Vishay Intertechnology (NYSE:VSH) Shares Gap Up – Should You Buy?

Shares of Vishay Intertechnology, Inc. (NYSE:VSH) gapped up before the market opened on Monday . The stock had previously closed at $64.90, but opened at $68.46. Vishay Intertechnology shares last traded at $64.6250, with a volume of 1,598,187 shares traded.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on VSH. Bank of America upped their price target on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a report on Thursday, May 14th. Wall Street Zen cut Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings raised shares of Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

Vishay Intertechnology Stock Performance

The company has a market cap of $8.79 billion, a price-to-earnings ratio of 6,425.40 and a beta of 1.76. The firm’s 50 day simple moving average is $41.76 and its 200-day simple moving average is $26.01. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 2.64.

Vishay Intertechnology (NYSE:VSH) last posted 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. The firm had revenue of $839.24 million for the quarter, compared to the consensus estimate of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The company’s revenue for the quarter was up 17.3% on a year-over-year basis. During the same period last year, the firm posted ($0.03) earnings per share. On average, sell-side analysts predict that Vishay Intertechnology, Inc. will post 0.75 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Thursday, June 18th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, June 18th. Vishay Intertechnology’s payout ratio is currently 4,000.00%.

Hedge Funds Weigh In On Vishay Intertechnology

A number of institutional investors have recently added to or reduced their stakes in VSH. Vanguard Group Inc. boosted its stake in Vishay Intertechnology by 2.3% during the third quarter. Vanguard Group Inc. now owns 16,617,109 shares of the semiconductor company’s stock worth $254,242,000 after buying an additional 375,378 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Vishay Intertechnology by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,102,376 shares of the semiconductor company’s stock valued at $127,830,000 after acquiring an additional 208,472 shares during the last quarter. Woodline Partners LP grew its holdings in shares of Vishay Intertechnology by 25.3% in the third quarter. Woodline Partners LP now owns 6,813,765 shares of the semiconductor company’s stock valued at $104,251,000 after purchasing an additional 1,377,356 shares during the period. American Century Companies Inc. increased its position in Vishay Intertechnology by 0.9% during the third quarter. American Century Companies Inc. now owns 4,180,606 shares of the semiconductor company’s stock worth $63,963,000 after purchasing an additional 36,791 shares during the last quarter. Finally, Deprince Race & Zollo Inc. raised its stake in Vishay Intertechnology by 8.4% during the first quarter. Deprince Race & Zollo Inc. now owns 3,181,050 shares of the semiconductor company’s stock worth $57,259,000 after purchasing an additional 247,060 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.

About Vishay Intertechnology

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.