Analysts Expect Vishay Precision Group Inc (VPG) to Post $0.52 Earnings Per Share

Equities research analysts expect that Vishay Precision Group Inc (NYSE:VPG) will report earnings per share of $0.52 for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Vishay Precision Group’s earnings, with the lowest EPS estimate coming in at $0.47 and the highest estimate coming in at $0.56. Vishay Precision Group reported earnings of $0.57 per share in the same quarter last year, which suggests a negative year over year growth rate of 8.8%. The business is scheduled to announce its next quarterly earnings report on Tuesday, August 6th.

According to Zacks, analysts expect that Vishay Precision Group will report full year earnings of $2.25 per share for the current financial year, with EPS estimates ranging from $2.23 to $2.27. For the next financial year, analysts expect that the company will post earnings of $2.58 per share, with EPS estimates ranging from $2.40 to $2.75. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that cover Vishay Precision Group.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Tuesday, May 7th. The scientific and technical instruments company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.09. The firm had revenue of $76.50 million for the quarter, compared to the consensus estimate of $75.77 million. Vishay Precision Group had a return on equity of 13.20% and a net margin of 7.89%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.37 earnings per share.

Separately, B. Riley set a $53.00 price target on Vishay Precision Group and gave the stock a “buy” rating in a research report on Wednesday.

Several institutional investors have recently bought and sold shares of VPG. Quantamental Technologies LLC acquired a new position in shares of Vishay Precision Group in the fourth quarter valued at approximately $28,000. Meeder Asset Management Inc. grew its position in shares of Vishay Precision Group by 76.3% in the fourth quarter. Meeder Asset Management Inc. now owns 1,740 shares of the scientific and technical instruments company’s stock valued at $54,000 after purchasing an additional 753 shares during the last quarter. Globeflex Capital L P acquired a new position in shares of Vishay Precision Group in the fourth quarter valued at approximately $68,000. BNP Paribas Arbitrage SA grew its position in shares of Vishay Precision Group by 3,279.7% in the first quarter. BNP Paribas Arbitrage SA now owns 2,163 shares of the scientific and technical instruments company’s stock valued at $74,000 after purchasing an additional 2,099 shares during the last quarter. Finally, Macquarie Group Ltd. grew its position in shares of Vishay Precision Group by 31.0% in the fourth quarter. Macquarie Group Ltd. now owns 2,536 shares of the scientific and technical instruments company’s stock valued at $77,000 after purchasing an additional 600 shares during the last quarter. 82.11% of the stock is currently owned by institutional investors.

NYSE VPG traded down $0.48 during trading on Monday, reaching $38.99. 614 shares of the company’s stock were exchanged, compared to its average volume of 46,558. The company has a market cap of $518.56 million, a PE ratio of 19.10, a price-to-earnings-growth ratio of 0.86 and a beta of 1.00. The company has a quick ratio of 2.79, a current ratio of 3.92 and a debt-to-equity ratio of 0.10. Vishay Precision Group has a fifty-two week low of $26.34 and a fifty-two week high of $45.00.

Vishay Precision Group Company Profile

Vishay Precision Group, Inc designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada. It operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.

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