According to Zacks, “Vishay Intertechnology, Inc. is a leading international manufacturer and supplier of discrete passive electronic components and discrete active electronic components, particularly resistors, capacitors, inductors, diodes and transistors. The company offers its customers one-stop access to one of the most comprehensive electronic component lines of any manufacturer in the United States or Europe. Passive electronic components, discrete active electronic components and integrated circuits are the primary elements of every electronic circuit. “
Separately, Argus reaffirmed a buy rating on shares of Vishay Intertechnology in a report on Wednesday, August 10th.
Vishay Intertechnology (NYSE:VSH) opened at 14.19 on Thursday. The company’s market capitalization is $2.08 billion. Vishay Intertechnology has a 52-week low of $9.96 and a 52-week high of $14.28. The company’s 50-day moving average is $13.99 and its 200-day moving average is $12.98.
Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported $0.23 EPS for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.01. The business earned $590 million during the quarter, compared to analyst estimates of $586.45 million. Vishay Intertechnology had a negative net margin of 4.58% and a positive return on equity of 6.55%. Vishay Intertechnology’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.20 EPS. On average, analysts expect that Vishay Intertechnology will post $0.88 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 29th. Shareholders of record on Thursday, September 15th were issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date was Tuesday, September 13th. Vishay Intertechnology’s dividend payout ratio is -35.21%.
Institutional investors have recently bought and sold shares of the company. Principal Financial Group Inc. increased its position in Vishay Intertechnology by 357.9% in the second quarter. Principal Financial Group Inc. now owns 2,089,931 shares of the company’s stock worth $25,895,000 after buying an additional 1,633,484 shares in the last quarter. Numeric Investors LLC bought a new position in shares of Vishay Intertechnology during the second quarter worth $15,867,000. AJO LP bought a new position in shares of Vishay Intertechnology during the second quarter worth $13,245,000. Sensato Investors LLC increased its position in shares of Vishay Intertechnology by 2,889.3% in the first quarter. Sensato Investors LLC now owns 989,502 shares of the company’s stock worth $12,082,000 after buying an additional 956,400 shares during the period. Finally, Foundry Partners LLC bought a new position in shares of Vishay Intertechnology during the second quarter worth $10,166,000.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five segments. The MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs. The Diodes segment’s products include rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers (SCRs) and power modules.
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