Brokerages expect Vishay Precision Group Inc. (NYSE: VPG) to book $ 0.49 per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for the profits of Vishay Precision Group, with the lowest earnings estimate of the EPS at $ 0.45 and the highest estimate at $ 0.52. Vishay Precision Group reported a profit of $ 0.27 per share during the same quarter of last year, which means a positive annual growth of 81.5%. The office will report its next profit results on Tuesday, November 6.
According to Zacks, analysts expect Vishay Precision Group to report a profit of $ 1.94 per year for the current fiscal year, with EPS estimates of $ 1.93 to $ 1.94. For the next financial year, analysts predict that the company will make a profit of $ 2.31 per share, with an EPS estimate of $ 2.28 to $ 2.34. The EPS averages of Zacks Investment Research are an average average based on a survey among analysts from Vishay Precision Group.
Vishay Precision Group (NYSE: VPG) last published its quarterly results on Tuesday 7 August. The scientific and technical instruments company reported $ 0.57 per share for the quarter and outpaced the consensus estimate of $ 0.44 with $ 0.13. Vishay Precision Group had a return on equity of 10.93% and a net margin of 7.66%. The company had sales of $ 74.23 million for the quarter compared with analysts' expectations of $ 73.53 million. In the same quarter of last year, the company recorded $ 0.29 EPS.
VPG has been the subject of several recent reports from analysts. ValuEngine increased Vishay Precision Group from a "buy" rating to a "strong buy" rating in a report on Thursday 7 June. B. Riley once again confirmed a "buy" rating and published a price target of $ 53.00 (higher than previously of $ 40.00) on Vishay Precision Group shares in a report on Monday, August 6th.
NYSE shares: VPG traded $ 0.40 on Monday and reached $ 44.50. The company's shares had a trading volume of 75,767 shares, compared to the average volume of 85,360. Vishay Precision Group has a 1-year low of $ 20.50 and a 1-year high of $ 44.90. The stock has a market capitalization of $ 595.55 million, a P / E ratio of 39.04, a PEG ratio of 1.14 and a beta of 0.95. The company has a short ratio of 2.79, a current ratio of 4.10 and a debt-to-equity ratio of 0.13.
In related news, director Bruce A. Lerner sold 1,125 shares of the company's shares in a transaction dated Friday, August 10. The stock was sold at an average price of $ 43.63 for a total transaction of $ 49,083.75. After the transaction, the director now owns 3,012 shares of the company's shares, worth approximately $ 131,413.56. The sale was announced in a legal application to the SEC, which is accessible via this link. Director Saul Reibstein also sold 5,000 shares of the company's shares in a transaction dated on Friday, August 17. The shares were sold at an average price of $ 41.87, for a total value of $ 209,350.00. After the transaction, the director now directly holds 13,863 shares in the company, valued at $ 580,443.81. The information for this sale can be found here. In the past three months, insiders have sold 9,945 shares of company shares valued at $ 420,651. 6.49% of the stock is currently in the possession of insiders.
Hedge funds and other institutional investors have recently changed their positions in the shares. MetLife Investment Advisors LLC acquired a new position in Vishay Precision Group shares worth approximately $ 132,000 in the fourth quarter. Campbell & CO Investment Adviser LLC acquired a new position in Vishay Precision Group shares worth approximately $ 203,000 in the second quarter. Sawgrass Asset Management LLC acquired a new position in Vishay Precision Group shares worth approximately $ 221,000 in the second quarter. JBF Capital Inc. bought a new position in shares of Vishay Precision Group in the second quarter worth approximately $ 229,000. Finally, GSA Capital Partners LLP acquired a new position in Vishay Precision Group shares during the second quarter, valued at approximately $ 231,000. 86.81% of the shares are currently held by institutional investors.
About Vishay Precision Group
Vishay Precision Group, Inc. designs, manufactures and markets sensors, sensor-based measurement systems, special resistances and strain gauges in Asia, the United States, Israel, Europe, the United Kingdom and Canada. It works in three segments: Foil Technology Products, Force Sensors and Weighing and Control Systems.
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