Vishay Intertechnology (VSH) Expected to Announce Quarterly Sales of $665.00 Million
Equities analysts expect that Vishay Intertechnology (NYSE:VSH) will report $665.00 million in sales for the current quarter, Zacks reports. Two analysts have issued estimates for Vishay Intertechnology’s earnings. Vishay Intertechnology posted sales of $570.82 million during the same quarter last year, which suggests a positive year over year growth rate of 16.5%. The business is scheduled to issue its next earnings results on Tuesday, February 6th.
According to Zacks, analysts expect that Vishay Intertechnology will report full-year sales of $665.00 million for the current fiscal year. For the next financial year, analysts expect that the firm will report sales of $2.75 billion per share. Zacks’ sales averages are an average based on a survey of analysts that follow Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.42 EPS for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.05. The business had revenue of $677.90 million during the quarter, compared to analyst estimates of $660.32 million. Vishay Intertechnology had a net margin of 4.34% and a return on equity of 11.77%. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.25 earnings per share.
Vishay Intertechnology (VSH) opened at $21.25 on Wednesday. The company has a market cap of $3,060.00, a PE ratio of 31.25, a PEG ratio of 0.68 and a beta of 1.20. The company has a current ratio of 4.33, a quick ratio of 3.44 and a debt-to-equity ratio of 0.38. Vishay Intertechnology has a 52-week low of $15.35 and a 52-week high of $23.45.
The firm also recently declared a quarterly dividend, which was paid on Thursday, December 21st. Investors of record on Thursday, December 7th were given a $0.0675 dividend. This represents a $0.27 annualized dividend and a yield of 1.27%. The ex-dividend date was Wednesday, December 6th. This is a positive change from Vishay Intertechnology’s previous quarterly dividend of $0.06. Vishay Intertechnology’s dividend payout ratio is 39.71%.
In related news, CEO Gerald Paul sold 50,000 shares of the stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $21.37, for a total value of $1,068,500.00. Following the completion of the transaction, the chief executive officer now owns 162,986 shares of the company’s stock, valued at $3,483,010.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Abraham Ludomirski sold 20,000 shares of the stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $21.79, for a total transaction of $435,800.00. Following the completion of the transaction, the director now directly owns 86,232 shares of the company’s stock, valued at approximately $1,878,995.28. The disclosure for this sale can be found here. Corporate insiders own 7.91% of the company’s stock.
Large investors have recently bought and sold shares of the stock. Schroder Investment Management Group grew its stake in Vishay Intertechnology by 11.5% during the third quarter. Schroder Investment Management Group now owns 7,205,858 shares of the semiconductor company’s stock worth $134,750,000 after buying an additional 744,701 shares during the last quarter. Royce & Associates LP grew its stake in Vishay Intertechnology by 6.8% during the third quarter. Royce & Associates LP now owns 6,818,471 shares of the semiconductor company’s stock worth $128,187,000 after buying an additional 435,749 shares during the last quarter. Fisher Asset Management LLC grew its stake in Vishay Intertechnology by 3.5% during the third quarter. Fisher Asset Management LLC now owns 4,987,610 shares of the semiconductor company’s stock worth $93,767,000 after buying an additional 166,653 shares during the last quarter. State Street Corp grew its stake in Vishay Intertechnology by 6.5% during the second quarter. State Street Corp now owns 4,824,475 shares of the semiconductor company’s stock worth $80,084,000 after buying an additional 295,455 shares during the last quarter. Finally, Macquarie Group Ltd. grew its stake in Vishay Intertechnology by 2.0% during the second quarter. Macquarie Group Ltd. now owns 4,005,711 shares of the semiconductor company’s stock worth $66,495,000 after buying an additional 79,781 shares during the last quarter.
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About Vishay Intertechnology
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.
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