Vishay Intertechnology (NYSE:VSH) Shares Gap Up – Should You Buy?

Vishay Intertechnology, Inc. (NYSE:VSH) shares gapped up before the market opened on Monday . The stock had previously closed at $64.90, but opened at $68.46. Vishay Intertechnology shares last traded at $64.6250, with a volume of 1,598,187 shares changing hands.

Analyst Ratings Changes

Several research analysts have commented on VSH shares. Weiss Ratings upgraded Vishay Intertechnology from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Bank of America lifted their price objective on shares of Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a report on Thursday, May 14th. Finally, Wall Street Zen lowered Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

Vishay Intertechnology Price Performance

The stock has a fifty day moving average of $41.76 and a 200 day moving average of $26.01. The stock has a market cap of $8.79 billion, a price-to-earnings ratio of 6,425.40 and a beta of 1.76. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.53.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The company had revenue of $839.24 million during the quarter, compared to analyst estimates of $823.54 million. Vishay Intertechnology had a net margin of 0.07% and a return on equity of 0.22%. Vishay Intertechnology’s revenue for the quarter was up 17.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.03) EPS. On average, analysts expect that Vishay Intertechnology, Inc. will post 0.75 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Thursday, June 18th will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.6%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 4,000.00%.

Institutional Inflows and Outflows

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

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.