Vishay Intertechnology (NYSE:VSH) Reaches New 1-Year High – What’s Next?

Vishay Intertechnology, Inc. (NYSE:VSHGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $35.34 and last traded at $34.8350, with a volume of 4472979 shares. The stock had previously closed at $34.26.

More Vishay Intertechnology News

Here are the key news stories impacting Vishay Intertechnology this week:

Analyst Ratings Changes

A number of equities research analysts have commented on VSH shares. Zacks Research upgraded shares of Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. Weiss Ratings restated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. Bank of America raised their price target on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a report on Thursday, January 22nd. JPMorgan Chase & Co. raised their price target on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Finally, Argus upgraded shares of Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Vishay Intertechnology presently has an average rating of “Hold” and a consensus target price of $18.00.

Get Our Latest Stock Analysis on VSH

Vishay Intertechnology Price Performance

The stock has a market capitalization of $5.23 billion, a price-to-earnings ratio of -550.48 and a beta of 1.53. The business’s fifty day moving average price is $22.63 and its 200-day moving average price is $18.66. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.62 and a quick ratio of 1.57.

Vishay Intertechnology (NYSE:VSHGet Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The firm had revenue of $839.24 million during the quarter, compared to analysts’ expectations of $823.54 million. Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The business’s revenue was up 17.3% on a year-over-year basis. During the same period last year, the company earned ($0.03) earnings per share. On average, research analysts forecast that Vishay Intertechnology, Inc. will post 0.52 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. ProShare Advisors LLC lifted its position in shares of Vishay Intertechnology by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 23,569 shares of the semiconductor company’s stock valued at $342,000 after purchasing an additional 699 shares in the last quarter. State of Alaska Department of Revenue lifted its position in shares of Vishay Intertechnology by 0.3% during the fourth quarter. State of Alaska Department of Revenue now owns 248,135 shares of the semiconductor company’s stock valued at $3,595,000 after purchasing an additional 743 shares in the last quarter. KLP Kapitalforvaltning AS lifted its position in shares of Vishay Intertechnology by 3.8% during the third quarter. KLP Kapitalforvaltning AS now owns 22,100 shares of the semiconductor company’s stock valued at $338,000 after purchasing an additional 800 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of Vishay Intertechnology by 7.4% during the second quarter. Corient Private Wealth LLC now owns 18,598 shares of the semiconductor company’s stock valued at $295,000 after purchasing an additional 1,288 shares in the last quarter. Finally, Verdence Capital Advisors LLC lifted its position in shares of Vishay Intertechnology by 4.2% during the third quarter. Verdence Capital Advisors LLC now owns 33,040 shares of the semiconductor company’s stock valued at $506,000 after purchasing an additional 1,335 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Company Profile

(Get Free Report)

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.

Further Reading

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