Vishay Intertechnology (NYSE:VSH) Stock Rating Upgraded by ValuEngine

Vishay Intertechnology (NYSE:VSH) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Thursday, ValuEngine reports.

A number of other analysts have also weighed in on VSH. Zacks Investment Research lowered Vishay Intertechnology from a “hold” rating to a “sell” rating and set a $17.00 target price for the company. in a report on Saturday, July 13th. Cowen assumed coverage on Vishay Intertechnology in a report on Tuesday, May 21st. They set a “market perform” rating and a $17.00 price objective for the company. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $22.20.

Vishay Intertechnology stock traded down $0.25 during mid-day trading on Thursday, reaching $16.75. 2,082,412 shares of the company were exchanged, compared to its average volume of 1,268,499. The firm’s fifty day moving average is $16.22. 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 firm has a market cap of $2.53 billion, a price-to-earnings ratio of 7.90, a P/E/G ratio of 1.35 and a beta of 1.54. Vishay Intertechnology has a 12-month low of $15.06 and a 12-month high of $25.80.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Tuesday, July 30th. The semiconductor company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The company had revenue of $685.20 million during the quarter, compared to analyst estimates of $685.76 million. Vishay Intertechnology had a return on equity of 23.80% and a net margin of 11.72%. Vishay Intertechnology’s revenue was down 10.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.54 earnings per share. As a group, equities research analysts predict that Vishay Intertechnology will post 1.42 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of VSH. LPL Financial LLC lifted its holdings in shares of Vishay Intertechnology by 6.0% during the 4th quarter. LPL Financial LLC now owns 13,013 shares of the semiconductor company’s stock valued at $234,000 after purchasing an additional 735 shares during the last quarter. Stifel Financial Corp purchased a new stake in shares of Vishay Intertechnology during the 4th quarter valued at $214,000. Bank of America Corp DE increased its position in shares of Vishay Intertechnology by 26.6% in the 4th quarter. Bank of America Corp DE now owns 1,242,310 shares of the semiconductor company’s stock valued at $22,374,000 after acquiring an additional 261,277 shares during the period. Municipal Employees Retirement System of Michigan acquired a new position in shares of Vishay Intertechnology in the 4th quarter valued at $572,000. Finally, Thrivent Financial for Lutherans increased its position in shares of Vishay Intertechnology by 38.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 44,148 shares of the semiconductor company’s stock valued at $795,000 after acquiring an additional 12,264 shares during the period. Hedge funds and other institutional investors own 90.77% of the company’s stock.

About Vishay Intertechnology

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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