Brokerages Set $51.50 Price Target for Vishay Precision Group Inc (VPG)

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Vishay Precision Group Inc (NYSE:VPG) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.

Analysts have set a 1-year consensus price target of $51.50 for the company and are predicting that the company will post $0.54 EPS for the current quarter, according to Zacks. Zacks has also given Vishay Precision Group an industry rank of 165 out of 256 based on the ratings given to related companies.

Several research analysts recently weighed in on VPG shares. ValuEngine upgraded shares of Vishay Precision Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Sidoti upgraded shares of Vishay Precision Group from a “neutral” rating to a “buy” rating in a research report on Thursday, October 11th.

Shares of Vishay Precision Group stock traded up $0.05 on Monday, reaching $31.91. The stock had a trading volume of 24,415 shares, compared to its average volume of 50,813. Vishay Precision Group has a 1 year low of $23.65 and a 1 year high of $45.00. The company has a market cap of $426.18 million, a price-to-earnings ratio of 27.99, a PEG ratio of 0.67 and a beta of 1.07. The company has a current ratio of 4.09, a quick ratio of 2.83 and a debt-to-equity ratio of 0.11.

Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings data on Tuesday, November 6th. The scientific and technical instruments company reported $0.57 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.08. The company had revenue of $75.49 million for the quarter, compared to analysts’ expectations of $73.60 million. Vishay Precision Group had a net margin of 8.45% and a return on equity of 12.63%. Vishay Precision Group’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.32 earnings per share. On average, sell-side analysts predict that Vishay Precision Group will post 2.05 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Teachers Advisors LLC lifted its stake in shares of Vishay Precision Group by 10.0% in the 3rd quarter. Teachers Advisors LLC now owns 21,182 shares of the scientific and technical instruments company’s stock valued at $792,000 after purchasing an additional 1,925 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in shares of Vishay Precision Group by 20.5% in the 3rd quarter. Allianz Asset Management GmbH now owns 11,527 shares of the scientific and technical instruments company’s stock worth $432,000 after buying an additional 1,961 shares during the last quarter. Engineers Gate Manager LP boosted its holdings in shares of Vishay Precision Group by 27.8% in the 3rd quarter. Engineers Gate Manager LP now owns 10,057 shares of the scientific and technical instruments company’s stock worth $376,000 after buying an additional 2,185 shares during the last quarter. Simplex Trading LLC boosted its holdings in shares of Vishay Precision Group by 173.4% in the 3rd quarter. Simplex Trading LLC now owns 3,483 shares of the scientific and technical instruments company’s stock worth $130,000 after buying an additional 2,209 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of Vishay Precision Group by 11.1% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 23,647 shares of the scientific and technical instruments company’s stock worth $878,000 after buying an additional 2,363 shares during the last quarter. Institutional investors and hedge funds own 78.33% of the company’s stock.

Vishay Precision Group Company Profile

Vishay Precision Group, Inc designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada. It operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.

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