Somewhat Favorable News Coverage Somewhat Unlikely to Affect Vishay Intertechnology (NYSE:VSH) Share Price
Media coverage about Vishay Intertechnology (NYSE:VSH) has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Vishay Intertechnology earned a news impact score of 0.18 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 47.2835436132254 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern’s rankings:
- IHS Markit Score Update: Drop in demand for ETFs holding Vishay Intertechnology Inc is a negative sign for its shares (finance.yahoo.com)
- New Vishay Intertechnology Rotational Absolute Magnetic Encoder Displacement Sensor: Higher Durability, Reliability Over Hall Effect Potentiometers (finance.yahoo.com)
- Vishay Intertechnology RF MLCCs Offer Reliability and Design Flexibility With Industry’s First Operating Temps to +200 °C in Small Cases (finance.yahoo.com)
- Vishay Intertechnology, Inc. :VSH-US: Earnings Analysis: Q2, 2017 By the Numbers : August 7, 2017 (finance.yahoo.com)
Shares of Vishay Intertechnology (NYSE:VSH) traded up 0.29% during midday trading on Friday, hitting $17.20. 1,677,652 shares of the company were exchanged. Vishay Intertechnology has a one year low of $13.37 and a one year high of $18.55. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 32.64 and a beta of 1.22. The firm’s 50 day moving average price is $17.34 and its 200 day moving average price is $16.59.
Vishay Intertechnology (NYSE:VSH) last issued its earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.02. The business had revenue of $644.89 million for the quarter, compared to analyst estimates of $643.19 million. Vishay Intertechnology had a net margin of 3.34% and a return on equity of 9.89%. Vishay Intertechnology’s revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.23 earnings per share. Analysts forecast that Vishay Intertechnology will post $1.34 EPS for the current fiscal year.
Vishay Intertechnology declared that its Board of Directors has initiated a stock buyback program on Wednesday, August 2nd that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the semiconductor company to purchase up to 5.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.
VSH has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Friday, April 14th. BidaskClub upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. ValuEngine upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $17.00 target price on shares of Vishay Intertechnology in a report on Friday, July 14th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Vishay Intertechnology has a consensus rating of “Buy” and an average target price of $18.50.
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Vishay Intertechnology Company Profile
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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