Vishay Intertechnology Inc. (VSH) Reaches New 12-Month High at $13.69
Vishay Intertechnology Inc. (NYSE:VSH) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $13.69 and last traded at $13.60, with a volume of 341,090 shares trading hands. The stock had previously closed at $13.50.
Several equities research analysts have recently weighed in on the company. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $15.00 price target on the stock in a report on Thursday, August 4th. Argus reiterated a “buy” rating on shares of Vishay Intertechnology in a report on Wednesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Vishay Intertechnology has an average rating of “Hold” and an average target price of $11.83.
The firm has a 50 day moving average of $12.75 and a 200 day moving average of $12.27. The firm’s market cap is $2.02 billion.
Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported $0.23 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.01. The company earned $590 million during the quarter, compared to analyst estimates of $586.45 million. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter last year, the business earned $0.20 EPS. Analysts anticipate that Vishay Intertechnology Inc. will post $0.88 EPS for the current year.
Other institutional investors recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of Vishay Intertechnology by 1.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,459,274 shares of the company’s stock worth $138,086,000 after buying an additional 127,135 shares during the period. Victory Capital Management Inc. raised its position in shares of Vishay Intertechnology by 8.5% in the fourth quarter. Victory Capital Management Inc. now owns 2,026,595 shares of the company’s stock worth $24,420,000 after buying an additional 158,072 shares during the period. Liberty Mutual Group Asset Management Inc. raised its position in shares of Vishay Intertechnology by 46.4% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 84,321 shares of the company’s stock worth $1,016,000 after buying an additional 26,741 shares during the period. Finally, California Public Employees Retirement System raised its position in shares of Vishay Intertechnology by 1.8% in the fourth quarter. California Public Employees Retirement System now owns 520,400 shares of the company’s stock worth $6,271,000 after buying an additional 9,100 shares during the period.
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five segments. The MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs. The Diodes segment’s products include rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers (SCRs) and power modules.
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