Analysts Expect Vishay Intertechnology (VSH) Will Announce Earnings of $0.37 Per Share

Analysts forecast that Vishay Intertechnology (NYSE:VSH) will announce earnings of $0.37 per share for the current quarter, Zacks reports. Two analysts have issued estimates for Vishay Intertechnology’s earnings, with the lowest EPS estimate coming in at $0.35 and the highest estimate coming in at $0.40. Vishay Intertechnology reported earnings per share of $0.28 during the same quarter last year, which would suggest a positive year over year growth rate of 32.1%. The business is scheduled to report its next quarterly earnings results on Wednesday, May 2nd.

According to Zacks, analysts expect that Vishay Intertechnology will report full year earnings of $1.57 per share for the current fiscal year, with EPS estimates ranging from $1.48 to $1.62. For the next fiscal year, analysts forecast that the business will post earnings of $1.72 per share, with EPS estimates ranging from $1.61 to $1.83. Zacks Investment Research’s earnings per share averages are an 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, February 6th. The semiconductor company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.02). Vishay Intertechnology had a negative net margin of 0.78% and a positive return on equity of 14.07%. The business had revenue of $674.50 million during the quarter, compared to analysts’ expectations of $677.51 million. During the same period in the previous year, the company posted $0.18 earnings per share. Vishay Intertechnology’s quarterly revenue was up 18.2% on a year-over-year basis.

VSH has been the subject of a number of research reports. Stifel Nicolaus upped their target price on shares of Vishay Intertechnology from $18.00 to $20.00 and gave the company a “hold” rating in a report on Friday, October 27th. Citigroup increased their price target on shares of Vishay Intertechnology from $16.00 to $19.00 and gave the stock a “sell” rating in a report on Friday, October 27th. Zacks Investment Research cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Thursday, December 28th. Finally, TheStreet cut shares of Vishay Intertechnology from an “a-” rating to a “c+” rating in a report on Tuesday, February 6th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $22.00.

Shares of Vishay Intertechnology (NYSE VSH) opened at $17.45 on Monday. Vishay Intertechnology has a 1-year low of $15.40 and a 1-year high of $23.85. The company has a quick ratio of 3.11, a current ratio of 3.88 and a debt-to-equity ratio of 0.44. The company has a market cap of $2,594.60, a PE ratio of 12.34, a PEG ratio of 2.30 and a beta of 1.21.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company raised its holdings in Vishay Intertechnology by 0.4% during the second quarter. The Manufacturers Life Insurance Company now owns 295,221 shares of the semiconductor company’s stock worth $4,900,000 after purchasing an additional 1,105 shares in the last quarter. Teachers Retirement System of The State of Kentucky raised its holdings in Vishay Intertechnology by 7.3% during the second quarter. Teachers Retirement System of The State of Kentucky now owns 29,280 shares of the semiconductor company’s stock worth $486,000 after purchasing an additional 2,000 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Vishay Intertechnology by 35.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,220 shares of the semiconductor company’s stock worth $191,000 after purchasing an additional 2,420 shares in the last quarter. Wedge Capital Management L L P NC raised its holdings in Vishay Intertechnology by 10.4% during the fourth quarter. Wedge Capital Management L L P NC now owns 29,290 shares of the semiconductor company’s stock worth $608,000 after purchasing an additional 2,750 shares in the last quarter. Finally, Aperio Group LLC raised its holdings in Vishay Intertechnology by 5.0% during the fourth quarter. Aperio Group LLC now owns 59,644 shares of the semiconductor company’s stock worth $1,238,000 after purchasing an additional 2,854 shares in the last quarter.

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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.

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