Vishay Intertechnology (NYSE:VSH) Trading Up 10.3% – Time to Buy?

Vishay Intertechnology, Inc. (NYSE:VSH) traded up 10.3% during trading on Friday . The company traded as high as $46.13 and last traded at $46.4940. 1,668,020 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 2,908,367 shares. The stock had previously closed at $42.17.

Analyst Ratings Changes

Several equities analysts recently issued reports on VSH shares. Bank of America increased their target price on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research note on Thursday, May 14th. Wall Street Zen raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Argus raised Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. increased their target price on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Finally, Weiss Ratings raised Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 13th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $24.00.

Vishay Intertechnology Trading Up 11.4%

The company has a fifty day simple moving average of $25.19 and a two-hundred day simple moving average of $19.57. The company has a current ratio of 2.64, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47. The company has a market cap of $6.38 billion, a PE ratio of 4,699.20 and a beta of 1.53.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The company had revenue of $839.24 million for the quarter, compared to the consensus estimate of $823.54 million. During the same quarter in the prior year, the business earned ($0.03) EPS. Vishay Intertechnology’s revenue was up 17.3% on a year-over-year basis. Analysts anticipate that Vishay Intertechnology, Inc. will post 0.64 EPS for the current year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Thursday, June 18th will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, June 18th. This represents a $0.40 annualized dividend and a yield of 0.9%. Vishay Intertechnology’s dividend payout ratio is 4,000.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VSH. Jones Financial Companies Lllp boosted its position in shares of 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 in the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Vishay Intertechnology by 212.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 1,402 shares in the last quarter. Quarry LP acquired a new position in shares of Vishay Intertechnology during the 3rd quarter worth about $39,000. Empowered Funds LLC acquired a new position in shares of Vishay Intertechnology during the 4th quarter worth about $57,000. Finally, Hantz Financial Services Inc. boosted its position in shares of Vishay Intertechnology by 255.8% during the 4th quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock worth $74,000 after acquiring an additional 3,684 shares in the last quarter. 93.66% of the stock is owned by institutional investors and hedge funds.

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.