Equities research analysts predict that Vishay Precision Group Inc (NYSE:VPG) will announce earnings of $0.30 per share for the current fiscal quarter, according to Zacks. 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 $0.29. Vishay Precision Group posted earnings per share of $0.54 during the same quarter last year, which would indicate a negative year over year growth rate of 44.4%. The business is expected to report its next quarterly earnings report on Wednesday, February 19th.
According to Zacks, analysts expect that Vishay Precision Group will report full year earnings of $1.73 per share for the current fiscal year, with EPS estimates ranging from $1.71 to $1.74. For the next financial year, analysts expect that the company will report earnings of $1.73 per share, with EPS estimates ranging from $1.52 to $1.93. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Vishay Precision Group.
Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings data on Tuesday, November 5th. The scientific and technical instruments company reported $0.37 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.01. Vishay Precision Group had a return on equity of 11.64% and a net margin of 7.45%. The company had revenue of $67.42 million during the quarter, compared to analyst estimates of $67.38 million. During the same quarter last year, the company earned $0.57 earnings per share. The firm’s quarterly revenue was down 10.7% on a year-over-year basis.
NYSE VPG traded down $0.33 during trading on Thursday, reaching $33.39. The company’s stock had a trading volume of 15,877 shares, compared to its average volume of 68,401. The firm has a fifty day moving average of $33.83 and a 200 day moving average of $35.54. Vishay Precision Group has a one year low of $26.34 and a one year high of $41.90. The stock has a market capitalization of $465.29 million, a PE ratio of 16.29, a P/E/G ratio of 1.00 and a beta of 1.07. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.37 and a quick ratio of 3.12.
In other news, Director Nokomis Capital, L.L.C. sold 3,400 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $35.25, for a total transaction of $119,850.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders sold 15,475 shares of company stock worth $545,227 over the last ninety days. 6.14% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of VPG. Swiss National Bank bought a new position in Vishay Precision Group in the second quarter valued at $800,000. Meeder Asset Management Inc. boosted its stake in Vishay Precision Group by 764.4% during the 3rd quarter. Meeder Asset Management Inc. now owns 1,530 shares of the scientific and technical instruments company’s stock valued at $50,000 after purchasing an additional 1,353 shares during the period. First Trust Advisors LP boosted its stake in Vishay Precision Group by 25.4% during the 3rd quarter. First Trust Advisors LP now owns 28,352 shares of the scientific and technical instruments company’s stock valued at $928,000 after purchasing an additional 5,740 shares during the period. WINTON GROUP Ltd acquired a new stake in Vishay Precision Group in the 2nd quarter valued at approximately $309,000. Finally, Vanguard Group Inc. grew its holdings in Vishay Precision Group by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 526,625 shares of the scientific and technical instruments company’s stock valued at $21,397,000 after buying an additional 6,547 shares during the last quarter. 81.32% of the stock is owned by institutional investors.
About Vishay Precision Group
Vishay Precision Group, Inc designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada. It operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.
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