Analysts expect Vishay Precision Group Inc (NYSE:VPG) to post sales of $63.92 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Vishay Precision Group’s earnings, with estimates ranging from $63.84 million to $64.00 million. Vishay Precision Group reported sales of $55.81 million in the same quarter last year, which indicates a positive year-over-year growth rate of 14.5%. The company is scheduled to report its next quarterly earnings report on Tuesday, February 20th.
According to Zacks, analysts expect that Vishay Precision Group will report full-year sales of $63.92 million for the current year, with estimates ranging from $248.75 million to $248.91 million. For the next year, analysts expect that the business will post sales of $260.87 million per share, with estimates ranging from $260.00 million to $261.73 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that cover Vishay Precision Group.
Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings results on Tuesday, November 7th. The scientific and technical instruments company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.01. The business had revenue of $62.80 million during the quarter, compared to analyst estimates of $60.88 million. Vishay Precision Group had a return on equity of 7.52% and a net margin of 5.35%. The business’s revenue was up 15.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.21 earnings per share.
Several hedge funds have recently bought and sold shares of VPG. Wells Fargo & Company MN lifted its holdings in Vishay Precision Group by 10.4% in the second quarter. Wells Fargo & Company MN now owns 8,435 shares of the scientific and technical instruments company’s stock valued at $146,000 after acquiring an additional 794 shares during the last quarter. Parametric Portfolio Associates LLC acquired a new position in Vishay Precision Group in the second quarter valued at approximately $187,000. Citigroup Inc. lifted its holdings in Vishay Precision Group by 40.7% in the second quarter. Citigroup Inc. now owns 11,309 shares of the scientific and technical instruments company’s stock valued at $195,000 after acquiring an additional 3,272 shares during the last quarter. Hancock Holding Co. acquired a new position in Vishay Precision Group in the second quarter valued at approximately $204,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new position in Vishay Precision Group in the third quarter valued at approximately $227,000. Institutional investors and hedge funds own 79.78% of the company’s stock.
Shares of Vishay Precision Group (NYSE:VPG) opened at $26.15 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.92 and a quick ratio of 2.65. The stock has a market capitalization of $340.26, a P/E ratio of 27.24, a PEG ratio of 1.12 and a beta of 0.93. Vishay Precision Group has a 52-week low of $15.10 and a 52-week high of $28.60.
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About Vishay Precision Group
Vishay Precision Group, Inc (VPG) is a designer, manufacturer and marketer of sensors and sensor-based measurement systems, as well as specialty resistors and strain gages. The Company operates through three business segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.
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