What Does Vishay Precision Group (VPG) Do? - Stock Outlook, Earnings, Market Cap, Related Stocks, Headquarters Full Guide
Vishay Precision Group (VPG) is a US technology company that manufactures precision measurement and sensing products. Revenue and the share price are driven by industrial demand, sensor and measurement system sales, the industrial cycle, and costs, making it a stock that attracts significant market interest for its outlook and related stocks.
Subscribe🏢 What kind of company is Vishay Precision Group?
Vishay Precision Group (VPG) is a US technology company that manufactures precision measurement and sensing products. The company designs and produces sensors and measurement systems that measure force and weight, including precision resistors, strain gages, and load cells, supplying the industrial and test & measurement fields and building its position.
Its core business is the manufacture of precision measurement and sensing products and measurement systems. It produces force and weight sensors such as precision resistors, strain gages, and load cells, and combines them to provide weight and force measurement systems and sensor solutions, operating a scientific and technical instrumentation business that supplies a wide range of fields including industrial and test & measurement, transportation, and aerospace.
💰 How does Vishay Precision Group make money?
| Business Segment | Revenue Share | Description |
|---|---|---|
| Precision Resistors & Foil | Core | Precision resistors and strain gages |
| Force & Weight Sensors | Key Growth Pillar | Force and weight sensors such as load cells |
| Measurement Systems | Diversification Pillar | Weight and force measurement systems and solutions |
Precision resistors and force and weight sensors form the core of revenue, while measurement systems and sensor solutions contribute to revenue diversification. Revenue is linked to industrial demand, sensor and measurement system sales, and the industrial cycle, resulting in fluctuations depending on the industrial and test & measurement environment, while margins vary based on costs and product mix. Industrial demand, expansion of measurement systems, the industrial cycle, and cost management will serve as the key variables for future performance.
📐 Vishay Precision Group's Market Cap and Company Scale
The market cap is $805.8M and the employee headcount is 2,100 people.
As a mid-sized scientific and technical instrumentation company, it leverages its precision measurement and sensing expertise, broad industrial applications, and measurement system capabilities as competitive advantages. It shares its business environment with peers in the same scientific and technical instrumentation space such as NOVT, ST, and MKSI, pursuing differentiation through its specialization in precision resistors and sensors combined with measurement systems. The company is in a phase of concentrating resources on expanding measurement systems, diversifying industrial applications, and improving cost efficiency.
📈 Vishay Precision Group Outlook and Share Price Trends
1-Year Price Performance
Analyst Consensus
52-Week Price RangeIndustrial automation, precision measurement demand, expansion of measurement systems, and diversification of industrial applications are the key long-term growth drivers. Industrial automation and precision measurement and sensing demand provide the business foundation, while the expansion from sensors to measurement systems and solutions adds higher-value revenue. In the short term, industrial cycle slowdown, industrial demand fluctuations, costs and exchange rates, inventory adjustments, and intensifying competition could act as volatility factors for earnings and the share price.
- Industrial automation and precision measurement & sensing demand
- Expansion from sensors to measurement systems and solutions
- Diversification of industrial applications and cost efficiency
⚔️ Vishay Precision Group's Core Competitive Strengths and Risks
Precision measurement and sensing expertise, broad industrial applications, and measurement system capabilities are its strengths, while the industrial cycle, industrial demand fluctuations, and costs are the key risks.
💪 Core Competitive Strengths
⚠️ Key Risks
🔄 Vishay Precision Group's Competitors and Related (Beneficiary) Stocks
Direct competitors grouped within the same scientific and technical instrumentation space include NOVT in precision motion and instrumentation, ST in sensors and connectivity solutions, and MKSI in semiconductor and instrumentation equipment. Related stocks grouped together include COHR in optics and instrumentation, KEYS in test and measurement equipment, and TDY in instrumentation and imaging. The scientific and technical instrumentation industry and industrial cycle of these names are structurally linked to VPG's business environment.
Competitors| Ticker | Company | Price | Change | Market Cap | P/E | PBR | ROE | Dividend Yield |
|---|---|---|---|---|---|---|---|---|
 NOVT | Novanta Inc | $140.05 | -4.4% | $5.3B | 89.5 | 3.3 | 5.11% | - |
 ST | Sensata Technologies Holding Plc | $41.38 | -5.2% | $6.0B | 68.3 | 2.0 | 3.08% | 1.23% |
 MKSI | MKS Inc | $239.27 | -10.5% | $16.2B | 38.1 | 5.4 | 15.92% | 0.42% |
Related stocks (beneficiaries)| Ticker | Company | Price | Change | Market Cap | P/E | PBR | ROE | Dividend Yield |
|---|---|---|---|---|---|---|---|---|
| COHR | Coherent Corp | $266.50 | -12.7% | $52.2B | 64.8 | 4.8 | 8.46% | 0.01% |
| KEYS | Keysight Technologies Inc | $314.96 | -7.0% | $53.6B | 43.4 | 8.2 | 20.9% | - |
| TDY | Teledyne Technologies Inc | $597.11 | -1.1% | $27.7B | 28.9 | 2.5 | 9.16% | - |
✅ Vishay Precision Group Investor Checklist
Here are the key points to review when investing in Vishay Precision Group. Industrial demand, sensor and measurement system sales, and the industrial cycle are the short-term key variables, and the expansion of measurement systems, costs, exchange rates, and competitive intensity also need to be monitored.
| Checkpoint | What to Verify | Current Status |
|---|---|---|
| 📐 Industrial Demand | Industrial and test & measurement demand and the industrial cycle | Cycle-linked |
| ⚖️ Measurement Systems | Expansion of measurement systems and solutions | Expanding trend |
| 📦 Inventory Adjustment | Customer inventory adjustments and demand fluctuations | Needs monitoring |
| 🪙 Costs & FX | Costs, exchange rates, and competition | Monitoring fluctuations |
Industrial and test & measurement demand may contract during industrial cycle slowdowns. Industrial demand fluctuations and customer inventory adjustments affect revenue, while cost and exchange rate fluctuations and intensifying competition in instrumentation can also act as volatility factors for margins and the share price.
As a scientific and technical instrumentation company specialized in precision measurement and sensing, growth is expected from industrial automation, precision measurement demand, and the expansion of measurement systems. However, given that the stock is affected by the industrial cycle, industrial demand fluctuations, and costs, dollar-cost averaging and a long-term perspective are recommended.
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