Vishay Precision Group (NYSE:VPG) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Thursday.

Other equities research analysts also recently issued research reports about the stock. B. Riley reiterated a “buy” rating and set a $23.00 target price on shares of Vishay Precision Group in a research note on Sunday, August 13th. BidaskClub upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Thursday, August 24th.

Shares of Vishay Precision Group (VPG) opened at $26.65 on Thursday. Vishay Precision Group has a 12 month low of $15.10 and a 12 month high of $27.90. The firm has a market cap of $368.16, a PE ratio of 27.43, a PEG ratio of 1.47 and a beta of 0.91. The company has a current ratio of 3.92, a quick ratio of 2.65 and a debt-to-equity ratio of 0.16.

Vishay Precision Group (NYSE:VPG) last announced its earnings results on Tuesday, November 7th. The scientific and technical instruments company reported $0.27 earnings per share for the quarter, topping 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 the consensus estimate of $60.88 million. During the same quarter in the prior year, the firm earned $0.21 earnings per share. The business’s quarterly revenue was up 15.3% compared to the same quarter last year. research analysts expect that Vishay Precision Group will post 1.04 EPS for the current fiscal year.

Large investors have recently made changes to their positions in the stock. Royal Bank of Canada lifted its position in Vishay Precision Group by 23.3% in the second 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 purchasing an additional 25,065 shares during the period. Uniplan Investment Counsel Inc. acquired a new stake in Vishay Precision Group in the second quarter valued at about $5,740,000. Vivaldi Asset Management LLC lifted its position in Vishay Precision Group by 164.7% in the second quarter. Vivaldi Asset Management LLC now owns 388,674 shares of the scientific and technical instruments company’s stock valued at $6,724,000 after purchasing an additional 241,854 shares during the period. Vanguard Group Inc. lifted its position in Vishay Precision Group by 3.4% in the first quarter. Vanguard Group Inc. now owns 430,698 shares of the scientific and technical instruments company’s stock valued at $6,805,000 after purchasing an additional 14,030 shares during the period. Finally, Alliancebernstein L.P. acquired a new stake in Vishay Precision Group in the second quarter valued at about $265,000. Hedge funds and other institutional investors own 79.78% of the company’s stock.

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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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