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

Vishay Precision Group (NYSE:VPG) is set to issue its quarterly earnings data before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.32 per share for the quarter. Vishay Precision Group has set its Q1 2024 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

Vishay Precision Group (NYSE:VPG) last issued its earnings results on Wednesday, February 14th. The scientific and technical instruments company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.25. The firm had revenue of $89.53 million during the quarter, compared to analyst estimates of $79.69 million. Vishay Precision Group had a net margin of 7.24% and a return on equity of 9.19%. During the same quarter last year, the business earned $0.76 earnings per share. On average, analysts expect Vishay Precision Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Vishay Precision Group Stock Performance

NYSE VPG opened at $33.86 on Tuesday. The firm has a market cap of $453.05 million, a P/E ratio of 18.01 and a beta of 1.26. The company has a quick ratio of 2.51, a current ratio of 3.94 and a debt-to-equity ratio of 0.10. The company’s 50 day moving average is $34.14 and its 200-day moving average is $32.43. Vishay Precision Group has a 12-month low of $27.93 and a 12-month high of $39.09.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded Vishay Precision Group from a “c+” rating to a “b-” rating in a research report on Friday, March 1st.

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.