Vishay Intertechnology (NYSE:VSH) Reaches New 52-Week High - Should You Buy?

Key Points

• Vishay's stock hit a new 52-week high of $23.86 with roughly 2.06M shares traded; the company has a market cap near $3.22 billion and 50/200-day moving averages of $18.86/$16.90.
• Analysts are mixed—one Strong Buy, two Holds and two Sells—resulting in an overall Hold consensus and an average price target of $18, well below the current share price.
• Recent quarter: EPS of $0.01 missed estimates while revenue rose 12.1% to $800.92M; however, the company reports a negative net margin and ROE, a negative P/E (-339), and pays a $0.10 quarterly dividend (1.7% yield) despite a negative payout ratio.

Vishay Intertechnology, Inc. (NYSE:VSH - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $23.86 and last traded at $23.7460, with a volume of 2063016 shares traded. The stock had previously closed at $23.13.

Analysts Set New Price Targets

VSH has been the topic of several recent research reports. Bank of America lifted their target price on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the stock an "underperform" rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. lifted their target price on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a "neutral" rating in a research note on Thursday, February 5th. Zacks Research upgraded shares of Vishay Intertechnology from a "strong sell" rating to a "hold" rating in a research report on Tuesday, April 7th. Argus upgraded shares of Vishay Intertechnology to a "strong-buy" rating in a research report on Monday, February 9th. Finally, Weiss Ratings restated a "sell (d)" rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $18.00.

Vishay Intertechnology Stock Performance

The firm's 50-day moving average price is $18.86 and its two-hundred day moving average price is $16.90. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 2.62. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of -339.18 and a beta of 1.13.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.01). The firm had revenue of $800.92 million during the quarter, compared to analyst estimates of $790.47 million. Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The company's revenue for the quarter was up 12.1% on a year-over-year basis. On average, analysts expect that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.7%. The ex-dividend date was Thursday, March 12th. Vishay Intertechnology's dividend payout ratio is presently -571.43%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in shares of Vishay Intertechnology by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 16,617,109 shares of the semiconductor company's stock worth $254,242,000 after purchasing an additional 375,378 shares during the period. Woodline Partners LP boosted its stake in Vishay Intertechnology by 25.3% during the third quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company's stock worth $104,251,000 after buying an additional 1,377,356 shares during the period. American Century Companies Inc. boosted its stake in Vishay Intertechnology by 0.9% during the third quarter. American Century Companies Inc. now owns 4,180,606 shares of the semiconductor company's stock worth $63,963,000 after buying an additional 36,791 shares during the period. Geode Capital Management LLC boosted its stake in Vishay Intertechnology by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 2,907,928 shares of the semiconductor company's stock worth $42,144,000 after buying an additional 10,917 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in Vishay Intertechnology by 28.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,466,224 shares of the semiconductor company's stock worth $35,736,000 after buying an additional 539,603 shares during the period. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Vishay Intertechnology Company Profile

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.

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