Analysts Set Vishay Intertechnology, Inc. (NYSE:VSH) Target Price at $18.00

Vishay Intertechnology, Inc. (NYSE:VSH) has been given an average recommendation of “Reduce” by the five brokerages that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $18.00.

A number of equities research analysts have weighed in on VSH shares. JPMorgan Chase & Co. upped their price target on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Zacks Research downgraded shares of Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th. Argus raised shares of Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. Finally, Bank of America upped their price target on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a report on Thursday, January 22nd.

Institutional Investors Weigh In On Vishay Intertechnology

A number of institutional investors and hedge funds have recently bought and sold shares of VSH. Jones Financial Companies Lllp lifted its stake in Vishay Intertechnology by 709.5% during the third quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 1,575 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in Vishay Intertechnology by 212.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 1,402 shares in the last quarter. Quarry LP purchased a new stake in Vishay Intertechnology during the third quarter valued at about $39,000. Empowered Funds LLC purchased a new stake in Vishay Intertechnology during the fourth quarter valued at about $57,000. Finally, Hantz Financial Services Inc. lifted its stake in Vishay Intertechnology by 255.8% during the fourth quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock valued at $74,000 after buying an additional 3,684 shares in the last quarter. 93.66% of the stock is owned by institutional investors and hedge funds.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $18.78 on Thursday. Vishay Intertechnology has a 52-week low of $10.35 and a 52-week high of $22.00. The company has a quick ratio of 1.57, a current ratio of 2.62 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $2.55 billion, a PE ratio of -268.25 and a beta of 1.13. The firm has a 50-day moving average price of $18.58 and a 200 day moving average price of $16.59.

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

Vishay Intertechnology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Thursday, March 12th. Vishay Intertechnology’s dividend payout ratio is presently -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.