Vishay Intertechnology (NYSE:VSH) Sets New 52-Week High – Should You Buy?

Vishay Intertechnology, Inc. (NYSE:VSH) hit a new 52-week high during trading on Wednesday . The company traded as high as $21.19 and last traded at $20.7240, with a volume of 3636238 shares changing hands. The stock had previously closed at $20.67.

Analyst Ratings Changes

A number of equities analysts have issued reports on VSH shares. Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. Bank of America increased their price objective on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Vishay Intertechnology presently has a consensus rating of “Sell” and an average target price of $16.00.

Vishay Intertechnology Stock Up 0.3%

The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.60 and a current ratio of 2.67. The firm has a market cap of $2.81 billion, a price-to-earnings ratio of -36.36 and a beta of 1.14. The business’s 50 day moving average price is $16.21 and its 200 day moving average price is $15.71.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Wednesday, November 5th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04. The firm had revenue of $790.64 million during the quarter, compared to analysts’ expectations of $779.81 million. Vishay Intertechnology had a negative net margin of 2.56% and a negative return on equity of 0.36%. The business’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.08 EPS. On average, equities analysts forecast that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Wednesday, December 3rd were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, December 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.9%. Vishay Intertechnology’s dividend payout ratio (DPR) is -70.18%.

Hedge Funds Weigh In On Vishay Intertechnology

A number of large investors have recently bought and sold shares of VSH. Jones Financial Companies Lllp grew its holdings in Vishay Intertechnology by 709.5% in the third quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 1,575 shares during the period. Quarry LP purchased a new position in shares of Vishay Intertechnology during the 3rd quarter valued at approximately $39,000. CWM LLC lifted its position in shares of Vishay Intertechnology by 63.4% during the 2nd quarter. CWM LLC now owns 5,674 shares of the semiconductor company’s stock valued at $90,000 after buying an additional 2,201 shares in the last quarter. AlphaQuest LLC grew its stake in Vishay Intertechnology by 135.6% in the 2nd quarter. AlphaQuest LLC now owns 5,789 shares of the semiconductor company’s stock valued at $92,000 after acquiring an additional 3,332 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new stake in Vishay Intertechnology in the 4th quarter worth $87,000. Institutional investors and hedge funds 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.