Vishay Intertechnology, Inc. (NYSE:VSH) Stock Has Consensus Target Price of $36.17 According to Brokerages

Vishay Intertechnology, Inc. (NYSE:VSH) has been assigned a consensus recommendation of “Moderate Buy” from the nine analysts that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $36.17.

A number of equities analysts have recently issued reports on the stock. Raymond James Financial started coverage on shares of Vishay Intertechnology in a research report on Tuesday, August 4th. They set an “outperform” rating and a $40.00 target price on the stock. Wall Street Zen downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Saturday, September 5th. Needham & Company LLC started 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. Truist Financial assumed coverage on Vishay Intertechnology in a research report on Thursday, September 3rd. They set a “buy” rating and a $42.00 target price for the company. Finally, Weiss Ratings lowered Vishay Intertechnology from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 25th.

Vishay Intertechnology Stock Up 5.1%

Shares of NYSE VSH opened at $34.22 on Friday. The stock has a market cap of $5.25 billion, a PE ratio of 180.14, a PEG ratio of 3.84 and a beta of 1.79. The business has a fifty day moving average of $32.68 and a two-hundred day moving average of $36.40. Vishay Intertechnology has a 52-week low of $11.77 and a 52-week high of $69.47. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.27 and a current ratio of 1.80.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $897.03 million. During the same quarter in the prior year, the firm earned ($0.07) EPS. The firm’s quarterly revenue was up 16.6% compared to the same quarter last year. As a group, equities research analysts expect that Vishay Intertechnology will post 0.85 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, September 10th. Vishay Intertechnology’s payout ratio is currently 210.53%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Carolina Wealth Advisors LLC bought a new position in Vishay Intertechnology in the second quarter valued at approximately $32,000. Rakuten Securities Inc. acquired a new position in shares of Vishay Intertechnology in the 2nd quarter valued at $47,000. Integrated Wealth Concepts LLC bought a new position in shares of Vishay Intertechnology in the 2nd quarter worth $49,000. Allworth Financial LP bought a new position in shares of Vishay Intertechnology in the 2nd quarter worth $54,000. Finally, EFG International AG acquired a new stake in shares of Vishay Intertechnology during the second quarter worth $72,000. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc (NYSE:VSH) is a manufacturer of electronic components used in a broad range of electrical and electronic systems. Its portfolio includes passive components such as resistors, capacitors, inductors and sensors, as well as semiconductor products including diodes, rectifiers, MOSFETs and optoelectronic devices.

The company’s products support applications in automotive, industrial, computing, telecommunications, consumer electronics, medical equipment, aerospace and defense.