The stock of Vishay Precision Group Inc (NYSE:VPG) hit a new 52-week high and has $19.86 target or 4.00% above today’s $19.10 share price. The 7 months bullish chart indicates low risk for the $254.65M company. The 1-year high was reported on Nov, 23 by Barchart.com. If the $19.86 price target is reached, the company will be worth $10.19 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 22,164 shares traded hands. Vishay Precision Group Inc (NYSE:VPG) has risen 26.16% since April 21, 2016 and is uptrending. It has outperformed by 20.83% the S&P500.
Analysts await Vishay Precision Group Inc (NYSE:VPG) to report earnings on February, 16. They expect $0.24 earnings per share, up 20.00% or $0.04 from last year’s $0.2 per share. VPG’s profit will be $3.20 million for 19.90 P/E if the $0.24 EPS becomes a reality. After $0.21 actual earnings per share reported by Vishay Precision Group Inc for the previous quarter, Wall Street now forecasts 14.29% EPS growth.
According to Zacks Investment Research, “Vishay Precision Group, Inc. is a designer, manufacturer and marketer of resistive foil technology products such as resistive sensors, weighing modules, and control systems for a wide variety of applications. The Company provides vertically integrated products and solutions for multiple growing markets in the areas of stress measurement, industrial weighing, and manufacturing process control. Its product portfolio includes: Bulk MetalÂ® foil resistors and sensors; Strain gages and instruments; Load cells; Modules; PhotoStressÂ® products etc. The Company also provides systems to control process weighing in food, chemical, and pharmaceutical plants; force measurement systems used to control web tension in paper mills, roller force in steel mills, and cable tension in winch controls; on-board weighing systems installed in logging and waste-handling trucks; and special scale systems used for aircraft weighing and portable truck weighing. Vishay Precision Group, Inc. is based in Malvern, Pennsylvania.”
Insitutional Activity: The institutional sentiment increased to 0.95 in 2016 Q2. Its up 0.03, from 0.92 in 2016Q1. The ratio is positive, as 7 funds sold all Vishay Precision Group Inc shares owned while 31 reduced positions. 13 funds bought stakes while 22 increased positions. They now own 10.01 million shares or 1.61% more from 9.85 million shares in 2016Q1.
California Public Employees Retirement Sys, a California-based fund reported 93,000 shares. Invesco Ltd reported 21,804 shares or 0% of all its holdings. Bnp Paribas Arbitrage Sa reported 476 shares or 0% of all its holdings. Renaissance Technology Ltd Liability Corporation holds 0.01% or 392,700 shares in its portfolio. Magee Thomson Investment Partners Ltd Llc last reported 80 shares in the company. Schwab Charles Investment Inc owns 22,120 shares or 0% of their US portfolio. State Board Of Administration Of Florida Retirement last reported 0% of its portfolio in the stock. Citigroup reported 2,407 shares or 0% of all its holdings. Dimensional Fund Advisors Limited Partnership has invested 0.01% of its portfolio in Vishay Precision Group Inc (NYSE:VPG). Royal Bankshares Of Canada has 153,195 shares for 0% of their US portfolio. Tci Wealth last reported 0% of its portfolio in the stock. Moreover, Panagora Asset has 0% invested in Vishay Precision Group Inc (NYSE:VPG) for 8,336 shares. The California-based Blackrock Fund has invested 0% in Vishay Precision Group Inc (NYSE:VPG). Blackrock holds 2,831 shares or 0% of its portfolio. Eagle Advsrs Ltd Company, a Texas-based fund reported 27,264 shares.
Insider Transactions: Since August 11, 2016, the stock had 15 buys, and 0 insider sales for $3.19 million net activity. 4,423 shares were bought by Nokomis Capital – L.L.C., worth $69,830.
Another recent and important Vishay Precision Group Inc (NYSE:VPG) news was published by Nasdaq.com which published an article titled: “Vishay Precision Group, Inc. Earnings Rise 20% In Q3” on November 08, 2016.
VPG Company Profile
Vishay Precision Group, Inc. (VPG), incorporated on August 28, 2009, is a designer, maker and marketer of sensors and sensor measurement systems, as well as specialty resistors and strain gages. The Firm operates through three business divisions: Foil Technology Products, Force Sensors, and Weighing and Control Systems. The Foil Technology Products segment’s brands include Alpha Electronics, Micro-Measurements, Powertron and Vishay Foil Resistors. The Force Sensors segment’s brand includes VPG Transducers. The Weighing and Control Systems segment’s brands include BLH Nobel, KELK and VPG Onboard Weighing.
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