Research Analysts Offer Predictions for VPG FY2024 Earnings

Vishay Precision Group, Inc. (NYSE:VPG) – Equities researchers at B. Riley decreased their FY2024 earnings per share estimates for shares of Vishay Precision Group in a research note issued to investors on Tuesday, November 5th. B. Riley analyst J. Nichols now forecasts that the scientific and technical instruments company will post earnings per share of $1.06 for the year, down from their prior estimate of $1.12. B. Riley currently has a “Neutral” rating and a $31.00 price objective on the stock. The consensus estimate for Vishay Precision Group’s current full-year earnings is $1.12 per share. B. Riley also issued estimates for Vishay Precision Group’s FY2025 earnings at $1.07 EPS.

Separately, StockNews.com cut Vishay Precision Group from a “buy” rating to a “hold” rating in a report on Wednesday.

Vishay Precision Group Stock Performance

Shares of Vishay Precision Group stock opened at $22.55 on Friday. The company’s 50 day moving average price is $24.29 and its two-hundred day moving average price is $28.88. The firm has a market capitalization of $299.01 million, a P/E ratio of 22.78 and a beta of 1.17. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.41 and a quick ratio of 1.68. Vishay Precision Group has a fifty-two week low of $21.56 and a fifty-two week high of $35.98.

Vishay Precision Group (NYSE:VPG) last released its earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. The firm had revenue of $75.73 million for the quarter, compared to analysts’ expectations of $73.47 million. Vishay Precision Group had a return on equity of 6.24% and a net margin of 4.13%. During the same quarter in the previous year, the business posted $0.47 earnings per share.

Institutional Trading of Vishay Precision Group

Several institutional investors have recently modified their holdings of the business. American Century Companies Inc. grew its holdings in Vishay Precision Group by 47.7% during the 2nd quarter. American Century Companies Inc. now owns 192,661 shares of the scientific and technical instruments company’s stock worth $5,865,000 after acquiring an additional 62,186 shares during the period. Acadian Asset Management LLC grew its position in shares of Vishay Precision Group by 20.9% during the 1st quarter. Acadian Asset Management LLC now owns 187,656 shares of the scientific and technical instruments company’s stock worth $6,627,000 after buying an additional 32,484 shares during the period. Roubaix Capital LLC increased its stake in shares of Vishay Precision Group by 58.6% in the 1st quarter. Roubaix Capital LLC now owns 74,203 shares of the scientific and technical instruments company’s stock valued at $2,622,000 after acquiring an additional 27,413 shares in the last quarter. Annex Advisory Services LLC boosted its stake in Vishay Precision Group by 142.3% during the third quarter. Annex Advisory Services LLC now owns 36,908 shares of the scientific and technical instruments company’s stock worth $956,000 after acquiring an additional 21,678 shares in the last quarter. Finally, Foundry Partners LLC grew its holdings in Vishay Precision Group by 11.6% in the second quarter. Foundry Partners LLC now owns 139,785 shares of the scientific and technical instruments company’s stock worth $4,255,000 after purchasing an additional 14,585 shares during the period. Institutional investors own 87.61% of the company’s stock.

Vishay Precision Group Company Profile

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.