Equities research analysts predict that Vishay Intertechnology (NYSE:VSH) will post sales of $750.00 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Vishay Intertechnology’s earnings. Vishay Intertechnology reported sales of $716.80 million in the same quarter last year, which indicates a positive year over year growth rate of 4.6%. The business is expected to announce its next earnings report on Tuesday, May 14th.
On average, analysts expect that Vishay Intertechnology will report full year sales of $3.05 billion for the current year, with estimates ranging from $3.04 billion to $3.06 billion. For the next fiscal year, analysts anticipate that the business will post sales of $3.11 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that follow Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Tuesday, February 5th. The semiconductor company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.07. The company had revenue of $775.90 million for the quarter, compared to analyst estimates of $761.79 million. Vishay Intertechnology had a return on equity of 22.78% and a net margin of 11.39%. The firm’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 EPS.
A number of analysts have issued reports on the company. ValuEngine raised Vishay Intertechnology from a “strong sell” rating to a “sell” rating in a research note on Tuesday, November 27th. Zacks Investment Research downgraded Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research note on Saturday. Finally, Bank of America downgraded Vishay Intertechnology from a “buy” rating to a “neutral” rating and set a $23.00 target price for the company. in a research note on Wednesday, February 6th. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. Vishay Intertechnology presently has an average rating of “Hold” and an average price target of $24.75.
Shares of VSH traded down $0.05 during midday trading on Wednesday, reaching $21.69. The company had a trading volume of 999,018 shares, compared to its average volume of 1,381,168. Vishay Intertechnology has a 1-year low of $16.63 and a 1-year high of $26.50. The company has a market capitalization of $3.13 billion, a PE ratio of 10.23, a price-to-earnings-growth ratio of 1.10 and a beta of 1.39. The company has a quick ratio of 2.02, a current ratio of 2.77 and a debt-to-equity ratio of 0.36.
In related news, Director Ziv Shoshani sold 3,520 shares of the business’s stock in a transaction that occurred on Wednesday, December 12th. The stock was sold at an average price of $20.23, for a total transaction of $71,209.60. Following the completion of the sale, the director now owns 62,868 shares in the company, valued at $1,271,819.64. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Thomas C. Wertheimer sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, December 10th. The shares were sold at an average price of $19.70, for a total value of $295,500.00. Following the completion of the sale, the director now owns 65,584 shares of the company’s stock, valued at approximately $1,292,004.80. The disclosure for this sale can be found here. 8.07% of the stock is currently owned by company insiders.
A number of hedge funds have recently made changes to their positions in VSH. LPL Financial LLC lifted its position in Vishay Intertechnology by 6.0% during the fourth quarter. LPL Financial LLC now owns 13,013 shares of the semiconductor company’s stock worth $234,000 after buying an additional 735 shares during the period. Alpha Windward LLC grew its stake in shares of Vishay Intertechnology by 4.0% in the fourth quarter. Alpha Windward LLC now owns 24,780 shares of the semiconductor company’s stock valued at $446,000 after buying an additional 960 shares in the last quarter. Arizona State Retirement System grew its stake in Vishay Intertechnology by 1.1% during the 4th quarter. Arizona State Retirement System now owns 94,826 shares of the semiconductor company’s stock valued at $1,708,000 after purchasing an additional 1,016 shares in the last quarter. Comerica Bank grew its stake in Vishay Intertechnology by 1.4% during the 4th quarter. Comerica Bank now owns 85,247 shares of the semiconductor company’s stock valued at $1,610,000 after purchasing an additional 1,190 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in Vishay Intertechnology by 17.3% during the 4th quarter. SG Americas Securities LLC now owns 10,506 shares of the semiconductor company’s stock worth $189,000 after buying an additional 1,553 shares during the last quarter. 98.83% of the stock is currently owned by hedge funds and other institutional investors.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.
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