Analysts predict that Vishay Precision Group Inc (NYSE:VPG) will announce $75.94 million in sales for the current quarter, Zacks reports. Two analysts have provided estimates for Vishay Precision Group’s earnings. The highest sales estimate is $76.88 million and the lowest is $75.00 million. Vishay Precision Group posted sales of $69.44 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 9.4%. The business is scheduled to announce its next quarterly earnings report on Wednesday, February 20th.
According to Zacks, analysts expect that Vishay Precision Group will report full-year sales of $298.76 million for the current fiscal year, with estimates ranging from $297.81 million to $299.70 million. For the next fiscal year, analysts forecast that the firm will post sales of $315.05 million, with estimates ranging from $315.00 million to $315.09 million. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Vishay Precision Group.
Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings data on Tuesday, November 6th. The scientific and technical instruments company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.08. Vishay Precision Group had a net margin of 8.45% and a return on equity of 12.63%. The company had revenue of $75.49 million during the quarter, compared to the consensus estimate of $73.60 million. During the same quarter last year, the firm posted $0.32 EPS. The company’s quarterly revenue was up 20.2% on a year-over-year basis.
A number of research analysts have recently commented on the stock. ValuEngine downgraded shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Saturday, September 22nd. Sidoti raised shares of Vishay Precision Group from a “neutral” rating to a “buy” rating in a research report on Thursday, October 11th.
Shares of VPG traded up $1.11 during midday trading on Friday, reaching $28.91. The stock had a trading volume of 99,811 shares, compared to its average volume of 69,952. Vishay Precision Group has a one year low of $23.65 and a one year high of $45.00. The company has a market cap of $374.58 million, a PE ratio of 25.36, a price-to-earnings-growth ratio of 0.68 and a beta of 0.98. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.09 and a quick ratio of 2.83.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Teachers Advisors LLC grew its position in shares of Vishay Precision Group by 10.0% in the 3rd quarter. Teachers Advisors LLC now owns 21,182 shares of the scientific and technical instruments company’s stock valued at $792,000 after acquiring an additional 1,925 shares during the period. Allianz Asset Management GmbH grew its position in shares of Vishay Precision Group by 20.5% in the 3rd quarter. Allianz Asset Management GmbH now owns 11,527 shares of the scientific and technical instruments company’s stock valued at $432,000 after acquiring an additional 1,961 shares during the period. Engineers Gate Manager LP grew its position in shares of Vishay Precision Group by 27.8% in the 3rd quarter. Engineers Gate Manager LP now owns 10,057 shares of the scientific and technical instruments company’s stock valued at $376,000 after acquiring an additional 2,185 shares during the period. Simplex Trading LLC grew its position in shares of Vishay Precision Group by 173.4% in the 3rd quarter. Simplex Trading LLC now owns 3,483 shares of the scientific and technical instruments company’s stock valued at $130,000 after acquiring an additional 2,209 shares during the period. Finally, O Shaughnessy Asset Management LLC grew its position in shares of Vishay Precision Group by 11.1% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 23,647 shares of the scientific and technical instruments company’s stock valued at $878,000 after acquiring an additional 2,363 shares during the period. 78.33% of the stock is owned by institutional investors.
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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