Wall Street brokerages predict that Vishay Intertechnology (NYSE:VSH) will post $0.54 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Vishay Intertechnology’s earnings, with the lowest EPS estimate coming in at $0.53 and the highest estimate coming in at $0.54. Vishay Intertechnology reported earnings of $0.42 per share in the same quarter last year, which would indicate a positive year over year growth rate of 28.6%. The company is expected to announce its next earnings results before the market opens on Tuesday, October 30th.
According to Zacks, analysts expect that Vishay Intertechnology will report full year earnings of $2.00 per share for the current financial year, with EPS estimates ranging from $1.99 to $2.01. For the next year, analysts expect that the company will report earnings of $2.29 per share, with EPS estimates ranging from $2.00 to $2.61. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Tuesday, August 7th. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.06. The company had revenue of $761.03 million during the quarter, compared to analyst estimates of $767.55 million. Vishay Intertechnology had a net margin of 1.84% and a return on equity of 18.51%.
Several analysts recently issued reports on VSH shares. ValuEngine lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Thursday, August 9th. Stifel Nicolaus restated a “hold” rating and set a $24.00 target price on shares of Vishay Intertechnology in a research report on Wednesday, August 8th. Finally, Citigroup boosted their target price on shares of Vishay Intertechnology from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, August 8th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $25.50.
In related news, Director Thomas C. Wertheimer sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 12th. The shares were sold at an average price of $20.88, for a total transaction of $208,800.00. Following the completion of the sale, the director now directly owns 51,137 shares in the company, valued at $1,067,740.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 8.07% of the company’s stock.
A number of large investors have recently modified their holdings of the business. Bank of Montreal Can lifted its holdings in Vishay Intertechnology by 19.9% during the third quarter. Bank of Montreal Can now owns 1,209,934 shares of the semiconductor company’s stock valued at $24,623,000 after purchasing an additional 201,097 shares in the last quarter. DNB Asset Management AS lifted its holdings in Vishay Intertechnology by 19.2% during the third quarter. DNB Asset Management AS now owns 4,953,569 shares of the semiconductor company’s stock valued at $100,805,000 after purchasing an additional 797,238 shares in the last quarter. Wilsey Asset Management Inc. lifted its holdings in Vishay Intertechnology by 28.2% during the third quarter. Wilsey Asset Management Inc. now owns 567,860 shares of the semiconductor company’s stock valued at $11,539,000 after purchasing an additional 124,766 shares in the last quarter. United Services Automobile Association lifted its holdings in Vishay Intertechnology by 1.1% during the second quarter. United Services Automobile Association now owns 576,650 shares of the semiconductor company’s stock valued at $13,378,000 after purchasing an additional 6,051 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in Vishay Intertechnology by 0.5% during the second quarter. Northern Trust Corp now owns 2,470,879 shares of the semiconductor company’s stock valued at $57,325,000 after purchasing an additional 12,035 shares in the last quarter. 97.04% of the stock is currently owned by institutional investors and hedge funds.
Shares of NYSE VSH opened at $18.35 on Wednesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.89 and a quick ratio of 3.02. The company has a market cap of $2.93 billion, a P/E ratio of 12.83, a price-to-earnings-growth ratio of 1.11 and a beta of 1.24. Vishay Intertechnology has a 12-month low of $17.15 and a 12-month high of $26.50.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 27th. Investors of record on Friday, September 14th were given a dividend of $0.085 per share. The ex-dividend date was Thursday, September 13th. This represents a $0.34 annualized dividend and a yield of 1.85%. Vishay Intertechnology’s dividend payout ratio (DPR) is 23.78%.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.
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