Vishay Precision Group (NYSE:VPG) Posts Earnings Results, Hits Estimates

Vishay Precision Group (NYSE:VPG) released its earnings results on Tuesday. The scientific and technical instruments company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19, Zacks reports. The firm had revenue of $75.73 million for the quarter, compared to the consensus estimate of $73.47 million. Vishay Precision Group had a net margin of 4.13% and a return on equity of 6.24%. During the same quarter 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 Trading Down 0.1 %

Shares of VPG stock opened at $23.20 on Friday. The company has a market cap of $307.63 million, a PE ratio of 23.43 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. The stock’s 50 day simple moving average is $24.39 and its two-hundred day simple moving average is $28.95. Vishay Precision Group has a 1 year low of $21.56 and a 1 year high of $35.98.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on VPG. 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 research report on Wednesday, August 7th. StockNews.com downgraded Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Wednesday.

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.