Equities analysts forecast that Vishay Precision Group Inc (NYSE:VPG) will announce $0.50 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Vishay Precision Group’s earnings, with estimates ranging from $0.48 to $0.52. Vishay Precision Group posted earnings of $0.39 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 28.2%. The business is scheduled to announce its next earnings results on Wednesday, February 20th.
On average, analysts expect that Vishay Precision Group will report full year earnings of $1.99 per share for the current year, with EPS estimates ranging from $1.94 to $2.04. For the next fiscal year, analysts anticipate that the company will report earnings of $2.31 per share, with EPS estimates ranging from $2.28 to $2.34. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Vishay Precision Group.
Vishay Precision Group (NYSE:VPG) last released its earnings results on Tuesday, November 6th. The scientific and technical instruments company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.08. Vishay Precision Group had a return on equity of 12.63% and a net margin of 8.45%. The company had revenue of $75.49 million for the quarter, compared to the consensus estimate of $73.60 million. During the same quarter last year, the business posted $0.32 EPS. Vishay Precision Group’s quarterly revenue was up 20.2% compared to the same quarter last year.
A number of research analysts have commented on VPG shares. ValuEngine downgraded Vishay Precision Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 8th. B. Riley reaffirmed a “buy” rating and set a $53.00 target price (up previously from $40.00) on shares of Vishay Precision Group in a report on Monday, August 6th. Finally, Sidoti upgraded Vishay Precision Group from a “neutral” rating to a “buy” rating in a research report on Thursday, October 11th.
NYSE:VPG traded down $0.62 during trading hours on Friday, reaching $35.71. 45,747 shares of the stock were exchanged, compared to its average volume of 72,152. The company has a quick ratio of 2.79, a current ratio of 4.09 and a debt-to-equity ratio of 0.11. Vishay Precision Group has a 52 week low of $23.65 and a 52 week high of $45.00. The company has a market cap of $497.60 million, a PE ratio of 31.32, a P/E/G ratio of 0.93 and a beta of 0.97.
In other news, Director Saul Reibstein sold 5,000 shares of the stock in a transaction that occurred on Friday, August 17th. The stock was sold at an average price of $41.87, for a total transaction of $209,350.00. Following the sale, the director now directly owns 13,863 shares in the company, valued at approximately $580,443.81. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ziv Shoshani sold 21,161 shares of the stock in a transaction that occurred on Monday, August 27th. The stock was sold at an average price of $44.87, for a total value of $949,494.07. Following the sale, the chief executive officer now owns 103,082 shares in the company, valued at $4,625,289.34. The disclosure for this sale can be found here. Insiders have sold a total of 41,151 shares of company stock worth $1,812,295 over the last quarter. Insiders own 6.49% of the company’s stock.
Several institutional investors have recently made changes to their positions in VPG. Simplex Trading LLC raised its position in shares of Vishay Precision Group by 173.4% during the 3rd quarter. Simplex Trading LLC now owns 3,483 shares of the scientific and technical instruments company’s stock worth $130,000 after purchasing an additional 2,209 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Vishay Precision Group during the 2nd quarter worth approximately $203,000. Sawgrass Asset Management LLC acquired a new stake in shares of Vishay Precision Group during the 2nd quarter worth approximately $221,000. JBF Capital Inc. acquired a new stake in shares of Vishay Precision Group during the 2nd quarter worth approximately $229,000. Finally, GSA Capital Partners LLP acquired a new stake in shares of Vishay Precision Group during the 2nd quarter worth approximately $231,000. Institutional investors and hedge funds own 80.68% of the company’s stock.
About Vishay Precision Group
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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