$765.00 Million in Sales Expected for Vishay Intertechnology (VSH) This Quarter
Wall Street brokerages predict that Vishay Intertechnology (NYSE:VSH) will post sales of $765.00 million for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Vishay Intertechnology’s earnings. Vishay Intertechnology posted sales of $674.49 million during the same quarter last year, which would indicate a positive year over year growth rate of 13.4%. The business is scheduled to announce its next quarterly earnings report on Tuesday, February 5th.
According to Zacks, analysts expect that Vishay Intertechnology will report full-year sales of $3.02 billion for the current year. For the next year, analysts expect that the firm will report sales of $3.19 billion, with estimates ranging from $3.18 billion to $3.21 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last released its earnings results on Tuesday, October 30th. The semiconductor company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.07. The business had revenue of $780.97 million for the quarter, compared to the consensus estimate of $779.78 million. Vishay Intertechnology had a net margin of 2.24% and a return on equity of 20.82%. The firm’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period last year, the firm posted $0.42 earnings per share.
Shares of Vishay Intertechnology stock traded down $0.25 during trading on Monday, hitting $19.13. The stock had a trading volume of 1,723,856 shares, compared to its average volume of 2,186,240. The company has a market cap of $2.82 billion, a P/E ratio of 10.25, a price-to-earnings-growth ratio of 1.04 and a beta of 1.33. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.71 and a quick ratio of 2.82. Vishay Intertechnology has a 1 year low of $16.87 and a 1 year high of $26.50.
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 20th. Investors of record on Thursday, December 6th will be issued a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Wednesday, December 5th. Vishay Intertechnology’s dividend payout ratio is currently 23.78%.
In related news, Director Thomas C. Wertheimer sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 12th. The shares were sold at an average price of $20.88, for a total transaction of $208,800.00. Following the completion of the sale, the director now directly owns 51,137 shares in the company, valued at $1,067,740.56. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 7.91% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of VSH. FNY Investment Advisers LLC acquired a new stake in Vishay Intertechnology in the second quarter valued at approximately $124,000. Itau Unibanco Holding S.A. acquired a new stake in Vishay Intertechnology in the second quarter valued at approximately $174,000. MERIAN GLOBAL INVESTORS UK Ltd acquired a new stake in Vishay Intertechnology in the third quarter valued at approximately $201,000. Parametrica Management Ltd acquired a new stake in Vishay Intertechnology in the second quarter valued at approximately $205,000. Finally, Palouse Capital Management Inc. acquired a new stake in Vishay Intertechnology in the third quarter valued at approximately $215,000. Hedge funds and other institutional investors own 98.08% of the company’s stock.
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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