ValuEngine lowered shares of Vishay Precision Group, Inc. (NYSE:VPG) from a buy rating to a hold rating in a research report sent to investors on Tuesday.

Other equities research analysts have also recently issued reports about the company. B. Riley reissued a buy rating and set a $23.00 price objective on shares of Vishay Precision Group in a research note on Sunday, August 13th. BidaskClub raised Vishay Precision Group from a hold rating to a buy rating in a research note on Thursday, August 24th.

Shares of Vishay Precision Group (NYSE VPG) opened at $24.95 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.92 and a quick ratio of 2.69. The company has a market capitalization of $315.66, a PE ratio of 23.51, a P/E/G ratio of 1.29 and a beta of 0.89. Vishay Precision Group has a 52-week low of $15.10 and a 52-week high of $25.45.

Vishay Precision Group (NYSE:VPG) last posted its earnings results on Tuesday, November 7th. The scientific and technical instruments company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $60.88 million. During the same period in the previous year, the business earned $0.21 earnings per share. The firm’s revenue for the quarter was up 15.3% on a year-over-year basis. analysts anticipate that Vishay Precision Group will post 1.02 EPS for the current fiscal year.

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A number of hedge funds and other institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp increased its stake in Vishay Precision Group by 0.4% during the second 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 acquiring an additional 281 shares during the last quarter. American International Group Inc. increased its stake in Vishay Precision Group by 7.0% during the first quarter. American International Group Inc. now owns 7,440 shares of the scientific and technical instruments company’s stock worth $118,000 after acquiring an additional 484 shares during the last quarter. Strs Ohio increased its stake in Vishay Precision Group by 1.7% during the second quarter. Strs Ohio now owns 35,500 shares of the scientific and technical instruments company’s stock worth $614,000 after acquiring an additional 600 shares during the last quarter. Eagle Global Advisors LLC increased its stake in Vishay Precision Group by 3.7% during the second quarter. Eagle Global Advisors LLC now owns 17,484 shares of the scientific and technical instruments company’s stock worth $302,000 after acquiring an additional 620 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Vishay Precision Group by 3.6% during the second quarter. Russell Investments Group Ltd. now owns 19,413 shares of the scientific and technical instruments company’s stock worth $336,000 after acquiring an additional 668 shares during the last quarter. 79.94% of the stock is currently owned by institutional investors.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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