Vishay Intertechnology, Inc. (NYSE:VSH) Receives Average Recommendation of “Hold” from Analysts

Shares of Vishay Intertechnology, Inc. (NYSE:VSH) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $33.25.

VSH has been the topic of a number of recent analyst reports. Needham & Company LLC started coverage on Vishay Intertechnology in a report on Tuesday, August 4th. They set a “buy” rating and a $45.00 target price on the stock. Bank of America raised their price target on Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a report on Thursday, May 14th. Zacks Research downgraded shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Wall Street Zen raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Raymond James Financial began coverage on shares of Vishay Intertechnology in a research note on Tuesday, August 4th. They set an “outperform” rating and a $40.00 target price for the company.

Institutional Investors Weigh In On Vishay Intertechnology

A number of institutional investors have recently made changes to their positions in VSH. Rockefeller Capital Management L.P. increased its stake in shares of Vishay Intertechnology by 212.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 1,402 shares during the period. Carolina Wealth Advisors LLC bought a new stake in Vishay Intertechnology in the 2nd quarter valued at $32,000. Quarry LP bought a new stake in Vishay Intertechnology in the 3rd quarter valued at $39,000. Rakuten Securities Inc. acquired a new position in Vishay Intertechnology in the 2nd quarter valued at $47,000. Finally, Allworth Financial LP acquired a new position in Vishay Intertechnology in the 2nd quarter valued at $54,000. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Trading Down 0.2%

Shares of NYSE:VSH opened at $30.50 on Monday. Vishay Intertechnology has a 52-week low of $11.77 and a 52-week high of $69.47. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.27 and a current ratio of 1.80. The company has a market capitalization of $4.68 billion, a P/E ratio of 160.53 and a beta of 1.81. The company has a 50-day simple moving average of $39.84 and a 200 day simple moving average of $34.16.

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

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, September 10th. Vishay Intertechnology’s dividend payout ratio is currently 210.53%.

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.