Wall Street brokerages expect Vishay Precision Group Inc (NYSE:VPG) to post $0.52 earnings per share for the current quarter, according to Zacks. Two analysts have issued estimates for Vishay Precision Group’s earnings, with estimates ranging from $0.51 to $0.53. Vishay Precision Group reported earnings per share of $0.37 in the same quarter last year, which suggests a positive year over year growth rate of 40.5%. The company is expected to announce its next earnings report on Tuesday, May 14th.
On average, analysts expect that Vishay Precision Group will report full year earnings of $2.23 per share for the current financial year, with EPS estimates ranging from $2.18 to $2.27. For the next financial year, analysts expect that the company will post earnings of $2.53 per share, with EPS estimates ranging from $2.30 to $2.75. Zacks’ earnings per share calculations are an average based on a survey of analysts that cover Vishay Precision Group.
Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Wednesday, February 20th. The scientific and technical instruments company reported $0.54 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.54. The firm had revenue of $77.00 million for the quarter, compared to the consensus estimate of $75.94 million. Vishay Precision Group had a net margin of 7.89% and a return on equity of 13.20%. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.39 earnings per share.
Separately, ValuEngine raised shares of Vishay Precision Group from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd.
Shares of VPG opened at $37.73 on Friday. The company has a market capitalization of $509.79 million, a P/E ratio of 18.40, a P/E/G ratio of 0.85 and a beta of 0.98. The company has a current ratio of 3.92, a quick ratio of 2.79 and a debt-to-equity ratio of 0.10. Vishay Precision Group has a 1-year low of $26.34 and a 1-year high of $45.00.
A number of institutional investors and hedge funds have recently made changes to their positions in VPG. Uniplan Investment Counsel Inc. purchased a new stake in Vishay Precision Group in the fourth quarter valued at approximately $7,322,000. Royce & Associates LP raised its stake in Vishay Precision Group by 58.9% in the fourth quarter. Royce & Associates LP now owns 257,800 shares of the scientific and technical instruments company’s stock valued at $7,793,000 after purchasing an additional 95,600 shares in the last quarter. Lord Abbett & CO. LLC raised its stake in Vishay Precision Group by 28.9% in the fourth quarter. Lord Abbett & CO. LLC now owns 362,989 shares of the scientific and technical instruments company’s stock valued at $10,973,000 after purchasing an additional 81,471 shares in the last quarter. Millennium Management LLC raised its stake in Vishay Precision Group by 39.4% in the fourth quarter. Millennium Management LLC now owns 203,591 shares of the scientific and technical instruments company’s stock valued at $6,155,000 after purchasing an additional 57,542 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in Vishay Precision Group by 49.8% in the fourth quarter. American Century Companies Inc. now owns 156,856 shares of the scientific and technical instruments company’s stock valued at $4,742,000 after purchasing an additional 52,131 shares in the last quarter. 82.55% of the stock is currently owned by institutional investors and hedge funds.
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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