Vishay Intertechnology, Inc. (NYSE:VSH) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Vishay Intertechnology, Inc. (NYSE:VSH) have received a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $35.00.

VSH has been the topic of several research reports. Bank of America lifted their price objective on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research report on Thursday, May 14th. Zacks Research downgraded shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Truist Financial began coverage on shares of Vishay Intertechnology in a research note on Thursday. They set a “buy” rating and a $42.00 price target for the company. Wall Street Zen cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Raymond James Financial assumed coverage on Vishay Intertechnology in a research note on Tuesday, August 4th. They issued an “outperform” rating and a $40.00 price objective on the stock.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $31.86 on Monday. The stock has a 50 day moving average of $37.02 and a 200 day moving average of $34.44. The company has a market capitalization of $4.89 billion, a price-to-earnings ratio of 167.69, a PEG ratio of 3.55 and a beta of 1.80. Vishay Intertechnology has a 12 month low of $11.77 and a 12 month high of $69.47. The company has a current ratio of 1.80, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08.

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

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be paid a $0.10 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.40 annualized dividend and a dividend yield of 1.3%. Vishay Intertechnology’s payout ratio is presently 210.53%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Andar Capital Management HK Ltd purchased a new stake in Vishay Intertechnology in the 2nd quarter worth about $160,000,000. California State Teachers Retirement System boosted its position in Vishay Intertechnology by 5,625.0% during the second quarter. California State Teachers Retirement System now owns 7,534,739 shares of the semiconductor company’s stock worth $405,218,000 after purchasing an additional 7,403,128 shares during the period. Dimensional Fund Advisors LP boosted its position in Vishay Intertechnology by 3.0% during the first quarter. Dimensional Fund Advisors LP now owns 7,102,376 shares of the semiconductor company’s stock worth $127,830,000 after purchasing an additional 208,472 shares during the period. Woodline Partners LP increased its stake in shares of Vishay Intertechnology by 25.3% in the third quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock worth $104,251,000 after purchasing an additional 1,377,356 shares in the last quarter. Finally, Deprince Race & Zollo Inc. increased its stake in shares of Vishay Intertechnology by 8.4% in the first quarter. Deprince Race & Zollo Inc. now owns 3,181,050 shares of the semiconductor company’s stock worth $57,259,000 after purchasing an additional 247,060 shares in the last quarter. 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.