Vishay Intertechnology (NYSE:VSH) Stock Rating Lowered by StockNews.com

StockNews.com cut shares of Vishay Intertechnology (NYSE:VSH) from a hold rating to a sell rating in a research report report published on Monday.

Separately, TD Cowen lowered their price objective on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a report on Thursday, August 8th.

Vishay Intertechnology Price Performance

Shares of VSH stock opened at $16.04 on Monday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.85 and a current ratio of 2.81. Vishay Intertechnology has a fifty-two week low of $15.98 and a fifty-two week high of $24.72. The firm has a market cap of $2.19 billion, a P/E ratio of 25.87 and a beta of 1.09. The business’s 50 day moving average price is $17.92 and its 200-day moving average price is $20.79.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.06). Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The company had revenue of $735.35 million during the quarter, compared to the consensus estimate of $748.84 million. During the same quarter last year, the firm earned $0.60 EPS. The business’s revenue was down 13.9% on a year-over-year basis. On average, equities research analysts anticipate that Vishay Intertechnology will post 0.55 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Tuesday, December 3rd will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date is Tuesday, December 3rd. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 64.52%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Texas Permanent School Fund Corp increased its stake in shares of Vishay Intertechnology by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 110,483 shares of the semiconductor company’s stock valued at $2,506,000 after purchasing an additional 1,430 shares in the last quarter. Headlands Technologies LLC boosted its holdings in Vishay Intertechnology by 95.7% in the first quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company’s stock worth $36,000 after acquiring an additional 774 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of Vishay Intertechnology by 403.6% in the first quarter. Russell Investments Group Ltd. now owns 346,017 shares of the semiconductor company’s stock worth $7,848,000 after acquiring an additional 277,311 shares during the last quarter. State Board of Administration of Florida Retirement System increased its holdings in shares of Vishay Intertechnology by 31.7% during the first quarter. State Board of Administration of Florida Retirement System now owns 129,201 shares of the semiconductor company’s stock valued at $2,923,000 after acquiring an additional 31,115 shares in the last quarter. Finally, Foundry Partners LLC raised its position in shares of Vishay Intertechnology by 12.8% in the 1st quarter. Foundry Partners LLC now owns 362,370 shares of the semiconductor company’s stock worth $8,219,000 after purchasing an additional 41,228 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors.

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.