Analysts Expect Vishay Intertechnology (VSH) Will Announce Earnings of $0.36 Per Share
Wall Street analysts expect Vishay Intertechnology (NYSE:VSH) to announce earnings per share of $0.36 for the current fiscal 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 $0.37. Vishay Intertechnology reported earnings per share of $0.18 in the same quarter last year, which would suggest a positive year over year growth rate of 100%. The company is expected to announce its next earnings results on Tuesday, February 6th.
According to Zacks, analysts expect that Vishay Intertechnology will report full-year earnings of $1.41 per share for the current fiscal year. For the next fiscal year, analysts forecast that the business will post earnings of $1.55 per share, with EPS estimates ranging from $1.48 to $1.62. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Thursday, October 26th. The semiconductor company reported $0.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.05. The company had revenue of $677.90 million for the quarter, compared to analyst estimates of $660.32 million. Vishay Intertechnology had a return on equity of 11.77% and a net margin of 4.34%. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.25 earnings per share.
A number of equities analysts have recently weighed in on VSH shares. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 target price on the stock in a research note on Thursday, October 5th. Citigroup raised their price objective on Vishay Intertechnology from $16.00 to $19.00 and gave the stock a “sell” rating in a research note on Friday, October 27th. Finally, Stifel Nicolaus raised their price objective on Vishay Intertechnology from $18.00 to $20.00 and gave the stock a “hold” rating in a research note on Friday, October 27th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $20.33.
In other news, CEO Gerald Paul sold 50,000 shares of Vishay Intertechnology stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $21.37, for a total value of $1,068,500.00. Following the transaction, the chief executive officer now owns 162,986 shares in the company, valued at approximately $3,483,010.82. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Abraham Ludomirski sold 20,000 shares of Vishay Intertechnology stock in a transaction on Monday, October 30th. The shares were sold at an average price of $21.79, for a total value of $435,800.00. Following the completion of the transaction, the director now owns 86,232 shares in the company, valued at approximately $1,878,995.28. The disclosure for this sale can be found here. 7.91% of the stock is owned by company insiders.
Several institutional investors and hedge funds have recently modified their holdings of VSH. Sei Investments Co. increased its stake in shares of Vishay Intertechnology by 28.5% in the 2nd quarter. Sei Investments Co. now owns 133,279 shares of the semiconductor company’s stock valued at $2,213,000 after purchasing an additional 29,569 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in shares of Vishay Intertechnology by 68.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,191,654 shares of the semiconductor company’s stock valued at $19,782,000 after purchasing an additional 484,220 shares during the last quarter. Arizona State Retirement System increased its stake in shares of Vishay Intertechnology by 1.4% in the 2nd quarter. Arizona State Retirement System now owns 56,500 shares of the semiconductor company’s stock valued at $938,000 after purchasing an additional 800 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Vishay Intertechnology by 107.7% in the 2nd quarter. First Trust Advisors LP now owns 108,206 shares of the semiconductor company’s stock valued at $1,796,000 after purchasing an additional 56,109 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new position in shares of Vishay Intertechnology in the 2nd quarter valued at $201,000.
Shares of Vishay Intertechnology (NYSE VSH) traded down $0.25 during midday trading on Friday, hitting $21.45. The stock had a trading volume of 574,850 shares, compared to its average volume of 1,460,585. The company has a market capitalization of $3,189.97, a price-to-earnings ratio of 31.54, a P/E/G ratio of 0.75 and a beta of 1.19. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.44 and a current ratio of 4.33. Vishay Intertechnology has a one year low of $15.35 and a one year high of $23.45.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 21st. Shareholders of record on Thursday, December 7th were paid a dividend of $0.0675 per share. This represents a $0.27 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend was Wednesday, December 6th. This is a positive change from Vishay Intertechnology’s previous quarterly dividend of $0.06. Vishay Intertechnology’s dividend payout ratio (DPR) is 39.71%.
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Vishay Intertechnology Company Profile
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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