Vishay Intertechnology (NYSE:VSH) Releases Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Vishay Intertechnology (NYSE:VSH) posted its quarterly earnings results on Wednesday. The semiconductor company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.29 by $0.08, FiscalAI reports. The business had revenue of $978.94 million for the quarter, compared to analysts’ expectations of $965.33 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. Vishay Intertechnology’s revenue was up 23.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.04 EPS.

Here are the key takeaways from Vishay Intertechnology’s conference call:

• Vishay reported record third-quarter revenue of $979 million, up 24% year over year and above guidance. Gross margin rose to 25.5%, and EPS was $0.37.
• Bookings increased 15%, with a 1.29 book-to-bill and a $2.2 billion backlog (6.6 months). Management cited strong demand across industrial, AI, automotive, and aerospace and defense, alongside customer efforts to secure supply.
• For Q4, the company forecast revenue of $990 million, plus or minus $15 million, and gross margin of 26%, exceeding its previously stated year-end margin goal. Management said it expects sequential revenue growth despite holiday closures.
• Management said Vishay 3.0 initiatives are supporting market-share gains through expanded capacity, broader customer and product coverage, and competitive lead times. It is targeting nearly $200 million in AI revenue this year, versus about $100 million last year.
• Despite improved Q3 cash generation, Vishay expects full-year 2026 free cash flow to be close to break-even, citing capacity expansion spending and a planned reduction in its receivables securitization program. Some equipment spending has also shifted into 2027.

Vishay Intertechnology Stock Performance

Shares of VSH traded down $1.74 during trading hours on Wednesday, hitting $25.48. The company had a trading volume of 2,622,270 shares, compared to its average volume of 4,336,537. The firm has a market cap of $3.91 billion, a price-to-earnings ratio of 134.09, a PEG ratio of 3.01 and a beta of 1.90. The company has a quick ratio of 1.27, a current ratio of 1.80 and a debt-to-equity ratio of 0.08. Vishay Intertechnology has a 12 month low of $11.77 and a 12 month high of $69.47. The business has a fifty day moving average of $31.21 and a 200-day moving average of $32.09.

Vishay Intertechnology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $0.40 annualized dividend and a yield of 1.6%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 210.53%.

Insider Buying and Selling

In other news, Director Raanan Zilberman sold 16,575 shares of Vishay Intertechnology stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $35.82, for a total value of $593,716.50. Following the completion of the sale, the director directly owned 31,937 shares in the company, valued at approximately $1,143,983.34. The trade was a 34.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 8.35% of the company’s stock.

Analyst Upgrades and Downgrades

VSH has been the subject of a number of research reports. Truist Financial assumed coverage on shares of Vishay Intertechnology in a report on Thursday, September 3rd. They issued a “buy” rating and a $42.00 price target for the company. Raymond James Financial initiated coverage on Vishay Intertechnology in a report on Tuesday, August 4th. They set an “outperform” rating and a $40.00 price target for the company. Needham & Company LLC started coverage on Vishay Intertechnology in a research report on Tuesday, August 4th. They issued a “buy” rating and a $45.00 price objective for the company. Weiss Ratings lowered shares of Vishay Intertechnology from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 25th. Finally, Wall Street Zen upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $36.67.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of electronic components used in industrial, automotive, computing, telecommunications, consumer electronics, aerospace and defense, and medical applications. The company’s portfolio includes passive components and semiconductor products that support power management, signal processing, sensing, connectivity and energy conversion.

Its products include resistors, capacitors, inductors, diodes, rectifiers, power MOSFETs, optoelectronic components, sensors, transducers and related power and circuit-protection devices.