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Vishay Precision Group Announces Date for Its Fourth Quarter Fiscal 2025 Earnings Conference Call
Globenewswire· 2026-01-14 13:00
MALVERN, Pa., Jan. 14, 2026 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, will release its financial results for the fourth quarter of fiscal 2025 before the opening of the market on Wednesday, February 11, 2026. Ziv Shoshani, chief executive officer, and Bill Clancy, chief financial officer, will host a conference call that day (Wednesday, February 11, 2026) at 9:00 a.m. U.S. eastern time. To access the conference call, interested ...
Vishay Precision Group (NYSE:VPG) Conference Transcript
2025-12-10 16:02
Summary of Vishay Precision Group (VPG) Conference Call Company Overview - **Company Name**: Vishay Precision Group (VPG) - **Ticker**: VPG - **Industry**: Sensor manufacturing, specifically focusing on sensors for weight, force, torque, and pressure measurement [2][3] Core Market Insights - **Market Size**: The global sensor market is estimated to be around $250 billion annually, with growth in the high single digits [2] - **Market Segments**: VPG operates in diverse niche markets, including: - Traditional industrial markets - Manufacturing and industrial weighing scales - Tech-driven markets such as semiconductor equipment, precision agriculture, medical equipment, and consumer electronics [3][4] - **Business Segments**: VPG has three main segments: - Sensors - Weighing Solutions - Measurement Systems [4] Financial Performance and Targets - **Long-term Financial Targets**: VPG aims for low teens growth, with targets of 45% gross margin, 18% operating margin, and 22% EBITDA margin over the next three to five years [6] - **Recent Performance**: Achieved record gross margins in 2024 and the third quarter of 2025, indicating operational improvements [15][23] Growth Opportunities - **Emerging Trends**: VPG is capitalizing on macro trends such as: - Electrification (testing EV models and batteries) - Industrial automation (including robotics) - Defense and space technology [8][10][11] - **New Applications**: Engaging in new applications like humanoid robots and advanced ceramics testing, which are expected to drive significant growth [19][21] Business Development Initiatives - **New Business Orders**: VPG has booked $26 million in orders through Q3 2025, nearing its target of $30 million for the year [18][30] - **Focus on New Customers**: The company is formalizing its business development initiatives and increasing accountability at the board level [17] Operational Excellence - **Manufacturing Investments**: VPG invested $53 million from 2021 to 2023 to upgrade manufacturing capabilities, resulting in improved efficiency and margins [15][14] - **Cost Reduction Programs**: Ongoing efforts to implement additional cost reductions and operational efficiency programs [15] Competitive Landscape - **Market Position**: VPG holds a number one or number two position in most of its niche markets, facing competition from smaller local companies [33] Cash Management and Acquisition Strategy - **Cash Priorities**: Focus on business growth, capital improvements, and potential acquisitions of companies with revenues of $75 million or greater [34] Conclusion - VPG is positioned for growth through operational improvements, new market opportunities, and a strong focus on business development initiatives, with a positive outlook for 2026 and beyond [36]
Vishay Precision Group: A Better Business, Still Not A Better Entry Point (NYSE:VPG)
Seeking Alpha· 2025-12-01 13:30
Group 1 - The business trajectory of Vishay Precision Group, Inc. (VPG) is positive this year, characterized by steadier orders and improved performance from the Sensors segment [1] - The company's margins remain stable despite some fluctuations related to foreign exchange and product issues [1] - The analyst emphasizes a focus on companies with strong fundamentals and real potential, particularly in the tech, infrastructure, and internet services sectors [1]
APELY or VPG: Which Is the Better Value Stock Right Now?
ZACKS· 2025-11-24 17:40
Core Insights - The article compares two companies in the Electronics - Miscellaneous Components sector: Alps Electric (APELY) and Vishay Precision (VPG) to determine which is a better undervalued stock option [1] Valuation Metrics - APELY has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while VPG has a Zacks Rank of 4 (Sell) [3] - APELY's forward P/E ratio is 26.08, significantly lower than VPG's forward P/E of 45.44, suggesting APELY is more undervalued [5] - APELY's PEG ratio is 0.67, indicating better expected earnings growth relative to its price, compared to VPG's PEG ratio of 2.27 [5] - APELY has a P/B ratio of 0.94, while VPG's P/B ratio is 1.22, further supporting APELY's valuation advantage [6] - Based on these metrics, APELY holds a Value grade of A, while VPG has a Value grade of C, reinforcing APELY's position as the superior value option [6]
Vishay Precision Group (NYSE:VPG) FY Conference Transcript
2025-11-20 14:57
Summary of Vishay Precision Group (VPG) FY Conference Call Company Overview - **Company Name**: Vishay Precision Group (NYSE: VPG) - **Industry**: Sensor technology, focusing on weight, force, torque, and pressure measurement - **Market Size**: Global sensor market estimated at $250 billion annually, growing in high single digits [2][3] Core Business Segments - **Segments**: - Sensors: Components for modules or systems, including precision resistors and strain gauge sensors - Weighing Solutions: Modules incorporating sensors for OEM equipment in various industries - Measurement Systems: Standalone systems for specific applications [5][6] Financial Highlights and Targets - **Long-term Financial Targets**: - Revenue growth in low teens (organic and inorganic) - Gross margin target: 45% - Operating margin target: 18% - EBITDA margin target: 22% [6][7] - **Recent Performance**: Achieved record gross margin in 2024; improved operational efficiency allows for achieving targets at lower revenue levels [16][26] Growth Opportunities - **Emerging Trends**: - Electrification, digital transformation, industrial automation, defense, and space technology are driving new opportunities [8][9] - **Specific Applications**: - Testing for electric vehicles (EVs) and batteries - Robotics, including humanoid robots and medical robots - Precision agriculture and advanced manufacturing automation [10][11][12] Business Development Initiatives - **New Customer Acquisition**: Focus on formalizing business development initiatives with accountability at the board level; target of generating $30 million in orders from new initiatives [18][19] - **Key Opportunities**: - Humanoid robots: $3.6 million in orders for prototypes in 2025; working on torque and tactile sensors [20][21] - Testing new ceramics for defense applications, with a platform that increases test throughput significantly [23][25] Operational Improvements - **Capital Investment**: $53 million invested from 2021 to 2023 in upgrading manufacturing capabilities [16] - **Efficiency Gains**: Enhanced operational platform leading to record gross margins and improved cost structure [16][26] Market Dynamics - **Defense Sector**: Approximately 9% of revenue from avionics, military, and space; potential growth from increased defense budgets despite some near-term disruptions [11][27] - **Competitive Landscape**: Focus on North American and European developers in humanoid robotics; limited competition in high-performance sensor technology [30][32] Conclusion - **Outlook**: Positive growth prospects driven by operational excellence, new business initiatives, and emerging market trends; expectation of improved performance in cyclical markets over time [37]
VPG to Present and Host 1x1 Investor Meetings at the 17th Annual Southwest IDEAS Conference on November 20, 2025 in Dallas, TX
Globenewswire· 2025-11-05 16:32
Core Viewpoint - Vishay Precision Group, Inc. (VPG) will present at the Southwest IDEAS Investor Conference on November 20, 2025, highlighting its leadership in precision measurement and sensing technologies [1]. Group 1: Company Presentation - The presentation is scheduled for 7:55 a.m. CT and will be available via live and on-demand webcast [2]. - Interested parties can access the webcast through a provided link or VPG's website [2]. Group 2: Conference Overview - The IDEAS Investor Conferences aim to provide independent venues for quality companies to present their investment merits to investment professionals [3]. - These conferences are sponsored by investors for the benefit of regional investment communities and are produced by Three Part Advisors, LLC [3]. Group 3: Company Background - VPG specializes in precision measurement and sensing technologies, offering sensors, weighing solutions, and measurement systems that enhance product performance across various markets [4]. - The company emphasizes its role in making the world safer, smarter, and more productive [4].
Vishay Precision Group(VPG) - 2025 Q3 - Earnings Call Transcript
2025-11-04 15:00
Financial Data and Key Metrics Changes - Third quarter revenue was $79.7 million, reflecting a 6.1% increase from the second quarter and a 5.3% increase year-over-year [3][4] - Adjusted gross margin was 40.5%, impacted by $600,000 from unfavorable foreign exchange and $800,000 from unfavorable product mix [16][18] - Adjusted operating margin improved to 6.2%, up from 4.8% in the previous year [18][19] - Net earnings were $7.8 million, or $0.58 per diluted share, with adjusted net earnings of $3.5 million, or $0.26 per diluted share [19][20] - Adjusted EBITDA was $9.2 million, representing 11.5% of revenue, compared to $7.9 million or 10.5% in the second quarter [20] Business Line Data and Key Metrics Changes Sensors Segment - Revenue increased 19.1% sequentially, driven by higher sales of precision resistors and stringages [6][7] - Sensor bookings rose 13.5% sequentially, achieving a book to bill of 1.07 [6] Weighing Solutions Segment - Sales decreased 6.4% from the second quarter, with orders down about 10%, resulting in a book to bill of 0.89 [9][10] - The decline was attributed to lower sales in the transportation and construction markets [9] Measurement Systems Segment - Revenue increased 7.3% sequentially, with orders decreasing 6.9%, resulting in a book to bill of 1.04 [10][11] - Ongoing softness in DTS due to delays in defense and space government projects was noted [11] Market Data and Key Metrics Changes - The overall market environment was described as stable, with mixed trends globally [4][5] - The European economy showed improvement, impacting the onboard weighing business positively [23] Company Strategy and Development Direction - The company aims to achieve $30 million in business development orders for 2025, having generated approximately $26 million in the first nine months [12][37] - Cost efficiency goals include $5 million in annualized cost reductions by year-end [12][27] - The company is exploring M&A opportunities to enhance growth and profitability [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term potential in humanoid robotics, with initial deployments expected in 2026 [7][8] - The company anticipates stable, moderately improved business conditions moving forward [15] - The impact of the U.S. Government shutdown on the Measurement Systems division was acknowledged, with potential revenue effects in the hundreds of thousands of dollars [38][39] Other Important Information - The company appointed two new executives to enhance leadership and operational excellence [14] - The cash position at the end of the third quarter was $86.3 million, with long-term debt of $20.5 million [20] Q&A Session Summary Question: Disconnect in Weighing Solutions business - Management explained that the Weighing Solutions business is stable but relies on large companies that are experiencing a slowdown due to interest rates [23] Question: Sustainability of gross margin - Management indicated that gross margin of 40.3% is sustainable due to ongoing cost reduction initiatives [24][26] Question: Humanoid robotics shipment ramp-up - Management confirmed discussions regarding higher volume production but could not provide specifics on ramp-up timelines [28][30] Question: New customer opportunities - Management is engaged in engineering dialogues with potential new customers but noted the proprietary nature of their design processes [35][36] Question: Impact of U.S. Government shutdown - Management estimated the impact on the Measurement Systems division to be significant, particularly for the DTS product line [38][39]
Vishay Precision Group(VPG) - 2025 Q3 - Earnings Call Transcript
2025-11-04 15:00
Financial Data and Key Metrics Changes - Third quarter revenue was $79.7 million, reflecting a 6.1% increase from the second quarter and a 5.3% increase year-over-year [4][12] - Adjusted gross margin was 40.5%, down from 41% in the second quarter, impacted by unfavorable foreign exchange and product mix [12] - Adjusted operating margin improved to 6.2% from 4.8% in the second quarter [12] - Net earnings were $7.8 million or $0.58 per diluted share, with adjusted net earnings of $3.5 million or $0.26 per diluted share [14] - Adjusted EBITDA was $9.2 million, representing 11.5% of revenue, up from $7.9 million or 10.5% of revenue in the second quarter [14] Business Line Data and Key Metrics Changes - Sensor segment revenue increased 19.1% sequentially, driven by higher sales of precision resistors and strain gauges [5][6] - Weighing solutions segment sales decreased 6.4% from the second quarter, with orders down about 10% [7] - Measurement systems segment revenue increased 7.3% sequentially, but orders decreased 6.9%, resulting in a book-to-bill of 1.04 [8] Market Data and Key Metrics Changes - The overall bookings for sensors and measurement systems segments were stable, with a book-to-bill ratio of 1.07 and 1.04 respectively [4][8] - The weighing solutions segment experienced a book-to-bill of 0.89, indicating a decline in orders [7] Company Strategy and Development Direction - The company aims to achieve $30 million in business development orders for 2025, having generated approximately $26 million in the first nine months [9] - Cost efficiency goals include $5 million in annualized cost reductions by year-end, with $4 million already realized [19] - The company is expanding its leadership team with new C-suite roles to enhance growth and operational excellence [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term potential in humanoid robotics, with $3.6 million in orders year-to-date [6][10] - The company anticipates stable revenue for the fourth quarter, projecting net revenues between $75 million and $81 million [15] - Management noted that the U.S. government shutdown may impact the measurement systems division, particularly the DTS product line [29] Other Important Information - The company successfully mitigated tariff costs through price adjustments to customers [5] - Cash position at the end of the third quarter was $86.3 million, with long-term debt of $20.5 million, resulting in a net cash position of $65.8 million [14] Q&A Session Summary Question: Disconnect in the weighing solutions business - Management explained that the weighing solutions business is stable but affected by a slowdown in OEM sectors due to interest rates [17] Question: Sustainability of record gross margin - Management indicated that the gross margin of 40.3% is sustainable due to ongoing cost reduction initiatives [18] Question: Realization of cost savings - Management confirmed that they expect to meet the $5 million cost savings target by year-end, with $4 million already achieved [19] Question: Ramp-up in humanoid robotics - Management discussed ongoing discussions with customers regarding higher volume production but could not provide specifics on ramp-up timelines [22] Question: New customer opportunities in humanoid robotics - Management stated they are in engineering dialogues with potential new customers but cannot predict approval timelines due to proprietary processes [26] Question: Impact of U.S. government shutdown - Management estimated that the impact on the measurement systems division would be in the hundreds of thousands of dollars due to the shutdown [29]
Vishay Precision Group(VPG) - 2025 Q3 - Earnings Call Presentation
2025-11-04 14:00
Financial Performance - 3Q25 revenue reached $79.7 million, a 6.1% sequential increase[6] - Orders totaled $79.7 million, consistent with 2Q25[7] - Adjusted net earnings per diluted share increased from $0.17 in 2Q25 to $0.26 in 3Q25[8] - Adjusted EBITDA was $9.2 million, representing 11.5% of revenue[8] Segment Highlights - Sensors segment revenue grew 19.1% sequentially[16], reaching $31.6 million[13], with a book-to-bill ratio of 1.07[10, 14] - Weighing Solutions segment revenue declined 6.4% sequentially but increased 9.4% year-over-year[21], reaching $27.5 million[18], with a record gross margin of 40.3%[21] - Measurement Systems segment revenue grew 7.3% sequentially but decreased 8.0% year-over-year[27], reaching $20.6 million[24], with a book-to-bill ratio of 1.04[26] Strategic Initiatives - The company completed the sale of a building for $10.8 million as part of manufacturing consolidations[28] - Targeted annual fixed cost reductions of $5 million are on track[28]
Vishay Precision (VPG) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2025-11-04 13:31
Company Performance - Vishay Precision (VPG) reported quarterly earnings of $0.26 per share, exceeding the Zacks Consensus Estimate of $0.21 per share, and up from $0.19 per share a year ago, representing an earnings surprise of +23.81% [1] - The company posted revenues of $79.73 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.50% and increasing from $75.73 million year-over-year [2] - Over the last four quarters, Vishay has surpassed consensus EPS estimates two times and topped consensus revenue estimates twice [2] Stock Performance - Vishay shares have increased approximately 62% since the beginning of the year, significantly outperforming the S&P 500's gain of 16.5% [3] - The current consensus EPS estimate for the upcoming quarter is $0.27 on revenues of $79.73 million, and for the current fiscal year, it is $0.69 on revenues of $303.66 million [7] Industry Outlook - The Electronics - Miscellaneous Components industry, to which Vishay belongs, is currently ranked in the top 15% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry performance can materially impact stock performance [5][8]