Vishay Intertechnology, Inc. (NYSE:VSH) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Vishay Intertechnology, Inc. (NYSE:VSH) have been assigned an average recommendation of “Moderate Buy” from the five analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $24.00.

A number of analysts recently weighed in on VSH shares. Zacks Research raised shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Bank of America raised their price target on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a report on Thursday, May 14th. Wall Street Zen upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday. Finally, Argus upgraded shares of Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th.

Vishay Intertechnology Stock Performance

Shares of Vishay Intertechnology stock opened at $52.33 on Friday. 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 firm has a market cap of $7.12 billion, a P/E ratio of 5,233.10 and a beta of 1.53. The firm has a 50 day simple moving average of $28.38 and a 200 day simple moving average of $20.76. Vishay Intertechnology has a fifty-two week low of $11.77 and a fifty-two week high of $53.60.

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, beating analysts’ consensus estimates of $0.03 by $0.02. The business had revenue of $839.24 million during the quarter, compared to analyst estimates of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. Vishay Intertechnology’s revenue for the quarter was up 17.3% compared to the same quarter last year. During the same quarter last year, the business posted ($0.03) earnings per share. Sell-side analysts predict that Vishay Intertechnology will post 0.75 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

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

Institutional Trading of Vishay Intertechnology

Several institutional investors and hedge funds have recently made changes to their positions in the business. Edgestream Partners L.P. raised its position in shares of Vishay Intertechnology by 127.4% during the 1st quarter. Edgestream Partners L.P. now owns 316,191 shares of the semiconductor company’s stock valued at $5,691,000 after acquiring an additional 177,151 shares during the last quarter. California State Teachers Retirement System boosted its position in shares of Vishay Intertechnology by 21.1% during the first quarter. California State Teachers Retirement System now owns 131,611 shares of the semiconductor company’s stock worth $2,369,000 after purchasing an additional 22,902 shares in the last quarter. Quantinno Capital Management LP boosted its position in shares of Vishay Intertechnology by 9.4% during the first 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 in the last quarter. SummitTX Capital L.P. bought a new position in shares of Vishay Intertechnology during the first quarter worth $2,555,000. Finally, Dean Capital Management boosted its position in shares of Vishay Intertechnology by 317.1% during the first quarter. Dean Capital Management now owns 92,643 shares of the semiconductor company’s stock worth $1,668,000 after purchasing an additional 70,432 shares in the last quarter. Institutional investors 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.