Vishay Precision Group is trading 4.3% up at $71.00 in pre-market after investors appeared to reassess strong demand following the August 5 earnings selloff.
- Second-quarter revenue was $83.9 million; bookings reached $95.5 million, producing a 1.14 book-to-bill ratio.
- Adjusted EPS of $0.04 missed expectations as ERP-related shipment delays and foreign-exchange headwinds pressured profitability.
- The rebound follows a 7.49% decline on August 6; B. Riley cut its price target to $105 while maintaining a Buy rating overnight.