Vishay Intertechnology (NYSE:VSH) Sets New 12-Month High – What’s Next?

Shares of Vishay Intertechnology, Inc. (NYSE:VSH) reached a new 52-week high during trading on Wednesday . The company traded as high as $27.21 and last traded at $26.9350, with a volume of 3861011 shares traded. The stock had previously closed at $26.33.

Analyst Upgrades and Downgrades

Several brokerages recently commented on VSH. Bank of America lifted their target price on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a report on Thursday, January 22nd. Zacks Research raised shares of Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. Argus raised shares of Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $18.00.

Vishay Intertechnology Stock Up 1.6%

The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 2.62. The stock has a market cap of $3.72 billion, a P/E ratio of -391.00 and a beta of 1.13. The stock’s fifty day simple moving average is $19.69 and its 200-day simple moving average is $17.35.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). The firm had revenue of $800.92 million during the quarter, compared to analyst estimates of $790.47 million. Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The business’s revenue was up 12.1% on a year-over-year basis. As a group, research analysts forecast that Vishay Intertechnology, Inc. will post 0.51 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Thursday, March 12th. Vishay Intertechnology’s dividend payout ratio is currently -571.43%.

Hedge Funds Weigh In On Vishay Intertechnology

A number of institutional investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue grew its holdings in Vishay Intertechnology by 25.6% during the 3rd quarter. State of Alaska Department of Revenue now owns 247,392 shares of the semiconductor company’s stock worth $3,784,000 after acquiring an additional 50,467 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in Vishay Intertechnology during the 3rd quarter worth approximately $1,911,000. Tudor Investment Corp ET AL bought a new stake in Vishay Intertechnology during the 3rd quarter worth approximately $12,306,000. Live Oak Private Wealth LLC grew its holdings in Vishay Intertechnology by 45.7% during the 3rd quarter. Live Oak Private Wealth LLC now owns 442,758 shares of the semiconductor company’s stock worth $6,774,000 after acquiring an additional 138,965 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new stake in Vishay Intertechnology during the 3rd quarter worth approximately $2,006,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.