Vishay Intertechnology (NYSE:VSH) Receives "Sell (D)" Rating from Weiss Ratings

Key Points

• Vishay Intertechnology received a "Sell (D)" rating from Weiss Ratings, reaffirming concerns about the company's stock performance.
• The stock is currently trading at $15.91, reflecting a 3.5% increase, but has a concerning PE ratio of -24.45.
• Institutional investors hold 93.66% of Vishay Intertechnology's shares, indicating strong institutional interest despite the mixed rating from analysts.

Vishay Intertechnology (NYSE:VSH - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

VSH has been the topic of a number of other reports. Zacks Research raised Vishay Intertechnology from a "strong sell" rating to a "hold" rating in a research report on Monday, September 8th. Wall Street Zen raised Vishay Intertechnology from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and an average price target of $19.00.

Vishay Intertechnology Stock Up 3.5%

Shares of NYSE:VSH traded up $0.54 on Wednesday, hitting $15.91. 1,001,048 shares of the company traded hands, compared to its average volume of 1,852,556. Vishay Intertechnology has a 52 week low of $10.35 and a 52 week high of $20.15. The company has a quick ratio of 1.64, a current ratio of 2.70 and a debt-to-equity ratio of 0.44. The stock has a 50 day simple moving average of $15.29 and a 200-day simple moving average of $14.95. The company has a market cap of $2.16 billion, a PE ratio of -24.45 and a beta of 1.15.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The semiconductor company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.09). Vishay Intertechnology had a negative return on equity of 0.10% and a negative net margin of 3.00%.The business had revenue of $762.25 million during the quarter, compared to the consensus estimate of $756.07 million. During the same quarter in the previous year, the business posted $0.17 earnings per share. Vishay Intertechnology's quarterly revenue was up 2.8% compared to the same quarter last year. As a group, research analysts expect that Vishay Intertechnology will post 0.53 earnings per share for the current year.

Hedge Funds Weigh In On Vishay Intertechnology

Large investors have recently modified their holdings of the stock. GAMMA Investing LLC increased its position in shares of Vishay Intertechnology by 602.1% during the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company's stock valued at $43,000 after purchasing an additional 2,312 shares during the last quarter. Larson Financial Group LLC grew its position in Vishay Intertechnology by 27,083.3% in the 1st quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company's stock valued at $52,000 after acquiring an additional 3,250 shares during the last quarter. CWM LLC grew its position in Vishay Intertechnology by 76.0% in the 1st quarter. CWM LLC now owns 3,473 shares of the semiconductor company's stock valued at $55,000 after acquiring an additional 1,500 shares during the last quarter. AlphaQuest LLC grew its position in Vishay Intertechnology by 135.6% in the 2nd quarter. AlphaQuest LLC now owns 5,789 shares of the semiconductor company's stock valued at $92,000 after acquiring an additional 3,332 shares during the last quarter. Finally, Summit Securities Group LLC bought a new position in Vishay Intertechnology in the 1st quarter valued at $126,000. Institutional investors own 93.66% of the company's stock.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.