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

Vishay Intertechnology, Inc. (NYSE:VSH) has been given an average rating of “Moderate Buy” by the five research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $24.00.

A number of analysts have recently issued reports on VSH shares. Wall Street Zen downgraded shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. 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, Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $63.60 on Tuesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 2.64. Vishay Intertechnology has a twelve month low of $11.77 and a twelve month high of $66.65. The firm’s 50 day moving average price is $38.30 and its two-hundred day moving average price is $24.63. The firm has a market cap of $8.66 billion, a P/E ratio of 6,359.50 and a beta of 1.76.

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

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Thursday, June 18th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Thursday, June 18th. Vishay Intertechnology’s payout ratio is presently 4,000.00%.

Institutional Investors Weigh In On Vishay Intertechnology

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Vishay Intertechnology by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 16,617,109 shares of the semiconductor company’s stock valued at $254,242,000 after purchasing an additional 375,378 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Vishay Intertechnology by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,102,376 shares of the semiconductor company’s stock valued at $127,830,000 after purchasing an additional 208,472 shares during the period. Woodline Partners LP raised its holdings in shares of Vishay Intertechnology by 25.3% in the 3rd quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock valued at $104,251,000 after purchasing an additional 1,377,356 shares during the period. American Century Companies Inc. raised its holdings in shares of Vishay Intertechnology by 0.9% in the 3rd quarter. American Century Companies Inc. now owns 4,180,606 shares of the semiconductor company’s stock valued at $63,963,000 after purchasing an additional 36,791 shares during the period. Finally, Deprince Race & Zollo Inc. raised its holdings in shares of Vishay Intertechnology by 8.4% in the 1st quarter. Deprince Race & Zollo Inc. now owns 3,181,050 shares of the semiconductor company’s stock valued at $57,259,000 after purchasing an additional 247,060 shares during the period. 93.66% of the stock is owned by 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.