Q4 EPS Forecast for Vishay Precision Group Cut by Analyst

Vishay Precision Group, Inc. (NYSE:VPG) – Equities research analysts at B. Riley reduced their Q4 2024 earnings per share (EPS) estimates for Vishay Precision Group in a report issued on Tuesday, November 5th. B. Riley analyst J. Nichols now forecasts that the scientific and technical instruments company will post earnings of $0.14 per share for the quarter, down from their prior forecast of $0.19. B. Riley currently has a “Neutral” rating and a $31.00 target price on the stock. The consensus estimate for Vishay Precision Group’s current full-year earnings is $1.12 per share.

Separately, StockNews.com cut Vishay Precision Group from a “buy” rating to a “hold” rating in a report on Wednesday.

Vishay Precision Group Stock Up 4.6 %

VPG opened at $23.23 on Thursday. The company has a market cap of $308.03 million, a PE ratio of 14.99 and a beta of 1.17. Vishay Precision Group has a twelve month low of $21.56 and a twelve month high of $35.98. The company has a 50-day moving average price of $24.48 and a 200 day moving average price of $28.99.

Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings data on Tuesday, August 6th. The scientific and technical instruments company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). Vishay Precision Group had a return on equity of 7.49% and a net margin of 6.30%. The company had revenue of $77.36 million for the quarter, compared to analyst estimates of $78.57 million. During the same quarter in the prior year, the company posted $0.58 earnings per share.

Institutional Investors Weigh In On Vishay Precision Group

A number of large investors have recently modified their holdings of VPG. EntryPoint Capital LLC grew its stake in Vishay Precision Group by 34.2% during the 1st quarter. EntryPoint Capital LLC now owns 4,111 shares of the scientific and technical instruments company’s stock valued at $145,000 after acquiring an additional 1,048 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Vishay Precision Group in the third quarter valued at approximately $146,000. Kovack Advisors Inc. acquired a new stake in shares of Vishay Precision Group in the third quarter valued at approximately $218,000. State Board of Administration of Florida Retirement System purchased a new position in Vishay Precision Group during the first quarter worth approximately $314,000. Finally, Tidal Investments LLC acquired a new position in Vishay Precision Group during the first quarter worth $436,000. Hedge funds and other institutional investors own 87.61% of the company’s stock.

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.