Wall Street brokerages expect that Vishay Intertechnology (NYSE:VSH) will post sales of $718.80 million for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Vishay Intertechnology’s earnings, with the highest sales estimate coming in at $720.00 million and the lowest estimate coming in at $717.60 million. Vishay Intertechnology posted sales of $761.03 million during the same quarter last year, which would suggest a negative year over year growth rate of 5.5%. The business is scheduled to report its next quarterly earnings results before the market opens on Tuesday, July 30th.
According to Zacks, analysts expect that Vishay Intertechnology will report full year sales of $2.84 billion for the current year, with estimates ranging from $2.83 billion to $2.85 billion. For the next financial year, analysts expect that the business will report sales of $2.88 billion, with estimates ranging from $2.87 billion to $2.89 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Thursday, May 9th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.01. The company had revenue of $745.16 million during the quarter, compared to the consensus estimate of $754.26 million. Vishay Intertechnology had a return on equity of 23.80% and a net margin of 11.72%. The firm’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.40 EPS.
Several analysts recently weighed in on the company. ValuEngine downgraded Zumiez from a “hold” rating to a “sell” rating in a research note on Monday, May 13th. Zacks Investment Research upgraded Vistra Energy from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a research note on Saturday. Finally, Cowen assumed coverage on Littelfuse in a research note on Tuesday, May 21st. They set an “outperform” rating and a $210.00 target price for the company. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $22.20.
Hedge funds have recently made changes to their positions in the business. Texas Permanent School Fund lifted its position in shares of Vishay Intertechnology by 3.8% in the 1st quarter. Texas Permanent School Fund now owns 89,776 shares of the semiconductor company’s stock worth $1,658,000 after acquiring an additional 3,320 shares during the period. Jane Street Group LLC raised its holdings in shares of Vishay Intertechnology by 139.4% in the 4th quarter. Jane Street Group LLC now owns 63,740 shares of the semiconductor company’s stock worth $1,148,000 after buying an additional 37,117 shares in the last quarter. Strs Ohio raised its holdings in shares of Vishay Intertechnology by 8.2% in the 1st quarter. Strs Ohio now owns 9,200 shares of the semiconductor company’s stock worth $169,000 after buying an additional 700 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Vishay Intertechnology by 26.6% in the 4th quarter. Bank of America Corp DE now owns 1,242,310 shares of the semiconductor company’s stock worth $22,374,000 after buying an additional 261,277 shares in the last quarter. Finally, First Hawaiian Bank raised its holdings in shares of Vishay Intertechnology by 15.3% in the 1st quarter. First Hawaiian Bank now owns 23,208 shares of the semiconductor company’s stock worth $429,000 after buying an additional 3,078 shares in the last quarter. Institutional investors own 90.84% of the company’s stock.
VSH opened at $16.00 on Tuesday. The company has a market cap of $2.28 billion, a P/E ratio of 7.55, a PEG ratio of 1.22 and a beta of 1.54. The business’s 50-day moving average is $15.86. Vishay Intertechnology has a 52-week low of $15.06 and a 52-week high of $26.50. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.25 and a current ratio of 3.09.
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, June 13th were paid a dividend of $0.095 per share. This is an increase from Vishay Intertechnology’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, June 12th. This represents a $0.38 annualized dividend and a yield of 2.38%. Vishay Intertechnology’s dividend payout ratio is presently 17.92%.
About Vishay Intertechnology
Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.
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