Vishay Intertechnology (NYSE:VSH) Sets New 52-Week High – Still a Buy?

Vishay Intertechnology, Inc. (NYSE:VSH)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $23.86 and last traded at $23.7460, with a volume of 2063016 shares changing hands. The stock had previously closed at $23.13.

Analysts Set New Price Targets

A number of brokerages recently issued reports on VSH. Zacks Research upgraded Vishay Intertechnology from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 7th. Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a research report on Wednesday, January 21st. JPMorgan Chase & Co. upped their price target on Vishay Intertechnology from $14.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Finally, Bank of America upped their price target on Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Vishay Intertechnology currently has a consensus rating of “Hold” and an average price target of $18.00.

Vishay Intertechnology Stock Down 1.4%

The company has a quick ratio of 1.57, a current ratio of 2.62 and a debt-to-equity ratio of 0.46. The company has a market cap of $3.51 billion, a PE ratio of -369.69 and a beta of 1.13. The stock has a 50-day moving average of $19.11 and a 200-day moving average of $17.04.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Vishay Intertechnology had a negative return on equity of 0.32% and a negative net margin of 0.29%.The business had revenue of $800.92 million during the quarter, compared to analysts’ expectations of $790.47 million. The company’s revenue was up 12.1% compared to the same quarter last year. Sell-side analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Thursday, March 12th. Vishay Intertechnology’s dividend payout ratio (DPR) is -571.43%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Jones Financial Companies Lllp grew its holdings in shares of Vishay Intertechnology by 709.5% during the third quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 1,575 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of Vishay Intertechnology by 212.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 1,402 shares in the last quarter. Quarry LP purchased a new position in shares of Vishay Intertechnology during the third quarter worth about $39,000. Empowered Funds LLC purchased a new position in shares of Vishay Intertechnology during the fourth quarter worth about $57,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of Vishay Intertechnology by 255.8% during the fourth quarter. Hantz Financial Services Inc. now owns 5,124 shares of the semiconductor company’s stock worth $74,000 after purchasing an additional 3,684 shares in the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

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.