Vishay Intertechnology (NYSE:VSH) Reaches New 1-Year High – Should You Buy?

Vishay Intertechnology, Inc. (NYSE:VSH) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $66.65 and last traded at $58.6120, with a volume of 18782338 shares trading hands. The stock had previously closed at $57.22.

Wall Street Analyst Weigh In

VSH has been the subject of several recent research reports. Wall Street Zen cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday. Bank of America increased their price objective 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. Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. 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. According to MarketBeat, Vishay Intertechnology has an average rating of “Moderate Buy” and a consensus price target of $24.00.

Vishay Intertechnology Stock Performance

The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53. The company’s 50-day moving average price is $35.00 and its two-hundred day moving average price is $23.32. The company has a market capitalization of $7.98 billion, a price-to-earnings ratio of 5,861.20 and a beta of 1.76.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The company had revenue of $839.24 million during the quarter, compared to analysts’ expectations of $823.54 million. During the same period in the prior year, the company posted ($0.03) earnings per share. Vishay Intertechnology’s revenue for the quarter was up 17.3% compared to the same quarter last year. On average, equities research analysts anticipate that Vishay Intertechnology, Inc. will post 0.75 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Thursday, June 18th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 4,000.00%.

Institutional Investors Weigh In On Vishay Intertechnology

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Vishay Intertechnology by 2.3% in the third quarter. Vanguard Group Inc. now owns 16,617,109 shares of the semiconductor company’s stock worth $254,242,000 after purchasing an additional 375,378 shares during the period. Dimensional Fund Advisors LP grew its holdings in Vishay Intertechnology by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 7,102,376 shares of the semiconductor company’s stock worth $127,830,000 after purchasing an additional 208,472 shares during the period. Woodline Partners LP grew its holdings in Vishay Intertechnology by 25.3% in the third quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock worth $104,251,000 after purchasing an additional 1,377,356 shares during the period. American Century Companies Inc. grew its holdings in Vishay Intertechnology by 0.9% in the third quarter. American Century Companies Inc. now owns 4,180,606 shares of the semiconductor company’s stock worth $63,963,000 after purchasing an additional 36,791 shares during the period. Finally, Deprince Race & Zollo Inc. grew its holdings in Vishay Intertechnology by 8.4% in the first quarter. Deprince Race & Zollo Inc. now owns 3,181,050 shares of the semiconductor company’s stock worth $57,259,000 after purchasing an additional 247,060 shares during the period. 93.66% of the stock is currently owned by institutional investors and hedge funds.

About Vishay Intertechnology

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.