Vishay Intertechnology (NYSE:VSH) Expected to Post Quarterly Sales of $685.15 Million

Brokerages expect that Vishay Intertechnology (NYSE:VSH) will announce sales of $685.15 million for the current quarter, Zacks reports. Two analysts have issued estimates for Vishay Intertechnology’s earnings, with estimates ranging from $685.00 million to $685.30 million. Vishay Intertechnology posted sales of $761.03 million during the same quarter last year, which would indicate a negative year over year growth rate of 10%. The company is scheduled to report its next earnings report before the market opens on Tuesday, July 30th.

On average, analysts expect that Vishay Intertechnology will report full year sales of $2.76 billion for the current financial year, with estimates ranging from $2.71 billion to $2.83 billion. For the next fiscal year, analysts expect that the business will report sales of $2.75 billion, with estimates ranging from $2.65 billion to $2.87 billion. Zacks’ sales calculations are an average based on a survey of sell-side analysts that follow Vishay Intertechnology.

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

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. First Trust Advisors LP increased its position in shares of Vishay Intertechnology by 231.9% during the fourth quarter. First Trust Advisors LP now owns 112,258 shares of the semiconductor company’s stock worth $2,022,000 after purchasing an additional 78,438 shares in the last quarter. LPL Financial LLC increased its position in shares of Vishay Intertechnology by 6.0% during the fourth quarter. LPL Financial LLC now owns 13,013 shares of the semiconductor company’s stock worth $234,000 after purchasing an additional 735 shares in the last quarter. Great West Life Assurance Co. Can increased its position in shares of Vishay Intertechnology by 11.9% during the fourth quarter. Great West Life Assurance Co. Can now owns 85,023 shares of the semiconductor company’s stock worth $1,421,000 after purchasing an additional 9,055 shares in the last quarter. Stifel Financial Corp acquired a new stake in shares of Vishay Intertechnology during the fourth quarter worth about $214,000. Finally, California State Teachers Retirement System increased its position in shares of Vishay Intertechnology by 3.1% during the fourth quarter. California State Teachers Retirement System now owns 209,176 shares of the semiconductor company’s stock worth $3,767,000 after purchasing an additional 6,383 shares in the last quarter. 90.84% of the stock is owned by institutional investors.

VSH stock traded down $0.02 during trading on Tuesday, hitting $16.02. 759,888 shares of the stock traded hands, compared to its average volume of 991,610. Vishay Intertechnology has a one year low of $15.06 and a one year high of $26.15. The stock has a market cap of $2.31 billion, a PE ratio of 7.56, a price-to-earnings-growth ratio of 1.23 and a beta of 1.54. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.25 and a current ratio of 3.09. The stock has a 50 day moving average of $15.89.

The business 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. The ex-dividend date of this dividend was Wednesday, June 12th. This is an increase from Vishay Intertechnology’s previous quarterly dividend of $0.09. This represents a $0.38 dividend on an annualized basis and a dividend yield of 2.37%. Vishay Intertechnology’s payout ratio is currently 17.92%.

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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