Zacks: Brokerages Expect Vishay Precision Group Inc (VPG) to Post $0.31 Earnings Per Share
Wall Street analysts expect that Vishay Precision Group Inc (NYSE:VPG) will announce earnings of $0.31 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Vishay Precision Group’s earnings, with the highest EPS estimate coming in at $0.31 and the lowest estimate coming in at $0.30. Vishay Precision Group reported earnings of $0.26 per share during the same quarter last year, which indicates a positive year over year growth rate of 19.2%. The business is scheduled to announce its next earnings results 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 financial year, with EPS estimates ranging from $1.04 to $1.05. For the next financial year, analysts forecast that the company will report earnings of $1.30 per share, with EPS estimates ranging from $1.27 to $1.33. Zacks’ EPS averages are an average based on a survey of analysts that cover Vishay Precision Group.
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 for the quarter, beating the Zacks’ 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 firm had revenue of $62.80 million for the quarter, compared to analyst estimates of $60.88 million. During the same quarter in the previous year, the firm posted $0.21 earnings per share. The business’s revenue was up 15.3% on a year-over-year basis.
Hedge funds and other institutional investors have recently bought and sold shares of the company. American International Group Inc. raised its holdings in shares of Vishay Precision Group by 7.0% in the first quarter. American International Group Inc. now owns 7,440 shares of the scientific and technical instruments company’s stock valued at $118,000 after purchasing an additional 484 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Vishay Precision Group by 10.4% in 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 purchasing an additional 794 shares during the last quarter. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Vishay Precision Group in the third quarter valued at approximately $227,000. Parametric Portfolio Associates LLC acquired a new stake in shares of Vishay Precision Group in the second quarter valued at approximately $187,000. Finally, Macquarie Group Ltd. acquired a new stake in shares of Vishay Precision Group in the third quarter valued at approximately $274,000. Institutional investors own 79.78% of the company’s stock.
Shares of Vishay Precision Group (VPG) traded up $0.70 on Tuesday, reaching $27.90. 134,100 shares of the company’s stock were exchanged, compared to its average volume of 37,258. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.65 and a current ratio of 3.92. Vishay Precision Group has a 1 year low of $15.10 and a 1 year high of $28.60. The company has a market capitalization of $370.83, a price-to-earnings ratio of 26.93, a P/E/G ratio of 1.45 and a beta of 0.92.
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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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