Brokerages Set Vishay Intertechnology, Inc. (NYSE:VSH) Target Price at $18.00

Vishay Intertechnology, Inc. (NYSE:VSH) has been assigned an average recommendation of “Reduce” from the five research firms that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $18.00.

VSH has been the topic of several recent analyst reports. Argus upgraded shares of Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Bank of America lifted their price objective on Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research report on Thursday, January 22nd. Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a research note on Wednesday, January 21st. Zacks Research lowered Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. Finally, JPMorgan Chase & Co. raised 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.

Vishay Intertechnology Price Performance

Vishay Intertechnology stock opened at $17.30 on Friday. The stock’s 50 day moving average is $18.27 and its 200 day moving average is $16.27. Vishay Intertechnology has a one year low of $10.35 and a one year high of $22.00. The firm has a market cap of $2.35 billion, a P/E ratio of -247.04 and a beta of 1.14. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.62 and a quick ratio of 1.57.

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

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be paid a $0.10 dividend. The ex-dividend date is Thursday, March 12th. This represents a $0.40 annualized dividend and a dividend yield of 2.3%. Vishay Intertechnology’s payout ratio is currently -571.43%.

Institutional Investors Weigh In On Vishay Intertechnology

Large investors have recently bought and sold shares of the stock. 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 purchasing an additional 1,575 shares in the last quarter. Quarry LP acquired a new position in Vishay Intertechnology during the 3rd quarter worth approximately $39,000. Empowered Funds LLC bought a new position in Vishay Intertechnology in the fourth quarter worth approximately $57,000. Hantz Financial Services Inc. boosted its holdings in Vishay Intertechnology by 255.8% in the fourth 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. Finally, Mitsubishi UFJ Trust & Banking Corp acquired a new stake in Vishay Intertechnology in the fourth quarter valued at approximately $87,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

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.