Vishay Precision Group (NYSE:VPG) Stock Rating Lowered by Wall Street Zen

Vishay Precision Group (NYSE:VPG) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

VPG has been the subject of a number of other reports. Loop Capital set a $44.00 price objective on Vishay Precision Group in a research note on Thursday, December 18th. Weiss Ratings lowered Vishay Precision Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, January 15th. B. Riley Financial reiterated a “buy” rating and issued a $63.00 price target (up from $45.00) on shares of Vishay Precision Group in a research report on Tuesday, February 3rd. Finally, Lake Street Capital set a $54.00 price target on shares of Vishay Precision Group and gave the stock a “buy” rating in a research report on Thursday. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $53.67.

Vishay Precision Group Stock Down 5.4%

NYSE:VPG opened at $44.16 on Friday. The company has a market cap of $586.43 million, a price-to-earnings ratio of 110.40, a P/E/G ratio of 2.42 and a beta of 0.85. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.71 and a current ratio of 4.10. The stock’s fifty day moving average price is $43.16 and its two-hundred day moving average price is $35.75. Vishay Precision Group has a 52-week low of $18.57 and a 52-week high of $56.25.

Vishay Precision Group (NYSE:VPG) last released its earnings results on Wednesday, February 11th. The scientific and technical instruments company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.14). The firm had revenue of $80.57 million during the quarter, compared to analyst estimates of $78.08 million. Vishay Precision Group had a net margin of 1.72% and a return on equity of 2.17%. On average, analysts anticipate that Vishay Precision Group will post 0.9 EPS for the current year.

Institutional Trading of Vishay Precision Group

A number of institutional investors have recently modified their holdings of VPG. Russell Investments Group Ltd. boosted its position in shares of Vishay Precision Group by 826.7% during the third quarter. Russell Investments Group Ltd. now owns 1,112 shares of the scientific and technical instruments company’s stock worth $36,000 after buying an additional 992 shares during the period. Farther Finance Advisors LLC lifted its stake in Vishay Precision Group by 1,180.0% in the 4th quarter. Farther Finance Advisors LLC now owns 1,024 shares of the scientific and technical instruments company’s stock valued at $39,000 after acquiring an additional 944 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in Vishay Precision Group during the 4th quarter worth approximately $51,000. Central Pacific Bank Trust Division bought a new position in shares of Vishay Precision Group during the 4th quarter worth approximately $75,000. Finally, BNP Paribas Financial Markets raised its holdings in shares of Vishay Precision Group by 85.7% in the third quarter. BNP Paribas Financial Markets now owns 2,332 shares of the scientific and technical instruments company’s stock valued at $75,000 after purchasing an additional 1,076 shares during the last quarter. 87.61% of the stock is currently owned by institutional investors.

About Vishay Precision Group

Vishay Precision Group (NYSE: VPG) specializes in the design, manufacture and calibration of precision sensors, instrumentation and measurement systems used in a broad range of applications. Its product portfolio includes load cells, tension links, weighing modules, torque transducers, digital indicators and data acquisition systems. These solutions serve critical requirements for accuracy, reliability and repeatability in sectors such as industrial automation, test and measurement, medical devices, food and beverage processing, aerospace and defense.

The company traces its roots to the sensor and measurement division of Vishay Intertechnology, Inc, from which it was spun off as an independent public company in March 2016.