Analysts Set Vishay Intertechnology, Inc. (NYSE:VSH) PT at $18.00

Shares of Vishay Intertechnology, Inc. (NYSE:VSH) have been assigned an average rating of “Reduce” from the five ratings firms that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $18.00.

A number of research firms recently commented on VSH. JPMorgan Chase & Co. boosted their price objective on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a research note on Wednesday, January 21st. Zacks Research cut Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th. Bank of America raised their price objective on Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a research note on Thursday, January 22nd. Finally, Argus raised Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th.

Vishay Intertechnology Price Performance

Shares of NYSE VSH opened at $18.56 on Thursday. The firm has a 50-day simple moving average of $18.57 and a 200-day simple moving average of $16.56. Vishay Intertechnology has a 52 week low of $10.35 and a 52 week high of $22.00. The company has a quick ratio of 1.57, a current ratio of 2.62 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $2.52 billion, a price-to-earnings ratio of -265.10 and a beta of 1.13.

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

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Thursday, March 12th. Vishay Intertechnology’s payout ratio is -571.43%.

Hedge Funds Weigh In On Vishay Intertechnology

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. lifted its position in Vishay Intertechnology by 212.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 1,402 shares in the last quarter. T. Rowe Price Investment Management Inc. acquired a new position in Vishay Intertechnology in the 4th quarter worth $25,009,000. Invesco Ltd. boosted its position in Vishay Intertechnology by 56.3% in the 4th quarter. Invesco Ltd. now owns 1,019,664 shares of the semiconductor company’s stock valued at $14,775,000 after buying an additional 367,210 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Vishay Intertechnology during the fourth quarter valued at about $57,000. Finally, XTX Topco Ltd increased its position in shares of Vishay Intertechnology by 88.7% during the fourth quarter. XTX Topco Ltd now owns 169,822 shares of the semiconductor company’s stock worth $2,461,000 after acquiring an additional 79,821 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

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.