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Vishay Precision Group
(NYSE:VPG)
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Rating:50Neutral
Price Target:
$101.00
▼(-3.29% Downside)
Action:Reiterated
Date:08/06/26
The score is primarily constrained by weak cash-flow performance and materially reduced profitability, despite a conservative, net-cash balance sheet. Technical signals remain soft, and the very high P/E leaves little margin for execution missteps. The earnings call was a relative positive (strong bookings/backlog and reaffirmed growth confidence), but not enough to outweigh current cash-flow and valuation risks.
Positive Factors
Conservative balance sheet / net cash
VPG's low leverage and roughly $60M net cash position provide durable financial flexibility to fund capex, support working capital, and absorb demand shocks. This balance sheet strength reduces refinancing risk and enables strategic investments or buybacks without immediate reliance on external capital.
Negative Factors
Weak cash generation
Deteriorated operating cash flow and slightly negative free cash flow indicate weak cash conversion of earnings and potential working-capital drag. Persistent cash-generation weakness limits internal funding for capex, R&D, or acquisitions and increases reliance on cash reserves despite a net-cash balance sheet.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet / net cash
VPG's low leverage and roughly $60M net cash position provide durable financial flexibility to fund capex, support working capital, and absorb demand shocks. This balance sheet strength reduces refinancing risk and enables strategic investments or buybacks without immediate reliance on external capital.
Read all positive factors
Vishay Precision Group Key Performance Indicators (KPIs)
Any
Gross Profit by Segment
Breaks down gross profit and margins by segment to show which businesses are most profitable after direct costs. Highlights segments with pricing power or low production costs, exposes areas facing raw‑material or manufacturing pressure, and indicates where margin moves will have the biggest impact on company earnings.
Breaks down gross profit and margins by segment to show which businesses are most profitable after direct costs. Highlights segments with pricing power or low production costs, exposes areas facing raw‑material or manufacturing pressure, and indicates where margin moves will have the biggest impact on company earnings.
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The Fly
The FlyVishay Precision Group (VPG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.22B
Dividend YieldN/A
Average Volume (3M)522.38K
Price to Earnings (P/E)205.1
Beta (1Y)1.73
Revenue Growth7.51%
EPS Growth93.82%
CountryUS
Employees2,100
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)0.45
Shares Outstanding12,278,113
10 Day Avg. Volume398,903
30 Day Avg. Volume522,375
Financial Highlights & Ratios
PEG Ratio-2.09
Price to Book (P/B)1.52
Price to Sales (P/S)1.66
P/FCF Ratio80.39
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$103.50Price Target Upside-0.90% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)1.01
Revenue Forecast (FY)$349.86M
Vishay Precision Group Business Overview & Revenue Model
Company Description
Vishay Precision Group, Inc. engages in the precision measurement and sensing technologies business in the United States, Europe, Israel, Asia, and Canada. It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems. T...
How the Company Makes Money
VPG makes money primarily by selling precision sensing components and measurement solutions to OEMs and end users through direct sales and distributors. Its core revenue streams come from (1) precision sensor products (e.g., strain gages, load cel...
Vishay Precision Group Earnings Call Summary
Earnings Call Date:Aug 05, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 10, 2026
Earnings Call Sentiment Positive
The call conveyed predominantly positive operational momentum driven by record sensor bookings, strong order trends (consolidated book-to-bill >1.0), a meaningful backlog, a vendor nomination in humanoid robotics and confidence in exceeding the company’s organic growth targets for 2026. Notable headwinds included a temporary $3M ERP-related shipment delay, sizable FX impacts (~$3.3M YoY effect on operating profit), a Q2 GAAP loss and segment-specific order softness in Weighing and Measurement Systems. Liquidity and balance-sheet metrics are solid (cash ~$75.7M, net cash ~$60M) and cost-savings initiatives are progressing. Overall, positives (record bookings, backlog, capacity investments, guidance) outweigh the transitory operational and macro-related negatives.Positive Updates
Strong Order Momentum and Record Bookings
Total orders of $95.5M in Q2; consolidated book-to-bill of 1.14 (seventh consecutive quarter ≥ 1.0). Sensors bookings hit an all-time quarterly record of $48.1M, up 6% sequentially.
Negative Updates
ERP-Related Shipment Delays Impacting Revenue
Approximately $3M of shipments at the KELK business were temporarily delayed due to an ERP implementation; revenue was negatively impacted in Q2 and the company expects to ship delayed orders by end of Q4 2026.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Order Momentum and Record Bookings
Total orders of $95.5M in Q2; consolidated book-to-bill of 1.14 (seventh consecutive quarter ≥ 1.0). Sensors bookings hit an all-time quarterly record of $48.1M, up 6% sequentially.
Read all positive updates
Company Guidance
Guidance: VPG expects third‑quarter 2026 net revenue of $84–$89 million (assuming Q2 FX rates; excludes profit‑neutral tariff refunds) and reiterated confidence in delivering organic revenue growth for 2026 above its 3–year plan target of 8%–10% (and double‑digit growth for the full year); key operating metrics include Q2 revenue of $83.9M, Q2 orders of $95.5M and a consolidated book‑to‑bill of 1.14 (Sensors book‑to‑bill 1.44 with Sensors bookings of $48.1M), backlog of $135.8M (up ~$10–11M QoQ), ~$3M of KELK shipment delays expected to ship by end of Q4, nearly $1M of cost savings in Q2 with ~$6M savings targeted for 2026 and ~$20M over three years, Q2 adjusted EBITDA $5.5M (6.5% of revenue) and adjusted operating margin 1.7% (GAAP operating margin -0.4%), Q2 adjusted net income $0.586M ($0.04/share) versus a GAAP loss of $1.7M ($0.13/share), cash of $75.7M (net cash ~$60M after $15.6M long‑term debt), capex guidance $10–12M for 2026 (YTD $5M), and an assumption of an operational tax rate of ~30% for the year.Vishay Precision Group Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
74
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 319.81M | 307.20M | 306.52M | 355.05M | 362.58M | 317.92M |
| Gross Profit | 125.26M | 119.43M | 125.53M | 150.34M | 149.60M | 125.14M |
| EBITDA | 27.31M | 26.65M | 35.88M | 57.96M | 62.71M | 42.14M |
| Net Income | 5.92M | 5.29M | 9.91M | 25.71M | 36.06M | 20.22M |
Balance Sheet | ||||||
| Total Assets | 453.84M | 455.89M | 450.94M | 471.57M | 476.74M | 461.89M |
| Cash, Cash Equivalents and Short-Term Investments | 82.49M | 87.37M | 79.27M | 83.97M | 88.56M | 84.33M |
| Total Debt | 44.39M | 64.02M | 55.37M | 58.48M | 85.05M | 90.46M |
| Total Liabilities | 119.36M | 119.66M | 129.07M | 141.64M | 170.22M | 184.85M |
| Stockholders Equity | 334.72M | 336.37M | 321.97M | 329.84M | 306.55M | 277.10M |
Cash Flow | ||||||
| Free Cash Flow | -1.05M | 6.35M | 10.65M | 30.74M | 11.74M | 16.48M |
| Operating Cash Flow | 8.54M | 14.38M | 19.82M | 45.89M | 33.03M | 33.54M |
| Investing Cash Flow | 1.19M | 2.90M | -12.90M | -15.10M | -20.84M | -64.05M |
| Financing Cash Flow | -11.63M | -11.40M | -9.40M | -35.94M | -3.63M | 18.82M |
Vishay Precision Group Technical Analysis
Negative
104.44
Price Trends
118.48
Negative
89.24
Negative
65.00
Positive
Market Momentum
-8.51
Positive
33.95
Neutral
40.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VPG, the sentiment is Negative. The current price of 104.44 is above the 20-day moving average (MA) of 100.83, below the 50-day MA of 118.48, and above the 200-day MA of 65.00, indicating a neutral trend. The MACD of -8.51 indicates Positive momentum. The RSI at 33.95 is Neutral, neither overbought nor oversold. The STOCH value of 40.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VPG.
Vishay Precision Group Risk Analysis
Vishay Precision Group disclosed 44 risk factors in its most recent earnings report. Vishay Precision Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Vishay Precision Group Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $2.21B | 71.37 | 2.61% | ― | 4.90% | ― | |
73 Outperform | $1.83B | 26.50 | 12.52% | 0.27% | 8.48% | 13.14% | |
68 Neutral | $2.87B | 53.90 | 3.85% | 0.84% | 8.87% | 39.10% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | $2.70B | 35.85 | 17.37% | ― | 11.97% | ― | |
50 Neutral | $1.22B | 205.15 | 1.77% | ― | 7.51% | 93.82% | |
49 Neutral | $496.25M | -13.87 | -5.25% | 1.31% | -2.76% | 42.91% |
* Technology Sector Average
VPG
Vishay Precision Group
73.56
46.14
168.27%
BHE
Benchmark Electronics
84.06
45.92
120.42%
CTS
CTS
66.78
28.50
74.44%
MEI
Methode Electronics
17.26
11.08
179.38%
ROG
Rogers
132.18
61.67
87.46%
PENG
Penguin Solutions
55.72
32.82
143.32%
Vishay Precision Group Corporate Events
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Vishay Precision Plans CFO Retirement Amid Governance Updates
Positive
May 22, 2026
On May 18, 2026, Vishay Precision Group’s Executive Vice President and Chief Financial Officer, William M. Clancy, notified the company of his retirement and related resignation effective December 31, 2026, under a transition agreement that ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.