Analysts Anticipate Vishay Precision Group Inc (VPG) to Post $0.54 Earnings Per Share

Vishay Precision Group Inc (NYSE:VPG) has been given an average broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation. Vishay Precision Group’s rating score has improved by 50% in the last three months as a result of a number of analysts’ upgrades and downgrades.

Brokers have set a 1-year consensus target price of $51.50 for the company and are forecasting that the company will post $0.54 EPS for the current quarter, according to Zacks. Zacks has also given Vishay Precision Group an industry rank of 81 out of 257 based on the ratings given to related companies.

Several brokerages have issued reports on VPG. ValuEngine cut shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research note on Saturday, September 22nd. Sidoti raised shares of Vishay Precision Group from a “neutral” rating to a “buy” rating in a research note on Thursday, October 11th.

VPG traded down $1.19 during trading on Friday, hitting $29.85. The stock had a trading volume of 121,972 shares, compared to its average volume of 63,554. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.83 and a current ratio of 4.09. The stock has a market capitalization of $418.23 million, a P/E ratio of 26.18, a P/E/G ratio of 0.76 and a beta of 0.98. Vishay Precision Group has a twelve month low of $23.65 and a twelve month high of $45.00.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings data on Tuesday, November 6th. The scientific and technical instruments company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.08. The company had revenue of $75.49 million for the quarter, compared to analysts’ expectations of $73.60 million. Vishay Precision Group had a net margin of 8.45% and a return on equity of 12.63%. Vishay Precision Group’s revenue was up 20.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.32 EPS. Sell-side analysts predict that Vishay Precision Group will post 2.05 EPS for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Vishay Precision Group by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 489,197 shares of the scientific and technical instruments company’s stock valued at $18,296,000 after buying an additional 2,490 shares during the period. Morgan Stanley boosted its position in shares of Vishay Precision Group by 40.0% during the 3rd quarter. Morgan Stanley now owns 36,643 shares of the scientific and technical instruments company’s stock worth $1,371,000 after purchasing an additional 10,477 shares in the last quarter. TIAA CREF Investment Management LLC boosted its position in shares of Vishay Precision Group by 11.1% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 193,328 shares of the scientific and technical instruments company’s stock worth $7,230,000 after purchasing an additional 19,254 shares in the last quarter. Teachers Advisors LLC boosted its position in shares of Vishay Precision Group by 10.0% during the 3rd quarter. Teachers Advisors LLC now owns 21,182 shares of the scientific and technical instruments company’s stock worth $792,000 after purchasing an additional 1,925 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Vishay Precision Group by 228.0% during the 3rd quarter. AQR Capital Management LLC now owns 61,829 shares of the scientific and technical instruments company’s stock worth $2,312,000 after purchasing an additional 42,978 shares in the last quarter. 78.45% of the stock is currently owned by institutional investors.

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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