Vishay Precision Group (VPG) Sets New 1-Year High and Low at $36.35

Vishay Precision Group (NYSE:VPG) hit a new 52-week high and low on Monday . The company traded as low as $36.35 and last traded at $35.75, with a volume of 1861 shares. The stock had previously closed at $35.70.

A number of equities research analysts have weighed in on the stock. Sidoti cut shares of Vishay Precision Group from a “buy” rating to a “neutral” rating in a report on Friday, March 9th. ValuEngine upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, B. Riley upped their price objective on shares of Vishay Precision Group from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Thursday, February 22nd.

The company has a market capitalization of $472.49 million, a PE ratio of 31.10, a P/E/G ratio of 1.14 and a beta of 0.85. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.65 and a current ratio of 3.82.

Vishay Precision Group (NYSE:VPG) last issued its earnings results on Tuesday, May 8th. The scientific and technical instruments company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.04. The firm had revenue of $73.10 million for the quarter, compared to the consensus estimate of $66.69 million. Vishay Precision Group had a net margin of 6.48% and a return on equity of 9.27%. The business’s revenue was up 22.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.19 earnings per share. equities analysts expect that Vishay Precision Group will post 1.56 earnings per share for the current fiscal year.

In other news, Director Marc Zandman sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, May 11th. The shares were sold at an average price of $35.61, for a total value of $534,150.00. Following the transaction, the director now owns 15,992 shares in the company, valued at $569,475.12. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 6.49% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of VPG. SG Americas Securities LLC bought a new position in shares of Vishay Precision Group in the fourth quarter worth approximately $131,000. MetLife Investment Advisors LLC bought a new position in shares of Vishay Precision Group in the fourth quarter worth approximately $132,000. Tower Research Capital LLC TRC lifted its stake in shares of Vishay Precision Group by 1,650.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,965 shares of the scientific and technical instruments company’s stock worth $175,000 after buying an additional 6,567 shares in the last quarter. Victory Capital Management Inc. bought a new position in shares of Vishay Precision Group in the first quarter worth approximately $219,000. Finally, Element Capital Management LLC bought a new position in Vishay Precision Group during the first quarter valued at approximately $239,000. Hedge funds and other institutional investors own 79.25% of the company’s stock.

Vishay Precision Group Company Profile

Vishay Precision Group, Inc designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada. It operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.

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