Zacks: Brokerages Anticipate Vishay Intertechnology (VSH) to Announce $0.47 EPS

Wall Street analysts expect that Vishay Intertechnology (NYSE:VSH) will post earnings of $0.47 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Vishay Intertechnology’s earnings, with the highest EPS estimate coming in at $0.49 and the lowest estimate coming in at $0.46. Vishay Intertechnology posted earnings per share of $0.36 in the same quarter last year, which would indicate a positive year-over-year growth rate of 30.6%. The business is scheduled to issue its next quarterly earnings report on Thursday, August 2nd.

According to Zacks, analysts expect that Vishay Intertechnology will report full-year earnings of $1.78 per share for the current financial year, with EPS estimates ranging from $1.74 to $1.82. For the next financial year, analysts forecast that the company will post earnings of $1.85 per share, with EPS estimates ranging from $1.79 to $1.90. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Vishay Intertechnology.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Tuesday, May 8th. The semiconductor company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.04. Vishay Intertechnology had a net margin of 0.20% and a return on equity of 15.57%. The firm had revenue of $716.80 million for the quarter, compared to analyst estimates of $694.06 million. During the same period last year, the firm earned $0.28 earnings per share. The business’s quarterly revenue was up 18.5% compared to the same quarter last year.



A number of research firms recently weighed in on VSH. Zacks Investment Research raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Friday. Bank of America raised shares of Vishay Intertechnology from an “underperform” rating to a “buy” rating and raised their price target for the company from $20.00 to $24.00 in a research report on Wednesday, May 9th. ValuEngine lowered shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. TheStreet lowered shares of Vishay Intertechnology from an “a-” rating to a “c+” rating in a research report on Tuesday, February 6th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $20.00 price target (down from $23.00) on shares of Vishay Intertechnology in a research report on Wednesday, February 7th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Vishay Intertechnology currently has an average rating of “Hold” and a consensus target price of $21.75.

Shares of Vishay Intertechnology traded up $0.17, reaching $21.27, during trading hours on Monday, according to MarketBeat. 27,484 shares of the stock traded hands, compared to its average volume of 1,385,366. The company has a debt-to-equity ratio of 0.43, a current ratio of 4.34 and a quick ratio of 3.47. Vishay Intertechnology has a 52 week low of $21.15 and a 52 week high of $21.55. The firm has a market capitalization of $3.04 billion, a P/E ratio of 14.76, a PEG ratio of 1.95 and a beta of 1.29.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 28th. Investors of record on Wednesday, June 13th will be issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend is Tuesday, June 12th. This is an increase from Vishay Intertechnology’s previous quarterly dividend of $0.07. Vishay Intertechnology’s dividend payout ratio (DPR) is 18.88%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. increased its stake in shares of Vishay Intertechnology by 3.1% in the first quarter. BlackRock Inc. now owns 16,244,515 shares of the semiconductor company’s stock worth $302,148,000 after purchasing an additional 495,641 shares in the last quarter. LSV Asset Management increased its stake in shares of Vishay Intertechnology by 1.1% in the first quarter. LSV Asset Management now owns 7,213,185 shares of the semiconductor company’s stock worth $134,165,000 after purchasing an additional 82,000 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Vishay Intertechnology by 16.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,896,737 shares of the semiconductor company’s stock worth $60,107,000 after purchasing an additional 400,100 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Vishay Intertechnology by 10.1% in the first quarter. JPMorgan Chase & Co. now owns 2,461,349 shares of the semiconductor company’s stock worth $45,781,000 after purchasing an additional 224,821 shares in the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Vishay Intertechnology by 175.1% in the fourth quarter. Renaissance Technologies LLC now owns 1,326,825 shares of the semiconductor company’s stock worth $27,532,000 after purchasing an additional 844,600 shares in the last quarter.

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.

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