Vishay Precision Group (NYSE:VPG) Upgraded at B. Riley

Vishay Precision Group (NYSE:VPG) was upgraded by stock analysts at B. Riley from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. The firm presently has a $28.50 price target on the scientific and technical instruments company’s stock, up from their prior price target of $24.50. B. Riley’s price objective indicates a potential upside of 23.91% from the company’s current price. B. Riley also issued estimates for Vishay Precision Group’s FY2025 earnings at $1.06 EPS.

Separately, StockNews.com raised Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Tuesday, December 3rd.

Vishay Precision Group Price Performance

Shares of NYSE:VPG opened at $23.00 on Thursday. The company’s fifty day moving average is $23.34 and its 200 day moving average is $24.51. The company has a quick ratio of 2.80, a current ratio of 4.41 and a debt-to-equity ratio of 0.09. Vishay Precision Group has a 52 week low of $20.83 and a 52 week high of $35.98. The stock has a market cap of $304.52 million, a PE ratio of 23.23 and a beta of 1.15.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings data on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.10). Vishay Precision Group had a return on equity of 6.24% and a net margin of 4.13%. Research analysts anticipate that Vishay Precision Group will post 1.06 earnings per share for the current year.

Hedge Funds Weigh In On Vishay Precision Group

Several hedge funds and other institutional investors have recently modified their holdings of the company. Tidal Investments LLC increased its holdings in Vishay Precision Group by 4.6% during the 3rd quarter. Tidal Investments LLC now owns 11,633 shares of the scientific and technical instruments company’s stock valued at $301,000 after purchasing an additional 514 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Vishay Precision Group by 2.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 34,912 shares of the scientific and technical instruments company’s stock worth $904,000 after buying an additional 972 shares during the last quarter. Quantbot Technologies LP increased its stake in shares of Vishay Precision Group by 77.9% during the fourth quarter. Quantbot Technologies LP now owns 3,515 shares of the scientific and technical instruments company’s stock valued at $82,000 after buying an additional 1,539 shares during the period. EntryPoint Capital LLC raised its holdings in shares of Vishay Precision Group by 22.0% during the fourth quarter. EntryPoint Capital LLC now owns 9,596 shares of the scientific and technical instruments company’s stock valued at $225,000 after acquiring an additional 1,730 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in Vishay Precision Group by 2.5% in the third quarter. Victory Capital Management Inc. now owns 72,248 shares of the scientific and technical instruments company’s stock worth $1,871,000 after acquiring an additional 1,743 shares during the period. 87.61% of the stock is owned by institutional investors.

Vishay Precision Group Company Profile

Vishay Precision Group, Inc designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems.