Vishay Precision Group (VPG) Set to Announce Earnings on Tuesday

Vishay Precision Group (NYSE:VPG) is scheduled to announce its earnings results before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.32 per share for the quarter. Vishay Precision Group has set its Q1 2024 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings data on Wednesday, February 14th. The scientific and technical instruments company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.25. The firm had revenue of $89.53 million for the quarter, compared to analysts’ expectations of $79.69 million. Vishay Precision Group had a net margin of 7.24% and a return on equity of 9.19%. During the same period in the previous year, the company posted $0.76 EPS. On average, analysts expect Vishay Precision Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Vishay Precision Group Price Performance

VPG opened at $34.06 on Monday. Vishay Precision Group has a 12-month low of $27.93 and a 12-month high of $38.83. The company has a quick ratio of 2.51, a current ratio of 3.94 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $455.72 million, a P/E ratio of 18.12 and a beta of 1.25. The stock has a fifty day moving average of $34.11 and a 200-day moving average of $32.47.

Analysts Set New Price Targets

Separately, TheStreet upgraded Vishay Precision Group from a “c+” rating to a “b-” rating in a research report on Friday, March 1st.

About Vishay Precision Group

Vishay Precision Group, Inc designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems.