B. Riley set a $53.00 target price on Vishay Precision Group (NYSE:VPG) in a report released on Wednesday morning, TipRanks reports. The firm currently has a buy rating on the scientific and technical instruments company’s stock. B. Riley also issued estimates for Vishay Precision Group’s Q2 2019 earnings at $0.47 EPS, FY2019 earnings at $2.23 EPS and FY2020 earnings at $2.40 EPS.
Shares of NYSE VPG opened at $40.56 on Wednesday. Vishay Precision Group has a one year low of $26.34 and a one year high of $45.00. The stock has a market cap of $538.25 million, a price-to-earnings ratio of 17.42, a price-to-earnings-growth ratio of 0.89 and a beta of 1.00. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.04 and a quick ratio of 2.79.
Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings data on Tuesday, May 7th. The scientific and technical instruments company reported $0.61 EPS for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.09. Vishay Precision Group had a return on equity of 14.31% and a net margin of 8.87%. The firm had revenue of $76.50 million during the quarter, compared to analyst estimates of $75.77 million. During the same period last year, the company posted $0.37 EPS. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities analysts expect that Vishay Precision Group will post 2.25 EPS for the current year.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Globeflex Capital L P acquired a new stake in Vishay Precision Group during the 4th quarter worth about $68,000. First Trust Advisors LP boosted its position in Vishay Precision Group by 18.6% during the 4th quarter. First Trust Advisors LP now owns 22,434 shares of the scientific and technical instruments company’s stock worth $678,000 after acquiring an additional 3,526 shares during the period. LSV Asset Management boosted its position in Vishay Precision Group by 0.5% during the 4th quarter. LSV Asset Management now owns 267,274 shares of the scientific and technical instruments company’s stock worth $8,079,000 after acquiring an additional 1,227 shares during the period. American Century Companies Inc. boosted its position in Vishay Precision Group by 49.8% during the 4th quarter. American Century Companies Inc. now owns 156,856 shares of the scientific and technical instruments company’s stock worth $4,742,000 after acquiring an additional 52,131 shares during the period. Finally, MetLife Investment Advisors LLC lifted its holdings in shares of Vishay Precision Group by 54.8% during the 3rd quarter. MetLife Investment Advisors LLC now owns 8,155 shares of the scientific and technical instruments company’s stock valued at $305,000 after buying an additional 2,888 shares during the last quarter. Hedge funds and other institutional investors own 82.11% of the company’s stock.
Vishay Precision Group Company Profile
Vishay Precision Group, Inc designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada. It operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.
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