Zacks: Brokerages Anticipate Vishay Intertechnology (VSH) Will Post Quarterly Sales of $760.00 Million

Equities research analysts expect Vishay Intertechnology (NYSE:VSH) to post $760.00 million in sales for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Vishay Intertechnology’s earnings. Vishay Intertechnology reported sales of $644.89 million during the same quarter last year, which indicates a positive year over year growth rate of 17.8%. The company is scheduled to report its next earnings results on Thursday, August 2nd.

On average, analysts expect that Vishay Intertechnology will report full-year sales of $3.01 billion for the current year, with estimates ranging from $3.00 billion to $3.01 billion. For the next financial year, analysts forecast that the business will report sales of $3.15 billion per share. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow Vishay Intertechnology.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Tuesday, May 8th. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.04. Vishay Intertechnology had a net margin of 0.20% and a return on equity of 15.57%. The company had revenue of $716.80 million during the quarter, compared to the consensus estimate of $694.06 million. During the same quarter in the prior year, the firm earned $0.28 EPS. The company’s revenue was up 18.5% compared to the same quarter last year.

A number of equities research analysts have issued reports on the stock. Stifel Nicolaus reiterated a “hold” rating and issued a $20.00 target price (down previously from $23.00) on shares of Vishay Intertechnology in a research report on Wednesday, February 7th. Bank of America upgraded shares of Vishay Intertechnology from an “underperform” rating to a “buy” rating and increased their target price for the stock from $20.00 to $24.00 in a research report on Wednesday, May 9th. TheStreet upgraded shares of Vishay Intertechnology from a “c+” rating to a “b-” rating in a research report on Friday, May 11th. Zacks Investment Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research report on Friday, May 11th. Finally, ValuEngine downgraded shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $21.75.

Institutional investors and hedge funds have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Vishay Intertechnology by 35.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,220 shares of the semiconductor company’s stock worth $191,000 after purchasing an additional 2,420 shares during the last quarter. ARP Americas LP acquired a new position in shares of Vishay Intertechnology during the 1st quarter worth $186,000. Paloma Partners Management Co acquired a new position in shares of Vishay Intertechnology during the 4th quarter worth $214,000. JOYN Advisors Inc. acquired a new position in shares of Vishay Intertechnology during the 4th quarter worth $236,000. Finally, Element Capital Management LLC acquired a new position in shares of Vishay Intertechnology during the 1st quarter worth $215,000.

VSH stock opened at $21.50 on Friday. Vishay Intertechnology has a 12-month low of $16.20 and a 12-month high of $23.85. The company has a debt-to-equity ratio of 0.43, a current ratio of 4.34 and a quick ratio of 3.47. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 15.03, a P/E/G ratio of 1.97 and a beta of 1.29.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 28th. Stockholders of record on Wednesday, June 13th will be paid a dividend of $0.085 per share. This is a positive change from Vishay Intertechnology’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Tuesday, June 12th. This represents a $0.34 annualized dividend and a dividend yield of 1.58%. Vishay Intertechnology’s dividend payout ratio is 18.88%.

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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