FY2017 Earnings Forecast for Vishay Precision Group, Inc. Issued By B. Riley (VPG)

Vishay Precision Group, Inc. (NYSE:VPG) – Analysts at B. Riley upped their FY2017 earnings per share estimates for Vishay Precision Group in a report released on Wednesday. B. Riley analyst S. Sherbetchyan now anticipates that the scientific and technical instruments company will post earnings of $1.04 per share for the year, up from their prior estimate of $0.83. B. Riley has a “Buy” rating and a $31.00 price objective on the stock. B. Riley also issued estimates for Vishay Precision Group’s Q4 2017 earnings at $0.30 EPS, Q4 2018 earnings at $0.33 EPS and FY2018 earnings at $1.33 EPS.

Vishay Precision Group (NYSE:VPG) last posted its earnings results on Tuesday, November 7th. The scientific and technical instruments company reported $0.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.01. The company had revenue of $62.80 million for the quarter, compared to analyst estimates of $60.88 million. Vishay Precision Group had a net margin of 5.35% and a return on equity of 7.52%. The business’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same period last year, the business posted $0.21 earnings per share. WARNING: “FY2017 Earnings Forecast for Vishay Precision Group, Inc. Issued By B. Riley (VPG)” was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://www.dispatchtribunal.com/2017/11/12/fy2017-earnings-forecast-for-vishay-precision-group-inc-issued-by-b-riley-vpg.html.

Several other equities research analysts have also weighed in on VPG. ValuEngine upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Thursday, August 10th. BidaskClub upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Thursday, August 24th.

Shares of Vishay Precision Group (NYSE:VPG) opened at $24.95 on Friday. The company has a quick ratio of 2.69, a current ratio of 3.92 and a debt-to-equity ratio of 0.16. The firm has a market cap of $315.66, a price-to-earnings ratio of 23.51, a price-to-earnings-growth ratio of 1.29 and a beta of 0.89. Vishay Precision Group has a twelve month low of $15.10 and a twelve month high of $25.45.

A number of institutional investors and hedge funds have recently bought and sold shares of VPG. Bank of New York Mellon Corp raised its holdings in Vishay Precision Group by 1.0% in the first quarter. Bank of New York Mellon Corp now owns 77,906 shares of the scientific and technical instruments company’s stock worth $1,231,000 after purchasing an additional 762 shares during the period. American International Group Inc. raised its holdings in Vishay Precision Group by 7.0% in the first quarter. American International Group Inc. now owns 7,440 shares of the scientific and technical instruments company’s stock worth $118,000 after purchasing an additional 484 shares during the period. TIAA CREF Investment Management LLC raised its holdings in Vishay Precision Group by 3.2% in the first quarter. TIAA CREF Investment Management LLC now owns 55,142 shares of the scientific and technical instruments company’s stock worth $871,000 after purchasing an additional 1,733 shares during the period. Vanguard Group Inc. raised its holdings in Vishay Precision Group by 3.4% in the first quarter. Vanguard Group Inc. now owns 430,698 shares of the scientific and technical instruments company’s stock worth $6,805,000 after purchasing an additional 14,030 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Vishay Precision Group by 3.6% in the first quarter. Geode Capital Management LLC now owns 78,534 shares of the scientific and technical instruments company’s stock worth $1,240,000 after purchasing an additional 2,706 shares during the period. Institutional investors 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.

Earnings History and Estimates for Vishay Precision Group (NYSE:VPG)

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