Vishay Intertechnology (NYSE:VSH) Reaches New 12-Month Low - What's Next?

Vishay Intertechnology, Inc. (NYSE:VSH - Get Free Report)'s stock price reached a new 52-week low on Monday . The stock traded as low as $15.27 and last traded at $15.37, with a volume of 19811 shares trading hands. The stock had previously closed at $15.36.

Wall Street Analysts Forecast Growth

VSH has been the topic of a number of research analyst reports. TD Cowen reduced their price target on shares of Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating on the stock in a research note on Thursday, August 8th. StockNews.com cut shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a research note on Monday, November 11th.

Vishay Intertechnology Trading Down 0.9 %

The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 24.60 and a beta of 1.09. The business's 50-day simple moving average is $17.86 and its two-hundred day simple moving average is $20.71. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.06). Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. The company had revenue of $735.35 million during the quarter, compared to the consensus estimate of $748.84 million. During the same quarter last year, the firm posted $0.60 EPS. The firm's quarterly revenue was down 13.9% on a year-over-year basis. On average, research analysts anticipate that Vishay Intertechnology, Inc. will post 0.55 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd will be paid a dividend of $0.10 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.40 annualized dividend and a yield of 2.63%. Vishay Intertechnology's payout ratio is 64.52%.

Hedge Funds Weigh In On Vishay Intertechnology

Several hedge funds and other institutional investors have recently modified their holdings of the company. Mountaineer Partners Management LLC grew its position in Vishay Intertechnology by 924.9% in the 3rd quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company's stock valued at $394,161,000 after buying an additional 18,810,325 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Vishay Intertechnology by 5.0% during the 1st quarter. Vanguard Group Inc. now owns 14,919,132 shares of the semiconductor company's stock valued at $338,366,000 after purchasing an additional 714,275 shares in the last quarter. Deprince Race & Zollo Inc. boosted its position in shares of Vishay Intertechnology by 94.0% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 3,129,207 shares of the semiconductor company's stock valued at $69,781,000 after purchasing an additional 1,516,368 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Vishay Intertechnology by 12.7% during the 2nd quarter. American Century Companies Inc. now owns 3,109,768 shares of the semiconductor company's stock valued at $69,348,000 after purchasing an additional 350,512 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in shares of Vishay Intertechnology by 2.5% during the 3rd quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company's stock valued at $50,548,000 after purchasing an additional 66,268 shares in the last quarter. Institutional investors and hedge funds own 93.66% of the company's stock.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.