Vishay Precision Group (NYSE:VPG) Trading Up 6.8% – Should You Buy?
by Scott Moore · The Cerbat GemVishay Precision Group, Inc. (NYSE:VPG – Get Free Report) shares traded up 6.8% on Monday . The stock traded as high as $53.67 and last traded at $53.48. 152,586 shares were traded during trading, a decline of 54% from the average session volume of 329,642 shares. The stock had previously closed at $50.08.
Wall Street Analyst Weigh In
VPG has been the subject of several analyst reports. Lake Street Capital assumed coverage on shares of Vishay Precision Group in a research report on Thursday, December 18th. They issued a “buy” rating and a $44.00 target price for the company. Zacks Research cut Vishay Precision Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Loop Capital set a $44.00 price target on Vishay Precision Group in a research note on Thursday, December 18th. Wall Street Zen downgraded Vishay Precision Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. Finally, Weiss Ratings downgraded Vishay Precision Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, January 15th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $38.83.
Get Our Latest Research Report on Vishay Precision Group
Vishay Precision Group Price Performance
The company has a fifty day simple moving average of $39.94 and a 200 day simple moving average of $34.22. The stock has a market capitalization of $696.74 million, a price-to-earnings ratio of 87.42, a P/E/G ratio of 2.40 and a beta of 0.84. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.71 and a current ratio of 4.10.
Vishay Precision Group (NYSE:VPG – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The scientific and technical instruments company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. The company had revenue of $79.73 million during the quarter, compared to the consensus estimate of $76.63 million. Vishay Precision Group had a return on equity of 2.02% and a net margin of 2.65%. Equities research analysts forecast that Vishay Precision Group, Inc. will post 0.9 EPS for the current fiscal year.
Institutional Investors Weigh In On Vishay Precision Group
Several institutional investors have recently bought and sold shares of VPG. Cornerstone Investment Partners LLC purchased a new stake in Vishay Precision Group in the 4th quarter valued at about $229,000. Round Rock Advisors LLC boosted its stake in Vishay Precision Group by 58.5% in the fourth quarter. Round Rock Advisors LLC now owns 17,131 shares of the scientific and technical instruments company’s stock valued at $660,000 after acquiring an additional 6,321 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of Vishay Precision Group by 1,180.0% during the 4th quarter. Farther Finance Advisors LLC now owns 1,024 shares of the scientific and technical instruments company’s stock valued at $39,000 after acquiring an additional 944 shares during the period. Hunter Associates Investment Management LLC bought a new position in shares of Vishay Precision Group during the 4th quarter valued at approximately $2,459,000. Finally, SG Americas Securities LLC bought a new stake in shares of Vishay Precision Group in the 4th quarter worth approximately $169,000. Institutional investors own 87.61% of the company’s stock.
About Vishay Precision Group
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.