Brokerages Set Vishay Intertechnology, Inc. (NYSE:VSH) Target Price at $24.00

Vishay Intertechnology, Inc. (NYSE:VSH) has received a consensus rating of “Moderate Buy” from the five ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $24.00.

Several research firms have commented on VSH. Bank of America upped their price objective on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a report on Thursday, May 14th. Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Wall Street Zen downgraded shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Finally, Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th.

Institutional Investors Weigh In On Vishay Intertechnology

Institutional investors have recently modified their holdings of the business. Dana Investment Advisors Inc. boosted its position in shares of Vishay Intertechnology by 30.4% in the fourth quarter. Dana Investment Advisors Inc. now owns 185,302 shares of the semiconductor company’s stock valued at $2,685,000 after acquiring an additional 43,149 shares during the period. Bernzott Capital Advisors lifted its position in Vishay Intertechnology by 12.9% during the fourth quarter. Bernzott Capital Advisors now owns 549,780 shares of the semiconductor company’s stock worth $7,966,000 after purchasing an additional 62,753 shares during the period. Tudor Investment Corp ET AL bought a new stake in Vishay Intertechnology during the third quarter worth about $12,306,000. SG Americas Securities LLC lifted its position in Vishay Intertechnology by 355.0% during the fourth quarter. SG Americas Securities LLC now owns 149,461 shares of the semiconductor company’s stock worth $2,166,000 after purchasing an additional 116,609 shares during the period. Finally, UBS Group AG lifted its position in Vishay Intertechnology by 173.0% during the fourth quarter. UBS Group AG now owns 995,668 shares of the semiconductor company’s stock worth $14,427,000 after purchasing an additional 630,917 shares during the period. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Price Performance

NYSE:VSH opened at $64.69 on Tuesday. Vishay Intertechnology has a one year low of $11.77 and a one year high of $69.47. The company has a market cap of $8.80 billion, a P/E ratio of 6,468.90 and a beta of 1.76. The firm’s fifty day moving average price is $41.76 and its two-hundred day moving average price is $25.92. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The firm had revenue of $839.24 million for the quarter, compared to the consensus estimate of $823.54 million. During the same period in the previous year, the company earned ($0.03) earnings per share. The company’s quarterly revenue was up 17.3% on a year-over-year basis. Equities analysts expect that Vishay Intertechnology will post 0.75 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

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

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.