Vishay Precision (VPG) shares increased by 7.7% in the last trading session, closing at $67.24, driven by higher-than-usual trading volume. Over the last month, the stock has gained 26.8%. This surge is attributed to strong booking momentum in Vishay Precision’s Sensors business, influenced by rising demand from sectors like semiconductor equipment and aerospace.
In the upcoming quarterly report, Vishay is expected to post break-even earnings per share, reflecting a year-over-year decline of 100%. Revenue projections stand at $77.12 million, a 7.5% increase from the previous year. Overall, the stock currently holds a Zacks Rank of #3 (Hold).
In related news, American Superconductor (AMSC) also saw a gain of 3.7%, closing at $55.19, and has returned 47.2% over the past month. Their consensus EPS estimate remains unchanged at $0.19, representing a 58.3% increase compared to the previous year.
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