Brokerages Anticipate Vishay Intertechnology (NYSE:VSH) to Announce $0.34 EPS

Wall Street brokerages expect that Vishay Intertechnology (NYSE:VSH) will post earnings of $0.34 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Vishay Intertechnology’s earnings. The highest EPS estimate is $0.35 and the lowest is $0.32. Vishay Intertechnology reported earnings of $0.54 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 37%. The company is expected to announce its next earnings results before the market opens on Tuesday, July 30th.

On average, analysts expect that Vishay Intertechnology will report full year earnings of $1.42 per share for the current fiscal year, with EPS estimates ranging from $1.33 to $1.51. For the next year, analysts expect that the company will post earnings of $1.45 per share, with EPS estimates ranging from $1.29 to $1.63. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that cover Vishay Intertechnology.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Thursday, May 9th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. The company had revenue of $745.16 million during the quarter, compared to the consensus estimate of $754.26 million. Vishay Intertechnology had a return on equity of 23.80% and a net margin of 11.72%. Vishay Intertechnology’s revenue was up 4.0% on a year-over-year basis. During the same period last year, the company earned $0.40 earnings per share.

A number of analysts recently issued reports on the company. Zacks Investment Research upgraded Vistra Energy from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research report on Saturday, July 13th. ValuEngine downgraded Zumiez from a “hold” rating to a “sell” rating in a research report on Monday, May 13th. Finally, Cowen assumed coverage on Littelfuse in a research report on Tuesday, May 21st. They issued an “outperform” rating and a $210.00 price target for the company. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Vishay Intertechnology presently has an average rating of “Hold” and an average price target of $22.20.

VSH traded down $0.02 during trading on Friday, reaching $16.02. The company had a trading volume of 759,888 shares, compared to its average volume of 991,610. The company has a market capitalization of $2.31 billion, a PE ratio of 7.56, a P/E/G ratio of 1.23 and a beta of 1.54. The business’s 50 day moving average is $15.89. Vishay Intertechnology has a 52 week low of $15.06 and a 52 week high of $26.15. The company has a current ratio of 3.09, a quick ratio of 2.25 and a debt-to-equity ratio of 0.40.

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Shareholders of record on Thursday, June 13th were paid a $0.095 dividend. This is a positive change from Vishay Intertechnology’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, June 12th. This represents a $0.38 dividend on an annualized basis and a yield of 2.37%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 17.92%.

Hedge funds have recently added to or reduced their stakes in the business. First Trust Advisors LP boosted its holdings in shares of Vishay Intertechnology by 231.9% in the 4th quarter. First Trust Advisors LP now owns 112,258 shares of the semiconductor company’s stock worth $2,022,000 after buying an additional 78,438 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Vishay Intertechnology by 6.0% in the 4th quarter. LPL Financial LLC now owns 13,013 shares of the semiconductor company’s stock worth $234,000 after buying an additional 735 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of Vishay Intertechnology by 2,396.2% in the 4th quarter. Citigroup Inc. now owns 71,266 shares of the semiconductor company’s stock worth $1,284,000 after buying an additional 68,411 shares during the last quarter. Great West Life Assurance Co. Can boosted its holdings in shares of Vishay Intertechnology by 11.9% in the 4th quarter. Great West Life Assurance Co. Can now owns 85,023 shares of the semiconductor company’s stock worth $1,421,000 after buying an additional 9,055 shares during the last quarter. Finally, Stifel Financial Corp purchased a new stake in Vishay Intertechnology during the fourth quarter valued at about $214,000. Institutional investors and hedge funds own 90.84% 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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