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 reiterated a buy rating on shares of Vishay Intertechnology in a research report on Wednesday, August 10th.
Shares of Vishay Intertechnology (NYSE:VSH) traded down 1.62% during trading on Thursday, reaching $14.00. 216,832 shares of the company’s stock were exchanged. The firm’s market capitalization is $2.06 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 price is $13.97 and its 200 day moving average price is $12.94.
Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Tuesday, August 2nd. The company reported $0.23 EPS for the quarter, topping the 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%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.20 earnings per share. Analysts predict that Vishay Intertechnology will post $0.88 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, September 29th. Investors of record on Thursday, September 15th were given a $0.0625 dividend. The ex-dividend date was Tuesday, September 13th. This represents a $0.25 annualized dividend and a yield of 1.76%. Vishay Intertechnology’s dividend payout ratio (DPR) is currently -35.21%.
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Aperio Group LLC boosted its position in shares of Vishay Intertechnology by 12.6% in the first quarter. Aperio Group LLC now owns 38,560 shares of the company’s stock valued at $471,000 after buying an additional 4,330 shares during the period. Pacad Investment Ltd. purchased a new position in shares of Vishay Intertechnology during the first quarter valued at approximately $160,000. Los Angeles Capital Management & Equity Research Inc. boosted its position in shares of Vishay Intertechnology by 15.0% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 43,174 shares of the company’s stock valued at $527,000 after buying an additional 5,624 shares during the period. Teachers Advisors Inc. boosted its position in shares of Vishay Intertechnology by 26.0% in the first quarter. Teachers Advisors Inc. now owns 334,387 shares of the company’s stock valued at $4,083,000 after buying an additional 69,000 shares during the period. Finally, Prudential Financial Inc. boosted its position in shares of Vishay Intertechnology by 107.1% in the first quarter. Prudential Financial Inc. now owns 626,829 shares of the company’s stock valued at $7,654,000 after buying an additional 324,091 shares during the period.
About Vishay Intertechnology
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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