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Vishay Precision Group (NYSE:VPG) Posts Quarterly Earnings Results, Meets Expectations

Vishay Precision Group logo with Computer and Technology background

Vishay Precision Group (NYSE:VPG - Get Free Report) issued its earnings results on Tuesday. The scientific and technical instruments company reported $0.19 earnings per share for the quarter, meeting analysts' consensus estimates of $0.19, Zacks reports. 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 analyst estimates of $73.47 million. During the same period in the previous year, the company posted $0.47 EPS. Vishay Precision Group updated its Q4 2024 guidance to EPS.

Vishay Precision Group Trading Down 0.1 %

Shares of NYSE:VPG 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 firm has a market capitalization of $307.63 million, a PE ratio of 14.97 and a beta of 1.17. Vishay Precision Group has a 52-week low of $21.56 and a 52-week high of $35.98. The firm's 50 day simple moving average is $24.39 and its 200-day simple moving average is $28.95.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on VPG shares. B. Riley lowered 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 research note on Wednesday, August 7th. StockNews.com lowered shares of Vishay Precision Group from a "buy" rating to a "hold" rating in a report on Wednesday.

Read Our Latest Research Report on Vishay Precision Group

Vishay Precision Group Company Profile

(Get Free Report)

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.

See Also

Earnings History for Vishay Precision Group (NYSE:VPG)

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