Vishay Precision Group (NYSE:VPG) Posts Earnings Results

Vishay Precision Group (NYSE:VPG) posted its quarterly earnings data on Tuesday. The scientific and technical instruments company reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19, Zacks reports. Vishay Precision Group had a return on equity of 7.49% and a net margin of 6.30%. The company had revenue of $75.73 million for the quarter, compared to analyst estimates of $73.47 million. During the same period in the previous year, the firm earned $0.47 earnings per share. Vishay Precision Group updated its Q4 2024 guidance to EPS.

Vishay Precision Group Stock Up 0.2 %

VPG stock traded up $0.05 during midday trading on Thursday, reaching $23.28. 38,542 shares of the company’s stock traded hands, compared to its average volume of 63,878. Vishay Precision Group has a 52 week low of $21.56 and a 52 week high of $35.98. The company has a market cap of $308.69 million, a price-to-earnings ratio of 14.99 and a beta of 1.17. The firm’s fifty day moving average price is $24.48 and its 200-day moving average price is $28.99.

Analysts Set New Price Targets

A number of equities analysts have issued reports on VPG shares. B. Riley cut their price target on Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating on the stock in a report on Wednesday, August 7th. StockNews.com cut shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a report on Wednesday.

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.