Q4 EPS Estimate for Vishay Precision Group Cut by Analyst

Vishay Precision Group, Inc. (NYSE:VPG) – Stock analysts at B. Riley decreased their Q4 2024 EPS estimates for shares of Vishay Precision Group in a research report issued to clients and investors on Tuesday, November 5th. B. Riley analyst J. Nichols now expects that the scientific and technical instruments company will post earnings of $0.14 per share for the quarter, down from their previous forecast of $0.19. B. Riley has a “Neutral” rating and a $31.00 price objective on the stock. The consensus estimate for Vishay Precision Group’s current full-year earnings is $1.12 per share.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. Vishay Precision Group had a return on equity of 7.49% and a net margin of 6.30%. The firm had revenue of $75.73 million during the quarter, compared to analyst estimates of $73.47 million. During the same quarter in the previous year, the business earned $0.47 earnings per share.

Separately, StockNews.com downgraded shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Wednesday.

Vishay Precision Group Trading Down 0.1 %

VPG opened at $23.20 on Thursday. The business’s fifty day simple moving average is $24.39 and its 200-day simple moving average is $28.95. The company has a market capitalization of $307.52 million, a price-to-earnings ratio of 23.43 and a beta of 1.17. Vishay Precision Group has a 12-month low of $21.56 and a 12-month high of $35.98.

Institutional Trading of Vishay Precision Group

Several hedge funds and other institutional investors have recently bought and sold shares of VPG. Quest Partners LLC bought a new position in shares of Vishay Precision Group in the 3rd quarter worth $66,000. EntryPoint Capital LLC grew its stake in Vishay Precision Group by 34.2% in the first quarter. EntryPoint Capital LLC now owns 4,111 shares of the scientific and technical instruments company’s stock valued at $145,000 after purchasing an additional 1,048 shares during the last quarter. SG Americas Securities LLC bought a new position in Vishay Precision Group in the third quarter worth about $146,000. Kovack Advisors Inc. purchased a new stake in shares of Vishay Precision Group during the third quarter valued at about $218,000. Finally, State Board of Administration of Florida Retirement System bought a new stake in shares of Vishay Precision Group in the 1st quarter valued at about $314,000. Institutional investors own 87.61% of the company’s stock.

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.