Vishay Intertechnology (NYSE:VSH) Getting Somewhat Favorable Media Coverage, Report Shows
Media coverage about Vishay Intertechnology (NYSE:VSH) has trended somewhat positive recently, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Vishay Intertechnology earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 47.429515332896 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s analysis:
- Vishay Intertechnology Inc. Reveals 61% Gain In Q2 Profit (nasdaq.com)
- Vishay beats 2Q profit forecasts (finance.yahoo.com)
- Edited Transcript of VSH earnings conference call or presentation 3-Aug-17 1:00pm GMT (finance.yahoo.com)
- Vishay Intertechnology, Inc. (VSH) Announces Quarterly Earnings Results, Beats Expectations By $0.02 EPS (americanbankingnews.com)
- Vishay Intertechnology (VSH) to Repurchase $150.00 million in Stock (americanbankingnews.com)
Several equities analysts recently commented on VSH shares. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research report on Friday, April 14th. ValuEngine upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. BidaskClub upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Finally, Stifel Nicolaus restated a “hold” rating and set a $17.00 target price on shares of Vishay Intertechnology in a research report on Friday, July 14th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $18.50.
Shares of Vishay Intertechnology (NYSE:VSH) traded up 1.72% during trading on Friday, reaching $17.70. The company’s stock had a trading volume of 1,887,112 shares. The firm’s 50-day moving average is $17.13 and its 200 day moving average is $16.54. The company has a market cap of $2.59 billion, a PE ratio of 46.34 and a beta of 1.22. Vishay Intertechnology has a 52-week low of $13.14 and a 52-week high of $18.55.
Vishay Intertechnology (NYSE:VSH) last released its earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.02. Vishay Intertechnology had a return on equity of 9.89% and a net margin of 3.34%. The firm had revenue of $644.89 million during the quarter, compared to analysts’ expectations of $643.19 million. During the same period in the prior year, the company earned $0.23 earnings per share. The company’s quarterly revenue was up 9.3% on a year-over-year basis. On average, equities research analysts predict that Vishay Intertechnology will post $1.30 EPS for the current fiscal year.
Vishay Intertechnology declared that its Board of Directors has approved a share buyback plan on Wednesday, August 2nd that permits the company to repurchase $150.00 million in shares. This repurchase authorization permits the semiconductor company to purchase up to 5.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its shares are undervalued.
In other news, insider Gerald Paul sold 50,000 shares of the stock in a transaction on Friday, May 12th. The stock was sold at an average price of $16.76, for a total value of $838,000.00. Following the completion of the transaction, the insider now directly owns 212,986 shares in the company, valued at approximately $3,569,645.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 7.91% of the stock is currently owned by corporate insiders.
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Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.
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