Vishay Intertechnology (NYSE:VSH) Hits New 52-Week High – Should You Buy?

Vishay Intertechnology, Inc. (NYSE:VSH) hit a new 52-week high on Thursday . The company traded as high as $67.32 and last traded at $67.23, with a volume of 1236983 shares. The stock had previously closed at $60.33.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Bank of America boosted their target price on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research note on Thursday, May 14th. Weiss Ratings upgraded Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Finally, Wall Street Zen downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $24.00.

Vishay Intertechnology Price Performance

The company has a current ratio of 2.64, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47. The company has a market cap of $9.03 billion, a P/E ratio of 6,583.70 and a beta of 1.76. The business’s fifty day moving average is $39.96 and its 200 day moving average is $25.29.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The company had revenue of $839.24 million for the quarter, compared to analysts’ expectations of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. Vishay Intertechnology’s revenue was up 17.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.03) EPS. As a group, sell-side analysts anticipate that Vishay Intertechnology, Inc. will post 0.75 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Thursday, June 18th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.40 dividend on an annualized basis and a yield of 0.6%. Vishay Intertechnology’s payout ratio is presently 4,000.00%.

Institutional Investors Weigh In On Vishay Intertechnology

A number of hedge funds and other institutional investors have recently bought and sold shares of VSH. Jones Financial Companies Lllp raised its holdings in Vishay Intertechnology by 709.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 1,575 shares during the period. Rockefeller Capital Management L.P. raised its holdings in Vishay Intertechnology by 212.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 1,402 shares during the period. Quarry LP bought a new stake in Vishay Intertechnology during the 3rd quarter valued at $39,000. Empowered Funds LLC bought a new stake in Vishay Intertechnology during the 4th quarter valued at $57,000. Finally, Hantz Financial Services Inc. raised its holdings in Vishay Intertechnology by 255.8% during the 4th quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock valued at $74,000 after acquiring an additional 3,684 shares during the period. Institutional investors own 93.66% of the company’s stock.

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.