Zacks: Analysts Expect Vishay Intertechnology (NYSE:VSH) to Post $0.22 Earnings Per Share

Analysts forecast that Vishay Intertechnology (NYSE:VSH) will report earnings of $0.22 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Vishay Intertechnology’s earnings, with estimates ranging from $0.22 to $0.23. Vishay Intertechnology posted earnings of $0.60 per share in the same quarter last year, which would suggest a negative year over year growth rate of 63.3%. The business is scheduled to issue its next earnings report before the market opens on Tuesday, October 29th.

On average, analysts expect that Vishay Intertechnology will report full-year earnings of $1.29 per share for the current financial year, with EPS estimates ranging from $1.27 to $1.30. For the next fiscal year, analysts forecast that the business will report earnings of $1.07 per share, with EPS estimates ranging from $1.03 to $1.13. Zacks’ EPS calculations are a mean average based on a survey of research firms that follow Vishay Intertechnology.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Tuesday, July 30th. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.01. The company had revenue of $685.20 million for the quarter, compared to analyst estimates of $685.76 million. Vishay Intertechnology had a net margin of 10.05% and a return on equity of 21.03%. The firm’s quarterly revenue was down 10.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.54 EPS.

VSH has been the topic of several recent analyst reports. BNP Paribas upgraded shares of Vishay Intertechnology from a “neutral” rating to an “outperform” rating in a report on Thursday, August 29th. Zacks Investment Research lowered shares of Vishay Intertechnology from a “hold” rating to a “sell” rating and set a $17.00 price objective on the stock. in a report on Saturday, July 13th. Exane BNP Paribas upgraded shares of Vishay Intertechnology from a “neutral” rating to an “outperform” rating in a report on Thursday, August 29th. Finally, ValuEngine upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $19.00.

Shares of VSH stock traded down $0.32 during trading hours on Friday, hitting $17.98. 775,601 shares of the company were exchanged, compared to its average volume of 837,709. The firm has a market cap of $2.64 billion, a PE ratio of 8.48 and a beta of 1.51. Vishay Intertechnology has a 1 year low of $14.36 and a 1 year high of $22.94. The company has a quick ratio of 2.51, a current ratio of 3.41 and a debt-to-equity ratio of 0.41. The firm has a fifty day moving average of $17.11 and a 200 day moving average of $17.05.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 12th were issued a dividend of $0.095 per share. The ex-dividend date was Wednesday, September 11th. This represents a $0.38 annualized dividend and a dividend yield of 2.11%. Vishay Intertechnology’s payout ratio is currently 17.92%.

Hedge funds have recently made changes to their positions in the company. Riverhead Capital Management LLC lifted its holdings in shares of Vishay Intertechnology by 31.6% during the 2nd quarter. Riverhead Capital Management LLC now owns 16,245 shares of the semiconductor company’s stock worth $268,000 after acquiring an additional 3,900 shares during the period. Commonwealth Bank of Australia increased its position in Vishay Intertechnology by 50.0% during the 2nd quarter. Commonwealth Bank of Australia now owns 18,000 shares of the semiconductor company’s stock worth $297,000 after purchasing an additional 6,000 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in Vishay Intertechnology during the 2nd quarter worth approximately $201,000. JPMorgan Chase & Co. increased its position in Vishay Intertechnology by 8.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 605,421 shares of the semiconductor company’s stock worth $9,795,000 after purchasing an additional 45,432 shares in the last quarter. Finally, CSat Investment Advisory L.P. acquired a new stake in Vishay Intertechnology during the 2nd quarter worth approximately $307,000. Institutional investors and hedge funds own 86.95% of the company’s stock.

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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