Vishay Intertechnology (NYSE:VSH) Shares Gap Down – What’s Next?

Vishay Intertechnology, Inc. (NYSE:VSH) shares gapped down before the market opened on Monday . The stock had previously closed at $44.67, but opened at $42.00. Vishay Intertechnology shares last traded at $42.2740, with a volume of 640,503 shares changing hands.

Wall Street Analysts Forecast Growth

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

Vishay Intertechnology Price Performance

The company has a current ratio of 2.64, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47. The firm has a market cap of $5.78 billion, a P/E ratio of 4,250.80 and a beta of 1.76. The company has a fifty day moving average price of $49.42 and a two-hundred day moving average price of $29.82.

Vishay Intertechnology (NYSE:VSH) last posted its 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 business had revenue of $839.24 million during the quarter, compared to analysts’ expectations of $823.54 million. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.Vishay Intertechnology’s revenue for the quarter was up 17.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.03) EPS. Equities analysts anticipate that Vishay Intertechnology, Inc. will post 0.75 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 18th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was 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 is 4,000.00%.

Institutional Trading of Vishay Intertechnology

A number of hedge funds and other institutional investors have recently made changes to their positions in VSH. Dana Investment Advisors Inc. grew its position in Vishay Intertechnology by 30.4% in the fourth quarter. Dana Investment Advisors Inc. now owns 185,302 shares of the semiconductor company’s stock valued at $2,685,000 after purchasing an additional 43,149 shares in the last quarter. Tudor Investment Corp ET AL bought a new stake in Vishay Intertechnology during the 3rd quarter worth about $12,306,000. Bernzott Capital Advisors lifted its position in Vishay Intertechnology by 12.9% during the 4th quarter. Bernzott Capital Advisors now owns 549,780 shares of the semiconductor company’s stock worth $7,966,000 after buying an additional 62,753 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Vishay Intertechnology by 355.0% during the 4th quarter. SG Americas Securities LLC now owns 149,461 shares of the semiconductor company’s stock worth $2,166,000 after buying an additional 116,609 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of Vishay Intertechnology by 173.0% in the 4th quarter. UBS Group AG now owns 995,668 shares of the semiconductor company’s stock valued at $14,427,000 after acquiring an additional 630,917 shares in the last quarter. 93.66% of the stock is currently 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.