Vishay Intertechnology (NYSE:VSH) Shares Gap Down – Should You Sell?

Vishay Intertechnology, Inc. (NYSE:VSH) gapped down prior to trading on Thursday . The stock had previously closed at $63.97, but opened at $59.50. Vishay Intertechnology shares last traded at $59.5870, with a volume of 2,263,353 shares.

Wall Street Analyst Weigh In

VSH has been the subject of a number of recent analyst reports. 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. Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Wall Street Zen raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Bank of America lifted their price objective 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. Finally, Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $24.00.

Vishay Intertechnology Stock Performance

The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53. The company has a market capitalization of $8.80 billion, a PE ratio of 6,464.40 and a beta of 1.76. The firm’s fifty day simple moving average is $31.68 and its 200 day simple moving average is $22.01.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The company had revenue of $839.24 million for the quarter, compared to analyst estimates of $823.54 million. During the same period in the prior year, the company earned ($0.03) earnings per share. The firm’s revenue was up 17.3% on a year-over-year basis. On average, research analysts predict that Vishay Intertechnology, Inc. will post 0.75 EPS for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Thursday, June 18th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 4,000.00%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in VSH. Jones Financial Companies Lllp grew its holdings in shares of Vishay Intertechnology by 709.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 1,575 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of 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 worth $30,000 after acquiring an additional 1,402 shares during the period. Quarry LP acquired a new stake in shares of Vishay Intertechnology in the 3rd quarter worth approximately $39,000. Empowered Funds LLC acquired a new stake in shares of Vishay Intertechnology in the 4th quarter worth approximately $57,000. Finally, Hantz Financial Services Inc. grew its holdings 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.

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.