Vishay Intertechnology (NYSE:VSH) Issues Earnings Results

Vishay Intertechnology (NYSE:VSH) posted its earnings results on Wednesday. The semiconductor company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.02, Briefing.com reports. Vishay Intertechnology had a net margin of 9.52% and a return on equity of 15.72%. The firm had revenue of $746.30 million for the quarter, compared to the consensus estimate of $735.96 million. During the same period last year, the firm posted $0.79 EPS. The company’s revenue was down 14.3% on a year-over-year basis. Vishay Intertechnology updated its Q2 2024 guidance to EPS.

Vishay Intertechnology Stock Performance

NYSE VSH opened at $22.97 on Wednesday. The business’s 50-day moving average price is $22.25 and its 200 day moving average price is $22.48. The company has a quick ratio of 2.38, a current ratio of 3.32 and a debt-to-equity ratio of 0.37. The firm has a market cap of $3.16 billion, a P/E ratio of 9.94 and a beta of 1.21. Vishay Intertechnology has a 52-week low of $20.83 and a 52-week high of $30.10.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 14th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 1.74%. Vishay Intertechnology’s dividend payout ratio (DPR) is 17.32%.

Insider Transactions at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 26,154 shares of the firm’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $22.83, for a total value of $597,095.82. Following the completion of the sale, the chairman now owns 73,678 shares in the company, valued at $1,682,068.74. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 8.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus reissued a “buy” rating and issued a $25.00 target price on shares of Vishay Intertechnology in a research report on Wednesday, April 3rd.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.