Vishay Intertechnology (NYSE:VSH) Stock Price Down 7.5% – What’s Next?

Vishay Intertechnology, Inc. (NYSE:VSH)’s share price traded down 7.5% during mid-day trading on Monday . The stock traded as low as $36.42 and last traded at $35.3330. Approximately 746,079 shares traded hands during trading, a decline of 83% from the average session volume of 4,502,339 shares. The stock had previously closed at $38.21.

Wall Street Analysts Forecast Growth

VSH has been the subject of a number of research reports. Weiss Ratings upgraded shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 27th. Bank of America lifted their price target 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. Zacks Research downgraded shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Finally, Wall Street Zen lowered Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $24.00.

Vishay Intertechnology Stock Performance

The business’s fifty day moving average is $50.42 and its two-hundred day moving average is $31.54. The stock has a market capitalization of $4.88 billion, a PE ratio of 3,589.00 and a beta of 1.76. The company has a quick ratio of 1.53, a current ratio of 2.64 and a debt-to-equity ratio of 0.47.

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

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Thursday, June 18th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Thursday, June 18th. Vishay Intertechnology’s dividend payout ratio is currently 4,000.00%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mizuho Markets Americas LLC raised its position in Vishay Intertechnology by 71.0% during the first quarter. Mizuho Markets Americas LLC now owns 963,167 shares of the semiconductor company’s stock valued at $17,337,000 after purchasing an additional 399,800 shares during the period. Dana Investment Advisors Inc. boosted its holdings in shares of Vishay Intertechnology by 30.4% in the 4th quarter. Dana Investment Advisors Inc. now owns 185,302 shares of the semiconductor company’s stock worth $2,685,000 after purchasing an additional 43,149 shares during the period. Bernzott Capital Advisors boosted its holdings in shares of Vishay Intertechnology by 12.9% in the 4th 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. Dean Capital Management increased its position in shares of Vishay Intertechnology by 317.1% during the 1st quarter. Dean Capital Management now owns 92,643 shares of the semiconductor company’s stock valued at $1,668,000 after purchasing an additional 70,432 shares during the last quarter. Finally, UBS Group AG increased its position in shares of Vishay Intertechnology by 173.0% during the 4th quarter. UBS Group AG now owns 995,668 shares of the semiconductor company’s stock valued at $14,427,000 after purchasing an additional 630,917 shares during the last quarter. Hedge funds and other 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.