Vishay Intertechnology (NYSE:VSH) reached a new 52-week low on Thursday . The stock traded as low as $15.04 and last traded at $15.07, with a volume of 17208 shares. The stock had previously closed at $15.31.
VSH has been the subject of several recent analyst reports. Zacks Investment Research cut Vishay Intertechnology from a “hold” rating to a “sell” rating and set a $17.00 target price for the company. in a research note on Saturday, July 13th. ValuEngine upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st. Finally, Cowen initiated coverage on Vishay Intertechnology in a research note on Tuesday, May 21st. They set a “market perform” rating and a $17.00 target price for the company.
The firm has a 50 day simple moving average of $16.26 and a two-hundred day simple moving average of $18.26. The company has a quick ratio of 2.51, a current ratio of 3.41 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $2.21 billion, a P/E ratio of 7.34, a PEG ratio of 1.30 and a beta of 1.53.
Vishay Intertechnology (NYSE:VSH) last released its earnings results on Tuesday, July 30th. The semiconductor company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01. Vishay Intertechnology had a return on equity of 21.03% and a net margin of 10.05%. The firm had revenue of $685.20 million during the quarter, compared to analysts’ expectations of $685.76 million. During the same period in the prior year, the company earned $0.54 earnings per share. The company’s quarterly revenue was down 10.0% on a year-over-year basis. On average, research analysts predict that Vishay Intertechnology will post 1.29 earnings per share for the current year.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Nuveen Asset Management LLC acquired a new stake in Vishay Intertechnology during the 2nd quarter worth about $29,928,000. UBS Asset Management Americas Inc. grew its holdings in Vishay Intertechnology by 17.8% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 143,953 shares of the semiconductor company’s stock worth $2,378,000 after acquiring an additional 21,776 shares during the period. CSat Investment Advisory L.P. acquired a new stake in Vishay Intertechnology during the 2nd quarter worth about $307,000. Jane Street Group LLC acquired a new stake in Vishay Intertechnology during the 2nd quarter worth about $402,000. Finally, D. E. Shaw & Co. Inc. grew its holdings in Vishay Intertechnology by 16.4% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 369,330 shares of the semiconductor company’s stock worth $6,101,000 after acquiring an additional 51,943 shares during the period. Institutional investors own 90.53% of the company’s stock.
About Vishay Intertechnology (NYSE:VSH)
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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