Vishay Intertechnology, Inc. (NYSE:VSH) Receives $18.00 Consensus PT from Analysts

Vishay Intertechnology, Inc. (NYSE:VSH) has been assigned an average recommendation of “Reduce” from the five research firms that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $18.00.

Several brokerages have recently issued reports on VSH. Argus raised shares of Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Bank of America lifted their price objective on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a research report on Thursday, January 22nd. JPMorgan Chase & Co. upped their target price on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Zacks Research cut Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st.

Hedge Funds Weigh In On Vishay Intertechnology

A number of institutional investors and hedge funds have recently bought and sold shares of VSH. Royal Bank of Canada lifted its stake in shares of Vishay Intertechnology by 26.6% in the 1st quarter. Royal Bank of Canada now owns 71,823 shares of the semiconductor company’s stock worth $1,142,000 after acquiring an additional 15,079 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Vishay Intertechnology by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,123 shares of the semiconductor company’s stock worth $1,179,000 after purchasing an additional 2,250 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Vishay Intertechnology by 5.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 250,154 shares of the semiconductor company’s stock valued at $3,977,000 after purchasing an additional 12,547 shares in the last quarter. Inspire Investing LLC raised its stake in shares of Vishay Intertechnology by 12.6% in the 2nd quarter. Inspire Investing LLC now owns 24,401 shares of the semiconductor company’s stock worth $387,000 after buying an additional 2,722 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of Vishay Intertechnology by 63.4% in the second quarter. CWM LLC now owns 5,674 shares of the semiconductor company’s stock valued at $90,000 after buying an additional 2,201 shares during the period. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Down 2.6%

NYSE:VSH opened at $18.89 on Wednesday. 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 has a 50 day moving average of $17.07 and a 200-day moving average of $15.86. The firm has a market capitalization of $2.56 billion, a PE ratio of -269.75 and a beta of 1.14. Vishay Intertechnology has a 52 week low of $10.35 and a 52 week high of $22.00.

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

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, March 12th. Vishay Intertechnology’s dividend payout ratio (DPR) is -571.43%.

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.