JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Vishay Intertechnology (NYSE:VSH) Stock

Vishay Intertechnology (NYSE:VSH) had its price objective lifted by equities research analysts at JPMorgan Chase & Co. from $14.00 to $20.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the semiconductor company’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 0.15% from the company’s previous close.

Several other brokerages have also weighed in on VSH. Weiss Ratings restated a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. Bank of America upped their price target on Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a report on Thursday, January 22nd. Two analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $18.00.

Vishay Intertechnology Price Performance

Vishay Intertechnology stock opened at $19.97 on Thursday. The company has a market cap of $2.71 billion, a P/E ratio of -285.24 and a beta of 1.14. Vishay Intertechnology has a one year low of $10.35 and a one year high of $22.00. The business has a fifty day moving average of $16.58 and a two-hundred day moving average of $15.78. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.60 and a current ratio of 2.62.

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

Institutional Investors Weigh In On Vishay Intertechnology

Large investors have recently bought and sold shares of the stock. Allianz Asset Management GmbH increased its position in Vishay Intertechnology by 32.8% during the second quarter. Allianz Asset Management GmbH now owns 1,172,466 shares of the semiconductor company’s stock worth $18,619,000 after purchasing an additional 289,334 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Vishay Intertechnology by 25.6% in the 3rd quarter. State of Alaska Department of Revenue now owns 247,392 shares of the semiconductor company’s stock valued at $3,784,000 after purchasing an additional 50,467 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Vishay Intertechnology during the 3rd quarter valued at $1,911,000. Live Oak Private Wealth LLC increased its holdings in shares of Vishay Intertechnology by 45.7% during the 3rd quarter. Live Oak Private Wealth LLC now owns 442,758 shares of the semiconductor company’s stock worth $6,774,000 after buying an additional 138,965 shares during the last quarter. Finally, Atria Investments Inc increased its holdings in shares of Vishay Intertechnology by 21.0% during the 2nd quarter. Atria Investments Inc now owns 25,478 shares of the semiconductor company’s stock worth $405,000 after buying an additional 4,423 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

About Vishay Intertechnology

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.