Vishay Intertechnology (NYSE:VSH) Hits New 1-Year High – Time to Buy?

Vishay Intertechnology, Inc. (NYSE:VSH) reached a new 52-week high on Wednesday . The company traded as high as $40.19 and last traded at $40.1070, with a volume of 5319640 shares trading hands. The stock had previously closed at $37.04.

Analyst Ratings Changes

A number of research firms recently weighed in on VSH. Wall Street Zen raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday. Zacks Research raised shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Weiss Ratings upgraded shares of Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. JPMorgan Chase & Co. increased their target price on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Finally, Bank of America increased their target price on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $24.00.

Vishay Intertechnology Stock Up 8.3%

The firm has a market cap of $5.45 billion, a price-to-earnings ratio of 4,010.70 and a beta of 1.53. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 2.64. The business’s 50-day moving average is $24.23 and its 200-day moving average is $19.22.

Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The business had revenue of $839.24 million during the quarter, compared to analysts’ expectations of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The firm’s revenue for the quarter was up 17.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.03) EPS. On average, equities analysts predict that Vishay Intertechnology, Inc. will post 0.64 EPS for the current year.

Vishay Intertechnology Announces Dividend

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

Institutional Investors Weigh In On Vishay Intertechnology

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Edgestream Partners L.P. increased its position in Vishay Intertechnology by 127.4% in the 1st quarter. Edgestream Partners L.P. now owns 316,191 shares of the semiconductor company’s stock valued at $5,691,000 after acquiring an additional 177,151 shares in the last quarter. California State Teachers Retirement System increased its position in Vishay Intertechnology by 21.1% in the 1st quarter. California State Teachers Retirement System now owns 131,611 shares of the semiconductor company’s stock valued at $2,369,000 after acquiring an additional 22,902 shares in the last quarter. Quantinno Capital Management LP increased its position in Vishay Intertechnology by 9.4% in the 1st quarter. Quantinno Capital Management LP now owns 73,049 shares of the semiconductor company’s stock valued at $1,315,000 after acquiring an additional 6,290 shares in the last quarter. SummitTX Capital L.P. acquired a new stake in Vishay Intertechnology in the 1st quarter valued at about $2,555,000. Finally, Dean Capital Management increased its position in Vishay Intertechnology by 317.1% in the 1st quarter. Dean Capital Management now owns 92,643 shares of the semiconductor company’s stock valued at $1,668,000 after acquiring an additional 70,432 shares in the last quarter. Institutional investors and hedge funds 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.