Vishay Intertechnology (NYSE:VSH) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Vishay Intertechnology (NYSE:VSHFree Report) from a hold rating to a strong-buy rating in a research note published on Wednesday,Zacks.com reports.

A number of other analysts have also recently commented on VSH. Weiss Ratings upgraded Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday. Bank of America boosted their price target on Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research note on Thursday. Argus raised shares of Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Two analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Vishay Intertechnology presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

View Our Latest Stock Analysis on VSH

Vishay Intertechnology Trading Down 0.9%

NYSE:VSH opened at $38.14 on Wednesday. The company has a current ratio of 2.64, a quick ratio of 1.57 and a debt-to-equity ratio of 0.47. Vishay Intertechnology has a 12 month low of $11.77 and a 12 month high of $40.07. The company has a market cap of $5.18 billion, a PE ratio of 3,813.70 and a beta of 1.53. The company has a 50 day simple moving average of $23.04 and a two-hundred day simple moving average of $18.81.

Vishay Intertechnology (NYSE:VSHGet Free Report) last announced its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The business had revenue of $839.24 million during the quarter, compared to analyst estimates of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The company’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.03) EPS. Research analysts forecast that Vishay Intertechnology will post 0.52 earnings per share for the current year.

Hedge Funds Weigh In On Vishay Intertechnology

A number of institutional investors have recently bought and sold shares of VSH. Vanguard Group Inc. lifted its position in Vishay Intertechnology by 2.3% during the third quarter. Vanguard Group Inc. now owns 16,617,109 shares of the semiconductor company’s stock valued at $254,242,000 after purchasing an additional 375,378 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Vishay Intertechnology by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 7,102,376 shares of the semiconductor company’s stock worth $127,830,000 after buying an additional 208,472 shares in the last quarter. Woodline Partners LP raised its stake in shares of Vishay Intertechnology by 25.3% in the third quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock worth $104,251,000 after buying an additional 1,377,356 shares during the period. American Century Companies Inc. lifted its position in shares of Vishay Intertechnology by 0.9% during the 3rd quarter. American Century Companies Inc. now owns 4,180,606 shares of the semiconductor company’s stock valued at $63,963,000 after buying an additional 36,791 shares in the last quarter. Finally, Deprince Race & Zollo Inc. lifted its position in shares of Vishay Intertechnology by 8.4% during the 1st quarter. Deprince Race & Zollo Inc. now owns 3,181,050 shares of the semiconductor company’s stock valued at $57,259,000 after buying an additional 247,060 shares in the last quarter. 93.66% of the stock is owned by institutional investors.

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About Vishay Intertechnology

(Get Free Report)

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.

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