Vishay Intertechnology, Inc. (NYSE:VSH) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Vishay Intertechnology, Inc. (NYSE:VSH) have been assigned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, four have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $36.67.

A number of brokerages have recently issued reports on VSH. Oppenheimer increased their target price on Vishay Intertechnology from $42.00 to $45.00 and gave the stock an “outperform” rating in a report on Thursday, October 8th. Needham & Company LLC started coverage on Vishay Intertechnology in a research note on Tuesday, August 4th. They issued a “buy” rating and a $45.00 price target on the stock. Weiss Ratings cut Vishay Intertechnology from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, September 25th. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. Finally, Raymond James Financial began coverage on Vishay Intertechnology in a research note on Tuesday, August 4th. They set an “outperform” rating and a $40.00 price objective for the company.

Vishay Intertechnology Stock Performance

NYSE VSH opened at $26.67 on Tuesday. Vishay Intertechnology has a twelve month low of $11.77 and a twelve month high of $69.47. The company has a quick ratio of 1.27, a current ratio of 1.80 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.09 billion, a P/E ratio of 140.39, a PEG ratio of 3.15 and a beta of 1.79. The company’s 50-day simple moving average is $31.74 and its 200 day simple moving average is $31.74.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. The firm had revenue of $918.58 million during the quarter, compared to analysts’ expectations of $897.03 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The company’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter last year, the company earned ($0.07) earnings per share. As a group, research analysts forecast that Vishay Intertechnology will post 0.85 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th were issued a $0.10 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $0.40 annualized dividend and a dividend yield of 1.5%. Vishay Intertechnology’s dividend payout ratio is presently 210.53%.

Insider Buying and Selling at Vishay Intertechnology

In related news, Director Raanan Zilberman sold 16,575 shares of the stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $35.82, for a total transaction of $593,716.50. Following the completion of the sale, the director owned 31,937 shares in the company, valued at $1,143,983.34. This trade represents a 34.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 8.35% of the company’s stock.

Hedge Funds Weigh In On Vishay Intertechnology

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VSH. Carolina Wealth Advisors LLC bought a new stake in Vishay Intertechnology during the second quarter worth about $32,000. Root Financial Partners LLC bought a new position in shares of Vishay Intertechnology in the third quarter valued at approximately $26,000. Rakuten Securities Inc. bought a new position in shares of Vishay Intertechnology in the second quarter valued at approximately $47,000. Integrated Wealth Concepts LLC acquired a new position in shares of Vishay Intertechnology in the 2nd quarter worth approximately $49,000. Finally, Allworth Financial LP acquired a new position in shares of Vishay Intertechnology in the 2nd quarter worth approximately $54,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of electronic components used in industrial, automotive, computing, telecommunications, consumer electronics, aerospace and defense, and medical applications. The company’s portfolio includes passive components and semiconductor products that support power management, signal processing, sensing, connectivity and energy conversion.

Its products include resistors, capacitors, inductors, diodes, rectifiers, power MOSFETs, optoelectronic components, sensors, transducers and related power and circuit-protection devices.