Wall Street Zen Downgrades Vishay Intertechnology (NYSE:VSH) to Hold

Vishay Intertechnology (NYSE:VSH) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

VSH has been the subject of a number of other research reports. 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 raised their price target on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a report on Thursday, May 14th. Argus upgraded shares of Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Finally, Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $24.00.

Vishay Intertechnology Stock Down 10.0%

VSH stock opened at $57.32 on Friday. The company has a market cap of $7.80 billion, a price-to-earnings ratio of 5,732.20 and a beta of 1.76. The company has a current ratio of 2.64, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47. Vishay Intertechnology has a 12 month low of $11.77 and a 12 month high of $66.24. The firm has a 50-day moving average of $33.37 and a two-hundred day moving average of $22.61.

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

Institutional Trading of Vishay Intertechnology

Institutional investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp increased its holdings in Vishay Intertechnology by 709.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 1,575 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in Vishay Intertechnology by 212.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 1,402 shares during the last quarter. Quarry LP acquired a new stake in Vishay Intertechnology in the 3rd quarter valued at approximately $39,000. Empowered Funds LLC acquired a new stake in Vishay Intertechnology in the 4th quarter valued at approximately $57,000. Finally, Hantz Financial Services Inc. increased its holdings in Vishay Intertechnology by 255.8% in the 4th quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 3,684 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.