Zacks: Brokerages Anticipate Vishay Precision Group Inc (VPG) Will Post Earnings of $0.31 Per Share
Analysts expect Vishay Precision Group Inc (NYSE:VPG) to report earnings of $0.31 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Vishay Precision Group’s earnings, with the lowest EPS estimate coming in at $0.30 and the highest estimate coming in at $0.31. Vishay Precision Group reported earnings per share of $0.26 in the same quarter last year, which would suggest a positive year over year growth rate of 19.2%. The company is scheduled to report its next quarterly earnings report on Tuesday, February 20th.
On average, analysts expect that Vishay Precision Group will report full-year earnings of $1.05 per share for the current fiscal year, with EPS estimates ranging from $1.04 to $1.05. For the next financial year, analysts forecast that the firm will post earnings of $1.30 per share, with EPS estimates ranging from $1.27 to $1.33. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Vishay Precision Group.
Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings data on Tuesday, November 7th. The scientific and technical instruments company reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.01. Vishay Precision Group had a return on equity of 7.52% and a net margin of 5.35%. The business had revenue of $62.80 million for the quarter, compared to analysts’ expectations of $60.88 million. During the same period in the previous year, the business posted $0.21 EPS. The firm’s quarterly revenue was up 15.3% compared to the same quarter last year.
Institutional investors have recently made changes to their positions in the stock. American International Group Inc. raised its stake 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 valued at $118,000 after acquiring an additional 484 shares during the period. Wells Fargo & Company MN increased its position in shares of Vishay Precision Group by 10.4% during the second quarter. Wells Fargo & Company MN now owns 8,435 shares of the scientific and technical instruments company’s stock valued at $146,000 after buying an additional 794 shares during the period. Parametric Portfolio Associates LLC bought a new stake in shares of Vishay Precision Group during the second quarter valued at about $187,000. Citigroup Inc. increased its position in shares of Vishay Precision Group by 40.7% during the second quarter. Citigroup Inc. now owns 11,309 shares of the scientific and technical instruments company’s stock valued at $195,000 after buying an additional 3,272 shares during the period. Finally, Hancock Holding Co. bought a new stake in shares of Vishay Precision Group during the second quarter valued at about $204,000. Institutional investors and hedge funds own 79.78% of the company’s stock.
Shares of Vishay Precision Group (VPG) traded down $0.05 during trading on Tuesday, reaching $26.15. The company had a trading volume of 29,633 shares, compared to its average volume of 36,565. Vishay Precision Group has a fifty-two week low of $15.10 and a fifty-two week high of $27.90. The company has a market cap of $348.24, a PE ratio of 26.39, a P/E/G ratio of 1.42 and a beta of 0.92. The company has a quick ratio of 2.65, a current ratio of 3.92 and a debt-to-equity ratio of 0.16.
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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