Equities analysts expect Vishay Intertechnology (NYSE:VSH) to announce sales of $718.80 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Vishay Intertechnology’s earnings, with the lowest sales estimate coming in at $717.60 million and the highest estimate coming in at $720.00 million. Vishay Intertechnology reported sales of $761.03 million in the same quarter last year, which indicates a negative year-over-year growth rate of 5.5%. The business is scheduled to announce its next earnings report on Tuesday, August 6th.
According to Zacks, analysts expect that Vishay Intertechnology will report full-year sales of $2.84 billion for the current year, with estimates ranging from $2.83 billion to $2.85 billion. For the next year, analysts expect that the business will report sales of $2.88 billion, with estimates ranging from $2.88 billion to $2.89 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Thursday, May 9th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.01. The business had revenue of $745.16 million for the quarter, compared to analysts’ expectations of $754.26 million. Vishay Intertechnology had a return on equity of 23.80% and a net margin of 11.72%. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the firm posted $0.40 earnings per share.
Several research analysts have issued reports on the company. ValuEngine cut Vishay Intertechnology from a “sell” rating to a “strong sell” rating in a research report on Monday. Zacks Investment Research downgraded Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 12th. Finally, Bank of America downgraded Vishay Intertechnology from a “buy” rating to a “neutral” rating and set a $23.00 price objective on the stock. in a research note on Wednesday, February 6th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $24.75.
NYSE:VSH traded down $0.01 on Wednesday, hitting $17.11. The stock had a trading volume of 1,789,486 shares, compared to its average volume of 1,270,492. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 8.07, a PEG ratio of 0.94 and a beta of 1.41. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.25 and a current ratio of 3.09. Vishay Intertechnology has a 52-week low of $16.59 and a 52-week high of $26.50.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 27th. Stockholders of record on Thursday, June 13th will be paid a $0.095 dividend. The ex-dividend date of this dividend is Wednesday, June 12th. This represents a $0.38 annualized dividend and a dividend yield of 2.22%. This is an increase from Vishay Intertechnology’s previous quarterly dividend of $0.09. Vishay Intertechnology’s dividend payout ratio (DPR) is 16.04%.
In related news, Director Frank Dieter Maier sold 6,421 shares of Vishay Intertechnology stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $21.75, for a total transaction of $139,656.75. Following the sale, the director now owns 74,399 shares of the company’s stock, valued at approximately $1,618,178.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Marc Zandman sold 85,361 shares of Vishay Intertechnology stock in a transaction that occurred on Thursday, February 28th. The shares were sold at an average price of $21.88, for a total value of $1,867,698.68. Following the sale, the chairman now directly owns 50,585 shares in the company, valued at approximately $1,106,799.80. The disclosure for this sale can be found here. Insiders sold 157,782 shares of company stock worth $3,444,175 in the last ninety days. Corporate insiders own 8.07% of the company’s stock.
Institutional investors and hedge funds have recently modified their holdings of the stock. Meeder Asset Management Inc. bought a new stake in Vishay Intertechnology during the 1st quarter valued at approximately $37,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in Vishay Intertechnology during the 4th quarter valued at approximately $50,000. Oregon Public Employees Retirement Fund raised its stake in Vishay Intertechnology by 1,701.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 939,780 shares of the semiconductor company’s stock valued at $52,000 after purchasing an additional 887,599 shares during the period. Strs Ohio raised its stake in Vishay Intertechnology by 41.7% during the 4th quarter. Strs Ohio now owns 8,500 shares of the semiconductor company’s stock valued at $153,000 after purchasing an additional 2,500 shares during the period. Finally, SG Americas Securities LLC raised its stake in Vishay Intertechnology by 17.3% during the 4th quarter. SG Americas Securities LLC now owns 10,506 shares of the semiconductor company’s stock valued at $189,000 after purchasing an additional 1,553 shares during the period. 89.53% of the stock is currently owned by institutional investors.
About Vishay Intertechnology
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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