Vishay Intertechnology, Inc. (NYSE:VSH) Receives $24.00 Consensus Price Target from Brokerages

Vishay Intertechnology, Inc. (NYSE:VSH) has been given an average rating of “Moderate Buy” by the five brokerages that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a strong buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $24.00.

VSH has been the subject of a number of recent research reports. Weiss Ratings upgraded Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Wall Street Zen cut Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Bank of America increased their price objective 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. Finally, Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th.

Vishay Intertechnology Stock Performance

Shares of NYSE VSH opened at $41.69 on Friday. The company has a quick ratio of 1.53, a current ratio of 2.64 and a debt-to-equity ratio of 0.47. The firm’s 50-day moving average price is $49.87 and its two-hundred day moving average price is $30.19. Vishay Intertechnology has a 52-week low of $11.77 and a 52-week high of $69.47. The stock has a market capitalization of $5.67 billion, a P/E ratio of 4,168.90 and a beta of 1.76.

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

Vishay Intertechnology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 18th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio is 4,000.00%.

Institutional Trading of Vishay Intertechnology

Several hedge funds have recently added to or reduced their stakes in VSH. T. Rowe Price Investment Management Inc. acquired a new stake in Vishay Intertechnology in the 4th quarter valued at about $25,009,000. Woodline Partners LP grew its stake in shares of Vishay Intertechnology by 25.3% in the 3rd quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock worth $104,251,000 after purchasing an additional 1,377,356 shares during the last quarter. Jain Global LLC raised its holdings in shares of Vishay Intertechnology by 841.5% in the 4th quarter. Jain Global LLC now owns 910,143 shares of the semiconductor company’s stock worth $13,188,000 after purchasing an additional 813,472 shares in the last quarter. Tudor Investment Corp ET AL acquired a new position in Vishay Intertechnology in the third quarter worth approximately $12,306,000. Finally, Two Sigma Investments LP grew its position in Vishay Intertechnology by 1,440.5% in the third quarter. Two Sigma Investments LP now owns 844,508 shares of the semiconductor company’s stock worth $12,921,000 after buying an additional 789,686 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

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.