Vishay Precision Group (VPG) to Release Quarterly Earnings on Tuesday

Vishay Precision Group (NYSE:VPG) will 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.Parties interested in listening to the company’s conference call can do so using this link.

Vishay Precision Group (NYSE:VPG) last released its quarterly 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). The company had revenue of $77.36 million during the quarter, compared to the consensus estimate of $78.57 million. Vishay Precision Group had a return on equity of 7.49% and a net margin of 6.30%. During the same period in the previous year, the firm 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

VPG stock opened at $23.51 on Friday. The firm has a market cap of $311.74 million, a price-to-earnings ratio of 15.17 and a beta of 1.17. The firm 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 one year low of $22.79 and a one year high of $35.98.

Analysts Set New Price Targets

A number of research firms have commented on VPG. B. Riley decreased their price target on Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. StockNews.com upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 3rd.

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.