Vishay Intertechnology, Inc. (NYSE:VSH) Receives Average Recommendation of “Reduce” from Analysts

Vishay Intertechnology, Inc. (NYSE:VSH) has been assigned a consensus rating of “Reduce” from the five research firms that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $18.00.

Several equities analysts recently commented on VSH shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a research note on Wednesday, January 21st. JPMorgan Chase & Co. upped their price objective on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Zacks Research cut shares of Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. Bank of America boosted their target price on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a report on Thursday, January 22nd. Finally, Argus raised shares of Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th.

Institutional Trading of Vishay Intertechnology

A number of institutional investors and hedge funds have recently bought and sold shares of VSH. First Trust Advisors LP lifted its position in Vishay Intertechnology by 19.3% during the fourth quarter. First Trust Advisors LP now owns 252,083 shares of the semiconductor company’s stock valued at $3,653,000 after buying an additional 40,831 shares in the last quarter. Alyeska Investment Group L.P. lifted its holdings in shares of Vishay Intertechnology by 112.5% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,065,713 shares of the semiconductor company’s stock valued at $15,442,000 after acquiring an additional 564,269 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in Vishay Intertechnology during the 4th quarter worth $482,000. DRW Securities LLC acquired a new stake in Vishay Intertechnology in the 4th quarter valued at $246,000. Finally, EntryPoint Capital LLC acquired a new stake in Vishay Intertechnology in the 4th quarter valued at $355,000. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $18.89 on Wednesday. Vishay Intertechnology has a 12-month low of $10.35 and a 12-month high of $22.00. The stock has a market cap of $2.56 billion, a P/E ratio of -269.75 and a beta of 1.14. The company has a current ratio of 2.62, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46. The company has a 50-day moving average of $17.07 and a two-hundred day moving average of $15.84.

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

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, March 12th. This represents a $0.40 annualized dividend and a yield of 2.1%. Vishay Intertechnology’s dividend payout ratio is currently -571.43%.

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.