$600.00 Million in Sales Expected for Vishay Intertechnology (NYSE:VSH) This Quarter

Wall Street brokerages expect Vishay Intertechnology (NYSE:VSH) to post sales of $600.00 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Vishay Intertechnology’s earnings. Vishay Intertechnology posted sales of $628.33 million in the same quarter last year, which would indicate a negative year over year growth rate of 4.5%. The firm is expected to report its next earnings results on Tuesday, November 3rd.

On average, analysts expect that Vishay Intertechnology will report full year sales of $2.41 billion for the current financial year. For the next financial year, analysts forecast that the firm will report sales of $2.64 billion, with estimates ranging from $2.61 billion to $2.67 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that cover Vishay Intertechnology.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.18 EPS for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.11. The business had revenue of $581.70 million for the quarter, compared to analysts’ expectations of $563.40 million. Vishay Intertechnology had a return on equity of 7.62% and a net margin of 3.94%. The business’s quarterly revenue was down 15.1% on a year-over-year basis. During the same period last year, the firm earned $0.36 earnings per share.

Several research firms recently commented on VSH. Zacks Investment Research raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Friday, August 7th. BofA Securities raised shares of Vishay Intertechnology from an “underperform” rating to a “neutral” rating and set a $19.00 price objective for the company in a research note on Wednesday, August 5th. Bank of America raised shares of Vishay Intertechnology from an “underperform” rating to a “neutral” rating and set a $19.00 price objective for the company in a research note on Wednesday, August 5th. Finally, Loop Capital began coverage on shares of Vishay Intertechnology in a research note on Thursday, June 4th. They issued a “hold” rating and a $17.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. Vishay Intertechnology has a consensus rating of “Hold” and a consensus price target of $17.00.

VSH traded up $0.78 on Monday, hitting $15.89. The company had a trading volume of 784,495 shares, compared to its average volume of 1,204,237. The company has a market cap of $2.30 billion, a PE ratio of 23.72, a PEG ratio of 7.44 and a beta of 1.37. Vishay Intertechnology has a 12-month low of $11.23 and a 12-month high of $23.25. The company has a quick ratio of 2.33, a current ratio of 3.22 and a debt-to-equity ratio of 0.29. The business’s fifty day simple moving average is $16.08 and its 200 day simple moving average is $15.48.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Friday, September 11th were paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date was Thursday, September 10th. Vishay Intertechnology’s dividend payout ratio (DPR) is 30.16%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. US Bancorp DE grew its holdings in Vishay Intertechnology by 518.0% in the first quarter. US Bancorp DE now owns 1,854 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 1,554 shares during the last quarter. Point72 Hong Kong Ltd grew its holdings in shares of Vishay Intertechnology by 975.6% during the second quarter. Point72 Hong Kong Ltd now owns 2,904 shares of the semiconductor company’s stock valued at $44,000 after buying an additional 2,634 shares during the last quarter. Captrust Financial Advisors purchased a new stake in shares of Vishay Intertechnology during the second quarter valued at $44,000. Advisor Group Holdings Inc. purchased a new stake in shares of Vishay Intertechnology during the first quarter valued at $45,000. Finally, Sterling Investment Advisors Ltd. purchased a new stake in shares of Vishay Intertechnology during the second quarter valued at $75,000. 84.14% of the stock is currently owned by institutional investors and hedge funds.

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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