Vishay Precision Group (VPG) Set to Announce Quarterly Earnings on Tuesday

Vishay Precision Group (NYSE:VPG) is scheduled to be announcing its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.19 per share for the quarter. Vishay Precision Group has set its Q3 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Vishay Precision Group (NYSE:VPG) last issued its earnings results on Tuesday, August 6th. The scientific and technical instruments company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.01). Vishay Precision Group had a net margin of 6.30% and a return on equity of 7.49%. The business had revenue of $77.36 million for the quarter, compared to analysts’ expectations of $78.57 million. During the same quarter in the prior year, the business posted $0.58 earnings per share. On average, analysts expect Vishay Precision Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Vishay Precision Group Stock Performance

Shares of NYSE:VPG opened at $23.51 on Friday. The business has a 50-day simple moving average of $24.75 and a two-hundred day simple moving average of $29.23. Vishay Precision Group has a fifty-two week low of $22.79 and a fifty-two week high of $35.98. The firm has a market cap of $311.74 million, a price-to-earnings ratio of 15.17 and a beta of 1.17.

Wall Street Analysts Forecast Growth

Several analysts recently commented on VPG shares. B. Riley cut their price objective on Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating for the company in a report on Wednesday, August 7th. StockNews.com raised Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 3rd.

About Vishay Precision Group

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.