JPMorgan Chase & Co. Issues Positive Forecast for Vishay Intertechnology (NYSE:VSH) Stock Price

Vishay Intertechnology (NYSE:VSHFree Report) had its price objective lifted by JPMorgan Chase & Co. from $14.00 to $20.00 in a report published on Thursday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the semiconductor company’s stock.

Other research analysts also recently issued research reports about the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. Bank of America raised their price target on Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research report on Thursday, January 22nd. Two investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $18.00.

Check Out Our Latest Stock Analysis on VSH

Vishay Intertechnology Trading Down 1.0%

VSH stock opened at $19.66 on Thursday. The company has a market capitalization of $2.67 billion, a PE ratio of -280.77 and a beta of 1.14. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.60 and a current ratio of 2.62. Vishay Intertechnology has a one year low of $10.35 and a one year high of $22.00. The company’s 50 day moving average price is $16.46 and its two-hundred day moving average price is $15.76.

Vishay Intertechnology (NYSE:VSHGet Free Report) last released its earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). The business had revenue of $800.92 million for the quarter, compared to the consensus estimate of $790.47 million. Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. As a group, analysts predict that Vishay Intertechnology will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Wednesday, December 3rd were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Wednesday, December 3rd. Vishay Intertechnology’s dividend payout ratio is currently -571.43%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VSH. Dana Investment Advisors Inc. grew its position in shares of Vishay Intertechnology by 30.4% in the 4th quarter. Dana Investment Advisors Inc. now owns 185,302 shares of the semiconductor company’s stock worth $2,685,000 after buying an additional 43,149 shares during the last quarter. First Eagle Investment Management LLC lifted its stake in Vishay Intertechnology by 11.1% in the fourth quarter. First Eagle Investment Management LLC now owns 1,022,488 shares of the semiconductor company’s stock worth $14,816,000 after acquiring an additional 102,374 shares during the period. Bernzott Capital Advisors lifted its stake in Vishay Intertechnology by 12.9% in the fourth quarter. Bernzott Capital Advisors now owns 549,780 shares of the semiconductor company’s stock worth $7,966,000 after acquiring an additional 62,753 shares during the period. Vest Financial LLC bought a new stake in Vishay Intertechnology in the fourth quarter valued at $181,000. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new position in Vishay Intertechnology during the 4th quarter valued at $87,000. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology News Summary

Here are the key news stories impacting Vishay Intertechnology this week:

About Vishay Intertechnology

(Get Free Report)

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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