News

Brokerages Set Vishay Intertechnology, Inc. (VSH) PT at $15.00

Jul 13, 2017
49 Views

Vishay Intertechnology logoVishay Intertechnology, Inc. (NYSE:VSH) has been assigned a consensus rating of “Buy” from the six ratings firms that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $15.00.

Several brokerages have recently weighed in on VSH. Zacks Investment Research raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Friday, April 14th. ValuEngine raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, BidaskClub cut shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd.

Vishay Intertechnology (VSH) traded down 0.29% during mid-day trading on Friday, reaching $17.20. The company’s stock had a trading volume of 261,663 shares. The company has a 50-day moving average price of $16.59 and a 200-day moving average price of $16.35. Vishay Intertechnology has a 12-month low of $11.89 and a 12-month high of $17.60. The firm has a market cap of $2.51 billion, a PE ratio of 45.03 and a beta of 1.21.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, May 3rd. The semiconductor company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.05. Vishay Intertechnology had a net margin of 2.44% and a return on equity of 8.68%. The business had revenue of $606 million during the quarter, compared to analysts’ expectations of $598.72 million. During the same quarter in the prior year, the company posted $0.19 EPS. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, equities research analysts expect that Vishay Intertechnology will post $1.20 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, June 29th. Stockholders of record on Thursday, June 15th were given a dividend of $0.0625 per share. The ex-dividend date was Tuesday, June 13th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.45%. Vishay Intertechnology’s payout ratio is currently 67.57%.

In other Vishay Intertechnology news, insider Gerald Paul sold 50,000 shares of the stock in a transaction on Friday, May 12th. The shares were sold at an average price of $16.76, for a total transaction of $838,000.00. Following the sale, the insider now directly owns 212,986 shares of the company’s stock, valued at $3,569,645.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 7.91% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in VSH. Russell Investments Group Ltd. acquired a new position in Vishay Intertechnology during the fourth quarter worth $5,397,000. Comerica Bank increased its position in Vishay Intertechnology by 5.6% in the fourth quarter. Comerica Bank now owns 100,559 shares of the semiconductor company’s stock valued at $1,689,000 after buying an additional 5,341 shares in the last quarter. State Street Corp increased its position in Vishay Intertechnology by 1.0% in the fourth quarter. State Street Corp now owns 4,476,042 shares of the semiconductor company’s stock valued at $72,518,000 after buying an additional 43,968 shares in the last quarter. Marshall Wace LLP increased its position in Vishay Intertechnology by 220.4% in the fourth quarter. Marshall Wace LLP now owns 80,814 shares of the semiconductor company’s stock valued at $1,309,000 after buying an additional 55,593 shares in the last quarter. Finally, Elkfork Partners LLC bought a new stake in shares of Vishay Intertechnology during the fourth quarter valued at $116,000.

ILLEGAL ACTIVITY NOTICE: “Brokerages Set Vishay Intertechnology, Inc. (VSH) PT at $15.00” was originally published by BNB Daily and is the sole property of of BNB Daily. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright law. The correct version of this piece of content can be read at https://www.baseball-news-blog.com/2017/07/13/vishay-intertechnology-inc-vsh-receives-average-recommendation-of-hold-from-brokerages-updated.html.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.

Receive News & Ratings for Vishay Intertechnology Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Intertechnology Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

About Blog

Our blog section provides industry news, product reviews, and other relevant information for electronic component enthusiasts and shoppers.

Popular News

Menu