Vishay Intertechnology (NYSE:VSH) Posts Earnings Results, Beats Expectations By $0.02 EPS

Vishay Intertechnology (NYSE:VSH) issued its quarterly earnings results on Wednesday. The semiconductor company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.02, Briefing.com reports. Vishay Intertechnology had a net margin of 9.52% and a return on equity of 15.72%. The company had revenue of $746.30 million for the quarter, compared to the consensus estimate of $735.96 million. During the same period in the previous year, the firm earned $0.79 EPS. The firm’s quarterly revenue was down 14.3% on a year-over-year basis. Vishay Intertechnology updated its Q2 2024 guidance to EPS.

Vishay Intertechnology Price Performance

VSH opened at $22.57 on Thursday. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of 9.77 and a beta of 1.21. The company has a quick ratio of 2.38, a current ratio of 3.32 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $22.26 and a 200-day moving average price of $22.48. Vishay Intertechnology has a twelve month low of $20.83 and a twelve month high of $30.10.

Vishay Intertechnology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 14th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend was Wednesday, March 13th. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 17.32%.

Insider Buying and Selling

In related news, Chairman Marc Zandman sold 26,154 shares of the business’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $22.83, for a total transaction of $597,095.82. Following the sale, the chairman now directly owns 73,678 shares in the company, valued at approximately $1,682,068.74. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 8.14% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, Stifel Nicolaus reissued a “buy” rating and set a $25.00 target price on shares of Vishay Intertechnology in a research report on Wednesday, April 3rd.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.