VPG Earnings Prediction
The chart below shows how VPG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VPG sees a +0.43% change in stock price 10 days leading up to the earnings, and a -2.96% change 10 days following the report. On the earnings day itself, the stock moves by -1.39%. This data can give you a slight idea of what to expect for the next quarter's release.
VPG Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
75.73M
-11.80%
-2.11%
Gross Margin
39.96%
-4.54%
-4.61%
Operating Margin
5.18%
-53.63%
-32.11%
Net Margin
-1.75%
-123.65%
-129.17%
EPS
-0.10
-121.74%
-129.41%
No Data Available
VPG Earnings Analysis
Vishay Precision Group, Inc. Corporation (VPG.N) Earnings Conference Call
Positive
Sales Performance Exceeds Expectations: 1. Sales Exceed Guidance: VPG reported third quarter sales of $75.7 million, surpassing the mid-range of their guidance, indicating strong performance despite mixed market conditions.
Strategic Acquisition Impact: 2. Acquisition of Nokra: The acquisition of Nokra is expected to be immediately accretive and will strategically expand VPG's product offerings in the steel market, enhancing growth potential.
Cash and Liquidity Strength: 3. Strong Cash Position: VPG ended the third quarter with $81.1 million in cash and cash equivalents, providing ample liquidity for operational needs and future investments.
Stock Buyback Initiative: 4. Stock Repurchase Program: During the third quarter, VPG repurchased $1.9 million of its stock, reflecting confidence in its long-term value and commitment to returning capital to shareholders.
Revenue Recovery Outlook: 5. Positive Outlook for Revenue Recovery: VPG anticipates net revenues in the range of $70 million to $78 million for the fourth quarter, indicating a recovery trend in their business operations.
Negative
Order Decline Analysis: 1. Declining Orders: Orders decreased to $68.6 million in Q3 from $73.5 million in Q2, resulting in a book-to-bill ratio of 0.91, indicating a decline in demand.
Sensors Revenue Decline: 2. Revenue Decline in Sensors Segment: The Sensors segment reported revenue of $28.2 million, down 13.3% year-over-year and 2.3% sequentially, primarily due to lower sales in consumer applications.
Weighing Solutions Revenue Decline: 3. Weighing Solutions Segment Revenue Drop: Weighing Solutions sales fell to $25.2 million, a decline of 13.1% year-over-year and 8.3% sequentially, driven by lower sales in Industrial Weighing and Transportation markets.
Measurement Systems Orders Drop: 4. Measurement Systems Orders Decline: The Measurement Systems segment experienced a book-to-bill ratio of 0.82, with orders declining 16.9% from the previous quarter to $18.2 million, primarily due to lower bookings in steel and transportation.
Decline in Free Cash Flow: 5. Negative Free Cash Flow: Adjusted free cash flow was negative $2.3 million in Q3, a significant drop from positive $4.9 million in Q2, impacted by one-time tax payments and insurance renewals.
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VPG Earning Call Sentiment
Vishay Precision Group, Inc. (VPG) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
VPG.N
-1.19%Positive
The earnings call indicates several challenges: declining orders, reduced gross and operational margins, and a negative free cash flow. The Q&A section reveals unresolved issues in the Sensors segment and uncertainties about growth from the Nokra acquisition. Despite some positive elements, such as improved labor efficiencies and a stable credit facility, the overall sentiment is negative due to weak financial performance and lack of clear guidance, leading to a predicted stock price movement in the negative range (-2% to -8%).