Vishay Intertechnology (VSH) Expected to Announce Earnings of $0.51 Per Share

Share on StockTwits

Analysts expect that Vishay Intertechnology (NYSE:VSH) will announce $0.51 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Vishay Intertechnology’s earnings, with the highest EPS estimate coming in at $0.52 and the lowest estimate coming in at $0.50. Vishay Intertechnology reported earnings of $0.37 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 37.8%. The firm is expected to announce its next earnings report on Tuesday, February 5th.

According to Zacks, analysts expect that Vishay Intertechnology will report full-year earnings of $2.05 per share for the current year, with EPS estimates ranging from $2.05 to $2.06. For the next financial year, analysts anticipate that the business will report earnings of $2.20 per share, with EPS estimates ranging from $2.04 to $2.30. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Vishay Intertechnology.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Tuesday, October 30th. The semiconductor company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.07. The firm had revenue of $780.97 million during the quarter, compared to the consensus estimate of $779.78 million. Vishay Intertechnology had a net margin of 2.24% and a return on equity of 20.82%. The company’s revenue was up 15.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.42 earnings per share.

A number of equities analysts recently commented on VSH shares. Citigroup boosted their target price on shares of Vishay Intertechnology from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, August 8th. Zacks Investment Research downgraded shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating and set a $22.00 target price for the company. in a research note on Saturday, October 13th. ValuEngine downgraded shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Thursday, August 9th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $24.00 target price on shares of Vishay Intertechnology in a research note on Wednesday, August 8th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Vishay Intertechnology currently has a consensus rating of “Hold” and an average target price of $25.00.

In related news, Director Thomas C. Wertheimer sold 10,000 shares of the business’s stock in a transaction on Wednesday, September 12th. The shares were sold at an average price of $20.88, for a total transaction of $208,800.00. Following the completion of the transaction, the director now owns 51,137 shares in the company, valued at $1,067,740.56. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 7.91% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in VSH. Sensato Investors LLC purchased a new stake in Vishay Intertechnology in the second quarter valued at $19,150,000. DNB Asset Management AS lifted its position in Vishay Intertechnology by 19.2% in the third quarter. DNB Asset Management AS now owns 4,953,569 shares of the semiconductor company’s stock valued at $100,805,000 after acquiring an additional 797,238 shares during the last quarter. Bank of Montreal Can lifted its position in Vishay Intertechnology by 195.6% in the second quarter. Bank of Montreal Can now owns 1,008,837 shares of the semiconductor company’s stock valued at $23,405,000 after acquiring an additional 667,519 shares during the last quarter. BlackRock Inc. lifted its position in Vishay Intertechnology by 3.8% in the third quarter. BlackRock Inc. now owns 16,341,405 shares of the semiconductor company’s stock valued at $332,546,000 after acquiring an additional 598,503 shares during the last quarter. Finally, Millennium Management LLC lifted its position in Vishay Intertechnology by 27.8% in the second quarter. Millennium Management LLC now owns 2,415,665 shares of the semiconductor company’s stock valued at $56,043,000 after acquiring an additional 525,023 shares during the last quarter. 98.08% of the stock is owned by hedge funds and other institutional investors.

Shares of VSH stock traded down $0.25 on Friday, reaching $19.13. 1,723,856 shares of the stock were exchanged, compared to its average volume of 2,186,240. The company has a current ratio of 3.71, a quick ratio of 2.82 and a debt-to-equity ratio of 0.46. The company has a market cap of $2.82 billion, a P/E ratio of 10.25, a PEG ratio of 1.04 and a beta of 1.33. Vishay Intertechnology has a twelve month low of $16.87 and a twelve month high of $26.50.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 20th. Investors of record on Thursday, December 6th will be paid a dividend of $0.085 per share. The ex-dividend date is Wednesday, December 5th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.78%. Vishay Intertechnology’s payout ratio is currently 23.78%.

About Vishay Intertechnology

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.

Recommended Story: Moving Average – How it Helps Investors in Stock Selection

Get a free copy of the Zacks research report on Vishay Intertechnology (VSH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Leave a Reply