Equities analysts forecast that Vishay Intertechnology (NYSE:VSH) will post $619.38 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Vishay Intertechnology’s earnings, with the highest sales estimate coming in at $620.52 million and the lowest estimate coming in at $617.60 million. Vishay Intertechnology posted sales of $780.97 million in the same quarter last year, which suggests a negative year-over-year growth rate of 20.7%. The business is expected to announce its next quarterly earnings results on Tuesday, October 29th.
According to Zacks, analysts expect that Vishay Intertechnology will report full year sales of $2.65 billion for the current fiscal year. For the next year, analysts expect that the company will report sales of $2.57 billion, with estimates ranging from $2.54 billion to $2.60 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings results on Tuesday, July 30th. The semiconductor company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01. The business had revenue of $685.20 million during the quarter, compared to the consensus estimate of $685.76 million. Vishay Intertechnology had a net margin of 10.05% and a return on equity of 21.03%. The firm’s revenue for the quarter was down 10.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.54 earnings per share.
Several equities analysts have recently commented on VSH shares. ValuEngine raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. Zacks Investment Research lowered Vishay Intertechnology from a “hold” rating to a “sell” rating and set a $17.00 price objective for the company. in a report on Saturday, July 13th. Finally, Cowen initiated coverage on Vishay Intertechnology in a report on Tuesday, May 21st. They issued a “market perform” rating and a $17.00 price objective for the company.
Several large investors have recently added to or reduced their stakes in VSH. Meeder Asset Management Inc. bought a new position in Vishay Intertechnology during the first quarter valued at $37,000. Strs Ohio grew its position in Vishay Intertechnology by 8.2% in the 1st quarter. Strs Ohio now owns 9,200 shares of the semiconductor company’s stock valued at $169,000 after buying an additional 700 shares during the last quarter. CWM Advisors LLC purchased a new position in Vishay Intertechnology in the 2nd quarter valued at $175,000. ARP Americas LP purchased a new position in Vishay Intertechnology in the 2nd quarter valued at $193,000. Finally, Stifel Financial Corp purchased a new position in Vishay Intertechnology in the 4th quarter valued at $214,000. 90.75% of the stock is owned by institutional investors and hedge funds.
NYSE VSH traded down $0.13 during trading on Wednesday, reaching $15.74. 510,300 shares of the company’s stock were exchanged, compared to its average volume of 1,270,676. The firm’s 50 day simple moving average is $16.30. The firm has a market capitalization of $2.34 billion, a PE ratio of 7.42, a P/E/G ratio of 1.38 and a beta of 1.53. The company has a quick ratio of 2.51, a current ratio of 3.41 and a debt-to-equity ratio of 0.41. Vishay Intertechnology has a fifty-two week low of $15.06 and a fifty-two week high of $23.95.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.
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