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.
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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