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Vishay Precision Group (Vishay Precision Group) Preferred Stock : $0.0 Mil (As of Dec. 2023)


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What is Vishay Precision Group Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Vishay Precision Group's preferred stock for the quarter that ended in Dec. 2023 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Vishay Precision Group's Enterprise Value for the quarter that ended in Dec. 2023 was $428.1 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Vishay Precision Group's Book Value per Share for the quarter that ended in Dec. 2023 was $24.56.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Vishay Precision Group's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.31.


Vishay Precision Group Preferred Stock Historical Data

The historical data trend for Vishay Precision Group's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vishay Precision Group Preferred Stock Chart

Vishay Precision Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
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Vishay Precision Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Vishay Precision Group Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Vishay Precision Group  (NYSE:VPG) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Vishay Precision Group's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Vishay Precision Group's Book Value per Share for the quarter that ended in Dec. 2023 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Vishay Precision Group's Earnings per Share (Diluted) (EPS) for the three months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vishay Precision Group Preferred Stock Related Terms

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Vishay Precision Group (Vishay Precision Group) Business Description

Traded in Other Exchanges
N/A
Address
3 Great Valley Parkway, Suite 150, Malvern, PA, USA, 19355
Vishay Precision Group Inc manufactures and markets sensors, and sensor-based measurement systems, as well as specialty resistors and strain gages based on proprietary technology. The company provides precision products and solutions, many of which are designed-in by customers, specializing in the growing markets of stress, force, weight, pressure, and current measurements. The company reports in three product segments: Sensors segment, Weighing Solutions segment, and Measurement Systems segment. It has a business presence in the United States and other countries. It generates majority revenue from United States.
Executives
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
William M Clancy officer: Exec. VP/CFO 3 GREAT VALLEY PKWY, MALVERN PA 19355
Bruce A. Lerner director C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Saul Reibstein director C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Janet M Clarke director EXPRESSJET HOLDINGS, INC., 700 N SAM HOUSTON PRKWY W, SUITE 200, HOUSTON TX 77067
Marc Zandman director C/O VISHAY INTERTECHNOLOGY, INC., 63 LINCOLN HIGHWAY, MALVERN PA 19355
Timothy Talbert director 3152 CASWELL DR, TROY MI 48084
Amir Tal officer: SVP and CAO C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Sejal Shah Gulati director C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Ziv Shoshani director, officer: President & CEO C/O VISHAY INTERTECHNOLOGY, INC., 63 LANCASTER AVE, MALVERN PA 19355
Nokomis Capital, L.l.c. 10 percent owner 1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Cary B Wood director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Roland B Desilets officer: General Counsel & Secretary 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Brett Hendrickson 10 percent owner 300 CRESCENT COURT, SUITE 1740, DALLAS TX 75201
Samuel Broydo director C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355