Vishay Intertechnology, Inc. (NYSE:VSH)‘s stock had its “hold” rating reiterated by investment analysts at Stifel Nicolaus in a research report issued on Monday. They currently have a $17.00 target price on the semiconductor company’s stock. Stifel Nicolaus’ price target would indicate a potential downside of 1.16% from the company’s current price.

A number of other equities research analysts have also recently commented on VSH. BidaskClub cut Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $20.00 target price on the stock in a report on Friday, July 14th. Finally, ValuEngine upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Vishay Intertechnology has an average rating of “Buy” and an average target price of $18.50.

Shares of Vishay Intertechnology (VSH) traded up 0.727% during trading on Monday, reaching $17.325. The company had a trading volume of 211,402 shares. Vishay Intertechnology has a 12 month low of $13.37 and a 12 month high of $18.55. The firm’s 50 day moving average price is $17.34 and its 200 day moving average price is $16.59. The firm has a market capitalization of $2.53 billion, a P/E ratio of 32.875 and a beta of 1.22.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.02. The business had revenue of $644.89 million for the quarter, compared to analysts’ expectations of $643.19 million. Vishay Intertechnology had a return on equity of 9.89% and a net margin of 3.34%. The company’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.23 EPS. Equities analysts predict that Vishay Intertechnology will post $1.34 EPS for the current year.

Vishay Intertechnology declared that its Board of Directors has authorized a share repurchase program on Wednesday, August 2nd that allows the company to buyback $150.00 million in outstanding shares. This buyback authorization allows the semiconductor company to buy up to 5.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

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Several hedge funds and other institutional investors have recently modified their holdings of VSH. Glen Harbor Capital Management LLC raised its position in shares of Vishay Intertechnology by 7.4% in the first quarter. Glen Harbor Capital Management LLC now owns 6,050 shares of the semiconductor company’s stock worth $100,000 after buying an additional 418 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Vishay Intertechnology by 83.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,200 shares of the semiconductor company’s stock worth $102,000 after buying an additional 2,827 shares in the last quarter. Elkfork Partners LLC raised its position in shares of Vishay Intertechnology by 7.4% in the first quarter. Elkfork Partners LLC now owns 7,700 shares of the semiconductor company’s stock worth $127,000 after buying an additional 532 shares in the last quarter. Riverhead Capital Management LLC raised its position in shares of Vishay Intertechnology by 65.1% in the second quarter. Riverhead Capital Management LLC now owns 8,090 shares of the semiconductor company’s stock worth $134,000 after buying an additional 3,190 shares in the last quarter. Finally, US Bancorp DE raised its position in shares of Vishay Intertechnology by 0.5% in the first quarter. US Bancorp DE now owns 8,759 shares of the semiconductor company’s stock worth $144,000 after buying an additional 45 shares in the last quarter.

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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