Vishay Intertechnology (VSH) Set to Announce Quarterly Earnings on Wednesday

Vishay Intertechnology (NYSE:VSH) is set to announce its earnings results before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Vishay Intertechnology has set its Q1 2024 guidance at EPS.Investors that wish to register for the company’s conference call can do so using this link.

Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Wednesday, February 7th. The semiconductor company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. Vishay Intertechnology had a return on equity of 15.72% and a net margin of 9.52%. The business had revenue of $785.24 million for the quarter, compared to analyst estimates of $787.15 million. During the same period in the previous year, the company earned $0.69 earnings per share. The company’s revenue for the quarter was down 8.2% compared to the same quarter last year. On average, analysts expect Vishay Intertechnology to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Vishay Intertechnology Stock Up 1.4 %

Shares of NYSE VSH opened at $23.10 on Tuesday. Vishay Intertechnology has a 1 year low of $20.83 and a 1 year high of $30.10. The firm has a market cap of $3.18 billion, a price-to-earnings ratio of 10.00 and a beta of 1.21. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.38 and a current ratio of 3.32. The stock’s 50-day simple moving average is $22.20 and its 200-day simple moving average is $22.48.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 14th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend was Wednesday, March 13th. Vishay Intertechnology’s payout ratio is 17.32%.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus reaffirmed a “buy” rating and set a $25.00 target price on shares of Vishay Intertechnology in a research report on Wednesday, April 3rd.

Insider Transactions at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 26,154 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $22.83, for a total value of $597,095.82. Following the completion of the sale, the chairman now directly owns 73,678 shares of the company’s stock, valued at $1,682,068.74. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 8.14% of the company’s stock.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.