Vishay Intertechnology (NYSE:VSH) Shares Gap Down to $16.08

Vishay Intertechnology (NYSE:VSH)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $16.45, but opened at $16.08. Vishay Intertechnology shares last traded at $15.35, with a volume of 2,285,244 shares trading hands.

VSH has been the topic of several analyst reports. Cowen initiated coverage on shares of Littelfuse in a report on Tuesday, May 21st. They issued an “outperform” rating and a $210.00 target price on the stock. ValuEngine downgraded shares of Zumiez from a “hold” rating to a “sell” rating in a report on Monday, May 13th. Finally, Zacks Investment Research downgraded shares of G1 Therapeutics from a “buy” rating to a “hold” rating in a report on Thursday, May 16th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. Vishay Intertechnology currently has a consensus rating of “Hold” and a consensus price target of $23.20.

The stock has a market capitalization of $2.31 billion, a price-to-earnings ratio of 7.24, a PEG ratio of 1.08 and a beta of 1.54. The company’s fifty day moving average price is $15.85. The company has a current ratio of 3.09, a quick ratio of 2.25 and a debt-to-equity ratio of 0.40.



Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Thursday, May 9th. The semiconductor company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. The firm had revenue of $745.16 million for the quarter, compared to the consensus estimate of $754.26 million. Vishay Intertechnology had a net margin of 11.72% and a return on equity of 23.80%. The firm’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.40 earnings per share. As a group, equities analysts predict that Vishay Intertechnology will post 1.65 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, June 13th were issued a dividend of $0.095 per share. The ex-dividend date was Wednesday, June 12th. This represents a $0.38 dividend on an annualized basis and a yield of 2.48%. This is an increase from Vishay Intertechnology’s previous quarterly dividend of $0.09. Vishay Intertechnology’s payout ratio is currently 17.92%.

A number of hedge funds have recently added to or reduced their stakes in VSH. Meeder Asset Management Inc. purchased a new stake in Vishay Intertechnology during the first quarter worth about $37,000. Strs Ohio boosted its holdings in Vishay Intertechnology by 8.2% during the first quarter. Strs Ohio now owns 9,200 shares of the semiconductor company’s stock worth $169,000 after buying an additional 700 shares in the last quarter. Stifel Financial Corp purchased a new stake in Vishay Intertechnology during the fourth quarter worth about $214,000. Cerebellum GP LLC boosted its holdings in Vishay Intertechnology by 620.4% during the first quarter. Cerebellum GP LLC now owns 11,858 shares of the semiconductor company’s stock worth $219,000 after buying an additional 10,212 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in Vishay Intertechnology by 6.0% during the fourth quarter. LPL Financial LLC now owns 13,013 shares of the semiconductor company’s stock worth $234,000 after buying an additional 735 shares in the last quarter. 89.54% of the stock is currently owned by hedge funds and other institutional investors.

About Vishay Intertechnology (NYSE:VSH)

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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