Vishay Intertechnology Inc. (VSH) Reaches New 52-Week High at $14.03
Shares of Vishay Intertechnology Inc. (NYSE:VSH) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $14.03 and last traded at $13.99, with a volume of 549,545 shares. The stock had previously closed at $13.92.
VSH has been the subject of several recent analyst reports. Argus reiterated a “buy” rating on shares of Vishay Intertechnology in a research note on Wednesday, August 10th. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research note on Wednesday, July 20th. One analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Vishay Intertechnology currently has a consensus rating of “Hold” and a consensus target price of $11.83.
The firm’s market capitalization is $2.05 billion. The firm has a 50-day moving average of $12.80 and a 200-day moving average of $12.32.
Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.23 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.01. The business had revenue of $590 million for the quarter, compared to analyst estimates of $586.45 million. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.20 EPS. Equities analysts forecast that Vishay Intertechnology Inc. will post $0.88 earnings per share for the current fiscal year.
A number of hedge funds have modified their holdings of VSH. Calvert Investment Management Inc. acquired a new stake in shares of Vishay Intertechnology during the fourth quarter valued at approximately $1,307,000. Victory Capital Management Inc. increased its stake 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 valued at $24,420,000 after buying an additional 158,072 shares during the last quarter. Finally, Liberty Mutual Group Asset Management Inc. increased its stake 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 valued at $1,016,000 after buying an additional 26,741 shares during the last quarter.
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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