Vishay Intertechnology, Inc. (NYSE:VSH) Stock Has Average Price Target of $36.67

Vishay Intertechnology, Inc. (NYSE:VSH) has been given a consensus rating of “Moderate Buy” by the nine brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $36.67.

A number of brokerages recently issued reports on VSH. Raymond James Financial assumed coverage on Vishay Intertechnology in a research note on Tuesday, August 4th. They issued an “outperform” rating and a $40.00 price objective on the stock. Needham & Company LLC initiated coverage on Vishay Intertechnology in a research report on Tuesday, August 4th. They issued a “buy” rating and a $45.00 price objective on the stock. Wall Street Zen upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Zacks Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. Finally, Weiss Ratings cut shares of Vishay Intertechnology from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 25th.

Insider Activity at Vishay Intertechnology

In other news, Director Raanan Zilberman sold 16,575 shares of the stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $35.82, for a total transaction of $593,716.50. Following the completion of the sale, the director directly owned 31,937 shares in the company, valued at approximately $1,143,983.34. This represents a 34.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 8.35% of the company’s stock.

Institutional Trading of Vishay Intertechnology

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Counterpoint Mutual Funds LLC bought a new stake in shares of Vishay Intertechnology during the 3rd quarter valued at about $282,000. Assenagon Asset Management S.A. bought a new position in Vishay Intertechnology in the 3rd quarter valued at approximately $38,800,000. Fortitude Family Office LLC boosted its holdings in shares of Vishay Intertechnology by 988.5% during the 3rd quarter. Fortitude Family Office LLC now owns 1,611 shares of the semiconductor company’s stock valued at $52,000 after acquiring an additional 1,463 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Vishay Intertechnology by 15.4% in the third quarter. GAMMA Investing LLC now owns 10,687 shares of the semiconductor company’s stock worth $348,000 after acquiring an additional 1,426 shares during the period. Finally, Farther Finance Advisors LLC grew its position in Vishay Intertechnology by 275.9% during the third quarter. Farther Finance Advisors LLC now owns 3,503 shares of the semiconductor company’s stock valued at $114,000 after buying an additional 2,571 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Stock Up 2.9%

Shares of NYSE:VSH opened at $28.52 on Tuesday. The company has a market capitalization of $4.37 billion, a PE ratio of 150.09, a price-to-earnings-growth ratio of 3.27 and a beta of 1.79. The business has a fifty day moving average price of $32.31 and a two-hundred day moving average price of $37.71. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27. Vishay Intertechnology has a 1 year low of $11.77 and a 1 year high of $69.47.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The business had revenue of $918.58 million during the quarter, compared to the consensus estimate of $897.03 million. During the same quarter last year, the company posted ($0.07) earnings per share. The firm’s quarterly revenue was up 16.6% compared to the same quarter last year. Analysts forecast that Vishay Intertechnology will post 0.85 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, September 10th. Vishay Intertechnology’s dividend payout ratio is 210.53%.

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.