Vishay Intertechnology (NYSE:VSH) Reaches New 1-Year High – What’s Next?

Vishay Intertechnology, Inc. (NYSE:VSH) reached a new 52-week high during trading on Wednesday . The stock traded as high as $21.19 and last traded at $20.7240, with a volume of 3636238 shares changing hands. The stock had previously closed at $20.67.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on VSH shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. Bank of America lifted their price objective on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday. Two investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $18.00.

Vishay Intertechnology Stock Up 1.6%

The stock has a fifty day moving average of $16.46 and a 200 day moving average of $15.76. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.62 and a quick ratio of 1.60. The firm has a market capitalization of $2.71 billion, a P/E ratio of -285.24 and a beta of 1.14.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). The business had revenue of $800.92 million during the quarter, compared to the consensus estimate of $790.47 million. Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The business’s revenue was up 12.1% on a year-over-year basis. On average, research analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Wednesday, December 3rd were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Wednesday, December 3rd. Vishay Intertechnology’s payout ratio is presently -571.43%.

Institutional Investors Weigh In On Vishay Intertechnology

Several large investors have recently modified their holdings of VSH. Jones Financial Companies Lllp lifted its stake in Vishay Intertechnology by 709.5% in the third quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 1,575 shares during the last quarter. Quarry LP purchased a new position in shares of Vishay Intertechnology during the 3rd quarter valued at $39,000. Mitsubishi UFJ Trust & Banking Corp bought a new position in shares of Vishay Intertechnology during the 4th quarter worth $87,000. CWM LLC increased its holdings in Vishay Intertechnology by 63.4% in the 2nd quarter. CWM LLC now owns 5,674 shares of the semiconductor company’s stock worth $90,000 after acquiring an additional 2,201 shares during the last quarter. Finally, AlphaQuest LLC raised its stake in Vishay Intertechnology by 135.6% in the 2nd quarter. AlphaQuest LLC now owns 5,789 shares of the semiconductor company’s stock valued at $92,000 after acquiring an additional 3,332 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.