Vishay Precision Group, Inc. (NYSE:VPG) had its price objective boosted by B. Riley from $23.00 to $31.00 in a research note issued to investors on Wednesday. B. Riley currently has a buy rating on the scientific and technical instruments company’s stock. B. Riley also issued estimates for Vishay Precision Group’s Q4 2017 earnings at $0.30 EPS, FY2017 earnings at $1.04 EPS, Q2 2018 earnings at $0.38 EPS, Q3 2018 earnings at $0.39 EPS, Q4 2018 earnings at $0.33 EPS, FY2018 earnings at $1.33 EPS and FY2019 earnings at $1.48 EPS.

Several other research analysts also recently issued reports on VPG. ValuEngine upgraded shares of Vishay Precision Group from a hold rating to a buy rating in a research report on Thursday, August 10th. BidaskClub upgraded shares of Vishay Precision Group from a strong sell rating to a sell rating in a research report on Monday, August 14th.

Vishay Precision Group (VPG) opened at $24.95 on Wednesday. The company has a quick ratio of 2.69, a current ratio of 3.92 and a debt-to-equity ratio of 0.16. Vishay Precision Group has a 1 year low of $15.10 and a 1 year high of $25.45. The firm has a market cap of $315.66, a P/E ratio of 23.51, a PEG ratio of 1.29 and a beta of 0.89.

Vishay Precision Group (NYSE:VPG) last issued its quarterly earnings results on Tuesday, November 7th. The scientific and technical instruments company reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.01. The business had revenue of $62.80 million for the quarter, compared to the consensus estimate of $60.88 million. Vishay Precision Group had a net margin of 5.35% and a return on equity of 7.52%. The firm’s quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.21 EPS. research analysts predict that Vishay Precision Group will post 1.02 EPS for the current year.

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Hedge funds and other institutional investors have recently modified their holdings of the stock. Uniplan Investment Counsel Inc. acquired a new position in Vishay Precision Group during the 2nd quarter worth about $5,740,000. Royal Bank of Canada lifted its position in Vishay Precision Group by 23.3% during the 2nd quarter. Royal Bank of Canada now owns 132,541 shares of the scientific and technical instruments company’s stock worth $2,293,000 after buying an additional 25,065 shares in the last quarter. Vivaldi Asset Management LLC lifted its position in Vishay Precision Group by 164.7% during the 2nd quarter. Vivaldi Asset Management LLC now owns 388,674 shares of the scientific and technical instruments company’s stock valued at $6,724,000 after purchasing an additional 241,854 shares during the period. Vanguard Group Inc. lifted its position in Vishay Precision Group by 3.4% during the 1st quarter. Vanguard Group Inc. now owns 430,698 shares of the scientific and technical instruments company’s stock valued at $6,805,000 after purchasing an additional 14,030 shares during the period. Finally, Thomson Horstmann & Bryant Inc. acquired a new position in Vishay Precision Group during the 2nd quarter valued at about $5,389,000. Institutional investors and hedge funds own 79.94% of the company’s stock.

Vishay Precision Group Company Profile

Vishay Precision Group, Inc (VPG) is a designer, manufacturer and marketer of sensors and sensor-based measurement systems, as well as specialty resistors and strain gages. The Company operates through three business segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.

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