Brokerages Expect Vishay Intertechnology, Inc. (VSH) Will Announce Earnings of $0.32 Per Share
Equities analysts expect that Vishay Intertechnology, Inc. (NYSE:VSH) will post $0.32 earnings per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Vishay Intertechnology’s earnings. Vishay Intertechnology posted earnings per share of $0.23 in the same quarter last year, which suggests a positive year over year growth rate of 39.1%. The company is expected to issue its next quarterly earnings results before the market opens on Thursday, August 3rd.
According to Zacks, analysts expect that Vishay Intertechnology will report full-year earnings of $1.18 per share for the current fiscal year, with EPS estimates ranging from $1.14 to $1.21. For the next fiscal year, analysts anticipate that the business will post earnings of $1.25 per share, with EPS estimates ranging from $1.17 to $1.31. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Wednesday, May 3rd. The semiconductor company reported $0.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.05. The firm had revenue of $606 million during the quarter, compared to analysts’ expectations of $598.72 million. Vishay Intertechnology had a net margin of 2.44% and a return on equity of 8.68%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company posted $0.19 EPS.
Several equities analysts recently commented on VSH shares. Zacks Investment Research raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research report on Friday, April 14th. ValuEngine raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, BidaskClub lowered shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $16.50.
Vishay Intertechnology (NYSE:VSH) traded down 0.90% during trading on Monday, hitting $16.50. 899,823 shares of the company were exchanged. The company has a 50-day moving average of $16.59 and a 200-day moving average of $16.35. Vishay Intertechnology has a 12 month low of $11.68 and a 12 month high of $17.60. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 43.19 and a beta of 1.21.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 29th. Stockholders of record on Thursday, June 15th were given a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 1.52%. The ex-dividend date was Tuesday, June 13th. Vishay Intertechnology’s payout ratio is currently 67.57%.
In other news, insider Gerald Paul sold 77,334 shares of the stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $16.56, for a total value of $1,280,651.04. Following the completion of the sale, the insider now owns 340,320 shares of the company’s stock, valued at $5,635,699.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 7.91% of the stock is owned by corporate insiders.
Several large investors have recently added to or reduced their stakes in VSH. Elkfork Partners LLC raised its stake in Vishay Intertechnology by 7.4% in the first quarter. Elkfork Partners LLC now owns 7,700 shares of the semiconductor company’s stock valued at $127,000 after buying an additional 532 shares during the last quarter. Camarda Financial Advisors LLC acquired a new stake in Vishay Intertechnology during the first quarter valued at about $1,657,000. Acadian Asset Management LLC acquired a new stake in Vishay Intertechnology during the first quarter valued at about $3,405,000. Camelot Portfolios LLC acquired a new stake in Vishay Intertechnology during the first quarter valued at about $303,000. Finally, Virginia Retirement Systems ET AL raised its stake in Vishay Intertechnology by 259.6% in the first quarter. Virginia Retirement Systems ET AL now owns 139,900 shares of the semiconductor company’s stock valued at $2,301,000 after buying an additional 101,000 shares during the last quarter.
About Vishay Intertechnology
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.
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