Vishay Precision Group (VPG) to Release Earnings on Tuesday

Vishay Precision Group (NYSE:VPG) is scheduled to release its earnings data before the market opens on Tuesday, August 6th. Analysts expect Vishay Precision Group to post earnings of $0.32 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings results on Tuesday, May 7th. The scientific and technical instruments company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.10. The company had revenue of $80.78 million for the quarter, compared to the consensus estimate of $83.74 million. Vishay Precision Group had a return on equity of 8.68% and a net margin of 7.10%. On average, analysts expect Vishay Precision Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Vishay Precision Group Stock Down 4.7 %

VPG stock opened at $31.91 on Monday. The business’s fifty day moving average is $32.02 and its 200-day moving average is $32.94. The company has a market cap of $426.00 million, a P/E ratio of 17.63 and a beta of 1.22. Vishay Precision Group has a twelve month low of $27.93 and a twelve month high of $38.29.

Analysts Set New Price Targets

Separately, B. Riley downgraded Vishay Precision Group from a “buy” rating to a “neutral” rating and cut their price target for the company from $37.00 to $36.00 in a research note on Wednesday, May 8th.

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.