Vishay Precision Group (NYSE:VPG) Issues Quarterly Earnings Results

Vishay Precision Group (NYSE:VPG) posted its quarterly earnings data on Tuesday. The scientific and technical instruments company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.07), RTT News reports. The company had revenue of $70.90 million during the quarter, compared to analyst estimates of $73.71 million. Vishay Precision Group had a net margin of 8.87% and a return on equity of 14.31%. The company’s revenue was down 4.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.57 EPS. Vishay Precision Group updated its Q3 2019 guidance to EPS.

Shares of NYSE:VPG opened at $39.14 on Tuesday. Vishay Precision Group has a one year low of $26.34 and a one year high of $45.00. The business’s 50 day simple moving average is $40.12. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.88 and a current ratio of 4.04. The firm has a market cap of $545.66 million, a PE ratio of 19.09 and a beta of 1.02.

Separately, B. Riley set a $53.00 price objective on shares of Vishay Precision Group and gave the company a “buy” rating in a research report on Wednesday, May 8th.

In related news, Director Saul Reibstein sold 1,500 shares of Vishay Precision Group stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $36.10, for a total transaction of $54,150.00. Following the transaction, the director now owns 12,699 shares of the company’s stock, valued at approximately $458,433.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Timothy Talbert sold 2,000 shares of Vishay Precision Group stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $40.00, for a total transaction of $80,000.00. Following the transaction, the director now directly owns 12,896 shares in the company, valued at approximately $515,840. The disclosure for this sale can be found here. 6.14% of the stock is owned by insiders.

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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Earnings History for Vishay Precision Group (NYSE:VPG)

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