Vishay Intertechnology, Inc. (NYSE:VSH) Stock Has Average Price Target of $36.67

Key Points

• Analysts rate Vishay Intertechnology “Moderate Buy”, with four buy, two strong-buy, two hold, and one sell recommendation. The average 12-month price target is $36.67, including targets as high as $45.
• Vishay reported quarterly EPS of $0.19, beating the $0.15 consensus estimate, while revenue reached $918.58 million and rose 16.6% year over year.
• The company pays a quarterly dividend of $0.10, equivalent to a 1.4% yield, while institutional investors own approximately 93.66% of outstanding shares.

Shares of Vishay Intertechnology, Inc. (NYSE:VSH - Get Free Report) have been assigned an average rating of "Moderate Buy" from the nine brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $36.67.

Several analysts recently issued reports on the company. Zacks Research upgraded Vishay Intertechnology from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 5th. Wall Street Zen upgraded shares of Vishay Intertechnology from a "hold" rating to a "buy" rating in a research report on Saturday, October 10th. Raymond James Financial initiated coverage on Vishay Intertechnology in a research note on Tuesday, August 4th. They issued an "outperform" rating and a $40.00 price objective on the stock. Oppenheimer boosted their target price on shares of Vishay Intertechnology from $42.00 to $45.00 and gave the stock an "outperform" rating in a research note on Thursday, October 8th. Finally, Weiss Ratings cut Vishay Intertechnology from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday, September 25th.

Vishay Intertechnology Stock Up 2.9%

Shares of VSH opened at $28.52 on Tuesday. Vishay Intertechnology has a 52 week low of $11.77 and a 52 week high of $69.47. The firm has a market cap of $4.37 billion, a P/E ratio of 150.09, a price-to-earnings-growth ratio of 3.27 and a beta of 1.79. The firm's 50-day simple moving average is $32.31 and its 200 day simple moving average is $37.71. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.27 and a current ratio of 1.80.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.04. The firm had revenue of $918.58 million for the quarter, compared to analysts' expectations of $897.03 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The business's revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.07) EPS. On average, analysts forecast that Vishay Intertechnology will post 0.85 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Thursday, September 10th. Vishay Intertechnology's payout ratio is 210.53%.

Insider Buying and Selling

In other Vishay Intertechnology news, Director Raanan Zilberman sold 16,575 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $35.82, for a total transaction of $593,716.50. Following the completion of the sale, the director owned 31,937 shares of the company's stock, valued at approximately $1,143,983.34. This represents a 34.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.35% of the stock is owned by insiders.

Institutional Trading of Vishay Intertechnology

Large investors have recently bought and sold shares of the business. Andar Capital Management HK Ltd acquired a new stake in Vishay Intertechnology during the second quarter worth approximately $160,000,000. Valliance Asset Management Ltd bought a new position in Vishay Intertechnology in the second quarter worth approximately $146,405,000. William Blair Investment Management LLC bought a new position in Vishay Intertechnology in the second quarter worth approximately $79,095,000. Assenagon Asset Management S.A. acquired a new stake in Vishay Intertechnology in the third quarter valued at approximately $38,800,000. Finally, Bank of New York Mellon Corp acquired a new stake in Vishay Intertechnology in the 2nd quarter valued at $41,629,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

About Vishay Intertechnology

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.

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