B. Riley Issues Pessimistic Forecast for VPG Earnings

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

Vishay Precision Group (NYSE:VPG - Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 EPS for the quarter, meeting analysts' consensus estimates of $0.19. Vishay Precision Group had a return on equity of 7.49% and a net margin of 6.30%. The business had revenue of $75.73 million during the quarter, compared to the consensus estimate of $73.47 million. During the same quarter in the prior year, the company posted $0.47 earnings per share.

Separately, StockNews.com downgraded shares of Vishay Precision Group from a "buy" rating to a "hold" rating in a research note on Wednesday.

Vishay Precision Group Trading Down 0.1 %

Shares of VPG stock traded down $0.03 on Thursday, reaching $23.20. The company had a trading volume of 84,630 shares, compared to its average volume of 64,094. The company has a 50-day moving average of $24.39 and a 200-day moving average of $28.95. Vishay Precision Group has a 12 month low of $21.56 and a 12 month high of $35.98. The stock has a market cap of $307.63 million, a PE ratio of 14.97 and a beta of 1.17.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VPG. American Century Companies Inc. lifted its holdings in shares of Vishay Precision Group by 47.7% during the 2nd quarter. American Century Companies Inc. now owns 192,661 shares of the scientific and technical instruments company's stock valued at $5,865,000 after purchasing an additional 62,186 shares in the last quarter. Acadian Asset Management LLC lifted its stake in Vishay Precision Group by 20.9% in the first quarter. Acadian Asset Management LLC now owns 187,656 shares of the scientific and technical instruments company's stock valued at $6,627,000 after buying an additional 32,484 shares in the last quarter. Roubaix Capital LLC boosted its holdings in shares of Vishay Precision Group by 58.6% in the first quarter. Roubaix Capital LLC now owns 74,203 shares of the scientific and technical instruments company's stock valued at $2,622,000 after buying an additional 27,413 shares during the period. Annex Advisory Services LLC increased its position in shares of Vishay Precision Group by 142.3% during the third quarter. Annex Advisory Services LLC now owns 36,908 shares of the scientific and technical instruments company's stock worth $956,000 after acquiring an additional 21,678 shares in the last quarter. Finally, Foundry Partners LLC raised its holdings in shares of Vishay Precision Group by 11.6% during the second quarter. Foundry Partners LLC now owns 139,785 shares of the scientific and technical instruments company's stock worth $4,255,000 after acquiring an additional 14,585 shares during the period. 87.61% of the stock is owned by institutional investors and hedge funds.

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.