Vishay Precision Group (VPG) to Release Earnings on Monday

Vishay Precision Group (NYSE:VPG – Get Rating) will be posting its quarterly earnings results after the market closes on Monday, May 9th. Analysts expect Vishay Precision Group to post earnings of $0.38 per share for the quarter. Vishay Precision Group has set its Q1 2022 guidance at EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Vishay Precision Group (NYSE:VPG – Get Rating) last released its quarterly earnings results on Tuesday, February 15th. The scientific and technical instruments company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.04. The business had revenue of $90.02 million during the quarter, compared to analysts’ expectations of $86.00 million. Vishay Precision Group had a return on equity of 9.83% and a net margin of 6.36%. During the same quarter last year, the business posted $0.43 EPS.

NYSE VPG opened at $31.21 on Monday. The stock has a market cap of $425.55 million, a PE ratio of 21.09 and a beta of 1.43. The company’s 50 day moving average price is $31.91. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.64 and a quick ratio of 2.45. Vishay Precision Group has a 1-year low of $29.52 and a 1-year high of $39.71.

In related news, Director Wes Cummins purchased 15,000 shares of the business’s stock in a transaction dated Wednesday, February 23rd. The shares were acquired at an average cost of $32.02 per share, for a total transaction of $480,300.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 6.63% of the company’s stock.

Large investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SA grew its position in shares of Vishay Precision Group by 18.8% in the third quarter. BNP Paribas Arbitrage SA now owns 3,469 shares of the scientific and technical instruments company’s stock valued at $121,000 after purchasing an additional 549 shares in the last quarter. Citigroup Inc. grew its position in shares of Vishay Precision Group by 129.9% in the fourth quarter. Citigroup Inc. now owns 3,918 shares of the scientific and technical instruments company’s stock valued at $145,000 after purchasing an additional 2,214 shares in the last quarter. Deutsche Bank AG grew its position in shares of Vishay Precision Group by 5.6% in the fourth quarter. Deutsche Bank AG now owns 7,552 shares of the scientific and technical instruments company’s stock valued at $280,000 after purchasing an additional 400 shares in the last quarter. Credit Suisse AG grew its position in shares of Vishay Precision Group by 10.5% in the fourth quarter. Credit Suisse AG now owns 9,643 shares of the scientific and technical instruments company’s stock valued at $358,000 after purchasing an additional 918 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of Vishay Precision Group by 44.7% in the fourth quarter. Wells Fargo & Company MN now owns 15,934 shares of the scientific and technical instruments company’s stock valued at $591,000 after purchasing an additional 4,919 shares in the last quarter. Institutional investors own 76.11% of the company’s stock.

Several research firms have recently issued reports on VPG. StockNews.com raised Vishay Precision Group from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 25th. Sidoti lowered their price objective on Vishay Precision Group from $50.00 to $48.00 and set a “buy” rating for the company in a research note on Friday, March 4th.

Vishay Precision Group Company Profile (Get Rating)

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.

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