$0.50 Earnings Per Share Expected for Vishay Intertechnology (VSH) This Quarter

Equities analysts expect Vishay Intertechnology (NYSE:VSH) to report $0.50 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Vishay Intertechnology’s earnings. Vishay Intertechnology reported earnings of $0.40 per share in the same quarter last year, which indicates a positive year over year growth rate of 25%. The firm is expected to announce its next earnings report before the market opens on Thursday, May 9th.

On average, analysts expect that Vishay Intertechnology will report full year earnings of $2.16 per share for the current financial year, with EPS estimates ranging from $2.05 to $2.25. For the next year, analysts expect that the company will report earnings of $2.07 per share, with EPS estimates ranging from $2.01 to $2.12. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Vishay Intertechnology.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Tuesday, February 5th. The semiconductor company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.07. The company had revenue of $775.90 million during the quarter, compared to the consensus estimate of $761.79 million. Vishay Intertechnology had a net margin of 11.39% and a return on equity of 22.78%. Vishay Intertechnology’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.37 earnings per share.

A number of brokerages recently commented on VSH. Zacks Investment Research downgraded shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 12th. Bank of America downgraded shares of Vishay Intertechnology from a “buy” rating to a “neutral” rating and set a $23.00 price objective for the company. in a research note on Wednesday, February 6th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $24.75.

NYSE:VSH traded up $0.09 during trading hours on Friday, reaching $20.47. The company’s stock had a trading volume of 1,411,954 shares, compared to its average volume of 1,229,995. The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 9.66, a price-to-earnings-growth ratio of 1.02 and a beta of 1.40. Vishay Intertechnology has a 12 month low of $16.63 and a 12 month high of $26.50. The company has a quick ratio of 2.02, a current ratio of 2.77 and a debt-to-equity ratio of 0.36.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th were given a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date was Wednesday, March 13th. Vishay Intertechnology’s payout ratio is presently 16.04%.

In other news, CEO Gerald Paul sold 66,000 shares of the company’s stock in a transaction on Thursday, February 28th. The stock was sold at an average price of $21.77, for a total transaction of $1,436,820.00. Following the transaction, the chief executive officer now directly owns 220,824 shares of the company’s stock, valued at $4,807,338.48. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Chairman Marc Zandman sold 85,361 shares of the company’s stock in a transaction on Thursday, February 28th. The stock was sold at an average price of $21.88, for a total value of $1,867,698.68. Following the transaction, the chairman now directly owns 50,585 shares in the company, valued at $1,106,799.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 157,782 shares of company stock worth $3,444,175. Insiders own 8.07% of the company’s stock.

Several hedge funds have recently modified their holdings of the company. BlackRock Inc. increased its position in shares of Vishay Intertechnology by 3.8% during the third quarter. BlackRock Inc. now owns 16,341,405 shares of the semiconductor company’s stock worth $332,546,000 after purchasing an additional 598,503 shares in the last quarter. Vanguard Group Inc grew its holdings in shares of Vishay Intertechnology by 1.7% during the third quarter. Vanguard Group Inc now owns 12,170,468 shares of the semiconductor company’s stock valued at $247,668,000 after buying an additional 207,713 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Vishay Intertechnology by 1.7% during the third quarter. Vanguard Group Inc. now owns 12,170,468 shares of the semiconductor company’s stock valued at $247,668,000 after buying an additional 207,713 shares during the last quarter. DNB Asset Management AS grew its holdings in shares of Vishay Intertechnology by 36.0% during the fourth quarter. DNB Asset Management AS now owns 6,735,257 shares of the semiconductor company’s stock valued at $121,302,000 after buying an additional 1,781,688 shares during the last quarter. Finally, Fisher Asset Management LLC grew its holdings in shares of Vishay Intertechnology by 16.4% during the fourth quarter. Fisher Asset Management LLC now owns 5,593,182 shares of the semiconductor company’s stock valued at $100,733,000 after buying an additional 787,545 shares during the last quarter. 90.45% of the stock is currently owned by institutional investors and hedge funds.

About Vishay Intertechnology

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.

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