Shares of Vishay Precision Group Inc (NYSE:VPG) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Analysts have set a 1-year consensus price target of $53.00 for the company and are forecasting that the company will post $0.55 EPS for the current quarter, according to Zacks. Zacks has also assigned Vishay Precision Group an industry rank of 223 out of 256 based on the ratings given to related companies.
Separately, B. Riley set a $53.00 target price on Vishay Precision Group and gave the company a “buy” rating in a report on Wednesday, May 8th.
Institutional investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SA boosted its holdings in shares of Vishay Precision Group by 3,279.7% during the 1st quarter. BNP Paribas Arbitrage SA now owns 2,163 shares of the scientific and technical instruments company’s stock worth $74,000 after buying an additional 2,099 shares in the last quarter. Macquarie Group Ltd. raised its position in shares of Vishay Precision Group by 31.0% during the fourth quarter. Macquarie Group Ltd. now owns 2,536 shares of the scientific and technical instruments company’s stock worth $77,000 after purchasing an additional 600 shares during the period. Metropolitan Life Insurance Co. NY raised its position in Vishay Precision Group by 365.1% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 3,679 shares of the scientific and technical instruments company’s stock valued at $111,000 after buying an additional 2,888 shares during the last quarter. Marshall Wace North America L.P. purchased a new stake in Vishay Precision Group in the 1st quarter valued at $150,000. Finally, Barclays PLC raised its position in Vishay Precision Group by 7.6% in the 4th quarter. Barclays PLC now owns 4,424 shares of the scientific and technical instruments company’s stock valued at $133,000 after buying an additional 312 shares during the last quarter. Hedge funds and other institutional investors own 80.96% of the company’s stock.
Shares of NYSE:VPG traded down $3.68 during midday trading on Wednesday, hitting $32.49. 150,228 shares of the stock were exchanged, compared to its average volume of 41,041. The firm has a market cap of $545.66 million, a PE ratio of 15.85 and a beta of 1.02. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.04 and a quick ratio of 2.88. The business’s 50-day simple moving average is $40.08. Vishay Precision Group has a 12 month low of $26.34 and a 12 month high of $45.00.
Vishay Precision Group (NYSE:VPG) last announced its earnings results on Tuesday, August 6th. The scientific and technical instruments company reported $0.45 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.52 by ($0.07). Vishay Precision Group had a net margin of 8.87% and a return on equity of 14.31%. The company had revenue of $70.90 million during the quarter, compared to the consensus estimate of $73.71 million. During the same quarter in the previous year, the company earned $0.57 earnings per share. The business’s revenue was down 4.4% on a year-over-year basis. Research analysts forecast that Vishay Precision Group will post 2.23 earnings per share for the current fiscal year.
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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