Vishay Intertechnology (NYSE:VSH) Stock Rating Upgraded by Wall Street Zen

by · The Markets Daily

Vishay Intertechnology (NYSE:VSH – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Several other equities research analysts have also weighed in on the company. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Truist Financial began coverage on Vishay Intertechnology in a report on Thursday, September 3rd. They issued a “buy” rating and a $42.00 price objective for the company. Oppenheimer increased their price objective on Vishay Intertechnology from $42.00 to $45.00 and gave the stock an “outperform” rating in a report on Thursday. Needham & Company LLC began coverage on Vishay Intertechnology in a research report on Tuesday, August 4th. They set a “buy” rating and a $45.00 price objective for the company. Finally, Weiss Ratings cut shares of Vishay Intertechnology from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, September 25th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Vishay Intertechnology currently has a consensus rating of “Moderate Buy” and an average price target of $36.67.

Check Out Our Latest Analysis on VSH

Vishay Intertechnology Stock Performance

Shares of VSH opened at $34.08 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27. Vishay Intertechnology has a one year low of $11.77 and a one year high of $69.47. The company has a 50-day simple moving average of $32.93 and a two-hundred day simple moving average of $37.20. The firm has a market capitalization of $5.23 billion, a PE ratio of 179.37, a price-to-earnings-growth ratio of 4.01 and a beta of 1.79.

Vishay Intertechnology (NYSE:VSH – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.04. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%. The business had revenue of $918.58 million for the quarter, compared to analysts’ expectations of $897.03 million. During the same period in the previous year, the firm posted ($0.07) EPS. The business’s revenue was up 16.6% on a year-over-year basis. On average, analysts anticipate that Vishay Intertechnology will post 0.85 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Raanan Zilberman sold 16,575 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $35.82, for a total transaction of $593,716.50. Following the completion of the transaction, the director owned 31,937 shares of the company’s stock, valued at $1,143,983.34. This trade represents a 34.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.35% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Vishay Intertechnology

Several hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC raised its position in Vishay Intertechnology by 15.4% in the 3rd quarter. GAMMA Investing LLC now owns 10,687 shares of the semiconductor company’s stock worth $348,000 after buying an additional 1,426 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Vishay Intertechnology by 275.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,503 shares of the semiconductor company’s stock valued at $114,000 after acquiring an additional 2,571 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in shares of Vishay Intertechnology during the 2nd quarter valued at about $385,000. Tidal Investments LLC purchased a new stake in shares of Vishay Intertechnology during the 2nd quarter valued at about $1,449,000. Finally, BlueCrest Capital Management Ltd bought a new stake in shares of Vishay Intertechnology in the second quarter worth approximately $10,756,000. 93.66% of the stock is owned by institutional investors.

Vishay Intertechnology Company Profile

(Get Free Report)

Vishay Intertechnology, Inc (NYSE:VSH) is a manufacturer of electronic components used in a broad range of electrical and electronic systems. Its portfolio includes passive components such as resistors, capacitors, inductors and sensors, as well as semiconductor products including diodes, rectifiers, MOSFETs and optoelectronic devices.

The company’s products support applications in automotive, industrial, computing, telecommunications, consumer electronics, medical equipment, aerospace and defense.

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