Equities analysts expect that Vishay Intertechnology (NYSE:VSH) will announce sales of $619.38 million for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Vishay Intertechnology’s earnings, with the lowest sales estimate coming in at $617.60 million and the highest estimate coming in at $620.52 million. Vishay Intertechnology posted sales of $780.97 million during the same quarter last year, which would indicate a negative year over year growth rate of 20.7%. The business is scheduled to issue its next earnings report before the market opens on Tuesday, October 29th.
According to Zacks, analysts expect that Vishay Intertechnology will report full-year sales of $2.65 billion for the current fiscal year. For the next financial year, analysts forecast that the firm will post sales of $2.57 billion, with estimates ranging from $2.54 billion to $2.60 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Tuesday, July 30th. The semiconductor company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. Vishay Intertechnology had a net margin of 10.05% and a return on equity of 21.03%. The firm had revenue of $685.20 million during the quarter, compared to analysts’ expectations of $685.76 million. During the same period in the previous year, the company earned $0.54 EPS. The firm’s revenue for the quarter was down 10.0% compared to the same quarter last year.
VSH has been the subject of a number of recent analyst reports. Exane BNP Paribas raised shares of Vishay Intertechnology from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 29th. Zacks Investment Research cut shares of Vishay Intertechnology from a “hold” rating to a “sell” rating and set a $17.00 price target for the company. in a research note on Saturday, July 13th. ValuEngine upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Finally, BNP Paribas upgraded shares of Vishay Intertechnology from a “neutral” rating to an “outperform” rating in a report on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $19.00.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Riverhead Capital Management LLC lifted its holdings in Vishay Intertechnology by 31.6% during the 2nd quarter. Riverhead Capital Management LLC now owns 16,245 shares of the semiconductor company’s stock valued at $268,000 after buying an additional 3,900 shares in the last quarter. Commonwealth Bank of Australia lifted its holdings in Vishay Intertechnology by 50.0% during the 2nd quarter. Commonwealth Bank of Australia now owns 18,000 shares of the semiconductor company’s stock valued at $297,000 after buying an additional 6,000 shares in the last quarter. Nomura Holdings Inc. bought a new stake in shares of Vishay Intertechnology in the 2nd quarter valued at about $201,000. JPMorgan Chase & Co. raised its holdings in shares of Vishay Intertechnology by 8.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 605,421 shares of the semiconductor company’s stock valued at $9,795,000 after purchasing an additional 45,432 shares in the last quarter. Finally, CSat Investment Advisory L.P. bought a new stake in shares of Vishay Intertechnology in the 2nd quarter valued at about $307,000. Institutional investors own 86.95% of the company’s stock.
Shares of VSH stock traded down $0.32 during trading hours on Tuesday, reaching $17.98. 775,601 shares of the stock were exchanged, compared to its average volume of 837,709. Vishay Intertechnology has a 12-month low of $14.36 and a 12-month high of $22.94. The company has a current ratio of 3.41, a quick ratio of 2.51 and a debt-to-equity ratio of 0.41. The company’s 50-day moving average price is $17.11 and its 200-day moving average price is $17.05. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 8.48 and a beta of 1.51.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 12th were issued a dividend of $0.095 per share. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $0.38 dividend on an annualized basis and a yield of 2.11%. Vishay Intertechnology’s payout ratio is 17.92%.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.
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