Equities analysts predict that Vishay Precision Group, Inc. (NYSE:VPG) will report sales of $60.89 million for the current quarter, according to Zacks. Two analysts have provided estimates for Vishay Precision Group’s earnings. The highest sales estimate is $61.72 million and the lowest is $60.05 million. Vishay Precision Group reported sales of $54.49 million during the same quarter last year, which would suggest a positive year over year growth rate of 11.7%. The firm is scheduled to issue its next earnings results before the market opens on Tuesday, November 7th.

According to Zacks, analysts expect that Vishay Precision Group will report full year sales of $60.89 million for the current year, with estimates ranging from $240.02 million to $242.87 million. For the next financial year, analysts expect that the business 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 averages are a mean average based on a survey of sell-side research firms that cover Vishay Precision Group.

Vishay Precision Group (NYSE:VPG) last issued its quarterly earnings data on Tuesday, August 8th. The scientific and technical instruments company reported $0.29 EPS for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.05. The firm had revenue of $62.30 million during the quarter, compared to the consensus estimate of $60.19 million. Vishay Precision Group had a return on equity of 7.25% and a net margin of 4.16%. The firm’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.15 EPS.

Several research firms recently commented on VPG. ValuEngine downgraded Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. BidaskClub upgraded Vishay Precision Group from a “strong sell” rating to a “sell” rating in a research report on Monday, August 14th. Finally, B. Riley restated a “buy” rating and set a $22.00 target price on shares of Vishay Precision Group in a research report on Monday, August 7th.

Several institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp lifted its position in shares of Vishay Precision Group by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 78,187 shares of the scientific and technical instruments company’s stock worth $1,352,000 after buying an additional 281 shares during the period. American International Group Inc. lifted its position in shares of Vishay Precision Group by 7.0% during 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 during the period. Strs Ohio lifted its position in shares of Vishay Precision Group by 1.7% during the 2nd quarter. Strs Ohio now owns 35,500 shares of the scientific and technical instruments company’s stock worth $614,000 after buying an additional 600 shares during the period. Eagle Global Advisors LLC lifted its position in shares of Vishay Precision Group by 3.7% during the 2nd quarter. Eagle Global Advisors LLC now owns 17,484 shares of the scientific and technical instruments company’s stock worth $302,000 after buying an additional 620 shares during the period. Finally, Russell Investments Group Ltd. lifted its position in shares of Vishay Precision Group by 3.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 19,413 shares of the scientific and technical instruments company’s stock worth $336,000 after buying an additional 668 shares during the period. Institutional investors and hedge funds own 79.99% of the company’s stock.

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Vishay Precision Group (NYSE VPG) opened at 24.45 on Monday. The company has a market capitalization of $324.96 million, a P/E ratio of 33.91 and a beta of 0.93. The company’s 50-day moving average price is $23.43 and its 200-day moving average price is $19.43. Vishay Precision Group has a 52 week low of $15.10 and a 52 week high of $24.80.

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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