Equities analysts expect Vishay Precision Group Inc (NYSE:VPG) to report sales of $63.92 million for the current quarter, Zacks reports. Two analysts have made estimates for Vishay Precision Group’s earnings, with the highest sales estimate coming in at $64.00 million and the lowest estimate coming in at $63.84 million. Vishay Precision Group posted sales of $55.81 million in the same quarter last year, which suggests a positive year over year growth rate of 14.5%. The company is expected to issue its next earnings report on Tuesday, February 20th.
On average, analysts expect that Vishay Precision Group will report full-year sales of $63.92 million for the current year, with estimates ranging from $248.75 million to $248.91 million. For the next financial year, analysts anticipate that the business will post sales of $260.87 million per share, with estimates ranging from $260.00 million to $261.73 million. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for Vishay Precision Group.
Vishay Precision Group (NYSE:VPG) last released its earnings results on Tuesday, November 7th. The scientific and technical instruments company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.26 by $0.01. Vishay Precision Group had a net margin of 5.35% and a return on equity of 7.52%. The business had revenue of $62.80 million during the quarter, compared to analyst estimates of $60.88 million. During the same period in the prior year, the business earned $0.21 earnings per share. The business’s quarterly revenue was up 15.3% on a year-over-year basis.
Shares of Vishay Precision Group (VPG) opened at $27.45 on Friday. Vishay Precision Group has a one year low of $15.10 and a one year high of $28.60. The company has a market cap of $362.18, a P/E ratio of 28.59, a P/E/G ratio of 1.16 and a beta of 0.93. The company has a current ratio of 3.92, a quick ratio of 2.65 and a debt-to-equity ratio of 0.16.
Large investors have recently modified their holdings of the stock. State Street Corp lifted its position in shares of Vishay Precision Group by 4.0% in the 2nd quarter. State Street Corp now owns 233,268 shares of the scientific and technical instruments company’s stock valued at $4,035,000 after acquiring an additional 8,973 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Vishay Precision Group by 23.3% in the 2nd quarter. Royal Bank of Canada now owns 132,541 shares of the scientific and technical instruments company’s stock valued at $2,293,000 after acquiring an additional 25,065 shares in the last quarter. Algert Global LLC lifted its position in shares of Vishay Precision Group by 139.5% in the 3rd quarter. Algert Global LLC now owns 72,009 shares of the scientific and technical instruments company’s stock valued at $1,757,000 after acquiring an additional 41,942 shares in the last quarter. Macquarie Group Ltd. purchased a new stake in shares of Vishay Precision Group in the 3rd quarter valued at approximately $274,000. Finally, Russell Investments Group Ltd. lifted its position in shares of Vishay Precision Group by 57.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 30,509 shares of the scientific and technical instruments company’s stock valued at $744,000 after acquiring an additional 11,096 shares in the last quarter. Institutional investors and hedge funds own 79.77% of the company’s stock.
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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