Vishay Intertechnology (NYSE:VSH) Stock Rating Lowered by StockNews.com

Vishay Intertechnology (NYSE:VSH) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Thursday.

Vishay Intertechnology Price Performance

Shares of VSH stock opened at $22.59 on Thursday. The firm has a market capitalization of $3.14 billion, a price-to-earnings ratio of 7.63 and a beta of 1.31. The company has a quick ratio of 2.29, a current ratio of 3.16 and a debt-to-equity ratio of 0.29. Vishay Intertechnology has a 12-month low of $19.52 and a 12-month high of $30.10. The firm has a fifty day moving average of $24.92 and a 200-day moving average of $25.62.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, August 9th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.05. Vishay Intertechnology had a net margin of 11.84% and a return on equity of 21.16%. The company had revenue of $892.10 million for the quarter, compared to analysts’ expectations of $879.80 million. During the same period in the prior year, the firm earned $0.82 EPS. Vishay Intertechnology’s quarterly revenue was up 3.3% compared to the same quarter last year. On average, equities research analysts forecast that Vishay Intertechnology will post 2.47 earnings per share for the current year.

Institutional Trading of Vishay Intertechnology

Several hedge funds and other institutional investors have recently modified their holdings of the business. Assetmark Inc. boosted its stake in shares of Vishay Intertechnology by 1,356.5% in the 3rd quarter. Assetmark Inc. now owns 85,656 shares of the semiconductor company’s stock valued at $2,117,000 after purchasing an additional 79,775 shares in the last quarter. Inspire Investing LLC raised its holdings in Vishay Intertechnology by 18.2% in the 3rd quarter. Inspire Investing LLC now owns 38,047 shares of the semiconductor company’s stock worth $941,000 after purchasing an additional 5,861 shares in the last quarter. Strs Ohio raised its holdings in Vishay Intertechnology by 5.2% in the 3rd quarter. Strs Ohio now owns 46,800 shares of the semiconductor company’s stock worth $1,156,000 after purchasing an additional 2,300 shares in the last quarter. GW Henssler & Associates Ltd. bought a new position in Vishay Intertechnology in the 3rd quarter worth $212,000. Finally, Foster & Motley Inc. increased its stake in shares of Vishay Intertechnology by 1.8% in the 3rd quarter. Foster & Motley Inc. now owns 133,189 shares of the semiconductor company’s stock worth $3,292,000 after acquiring an additional 2,376 shares in the last quarter. Institutional investors own 82.60% of the company’s stock.

Vishay Intertechnology Company Profile

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