Vishay Intertechnology (NYSE:VSH) Releases Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Vishay Intertechnology (NYSE:VSH) issued its quarterly earnings results on Wednesday. The semiconductor company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.08, FiscalAI reports. The firm had revenue of $978.94 million during the quarter, compared to the consensus estimate of $965.40 million. Vishay Intertechnology had a return on equity of 3.80% and a net margin of 2.72%. The company’s revenue was up 23.8% on a year-over-year basis. During the same period last year, the company earned $0.04 earnings per share.

Here are the key takeaways from Vishay Intertechnology’s conference call:

• Vishay reported record third-quarter revenue of $979 million, up 24% year over year and above guidance. Gross margin rose to 25.5%, and EPS was $0.37.
• Bookings increased 15%, with a 1.29 book-to-bill and a $2.2 billion backlog (6.6 months). Management cited strong demand across industrial, AI, automotive, and aerospace and defense, alongside customer efforts to secure supply.
• For Q4, the company forecast revenue of $990 million, plus or minus $15 million, and gross margin of 26%, exceeding its previously stated year-end margin goal. Management said it expects sequential revenue growth despite holiday closures.
• Management said Vishay 3.0 initiatives are supporting market-share gains through expanded capacity, broader customer and product coverage, and competitive lead times. It is targeting nearly $200 million in AI revenue this year, versus about $100 million last year.
• Despite improved Q3 cash generation, Vishay expects full-year 2026 free cash flow to be close to break-even, citing capacity expansion spending and a planned reduction in its receivables securitization program. Some equipment spending has also shifted into 2027.

Vishay Intertechnology Trading Up 5.7%

Shares of VSH stock traded up $1.25 on Friday, reaching $23.27. 1,516,373 shares of the company’s stock were exchanged, compared to its average volume of 4,357,154. The company has a current ratio of 3.31, a quick ratio of 1.27 and a debt-to-equity ratio of 0.25. The company’s fifty day simple moving average is $30.92 and its 200 day simple moving average is $32.15. Vishay Intertechnology has a 52 week low of $11.77 and a 52 week high of $69.47. The stock has a market capitalization of $3.57 billion, a PE ratio of 37.50, a P/E/G ratio of 3.05 and a beta of 1.90.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Thursday, September 10th. Vishay Intertechnology’s payout ratio is presently 64.52%.

Insider Activity at Vishay Intertechnology

In other news, Director Raanan Zilberman sold 16,575 shares of the business’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $35.82, for a total value of $593,716.50. Following the completion of the transaction, the director directly owned 31,937 shares of the company’s stock, valued at approximately $1,143,983.34. The trade was a 34.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 8.35% of the company’s stock.

Analyst Upgrades and Downgrades

VSH has been the subject of a number of research reports. Oppenheimer upped their price objective on Vishay Intertechnology from $42.00 to $45.00 and gave the company an “outperform” rating in a research report on Thursday, October 8th. Truist Financial started coverage on Vishay Intertechnology in a research note on Thursday, September 3rd. They set a “buy” rating and a $42.00 price target for the company. Williams Trading set a $38.00 price target on shares of Vishay Intertechnology in a research report on Thursday. Wall Street Zen raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Finally, Zacks Research cut shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $35.86.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of electronic components used in industrial, automotive, computing, telecommunications, consumer electronics, aerospace and defense, and medical applications. The company’s portfolio includes passive components and semiconductor products that support power management, signal processing, sensing, connectivity and energy conversion.

Its products include resistors, capacitors, inductors, diodes, rectifiers, power MOSFETs, optoelectronic components, sensors, transducers and related power and circuit-protection devices.