Vishay Precision Group (VPG) Set to Announce Earnings on Tuesday

Vishay Precision Group (NYSE:VPG) will be announcing its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.19 per share for the quarter. Vishay Precision Group has set its Q3 2024 guidance at EPS.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 earnings results on Tuesday, August 6th. The scientific and technical instruments company reported $0.31 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $77.36 million for the quarter, compared to the consensus estimate of $78.57 million. During the same period in the prior year, the business earned $0.58 EPS. 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 Up 2.2 %

VPG stock opened at $23.69 on Tuesday. The firm has a market cap of $314.13 million, a PE ratio of 15.28 and a beta of 1.16. The business has a 50 day moving average of $25.08 and a 200-day moving average of $29.44. Vishay Precision Group has a 12-month low of $22.79 and a 12-month high of $35.98.

Analysts Set New Price Targets

Several brokerages have recently issued reports on VPG. StockNews.com raised Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Tuesday, September 3rd. B. Riley decreased their price objective on shares of Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating for the company in a report on Wednesday, August 7th.

Vishay Precision Group Company Profile

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.