Vishay Intertechnology (NYSE:VSH) Stock Crosses Above 200 Day Moving Average – What’s Next?

Vishay Intertechnology, Inc. (NYSE:VSH)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $16.47 and traded as high as $17.29. Vishay Intertechnology shares last traded at $16.5760, with a volume of 2,595,387 shares changing hands.

Analysts Set New Price Targets

Several research firms have issued reports on VSH. Zacks Research downgraded Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th. Bank of America lifted their target price on Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. upped their price target on Vishay Intertechnology from $14.00 to $20.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. Finally, Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Vishay Intertechnology currently has a consensus rating of “Reduce” and an average target price of $18.00.

Vishay Intertechnology Trading Up 2.6%

The business’s 50 day simple moving average is $18.57 and its 200-day simple moving average is $16.51. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.62 and a quick ratio of 1.57. The stock has a market capitalization of $2.51 billion, a P/E ratio of -263.79 and a beta of 1.13.

Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The business had revenue of $800.92 million for the quarter, compared to the consensus estimate of $790.47 million. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. As a group, analysts forecast that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, March 12th. This represents a $0.40 dividend on an annualized basis and a yield of 2.2%. Vishay Intertechnology’s dividend payout ratio (DPR) is -571.43%.

Institutional Trading of Vishay Intertechnology

A number of institutional investors and hedge funds have recently modified their holdings of VSH. Jones Financial Companies Lllp boosted its stake in Vishay Intertechnology by 709.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 1,575 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in Vishay Intertechnology by 212.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 1,402 shares during the period. Quarry LP acquired a new stake in Vishay Intertechnology in the third quarter worth $39,000. Empowered Funds LLC bought a new position in shares of Vishay Intertechnology during the fourth quarter worth $57,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of Vishay Intertechnology by 255.8% in the 4th quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock valued at $74,000 after buying an additional 3,684 shares during the period. 93.66% of the stock is owned by institutional investors.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.