Vishay Intertechnology (NYSE:VSH) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Saturday, Zacks.com reports. They presently have a $17.00 price target on the semiconductor company’s stock. Zacks Investment Research‘s target price indicates a potential upside of 7.73% from the company’s current price.

According to Zacks, “Vishay Intertechnology is riding on its robust MOSFET, capacitors, diodes, resistors and inductors. These are strengthening its performance in the automotive, industrial, medical and military end-markets. Additionally, Vishay’s expanding manufacturing capacities across all product segments are tailwinds. Further, positive contributions from UltraSource buyout and favorable demand conditions in Americas and Europe are contributing well. Estimates have been stable lately ahead of the company’s Q2 earnings release. The company has positive record of earnings surprises in recent quarters. However, sluggishness in optoelectronics product segment is a major concern. Supply has started to catch up demand which is affecting the company’s backlogs and inventories. The stock has underperformed the industry it belongs to over a year.”

A number of other analysts have also recently issued reports on VSH. Cowen assumed coverage on shares of Littelfuse in a research note on Tuesday, May 21st. They issued an “outperform” rating and a $210.00 target price for the company. ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Monday, May 13th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $22.20.

NYSE VSH traded up $0.43 during trading on Friday, reaching $15.78. The company’s stock had a trading volume of 1,106,009 shares, compared to its average volume of 985,220. The company has a quick ratio of 2.25, a current ratio of 3.09 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $2.22 billion, a PE ratio of 7.44, a PEG ratio of 1.11 and a beta of 1.54. The stock has a 50-day simple moving average of $15.85. Vishay Intertechnology has a 1-year low of $15.06 and a 1-year high of $26.50.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Thursday, May 9th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.01. The firm had revenue of $745.16 million during the quarter, compared to analysts’ expectations of $754.26 million. Vishay Intertechnology had a net margin of 11.72% and a return on equity of 23.80%. The company’s revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.40 earnings per share. On average, sell-side analysts expect that Vishay Intertechnology will post 1.51 earnings per share for the current year.

Institutional investors have recently modified their holdings of the company. First Trust Advisors LP boosted its holdings in shares of Vishay Intertechnology by 231.9% in the fourth quarter. First Trust Advisors LP now owns 112,258 shares of the semiconductor company’s stock valued at $2,022,000 after purchasing an additional 78,438 shares during the period. LPL Financial LLC boosted its holdings in shares of Vishay Intertechnology by 6.0% in the fourth quarter. LPL Financial LLC now owns 13,013 shares of the semiconductor company’s stock valued at $234,000 after purchasing an additional 735 shares during the period. Citigroup Inc. boosted its holdings in shares of Vishay Intertechnology by 2,396.2% in the fourth quarter. Citigroup Inc. now owns 71,266 shares of the semiconductor company’s stock valued at $1,284,000 after purchasing an additional 68,411 shares during the period. Great West Life Assurance Co. Can boosted its holdings in shares of Vishay Intertechnology by 11.9% in the fourth quarter. Great West Life Assurance Co. Can now owns 85,023 shares of the semiconductor company’s stock valued at $1,421,000 after purchasing an additional 9,055 shares during the period. Finally, Stifel Financial Corp purchased a new stake in shares of Vishay Intertechnology in the fourth quarter valued at approximately $214,000. Institutional investors and hedge funds own 89.54% of the company’s stock.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.

Recommended Story: How to find the components of the quick ratio

Get a free copy of the Zacks research report on Vishay Intertechnology (VSH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Vishay Intertechnology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Intertechnology and related companies with MarketBeat.com's FREE daily email newsletter.