.</li>
<li>This set of rebalances is particularly interesting in terms of non-offsetting flows, unlike many rebals which are just a game of musical shares between the three top indices.</li>
</ul>


On 3 June 2022, the S&amp;P DJI Global Index team announced changes to the S&amp;P500, S&amp;P Midcap 400, and S&amp;P SmallCap 600 indices (and a number of other smaller indices).

VICI Properties (VICI) will replace Cerner (CERN) in S&amp;P500 at close of 7 June. Keurig DrPepper and ON Semiconductor will replace UnderArmour and IPG Photonics at close 17 June.
This set of rebalances is particularly interesting in terms of non-offsetting flows, unlike many rebals which are just a game of musical shares between the three top indices.


S&P500, S&PMid400, and S&PSmall600 Index Changes for June 2022 - More Interesting Than Usual

United States

IPG Photonics Corporation produces high-power fiber lasers and amplifiers. The Company develops and commercializes optical fiber-based lasers used in a wide range of applications such as materials processing, telecommunications and medical applications.

Ipg Photonics (IPGP US)

IPG Photonics Corporation: Is There A Real Upside From The Industrial And Medical Demand? - Major Drivers

IPG Photonics Corp's recent earnings showed mixed results for the company's Q4, 2023. The company reported that revenue growth was seen in...

Baptista Research

IPG Photonics Corporation: Unveiling the Impact Of Its Miller Electric Collaboration & Other Major Drivers

IPG Photonics Corporation delivered a mixed set of results in its most recent result, with revenues falling short of Wall Street expectations but...

Baptista Research

IPG Photonics Corporation: The E-Mobility Surge Pushing the Revenue Boundaries! - Major Drivers

IPG Photonics Corporation delivered a mixed set of results for the previous quarter, with revenues below the analyst consensus. They achieved...

Baptista Research

IPG Photonics Corporation: Is The Medical Business Expansion Enough? – Key Drivers

Despite the macroeconomic uncertainties that continue to have a negative influence on demand for general industrial applications like cutting and...

Baptista Research

S&P500, S&PMid400, and S&PSmall600 Index Changes for June 2022 - More Interesting Than Usual

The June 2022 S&P500, S&P Midcap 400 and S&P SmallCap 600 Rebalance was announced on 3 June 2022. VICI will replace CERN at the close of 7 June,...

Travis Lundy