Vishay Precision Group (NYSE:VPG) Now Covered by Analysts at Lake Street Capital

Analysts at Lake Street Capital started coverage on shares of Vishay Precision Group (NYSE:VPG) in a research report issued on Thursday, Marketbeat Ratings reports. The brokerage set a “buy” rating and a $44.00 price target on the scientific and technical instruments company’s stock. Lake Street Capital’s target price points to a potential upside of 15.87% from the stock’s current price.

VPG has been the subject of a number of other reports. Wall Street Zen lowered shares of Vishay Precision Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. Zacks Research downgraded shares of Vishay Precision Group from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Vishay Precision Group in a research report on Monday. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Vishay Precision Group has an average rating of “Moderate Buy” and a consensus target price of $36.25.

Vishay Precision Group Price Performance

Shares of NYSE VPG opened at $37.97 on Thursday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.71 and a current ratio of 4.10. Vishay Precision Group has a fifty-two week low of $18.57 and a fifty-two week high of $39.86. The stock has a market cap of $504.27 million, a PE ratio of 63.29, a price-to-earnings-growth ratio of 2.82 and a beta of 0.86. The stock has a fifty day moving average of $35.09 and a 200-day moving average of $30.91.

Vishay Precision Group (NYSE:VPG) last issued its quarterly earnings data on Tuesday, November 4th. The scientific and technical instruments company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. Vishay Precision Group had a return on equity of 2.02% and a net margin of 2.65%.The business had revenue of $79.73 million for the quarter, compared to analysts’ expectations of $76.63 million. Equities research analysts anticipate that Vishay Precision Group will post 0.9 earnings per share for the current year.

Institutional Trading of Vishay Precision Group

Several institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its holdings in shares of Vishay Precision Group by 2,638.2% during the 2nd quarter. GAMMA Investing LLC now owns 931 shares of the scientific and technical instruments company’s stock worth $26,000 after acquiring an additional 897 shares during the last quarter. Russell Investments Group Ltd. raised its position in 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 valued at $36,000 after purchasing an additional 992 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in Vishay Precision Group by 85.7% during the third quarter. BNP Paribas Financial Markets now owns 2,332 shares of the scientific and technical instruments company’s stock worth $75,000 after purchasing an additional 1,076 shares during the last quarter. State of Wyoming purchased a new position in shares of Vishay Precision Group in the 2nd quarter worth about $80,000. Finally, Moody National Bank Trust Division bought a new position in shares of Vishay Precision Group during the 3rd quarter valued at about $225,000. Hedge funds and other institutional investors own 87.61% of the company’s stock.

Vishay Precision Group Company Profile

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.