$750.00 Million in Sales Expected for Vishay Intertechnology (VSH) This Quarter

Equities research analysts expect that Vishay Intertechnology (NYSE:VSH) will post sales of $750.00 million for the current quarter, Zacks reports. Two analysts have issued estimates for Vishay Intertechnology’s earnings. Vishay Intertechnology posted sales of $716.80 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 4.6%. The business is expected to announce its next earnings report on Tuesday, May 14th.

According to Zacks, analysts expect that Vishay Intertechnology will report full year sales of $3.05 billion for the current financial year, with estimates ranging from $3.04 billion to $3.06 billion. For the next financial year, analysts forecast that the company will post sales of $3.11 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that follow Vishay Intertechnology.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Tuesday, February 5th. The semiconductor company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.07. The company had revenue of $775.90 million for the quarter, compared to the consensus estimate of $761.79 million. Vishay Intertechnology had a return on equity of 22.78% and a net margin of 11.39%. Vishay Intertechnology’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.37 EPS.

A number of equities analysts recently issued reports on VSH shares. Zacks Investment Research cut Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Monday, December 10th. Bank of America cut Vishay Intertechnology from a “buy” rating to a “neutral” rating and set a $23.00 price objective for the company. in a research report on Wednesday, February 6th. They noted that the move was a valuation call. Finally, ValuEngine raised Vishay Intertechnology from a “strong sell” rating to a “sell” rating in a research report on Tuesday, November 27th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $24.75.

In other news, Director Thomas C. Wertheimer sold 15,000 shares of the stock in a transaction dated Monday, December 10th. The shares were sold at an average price of $19.70, for a total transaction of $295,500.00. Following the completion of the transaction, the director now directly owns 65,584 shares in the company, valued at approximately $1,292,004.80. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Ziv Shoshani sold 3,520 shares of the stock in a transaction dated Wednesday, December 12th. The stock was sold at an average price of $20.23, for a total transaction of $71,209.60. Following the transaction, the director now owns 62,868 shares of the company’s stock, valued at $1,271,819.64. The disclosure for this sale can be found here. Insiders own 8.07% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE increased its stake in Vishay Intertechnology by 5.3% in the second quarter. Bank of America Corp DE now owns 689,154 shares of the semiconductor company’s stock valued at $15,988,000 after acquiring an additional 34,531 shares during the last quarter. Northern Trust Corp increased its stake in Vishay Intertechnology by 0.5% in the second quarter. Northern Trust Corp now owns 2,470,879 shares of the semiconductor company’s stock valued at $57,325,000 after purchasing an additional 12,035 shares in the last quarter. Wilsey Asset Management Inc. increased its stake in Vishay Intertechnology by 28.2% in the third quarter. Wilsey Asset Management Inc. now owns 567,860 shares of the semiconductor company’s stock valued at $11,539,000 after purchasing an additional 124,766 shares in the last quarter. DNB Asset Management AS increased its stake in Vishay Intertechnology by 19.2% in the third quarter. DNB Asset Management AS now owns 4,953,569 shares of the semiconductor company’s stock valued at $100,805,000 after purchasing an additional 797,238 shares in the last quarter. Finally, Bank of Montreal Can increased its position in shares of Vishay Intertechnology by 19.9% during the third quarter. Bank of Montreal Can now owns 1,209,934 shares of the semiconductor company’s stock worth $24,623,000 after acquiring an additional 201,097 shares in the last quarter. 98.83% of the stock is currently owned by hedge funds and other institutional investors.

VSH traded down $0.05 during trading hours on Wednesday, hitting $21.69. The company’s stock had a trading volume of 999,018 shares, compared to its average volume of 1,381,168. Vishay Intertechnology has a fifty-two week low of $16.63 and a fifty-two week high of $26.50. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.77 and a quick ratio of 2.02. The stock has a market cap of $3.13 billion, a P/E ratio of 10.23, a P/E/G ratio of 1.10 and a beta of 1.39.

About Vishay Intertechnology

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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