Vishay Precision Group Inc (NYSE:VPG) has been given an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.
Brokers have set a 12 month consensus price objective of $45.00 for the company and are predicting that the company will post $0.29 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Vishay Precision Group an industry rank of 232 out of 255 based on the ratings given to related companies.
Several equities research analysts have recently issued reports on VPG shares. ValuEngine upgraded shares of Vishay Precision Group from a “sell” rating to a “hold” rating in a research note on Thursday, August 15th. B. Riley raised their price objective on shares of Vishay Precision Group from $44.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday.
Shares of NYSE:VPG traded down $0.44 during trading on Tuesday, reaching $34.76. The stock had a trading volume of 100,160 shares, compared to its average volume of 55,543. Vishay Precision Group has a 52 week low of $26.34 and a 52 week high of $41.90. The firm has a market capitalization of $475.90 million, a price-to-earnings ratio of 16.96, a P/E/G ratio of 1.16 and a beta of 1.07. The company has a quick ratio of 3.12, a current ratio of 4.39 and a debt-to-equity ratio of 0.09. The stock has a fifty day simple moving average of $33.02 and a two-hundred day simple moving average of $36.01.
Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.37 EPS for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.01. The company had revenue of $67.42 million for the quarter, compared to analyst estimates of $67.38 million. Vishay Precision Group had a net margin of 7.45% and a return on equity of 11.76%. The company’s quarterly revenue was down 10.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.57 earnings per share. On average, analysts forecast that Vishay Precision Group will post 1.6 EPS for the current year.
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.
Recommended Story: What is basic economics?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Vishay Precision Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Precision Group and related companies with MarketBeat.com's FREE daily email newsletter.