Vishay Intertechnology (NYSE:VSH) Shares Cross Above 200-Day Moving Average – What’s Next?

Vishay Intertechnology, Inc. (NYSE:VSH)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.47 and traded as high as $17.29. Vishay Intertechnology shares last traded at $16.5760, with a volume of 2,595,387 shares.

Analysts Set New Price Targets

Several equities research analysts recently commented on VSH shares. Argus raised Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Zacks Research lowered Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. upped their target price on Vishay Intertechnology from $14.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Bank of America raised their target price on Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research note on Thursday, January 22nd. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $18.00.

Vishay Intertechnology Price Performance

The firm has a market cap of $2.25 billion, a price-to-earnings ratio of -236.77 and a beta of 1.14. The company has a current ratio of 2.62, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46. The stock’s fifty day moving average price is $18.58 and its 200-day moving average price is $16.47.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). The business 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 was up 12.1% compared to the same quarter last year. As a group, equities research analysts forecast that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Thursday, March 12th. Vishay Intertechnology’s dividend payout ratio is -571.43%.

Institutional Trading of Vishay Intertechnology

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its position in Vishay Intertechnology by 2.3% in the third quarter. Vanguard Group Inc. now owns 16,617,109 shares of the semiconductor company’s stock valued at $254,242,000 after buying an additional 375,378 shares during the last quarter. Woodline Partners LP increased its position in shares of Vishay Intertechnology by 25.3% during the third quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock valued at $104,251,000 after acquiring an additional 1,377,356 shares during the last quarter. Norges Bank acquired a new stake in shares of Vishay Intertechnology during the second quarter valued at about $84,496,000. American Century Companies Inc. raised its stake in shares of Vishay Intertechnology by 0.9% in the 3rd quarter. American Century Companies Inc. now owns 4,180,606 shares of the semiconductor company’s stock valued at $63,963,000 after acquiring an additional 36,791 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Vishay Intertechnology by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 2,907,928 shares of the semiconductor company’s stock valued at $42,144,000 after acquiring an additional 10,917 shares during the period. 93.66% of the stock is owned by institutional investors and hedge funds.

About Vishay Intertechnology

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.