Vishay Intertechnology, Inc. (NYSE:VSH) Receives Consensus Rating of “Moderate Buy” from Brokerages

Vishay Intertechnology, Inc. (NYSE:VSH) has been given a consensus rating of “Moderate Buy” by the five research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a strong buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $24.00.

Several research firms have issued reports on VSH. Bank of America lifted their target price on Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research note on Thursday, May 14th. 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. Wall Street Zen cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Finally, Zacks Research raised shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th.

Hedge Funds Weigh In On Vishay Intertechnology

Institutional investors and hedge funds have recently bought and sold shares of the company. Carolina Wealth Advisors LLC acquired a new position in shares of Vishay Intertechnology during the second quarter worth $32,000. FNY Investment Advisers LLC acquired a new stake in shares of Vishay Intertechnology in the 2nd quarter worth $443,000. GAMMA Investing LLC boosted its position in shares of Vishay Intertechnology by 8.2% in the 2nd quarter. GAMMA Investing LLC now owns 9,261 shares of the semiconductor company’s stock worth $498,000 after purchasing an additional 702 shares in the last quarter. Somerset Trust Co purchased a new position in Vishay Intertechnology during the 2nd quarter worth $256,000. Finally, NewEdge Advisors LLC grew its stake 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 buying an additional 173,886 shares during the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

Vishay Intertechnology Stock Up 1.7%

NYSE VSH traded up $0.75 during midday trading on Friday, hitting $44.79. 2,896,813 shares of the company traded hands, compared to its average volume of 7,676,660. Vishay Intertechnology has a 52 week low of $11.77 and a 52 week high of $69.47. The company’s 50-day simple moving average is $49.42 and its 200-day simple moving average is $29.71. The company has a market cap of $6.10 billion, a PE ratio of 4,478.70 and a beta of 1.76. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53.

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

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 18th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio (DPR) is 4,000.00%.

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.