NYSE$VPG

Vishay Precision Group Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported a good start to the year with sales slightly higher than the high-end of guidance and a strong book-to-bill ratio.

Vishay Precision Group reported a 4.3% increase in revenue to $70.6 million compared to the previous year. The company's diluted earnings per share increased to $0.36 from $0.24 year-over-year, and the book-to-bill ratio was strong at 1.21.

  • Revenues increased 4.3% year-over-year to $70.6 million.
  • Gross profit margin improved to 40.5% compared to 37.0% a year ago.
  • Diluted earnings per share increased to $0.36, compared to $0.24 a year ago.
  • Book-to-bill ratio was 1.21, driven by sequential order growth of 22.0%.

Headline financials

Total Revenue

$70.6M

Previous: $67.7M+4.3%
EPS (adj)

$0.31

Previous: $0.29+6.9%
Gross Profit Margin

40.5%

No prior period
Operating Margin

9.1%

Previous: 6.9%+31.9%
Capital Expenditures

-$4.15M

Previous: -$3.18M-30.6%
Free Cash Flow

$811K

Previous: $134K+505.2%
Net Income

$4.96M

Previous: $3.31M+49.8%
Operating Income

$6.44M

Previous: $4.64M+38.7%
Gross Profit

$28.6M

Previous: $25.1M+14.2%
Cash & Equivalents

$96.2M

Previous: $82.7M+16.2%
Total Assets

$399M

Previous: $365M+9.3%
Stock-Based Comp

$366K

Previous: $379K-3.4%

Revenue & EPS history

Vishay Precision · Revenue · Quarterly

$70.6M

Q1 2021+4.3%vs Q1 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

The company expects net revenues to be in the range of $71 million to $77 million for the second fiscal quarter of 2021, at constant first fiscal quarter 2021 exchange rates.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.2%

Avg return

Earnings day

+2.7%

Avg return

5 days after

+4.4%

Avg return

30 days after

45%

29 / 64 earnings

Positive

+18.7%

Q4 2017

Best reaction

-17.6%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.0%+47.6%+115.1%
Q4 2025-13.4%-17.5%-23.5%
Q3 2025-6.4%-13.3%-1.8%
Q1 2025-1.1%-1.7%+9.6%
Q4 2024-4.2%+4.2%-6.6%
Q3 2024-1.6%-4.5%-1.1%
Q2 2024-14.2%-14.2%-18.2%
Q1 2024-9.0%-7.2%-4.0%
Q4 2023+11.7%+9.0%+5.1%
Q3 2023-9.7%-11.8%-3.2%
Q2 2023-4.9%-2.4%-7.1%
Q1 2023-13.1%-14.0%-3.8%
Q4 2022-7.0%-2.7%-5.6%
Q3 2022+6.9%+17.6%+22.8%
Q2 2022+12.9%+14.8%+10.3%
Q1 2022-4.7%+0.4%-3.1%
Q4 2021+4.9%+2.2%+4.0%
Q3 2021-0.8%+1.5%-9.3%
Q2 2021+5.5%+4.5%-0.6%
Q1 2021+0.4%+5.0%+8.0%
Q4 2020-6.1%-5.3%-8.9%
Q3 2020+12.0%+8.3%+18.7%
Q2 2020+2.8%+4.1%-3.2%
Q1 2020+0.0%+2.8%+13.7%
Q4 2019-7.2%-10.3%-46.3%
Q3 2019+4.4%+0.3%-2.0%
Q2 2019-17.6%-18.2%-15.4%
Q1 2019+2.9%+5.8%-3.3%
Q4 2018+1.9%+3.1%+0.1%
Q3 2018+6.9%+3.4%-10.1%
Q2 2018+4.7%+6.8%+2.3%
Q1 2018+16.6%+23.9%+37.1%
Q4 2017+18.7%+26.8%+26.8%
Q3 2017+2.4%+7.5%+20.3%
Q2 2017+7.5%+11.1%+30.7%
Q1 2017+1.1%+1.4%+1.1%
Q4 2016-3.8%-4.1%-7.4%
Q3 2016+10.2%+21.0%+20.7%
Q2 2016-12.9%-2.0%+9.1%
Q1 2016+0.2%
Q4 2015+1.1%
Q3 2015+5.6%
Q2 2015+7.4%
Q1 2015-7.0%
Q4 2014-5.4%
Q3 2014+3.6%
Q2 2014+13.0%
Q1 2014-1.2%
Q4 2013+10.7%
Q3 2013-4.7%
Q2 2013-6.9%
Q1 2013-0.6%
Q1 2011-0.3%
Q4 2011-0.3%
Q4 2009-0.3%
Q4 2012-0.4%
Q3 2012-7.7%
Q2 2012-1.7%
Q1 2012+1.2%
Q3 2011-4.8%
Q3 2010-4.8%
Q2 2010-4.7%
Q4 2010-4.7%
Q2 2011-4.7%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro