Vishay Intertechnology (NYSE:VSH) Research Coverage Started at Needham & Company LLC

Needham & Company LLC started coverage on shares of Vishay Intertechnology (NYSE:VSH) in a report released on Tuesday, Marketbeat Ratings reports. The firm issued a buy rating and a $45.00 price target on the semiconductor company’s stock.

A number of other research analysts also recently issued reports on VSH. Wall Street Zen downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Zacks Research cut Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Raymond James Financial assumed coverage on Vishay Intertechnology in a report on Tuesday. They issued an “outperform” rating and a $40.00 price objective for the company. Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. Finally, Bank of America lifted their target price on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Vishay Intertechnology presently has a consensus rating of “Hold” and a consensus target price of $33.25.

Vishay Intertechnology Stock Performance

Shares of VSH stock opened at $32.81 on Tuesday. The stock’s 50-day moving average is $48.54 and its two-hundred day moving average is $32.65. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.53 and a current ratio of 1.80. Vishay Intertechnology has a 1 year low of $11.77 and a 1 year high of $69.47. The firm has a market cap of $4.47 billion, a price-to-earnings ratio of 172.69 and a beta of 1.81.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.04. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%.The business had revenue of $918.58 million during the quarter, compared to the consensus estimate of $897.03 million. During the same period in the previous year, the business earned ($0.07) EPS. The business’s quarterly revenue was up 16.6% on a year-over-year basis. Analysts predict that Vishay Intertechnology will post 0.75 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 18th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.2%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 4,000.00%.

Institutional Trading of Vishay Intertechnology

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. grew its position in Vishay Intertechnology by 212.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 1,402 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new position in Vishay Intertechnology during the 2nd quarter worth $32,000. Quarry LP acquired a new stake in shares of Vishay Intertechnology in the 3rd quarter worth $39,000. Empowered Funds LLC acquired a new stake in shares of Vishay Intertechnology in the 4th quarter worth $57,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of Vishay Intertechnology by 255.8% in the 4th quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock worth $74,000 after acquiring an additional 3,684 shares during the period. 93.66% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Vishay Intertechnology

Here are the key news stories impacting Vishay Intertechnology this week:

• Positive Sentiment: Vishay reported second-quarter adjusted earnings of $0.19 per share, above the $0.15 consensus estimate, while revenue rose 16.6% year over year to approximately $918.6 million. Higher volumes, pricing and operating leverage supported the earnings beat. VSH Q2 Earnings Beat on Volume Growth, Revenues Rise Year over Year
• Positive Sentiment: Management described an early industry upcycle, with broad-based demand improvement across industrial, automotive, artificial intelligence, aerospace and defense markets. Bookings increased, customer activity expanded and backlog climbed 18% to roughly $1.9 billion, with a 1.32 book-to-bill ratio. VSH Q2 Earnings Call Highlights Early Upcycle and Margin Lift
• Positive Sentiment: Third-quarter revenue guidance of $945 million to $975 million exceeded the roughly $925.6 million analyst consensus, suggesting continued momentum and potential margin improvement.
• Neutral Sentiment: Needham & Company and Raymond James initiated coverage on VSH. The new research coverage could increase investor attention, although the provided reports did not include ratings or price targets. Needham Initiates Coverage
• Negative Sentiment: The quarter’s revenue was described as missing some sales targets, and investors may be focused on Vishay’s still-thin profitability. Net margin was only 0.07%, despite the year-over-year recovery to positive earnings.
• Negative Sentiment: Vishay’s recent equity offering added approximately 17.25 million shares, raising dilution concerns. Heavy capacity investments also contributed to negative year-to-date free cash flow, potentially offsetting optimism about the upcycle.

Vishay Intertechnology Company Profile

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.