$765.00 Million in Sales Expected for Vishay Intertechnology (VSH) This Quarter

Wall Street analysts expect Vishay Intertechnology (NYSE:VSH) to announce $765.00 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for Vishay Intertechnology’s earnings. Vishay Intertechnology reported sales of $674.49 million during the same quarter last year, which would suggest a positive year over year growth rate of 13.4%. The firm is expected to report its next quarterly earnings report on Tuesday, February 5th.

According to Zacks, analysts expect that Vishay Intertechnology will report full year sales of $3.02 billion for the current financial year. For the next financial year, analysts anticipate that the firm will post sales of $3.19 billion, with estimates ranging from $3.18 billion to $3.21 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that that provide coverage for Vishay Intertechnology.

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

Several research analysts have recently commented on the company. Zacks Investment Research raised Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a research report on Friday. ValuEngine lowered Vishay Intertechnology from a “sell” rating to a “strong sell” rating in a report on Monday, October 8th. Stifel Nicolaus restated a “hold” rating and issued a $24.00 target price on shares of Vishay Intertechnology in a research note on Wednesday, August 8th. Finally, Citigroup upped their target price on Vishay Intertechnology from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. Vishay Intertechnology currently has an average rating of “Hold” and a consensus price target of $25.00.

VSH traded up $0.41 during trading hours on Wednesday, reaching $20.85. 2,657,075 shares of the company’s stock traded hands, compared to its average volume of 2,520,231. Vishay Intertechnology has a 52-week low of $16.87 and a 52-week high of $26.50. The stock has a market cap of $2.95 billion, a P/E ratio of 14.58, a PEG ratio of 1.09 and a beta of 1.33. The company has a quick ratio of 2.82, a current ratio of 3.71 and a debt-to-equity ratio of 0.46.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Thursday, December 6th will be paid a $0.085 dividend. The ex-dividend date of this dividend is Wednesday, December 5th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.63%. Vishay Intertechnology’s payout ratio is 23.78%.

In other news, Director Thomas C. Wertheimer sold 10,000 shares of the company’s stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $20.88, for a total value of $208,800.00. Following the sale, the director now owns 51,137 shares in the company, valued at $1,067,740.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 7.91% of the stock is owned by corporate insiders.

A number of hedge funds have recently modified their holdings of VSH. Itau Unibanco Holding S.A. purchased a new position in Vishay Intertechnology during the second quarter worth approximately $174,000. MERIAN GLOBAL INVESTORS UK Ltd purchased a new position in Vishay Intertechnology during the third quarter worth approximately $201,000. Palouse Capital Management Inc. purchased a new position in Vishay Intertechnology during the third quarter worth approximately $215,000. Wakefield Asset Management LLLP purchased a new position in Vishay Intertechnology during the third quarter worth approximately $229,000. Finally, Robeco Institutional Asset Management B.V. purchased a new position in Vishay Intertechnology during the second quarter worth approximately $240,000. Institutional investors own 97.32% of the company’s stock.

Vishay Intertechnology Company Profile

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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