Vishay Intertechnology (NYSE:VSH) Rating Increased to Hold at Zacks Research

Vishay Intertechnology (NYSE:VSH) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Other research analysts have also issued research reports about the company. Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a report on Monday, February 9th. Bank of America upped their target price on shares of Vishay Intertechnology from $14.00 to $16.00 and gave the stock an “underperform” rating in a report on Thursday, January 22nd. JPMorgan Chase & Co. increased their target price on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Vishay Intertechnology currently has an average rating of “Hold” and an average target price of $18.00.

Vishay Intertechnology Price Performance

NYSE:VSH opened at $20.51 on Tuesday. The stock has a 50 day moving average of $18.62 and a two-hundred day moving average of $16.64. Vishay Intertechnology has a 12 month low of $10.50 and a 12 month high of $22.00. The firm has a market cap of $2.78 billion, a P/E ratio of -292.89 and a beta of 1.13. The company has a current ratio of 2.62, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46.

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 the consensus estimate of $0.02 by ($0.01). The firm had revenue of $800.92 million during the quarter, compared to analysts’ expectations of $790.47 million. Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The business’s revenue was up 12.1% compared to the same quarter last year. On average, analysts expect that Vishay Intertechnology will post 0.53 earnings per share for the current fiscal year.

Institutional Trading of Vishay Intertechnology

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jones Financial Companies Lllp raised its holdings 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 acquiring an additional 1,575 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of Vishay Intertechnology by 212.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 1,402 shares during the period. Quarry LP acquired a new stake in Vishay Intertechnology during the third quarter worth about $39,000. Empowered Funds LLC acquired a new stake in Vishay Intertechnology during the fourth quarter worth about $57,000. Finally, Hantz Financial Services Inc. raised its stake in Vishay Intertechnology by 255.8% during the fourth quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock worth $74,000 after purchasing an additional 3,684 shares during the period. 93.66% of the stock is 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.