Vishay Precision Group Stock Rating Lowered by TheStreet (VPG)
Vishay Precision Group (NYSE:VPG) was downgraded by equities researchers at TheStreet from a “buy” rating to a “hold” rating in a research report issued on Friday, Stock Ratings News reports.
The analysts wrote, “Vishay Precision Group (VPG) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company’s earnings per share.”
Shares of Vishay Precision Group (NYSE:VPG) traded down 0.92% during mid-day trading on Friday, hitting $16.08. The stock had a trading volume of 2,592 shares. Vishay Precision Group has a one year low of $12.57 and a one year high of $17.70. The stock’s 50-day moving average is $14.97 and its 200-day moving average is $15.2. The company has a market cap of $220.8 million and a price-to-earnings ratio of 27.10.
Vishay Precision Group (NYSE:VPG) last posted its earnings data on Wednesday, February 12th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.05. The company had revenue of $62.20 million for the quarter, compared to the consensus estimate of $51.00 million. During the same quarter in the previous year, the company posted $0.15 earnings per share. The company’s revenue for the quarter was up 22.0% on a year-over-year basis.
Vishay Precision Group, Inc (NYSE:VPG) is an international designer, manufacturer and marketer of Foil Technology Products (strain gages, ultra-precision foil resistors, current sensors) and Weighing Modules and Control Systems (load cells/transducers, instruments, weighing modules, and control systems) for a wide variety of applications.
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