Wall Street analysts expect Vishay Precision Group Inc (NYSE:VPG) to post earnings per share (EPS) of $0.40 for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Vishay Precision Group’s earnings. The lowest EPS estimate is $0.36 and the highest is $0.44. Vishay Precision Group reported earnings of $0.57 per share in the same quarter last year, which would indicate a negative year over year growth rate of 29.8%. The firm is expected to report its next earnings report on Tuesday, November 5th.
On average, analysts expect that Vishay Precision Group will report full-year earnings of $1.91 per share for the current year, with EPS estimates ranging from $1.84 to $1.98. For the next financial year, analysts anticipate that the business will report earnings of $2.33 per share, with EPS estimates ranging from $2.17 to $2.48. 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 released its quarterly earnings data on Tuesday, August 6th. The scientific and technical instruments company reported $0.45 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.52 by ($0.07). Vishay Precision Group had a net margin of 8.26% and a return on equity of 13.16%. The business had revenue of $70.90 million for the quarter, compared to the consensus estimate of $73.71 million. During the same quarter last year, the firm earned $0.57 EPS. The company’s revenue for the quarter was down 4.4% on a year-over-year basis.
Shares of NYSE:VPG traded up $0.43 during trading on Friday, hitting $33.77. 53,907 shares of the company’s stock traded hands, compared to its average volume of 54,241. Vishay Precision Group has a 52 week low of $26.34 and a 52 week high of $41.90. The company has a current ratio of 4.39, a quick ratio of 3.12 and a debt-to-equity ratio of 0.09. The company has a market cap of $471.65 million, a price-to-earnings ratio of 16.47, a price-to-earnings-growth ratio of 0.91 and a beta of 1.10. The company has a 50-day moving average price of $32.48 and a 200-day moving average price of $36.62.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northern Trust Corp lifted its stake in Vishay Precision Group by 0.9% in the 2nd quarter. Northern Trust Corp now owns 161,690 shares of the scientific and technical instruments company’s stock valued at $6,569,000 after acquiring an additional 1,432 shares in the last quarter. Citadel Advisors LLC lifted its stake in Vishay Precision Group by 9.4% in the 2nd quarter. Citadel Advisors LLC now owns 19,565 shares of the scientific and technical instruments company’s stock valued at $795,000 after acquiring an additional 1,686 shares in the last quarter. BNP Paribas Arbitrage SA lifted its stake in Vishay Precision Group by 3,279.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,163 shares of the scientific and technical instruments company’s stock valued at $74,000 after acquiring an additional 2,099 shares in the last quarter. Bank of America Corp DE lifted its stake in Vishay Precision Group by 21.1% in the 2nd quarter. Bank of America Corp DE now owns 14,576 shares of the scientific and technical instruments company’s stock valued at $592,000 after acquiring an additional 2,543 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in Vishay Precision Group by 37.7% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 12,500 shares of the scientific and technical instruments company’s stock valued at $508,000 after acquiring an additional 3,425 shares in the last quarter. Hedge funds and other institutional investors own 80.68% of the company’s stock.
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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