Vishay Intertechnology (NYSE:VSH) Stock Rating Upgraded by Zacks Research

Key Points

• Vishay Intertechnology's stock rating was upgraded from a "strong sell" to a "hold" by Zacks Research, reflecting a potential shift in investor sentiment.
• Despite the upgrade, Wall Street Zen downgraded Vishay to a "sell" rating, indicating mixed opinions among analysts, with an average consensus price target of $19.00.
• The company reported a loss of $0.07 per share in its last earnings report, missing estimates, but experienced a 2.8% year-over-year revenue increase to $762.25 million.

Vishay Intertechnology (NYSE:VSH - Get Free Report) was upgraded by stock analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a research report issued on Monday,Zacks.com reports.

Separately, Wall Street Zen lowered Vishay Intertechnology from a "hold" rating to a "sell" rating in a research report on Sunday, August 17th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $19.00.

Vishay Intertechnology Stock Performance

Vishay Intertechnology stock opened at $15.37 on Monday. The company has a current ratio of 2.70, a quick ratio of 1.64 and a debt-to-equity ratio of 0.44. Vishay Intertechnology has a 1 year low of $10.35 and a 1 year high of $20.15. The company has a market cap of $2.08 billion, a PE ratio of -23.47 and a beta of 1.15. The company's 50-day moving average is $16.05 and its two-hundred day moving average is $15.21.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 company had revenue of $762.25 million for the quarter, compared to the consensus estimate of $756.07 million. During the same quarter last year, the business posted $0.17 EPS. Vishay Intertechnology's quarterly revenue was up 2.8% on a year-over-year basis. Equities analysts anticipate that Vishay Intertechnology will post 0.53 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its stake 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 worth $43,000 after acquiring an additional 2,312 shares during the period. Larson Financial Group LLC boosted its stake in shares of Vishay Intertechnology by 27,083.3% during the 1st quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company's stock worth $52,000 after acquiring an additional 3,250 shares during the period. CWM LLC boosted its stake in shares of Vishay Intertechnology by 76.0% during the 1st quarter. CWM LLC now owns 3,473 shares of the semiconductor company's stock worth $55,000 after acquiring an additional 1,500 shares during the period. AlphaQuest LLC boosted its stake in shares of Vishay Intertechnology by 135.6% during the 2nd quarter. AlphaQuest LLC now owns 5,789 shares of the semiconductor company's stock worth $92,000 after acquiring an additional 3,332 shares during the period. Finally, Summit Securities Group LLC bought a new position in shares of Vishay Intertechnology during the 1st quarter worth approximately $126,000. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Company Profile

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.

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