Vishay Intertechnology (NYSE:VSH) Hits New 1-Year High – Time to Buy?

Vishay Intertechnology, Inc. (NYSE:VSH) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $40.19 and last traded at $40.1070, with a volume of 5319640 shares changing hands. The stock had previously closed at $37.04.

Analyst Ratings Changes

VSH has been the topic of a number of research analyst reports. Zacks Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Argus upgraded shares of Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Weiss Ratings upgraded shares of Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 13th. Bank of America upped their target price on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research note on Thursday, May 14th. Finally, Wall Street Zen upgraded shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Vishay Intertechnology has a consensus rating of “Moderate Buy” and an average target price of $24.00.

Vishay Intertechnology Trading Up 8.3%

The stock has a market capitalization of $5.45 billion, a price-to-earnings ratio of 4,010.70 and a beta of 1.53. The company’s 50 day moving average is $24.23 and its 200 day moving average is $19.22. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 2.64.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. The firm had revenue of $839.24 million during the quarter, compared to analysts’ expectations of $823.54 million. During the same period in the prior year, the company earned ($0.03) EPS. The business’s quarterly revenue was up 17.3% compared to the same quarter last year. On average, research analysts forecast that Vishay Intertechnology, Inc. will post 0.64 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Thursday, June 18th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%. Vishay Intertechnology’s payout ratio is presently 4,000.00%.

Institutional Trading of Vishay Intertechnology

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Edgestream Partners L.P. increased its stake in Vishay Intertechnology by 127.4% in the first quarter. Edgestream Partners L.P. now owns 316,191 shares of the semiconductor company’s stock valued at $5,691,000 after acquiring an additional 177,151 shares during the period. California State Teachers Retirement System increased its stake in Vishay Intertechnology by 21.1% in the first quarter. California State Teachers Retirement System now owns 131,611 shares of the semiconductor company’s stock valued at $2,369,000 after acquiring an additional 22,902 shares during the period. Quantinno Capital Management LP increased its stake in Vishay Intertechnology by 9.4% in the first quarter. Quantinno Capital Management LP now owns 73,049 shares of the semiconductor company’s stock valued at $1,315,000 after acquiring an additional 6,290 shares during the period. SummitTX Capital L.P. bought a new stake in Vishay Intertechnology in the first quarter valued at about $2,555,000. Finally, Dean Capital Management increased its stake in Vishay Intertechnology by 317.1% in the first quarter. Dean Capital Management now owns 92,643 shares of the semiconductor company’s stock valued at $1,668,000 after acquiring an additional 70,432 shares during the period. Institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Company Profile

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.