Vishay Precision Group Inc (NYSE:VPG) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.

Analysts have set a 1-year consensus price objective of $30.50 for the company and are predicting that the company will post $0.31 earnings per share for the current quarter, according to Zacks. Zacks has also given Vishay Precision Group an industry rank of 74 out of 265 based on the ratings given to its competitors.

VPG has been the subject of a number of analyst reports. B. Riley boosted their price target on Vishay Precision Group from $23.00 to $31.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. ValuEngine raised Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Finally, BidaskClub raised Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Thursday, August 24th.

Shares of Vishay Precision Group (NYSE VPG) traded down $0.05 during trading hours on Monday, reaching $27.15. The company’s stock had a trading volume of 79,259 shares, compared to its average volume of 37,450. Vishay Precision Group has a one year low of $15.10 and a one year high of $28.60. The firm has a market capitalization of $361.52, a P/E ratio of 26.93, a PEG ratio of 1.45 and a beta of 0.92. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.92 and a quick ratio of 2.65.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results 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 company had revenue of $62.80 million during the quarter, compared to the consensus estimate of $60.88 million. During the same period in the previous year, the company posted $0.21 earnings per share. Vishay Precision Group’s revenue for the quarter was up 15.3% on a year-over-year basis. equities research analysts anticipate that Vishay Precision Group will post 1.04 EPS for the current year.

A number of large investors have recently made changes to their positions in the business. Bank of New York Mellon Corp raised its stake 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. Strs Ohio raised its stake 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. Russell Investments Group Ltd. raised its stake 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. Wells Fargo & Company MN raised its stake in shares of Vishay Precision Group by 10.4% during the 2nd quarter. Wells Fargo & Company MN now owns 8,435 shares of the scientific and technical instruments company’s stock worth $146,000 after buying an additional 794 shares during the period. Finally, TIAA CREF Investment Management LLC raised its stake in shares of Vishay Precision Group by 3.2% during 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 during the period. 79.78% of the stock is owned by institutional investors.

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About Vishay Precision Group

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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