Vishay Intertechnology (NYSE:VSH) Stock Price Up 8.5% – Still a Buy?

Vishay Intertechnology, Inc. (NYSE:VSH) shot up 8.5% on Monday . The stock traded as high as $50.39 and last traded at $49.8420. 952,247 shares were traded during mid-day trading, a decline of 78% from the average session volume of 4,355,388 shares. The stock had previously closed at $45.92.

Analyst Ratings Changes

Several analysts have recently issued reports on VSH shares. Weiss Ratings raised shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Bank of America upped their target price on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research note on Thursday, May 14th. Finally, Wall Street Zen lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Vishay Intertechnology has an average rating of “Moderate Buy” and an average price target of $24.00.

Vishay Intertechnology Stock Performance

The stock has a market capitalization of $6.59 billion, a PE ratio of 4,843.40 and a beta of 1.76. The company has a quick ratio of 1.53, a current ratio of 2.64 and a debt-to-equity ratio of 0.47. The stock has a fifty day moving average of $47.79 and a 200-day moving average of $28.79.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results 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. The company had revenue of $839.24 million for the quarter, compared to the consensus estimate of $823.54 million. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.Vishay Intertechnology’s revenue was up 17.3% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.03) EPS. Equities analysts anticipate that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Thursday, June 18th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio is presently 4,000.00%.

Institutional Trading of Vishay Intertechnology

Several hedge funds have recently added to or reduced their stakes in VSH. NewEdge Advisors LLC grew its holdings in Vishay Intertechnology by 11,394.9% during the 1st quarter. NewEdge Advisors LLC now owns 175,412 shares of the semiconductor company’s stock worth $3,157,000 after acquiring an additional 173,886 shares in the last quarter. Edgestream Partners L.P. raised its holdings in shares of 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 purchasing an additional 177,151 shares in the last quarter. California State Teachers Retirement System raised its holdings in shares of 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 purchasing an additional 22,902 shares in the last quarter. Quantinno Capital Management LP lifted its position in shares of Vishay Intertechnology by 9.4% during the 1st quarter. Quantinno Capital Management LP now owns 73,049 shares of the semiconductor company’s stock worth $1,315,000 after purchasing an additional 6,290 shares during the last quarter. Finally, SummitTX Capital L.P. purchased a new stake in shares of Vishay Intertechnology during the 1st quarter worth $2,555,000. Institutional investors and hedge funds own 93.66% of the company’s stock.

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.