Vishay Precision Group (NYSE:VPG) Releases Quarterly Earnings Results

Vishay Precision Group (NYSE:VPG) released its quarterly earnings results on Tuesday. The scientific and technical instruments company reported $0.07 earnings per share for the quarter, FiscalAI reports. The company had revenue of $84.35 million during the quarter, compared to analysts’ expectations of $77.08 million. Vishay Precision Group had a return on equity of 2.16% and a net margin of 1.72%.

Here are the key takeaways from Vishay Precision Group’s conference call:

• Q1 performance was strong, with revenue up 18% year over year to $84.4 million and bookings up 26% sequentially to $102.1 million, producing the company’s best book-to-bill since 2022.
• Sensor demand surged on AI-related applications, with bookings reaching a 15-quarter high and backlog at its highest level since Q1 2023, supported by semiconductor equipment, data centers, fiber optics, defense, and early humanoid robotics demand.
• VPG introduced a new three-year operating model targeting 8%-10% annual organic revenue growth, gross margin of 46.5%, and EBITDA margin of 18.5%-20.5%, while also planning more than $20 million of cost reductions and efficiency gains.
• Profitability remained modest in Q1, with adjusted operating margin at 1.9% and adjusted EBITDA margin at 7%, while adjusted free cash flow was negative due to higher working capital needs to support growth.
• Management stayed upbeat on humanoid robotics, saying Q1 revenue was about $600,000 and could more than double in Q2, while also raising its internal 2026 projection as customer production ramps appear increasingly likely in the second half of the year.

Vishay Precision Group Price Performance

NYSE:VPG traded up $19.52 during trading hours on Tuesday, hitting $86.12. 404,043 shares of the stock were exchanged, compared to its average volume of 292,893. The firm’s fifty day moving average price is $49.42 and its 200 day moving average price is $43.57. Vishay Precision Group has a 52-week low of $24.89 and a 52-week high of $87.88. The company has a market cap of $1.15 billion, a P/E ratio of 216.26, a P/E/G ratio of 4.42 and a beta of 1.13. The company has a current ratio of 4.47, a quick ratio of 2.97 and a debt-to-equity ratio of 0.06.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on VPG shares. Wall Street Zen cut Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings lowered Vishay Precision Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 6th. Zacks Research raised shares of Vishay Precision Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. B. Riley Financial reissued a “buy” rating and issued a $63.00 price target (up from $45.00) on shares of Vishay Precision Group in a report on Tuesday, February 3rd. Finally, Lake Street Capital set a $54.00 price objective on shares of Vishay Precision Group and gave the company a “buy” rating in a report on Thursday, February 12th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $53.67.

Institutional Trading of Vishay Precision Group

Large investors have recently made changes to their positions in the company. Russell Investments Group Ltd. raised its stake in Vishay Precision Group by 826.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,112 shares of the scientific and technical instruments company’s stock valued at $36,000 after purchasing an additional 992 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in Vishay Precision Group during the 4th quarter worth $51,000. BNP Paribas Financial Markets grew its holdings in shares of Vishay Precision Group by 85.7% during the third quarter. BNP Paribas Financial Markets now owns 2,332 shares of the scientific and technical instruments company’s stock worth $75,000 after buying an additional 1,076 shares in the last quarter. State of Wyoming acquired a new stake in shares of Vishay Precision Group in the second quarter valued at about $80,000. Finally, Sei Investments Co. acquired a new stake in shares of Vishay Precision Group in the second quarter valued at about $218,000. 87.61% of the stock is currently owned by hedge funds and other institutional investors.

Vishay Precision Group Company Profile

Vishay Precision Group (NYSE: VPG) specializes in the design, manufacture and calibration of precision sensors, instrumentation and measurement systems used in a broad range of applications. Its product portfolio includes load cells, tension links, weighing modules, torque transducers, digital indicators and data acquisition systems. These solutions serve critical requirements for accuracy, reliability and repeatability in sectors such as industrial automation, test and measurement, medical devices, food and beverage processing, aerospace and defense.

The company traces its roots to the sensor and measurement division of Vishay Intertechnology, Inc, from which it was spun off as an independent public company in March 2016.