Equities research analysts expect Vishay Intertechnology, Inc. (NYSE:VSH) to report earnings per share (EPS) of $0.36 for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Vishay Intertechnology’s earnings. The lowest EPS estimate is $0.36 and the highest is $0.37. Vishay Intertechnology posted earnings of $0.25 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 44%. The company is expected to report its next earnings report on Monday, November 6th.
According to Zacks, analysts expect that Vishay Intertechnology will report full year earnings of $1.34 per share for the current financial year, with EPS estimates ranging from $1.29 to $1.38. For the next financial year, analysts anticipate that the company will report earnings of $1.37 per share, with EPS estimates ranging from $1.28 to $1.44. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that follow Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Thursday, August 3rd. The semiconductor company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.34 by $0.02. The company had revenue of $644.89 million for the quarter, compared to the consensus estimate of $643.19 million. Vishay Intertechnology had a return on equity of 9.89% and a net margin of 3.34%. Vishay Intertechnology’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the business posted $0.23 EPS.
Several research firms recently weighed in on VSH. BidaskClub upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. Stifel Nicolaus restated a “hold” rating and set a $17.00 target price on shares of Vishay Intertechnology in a report on Friday, July 14th. Zacks Investment Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $20.00 target price on the stock in a report on Friday, July 14th. Finally, ValuEngine raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Vishay Intertechnology currently has a consensus rating of “Buy” and a consensus target price of $18.50.
Shares of Vishay Intertechnology (VSH) traded up 1.16% during mid-day trading on Monday, reaching $17.40. The company’s stock had a trading volume of 354,862 shares. The stock has a market cap of $2.54 billion, a P/E ratio of 33.02 and a beta of 1.22. The stock has a 50 day moving average of $17.34 and a 200-day moving average of $16.59. Vishay Intertechnology has a one year low of $13.37 and a one year high of $18.55.
Vishay Intertechnology announced that its board has initiated a stock buyback program on Wednesday, August 2nd that permits the company to buyback $150.00 million in outstanding shares. This buyback authorization permits the semiconductor company to buy up to 5.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its stock is undervalued.
A number of large investors have recently added to or reduced their stakes in VSH. Bayesian Capital Management LP bought a new stake in Vishay Intertechnology during the second quarter valued at $212,000. Numeric Investors LLC increased its stake in Vishay Intertechnology by 110.9% in the second quarter. Numeric Investors LLC now owns 1,554,375 shares of the semiconductor company’s stock valued at $25,803,000 after buying an additional 817,200 shares during the last quarter. Voya Investment Management LLC increased its stake in Vishay Intertechnology by 1.1% in the second quarter. Voya Investment Management LLC now owns 381,022 shares of the semiconductor company’s stock valued at $6,325,000 after buying an additional 4,221 shares during the last quarter. Quentec Asset Management LLC bought a new stake in Vishay Intertechnology during the second quarter valued at $12,035,000. Finally, OxFORD Asset Management LLP bought a new stake in Vishay Intertechnology during the second quarter valued at $788,000.
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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