Analysts Anticipate Vishay Intertechnology (VSH) Will Announce Quarterly Sales of $665.00 Million
Wall Street brokerages forecast that Vishay Intertechnology (NYSE:VSH) will report $665.00 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Vishay Intertechnology’s earnings. Vishay Intertechnology reported sales of $570.82 million in the same quarter last year, which would suggest a positive year over year growth rate of 16.5%. The firm is scheduled to issue its next earnings report on Tuesday, February 6th.
On average, analysts expect that Vishay Intertechnology will report full year sales of $665.00 million for the current fiscal year. For the next financial year, analysts anticipate that the firm will post sales of $2.75 billion per share. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that that provide coverage for Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Thursday, October 26th. The semiconductor company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.37 by $0.05. Vishay Intertechnology had a net margin of 4.34% and a return on equity of 11.77%. The company had revenue of $677.90 million for the quarter, compared to the consensus estimate of $660.32 million. During the same period in the previous year, the firm earned $0.25 earnings per share. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis.
VSH has been the topic of several analyst reports. Zacks Investment Research raised shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 target price on the stock in a research note on Thursday, October 5th. Citigroup lifted their target price on shares of Vishay Intertechnology from $16.00 to $19.00 and gave the stock a “sell” rating in a research note on Friday, October 27th. Finally, Stifel Nicolaus lifted their target price on shares of Vishay Intertechnology from $18.00 to $20.00 and gave the stock a “hold” rating in a research note on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $20.33.
Vishay Intertechnology (NYSE VSH) opened at $21.25 on Wednesday. The company has a quick ratio of 3.44, a current ratio of 4.33 and a debt-to-equity ratio of 0.38. Vishay Intertechnology has a one year low of $15.35 and a one year high of $23.45. The company has a market cap of $3,060.00, a price-to-earnings ratio of 31.25, a P/E/G ratio of 0.68 and a beta of 1.20.
The company also recently announced a quarterly dividend, which was paid on Thursday, December 21st. Investors of record on Thursday, December 7th were paid a $0.0675 dividend. This represents a $0.27 annualized dividend and a dividend yield of 1.27%. This is an increase from Vishay Intertechnology’s previous quarterly dividend of $0.06. The ex-dividend date was Wednesday, December 6th. Vishay Intertechnology’s payout ratio is presently 39.71%.
In related news, CEO Gerald Paul sold 50,000 shares of Vishay Intertechnology stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $21.37, for a total value of $1,068,500.00. Following the sale, the chief executive officer now owns 162,986 shares in the company, valued at $3,483,010.82. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Abraham Ludomirski sold 20,000 shares of Vishay Intertechnology stock in a transaction on Monday, October 30th. The shares were sold at an average price of $21.79, for a total transaction of $435,800.00. Following the completion of the sale, the director now owns 86,232 shares in the company, valued at approximately $1,878,995.28. The disclosure for this sale can be found here. 7.91% of the stock is owned by insiders.
Large investors have recently added to or reduced their stakes in the stock. Fox Run Management L.L.C. bought a new stake in Vishay Intertechnology in the third quarter valued at $934,000. State Street Corp boosted its holdings in Vishay Intertechnology by 6.5% in the second quarter. State Street Corp now owns 4,824,475 shares of the semiconductor company’s stock valued at $80,084,000 after acquiring an additional 295,455 shares in the last quarter. Schroder Investment Management Group boosted its holdings in Vishay Intertechnology by 11.5% in the third quarter. Schroder Investment Management Group now owns 7,205,858 shares of the semiconductor company’s stock valued at $134,750,000 after acquiring an additional 744,701 shares in the last quarter. American International Group Inc. boosted its holdings in Vishay Intertechnology by 2.8% in the third quarter. American International Group Inc. now owns 364,719 shares of the semiconductor company’s stock valued at $6,857,000 after acquiring an additional 9,946 shares in the last quarter. Finally, Legal & General Group Plc boosted its holdings in Vishay Intertechnology by 2.5% in the third quarter. Legal & General Group Plc now owns 198,511 shares of the semiconductor company’s stock valued at $3,728,000 after acquiring an additional 4,851 shares in the last quarter.
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About Vishay Intertechnology
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.
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