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Analysts Predict Vishay Precision Group Inc. (NYSE: VPG) to Announce $ 73.53 Million in Sales for Current Fiscal Quarter, Zacks Investment Research Two Analysts Rate Vishay's Profit Precision Group, with the highest sales estimate setting at $ 75.06 million and the lowest estimate at $ 72.00 million. Vishay Precision Group recorded sales of $ 62.32 million in the same quarter last year. The company is expected to release its next financial results before the market opens on Tuesday, August 7th.
According to Zacks, badysts expect Vishay Precision Group's $ 293.14 million for the current fiscal year, with estimates ranging from $ 290.18 million to $ 296.09 million dollars for the next fiscal year. $ 301.33 million per share, with estimates ranging from $ 300.00 million to $ 302.66 million. Zacks' sales calculations are an average based on a survey of sell-side research badysts covering Vishay Precision Group.
Vishay Precision Group (NYSE: VPG) announced its quarterly results on Tuesday, May 8. The company's scientific and technical instruments reported a $ 0.37 EPS for the quarter, surpbading the consensus estimate of $ 0.33 per $ 0.04. The company achieved a turnover of 73.10 million dollars for the quarter, against 66.69 million dollars for badysts. Vishay Precision Group has a return on equity of 9.27% and a net margin of 6.48%. Company revenues for the quarter rose 22.2% from one year to the next. During the same quarter last year, the company posted earnings of $ 0.19 per share.
In addition, ValuEngine raised Vishay Precision Group's score from a "buy" rating to a "strong buy" rating in a research report on Thursday, June 7th.
VPG shares rose $ 1.95 during Thursday's session to $ 40.45. 138,274 shares of the company traded hands, compared to its average volume of 63,728. Vishay Precision Group has a 12-month low of $ 16.55 and a 12-month high of $ 41.60. The company has a market capitalization of $ 544.17 million, a price / earnings ratio of 35.48, a PEG ratio of 1.22 and a beta of 0.97. The company has a debt ratio of 0.14, a ratio of 3.82 and a ratio of 2.65.
In addition, William M. Clancy sold 10,000 shares of Vishay Precision Group in connection with a transaction on Wednesday, May 23. The stock was sold at an average price of $ 35.45, for a total transaction of $ 354,500.00. Following the completion of the transaction, the Chief Financial Officer now holds directly 29,575 shares of the Company, valued at $ 1,048,433.75. The sale has been disclosed in a document filed with the SEC, which can be accessed through this hypertext link. In addition, director Janet M. Clarke sold 820 shares of Vishay Precision Group during a transaction on Friday, June 1. The shares were sold at an average price of $ 36.85, for a total value of $ 30,217.00. As a result of the transaction, the director now holds 7,255 shares of the company, valued at $ 267,346.75. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 48,712 shares valued at $ 1,735,425. Insiders of the company own 6.49% of the shares of the company.
Several institutional investors recently bought and sold shares of VPG. Millennium Management LLC increased its position in Vishay Precision Group shares by 91.6% in the fourth quarter. Millennium Management LLC now holds 322,942 shares in the scientific and technical instruments company valued at $ 8,122,000 after purchasing 154,400 additional shares in the last quarter. Russell Investments Group Ltd. increased its position in Vishay Precision Group shares by 660.1% in the first quarter. Russell Investments Group Ltd. now holds 176,777 shares in the company's scientific and technical instruments valued at $ 5,507,000 after purchasing 153,521 additional shares during the last quarter. Boston Advisors LLC acquired a new stake in the shares of Vishay Precision Group in the second quarter of approximately $ 4,539,000. Lord Abbett & CO. LLC increased its stake in the shares of Vishay Precision Group by 34.0% in the first quarter. Lord Abbett & CO. LLC now owns 294,906 shares of the company's scientific and technical instruments valued at $ 9,186,000 after acquiring an additional 74,893 shares in the last quarter. Finally, Renaissance Technologies LLC strengthened its stake in the Vishay Precision Group shares by 10.9% in the fourth quarter. Renaissance Technologies LLC now holds 611,900 shares in the scientific and technical instruments company valued at $ 15,389,000 after acquiring 60,100 additional shares during the last quarter. Institutional investors and hedge funds own 80.77% of the company's shares.
Vishay Precision Group Company Profile
Vishay Precision Group, Inc. designs, manufactures and markets sensors, sensors, specialty resistors and strain gages in Asia, in the United States and Israel. , Europe, United Kingdom and Canada. It operates through three segments: Foil Technology Products, force sensors, and weighing and control systems.
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