Vishay Intertechnology (NYSE:VSH) Upgraded at Argus

Vishay Intertechnology (NYSE:VSH) was upgraded by Argus to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Several other research analysts have also issued reports on VSH. Weiss Ratings restated a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. Bank of America boosted their price objective on Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. upped their price objective on Vishay Intertechnology from $14.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Vishay Intertechnology has an average rating of “Reduce” and a consensus target price of $18.00.

Vishay Intertechnology Stock Down 0.5%

Shares of VSH stock opened at $19.39 on Monday. The company has a current ratio of 2.62, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46. The stock has a market cap of $2.63 billion, a P/E ratio of -276.96 and a beta of 1.14. Vishay Intertechnology has a 12 month low of $10.35 and a 12 month high of $22.00. The company has a 50 day simple moving average of $16.81 and a two-hundred day simple moving average of $15.79.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). The company had revenue of $800.92 million during the quarter, compared to analysts’ expectations of $790.47 million. Vishay Intertechnology had a negative return on equity of 0.32% and a negative net margin of 0.29%.The company’s quarterly revenue was up 12.1% compared to the same quarter last year. On average, research analysts expect that Vishay Intertechnology will post 0.53 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. State of Wyoming purchased a new position in shares of Vishay Intertechnology during the 4th quarter worth $389,000. Goldman Sachs Group Inc. lifted its stake in Vishay Intertechnology by 28.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,466,224 shares of the semiconductor company’s stock worth $35,736,000 after acquiring an additional 539,603 shares during the last quarter. Norges Bank acquired a new position in Vishay Intertechnology during the 4th quarter worth approximately $7,067,000. Geode Capital Management LLC raised its holdings in shares of Vishay Intertechnology by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 2,907,928 shares of the semiconductor company’s stock valued at $42,144,000 after purchasing an additional 10,917 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its position in shares of Vishay Intertechnology by 255.8% during the 4th quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock worth $74,000 after purchasing an additional 3,684 shares during the last quarter. 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.