Vishay Intertechnology (NYSE:VSH - Get Free Report) was upgraded by stock analysts at StockNews.com from a "sell" rating to a "hold" rating in a research note issued on Thursday.
Separately, TD Cowen lowered their target price on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating on the stock in a research note on Thursday, August 8th.
Check Out Our Latest Report on Vishay Intertechnology
Vishay Intertechnology Stock Performance
Shares of NYSE VSH traded down $0.64 during mid-day trading on Thursday, reaching $18.26. 1,617,817 shares of the company's stock were exchanged, compared to its average volume of 1,325,642. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of 30.44 and a beta of 1.12. Vishay Intertechnology has a 52 week low of $14.95 and a 52 week high of $24.72. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85. The firm has a 50-day moving average price of $17.63 and a two-hundred day moving average price of $20.21.
Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.06). The business had revenue of $735.35 million for the quarter, compared to the consensus estimate of $748.84 million. Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. The company's revenue for the quarter was down 13.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.60 earnings per share. Analysts predict that Vishay Intertechnology will post 0.55 EPS for the current year.
Hedge Funds Weigh In On Vishay Intertechnology
Large investors have recently modified their holdings of the business. Matrix Trust Co purchased a new position in shares of Vishay Intertechnology in the third quarter worth about $25,000. nVerses Capital LLC purchased a new position in shares of Vishay Intertechnology in the second quarter worth about $45,000. Northwestern Mutual Wealth Management Co. grew its stake in Vishay Intertechnology by 11,136.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company's stock valued at $48,000 after acquiring an additional 2,116 shares in the last quarter. Adirondack Trust Co. grew its stake in Vishay Intertechnology by 71.4% during the third quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company's stock valued at $91,000 after acquiring an additional 2,000 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale purchased a new position in Vishay Intertechnology during the third quarter valued at approximately $101,000. Hedge funds and other institutional investors own 93.66% of the company's stock.
Vishay Intertechnology Company Profile
(
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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.
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