Vishay Intertechnology (NYSE:VSH) Trading Up 10.3% – Time to Buy?

Vishay Intertechnology, Inc. (NYSE:VSH) shares were up 10.3% during trading on Friday . The stock traded as high as $46.13 and last traded at $46.4940. Approximately 1,668,020 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 2,908,367 shares. The stock had previously closed at $42.17.

Analyst Ratings Changes

Several analysts have commented on VSH shares. Zacks Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. lifted their price target on Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Wall Street Zen raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Bank of America lifted their price target on Vishay Intertechnology from $18.00 to $28.00 and gave the stock an “underperform” rating in a research note on Thursday, May 14th. Finally, Weiss Ratings raised Vishay Intertechnology from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 13th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Vishay Intertechnology currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.00.

Vishay Intertechnology Stock Performance

The stock has a market cap of $6.38 billion, a PE ratio of 4,699.20 and a beta of 1.53. The company has a quick ratio of 1.53, a current ratio of 2.64 and a debt-to-equity ratio of 0.47. The stock has a 50-day moving average of $25.19 and a 200 day moving average of $19.57.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The firm had revenue of $839.24 million for the quarter, compared to the consensus estimate of $823.54 million. During the same quarter last year, the business posted ($0.03) earnings per share. The firm’s revenue was up 17.3% compared to the same quarter last year. Equities analysts predict that Vishay Intertechnology, Inc. will post 0.64 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Thursday, June 18th will be given 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 yield of 0.9%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 4,000.00%.

Institutional Investors Weigh In On Vishay Intertechnology

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp raised its position in Vishay Intertechnology by 709.5% in the third quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 1,575 shares during the period. Rockefeller Capital Management L.P. lifted its position in 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 buying an additional 1,402 shares during the last quarter. Quarry LP acquired a new position in Vishay Intertechnology in the third quarter valued at about $39,000. Empowered Funds LLC acquired a new position in Vishay Intertechnology in the fourth quarter valued at about $57,000. Finally, Hantz Financial Services Inc. lifted its position 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 during the last quarter. Hedge funds and other 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.