Wall Street analysts expect that Vishay Precision Group, Inc. (NYSE:VPG) will report $60.89 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Vishay Precision Group’s earnings, with the highest sales estimate coming in at $61.72 million and the lowest estimate coming in at $60.05 million. Vishay Precision Group reported sales of $54.49 million in the same quarter last year, which indicates a positive year over year growth rate of 11.7%. The business is scheduled to issue its next quarterly earnings results on Tuesday, November 14th.

According to Zacks, analysts expect that Vishay Precision Group will report full-year sales of $60.89 million for the current fiscal year, with estimates ranging from $240.02 million to $242.87 million. For the next financial year, analysts forecast that the firm will report sales of $250.55 million per share, with estimates ranging from $245.00 million to $256.09 million. Zacks Investment Research’s sales calculations 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, August 8th. The scientific and technical instruments company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.05. The business had revenue of $62.30 million for the quarter, compared to analysts’ expectations of $60.19 million. Vishay Precision Group had a return on equity of 7.25% and a net margin of 4.16%. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the firm earned $0.15 earnings per share.

Several equities analysts recently weighed in on VPG shares. B. Riley restated a “buy” rating and set a $22.00 target price on shares of Vishay Precision Group in a report on Monday, August 7th. ValuEngine upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Thursday, August 10th. Finally, BidaskClub upgraded shares of Vishay Precision Group from a “strong sell” rating to a “sell” rating in a report on Monday, August 14th.

Shares of Vishay Precision Group (NYSE VPG) traded up 2.27% during mid-day trading on Wednesday, hitting $24.00. The stock had a trading volume of 2,854 shares. Vishay Precision Group has a 12-month low of $15.10 and a 12-month high of $24.80. The company’s 50 day moving average price is $22.64 and its 200 day moving average price is $18.69. The stock has a market cap of $294.38 million, a P/E ratio of 32.88 and a beta of 0.93.

A number of hedge funds have recently modified their holdings of VPG. Bank of New York Mellon Corp lifted its holdings in Vishay Precision Group by 1.0% in the 1st quarter. Bank of New York Mellon Corp now owns 77,906 shares of the scientific and technical instruments company’s stock worth $1,231,000 after buying an additional 762 shares in the last quarter. American International Group Inc. lifted its holdings in Vishay Precision Group by 7.0% in the 1st quarter. American International Group Inc. now owns 7,440 shares of the scientific and technical instruments company’s stock worth $118,000 after buying an additional 484 shares in the last quarter. Spark Investment Management LLC lifted its holdings in Vishay Precision Group by 63.8% in the 1st quarter. Spark Investment Management LLC now owns 26,200 shares of the scientific and technical instruments company’s stock worth $413,000 after buying an additional 10,200 shares in the last quarter. TIAA CREF Investment Management LLC lifted its holdings in Vishay Precision Group by 3.2% in the 1st quarter. TIAA CREF Investment Management LLC now owns 55,142 shares of the scientific and technical instruments company’s stock worth $871,000 after buying an additional 1,733 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Vishay Precision Group by 3.4% in the 1st quarter. Vanguard Group Inc. now owns 430,698 shares of the scientific and technical instruments company’s stock worth $6,805,000 after buying an additional 14,030 shares in the last quarter. Hedge funds and other institutional investors own 86.47% of the company’s stock.

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Vishay Precision Group Company Profile

Vishay Precision Group, Inc (VPG) is a designer, manufacturer and marketer of sensors and sensor-based measurement systems, as well as specialty resistors and strain gages. The Company operates through three business segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.

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Earnings History and Estimates for Vishay Precision Group (NYSE:VPG)

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