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Analysts expect the Vishay Precision Group (NYSE: VPG) to make $ 74.48 million in sales for the current quarter, according to Zacks Investment Research. Two analysts provided estimates of Vishay Precision Group's earnings, ranging from $ 73.95 million to $ 75.00 million. The Vishay Precision Group had sales of $ 69.44 million in the same quarter of last year, indicating a positive growth rate of 7.3% over 12 months. The company is expected to release its next quarterly earnings report on Wednesday, February 20th.
According to Zacks, analysts expect Vishay Precision Group to report annual revenue of $ 296.43 million for the current year, with estimates ranging from $ 295.05 million to $ 297.81 million . Analysts expect sales for the next fiscal year of $ 312.57 million, with estimates ranging from $ 310.14 million to $ 315 million. Zacks Investment Research sales calculations are an average based on a survey of sales-side research analysts covering the Vishay Precision Group.
Vishay Precision Group (NYSE: VPG) released its financial results on Tuesday, November 6th. The scientific and technical instrument company reported earnings per share (EPS) of $ 0.57 for the quarter, exceeding analysts' consensus forecast of $ 0.49 per $ 0.08. The Vishay Precision Group had a net margin of 8.45% and a return on equity of 12.63%. The company reported revenue of $ 75.49 million for the quarter, compared with consensus of $ 73.60 million. During the same period last year, the company generated EPS of $ 0.32. The company's turnover increased by 20.2% compared to the same quarter last year.
A number of research analysts have published reports on the actions of VPG. ValuEngine downgraded the shares of Vishay Precision Group from a "buy" rating to a "hold" rating in a research report on Saturday, September 22. B. Riley has reformulated its "purchase" note and set a target price of $ 53.00 (instead of $ 40.00) on the shares of Vishay Precision Group in a research report published on Monday, August 6 . Finally, Sidoti strengthened the shares of the Vishay Precision Group, which went from a "neutral" rating to a "buy" rating in a research report released on Thursday, October 11th.
In another news from the Vishay Precision Group, Chief Financial Officer William M. Clancy sold 10,000 shares of the company in a transaction on Thursday, August 30. The shares were sold at an average price of $ 43.21, for a total transaction of $ 432,100.00. As a result of the transaction, the Chief Financial Officer now directly holds 19,575 shares of the Company, valued at approximately $ 845,835.75. The transaction was disclosed in a file filed with the SEC, accessible through its website. In addition, CEO Ziv Shoshani sold 1,990 shares of the stock during a transaction that took place on Friday, August 24th. The shares were sold at an average price of $ 44.90, for a total transaction of $ 89,351.00. At the end of the sale, the Chief Executive Officer now holds 103,082 shares of the Company valued at $ 4,628,381.80. The disclosure of this sale can be found here. Over the past 90 days, insiders sold 41,151 shares valued at $ 1,812,295. Insiders hold 6.49% of the shares of the company.
Several major investors have recently changed their positions in VPG. Simplex Trading LLC increased its position in Vishay Precision Group shares by 173.4% in the 3rd quarter. Simplex Trading LLC now holds 3,483 shares in the US $ 130,000 scientific and engineering instrument company after acquiring 2,209 additional shares during the period. Campbell & CO Investment Adviser LLC acquired a new equity interest in the Vishay Precision Group in the second quarter, valued at approximately $ 203,000. Sawgrass Asset Management LLC acquired a new stake in the Vishay Precision Group in the second quarter for approximately $ 221,000. JBF Capital Inc. acquired a new stake in the Vishay Precision Group in the second quarter for approximately $ 229,000. Finally, GSA Capital Partners LLP acquired a new stake in the Vishay Precision Group in the second quarter for a value of approximately $ 231,000. Institutional investors and hedge funds own 80.68% of the company's shares.
The shares of Vishay Precision Group fell by 0.62 USD Monday, reaching 35.71 USD. 45,747 shares of the company were exchanged, compared to an average volume of 72,152 shares. The company has a current ratio of 4.09, a quick ratio of 2.79 and a debt-to-equity ratio of 0.11. Vishay Precision Group has a minimum of fifty-two weeks of $ 23.65 and a maximum of fifty-two weeks of $ 45.00. The company has a market capitalization of $ 497.60 million, a PE ratio of 31.32, a PEG ratio of 0.93 and a beta of 0.97.
About the Vishay Precision Group
Vishay Precision Group, Inc. designs, manufactures and markets sensors, sensor-based measurement systems, special resistors and strain gages in Asia, the United States, Israel, Europe, the United Kingdom and the United States. in Canada. It operates in three sectors: sheet technology products, force sensors and weighing and control systems.
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