Vishay Intertechnology (NYSE:VSH) Issues Earnings Results, Beats Expectations By $0.01 EPS

Vishay Intertechnology (NYSE:VSH) announced its quarterly earnings results on Tuesday. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.01, MarketWatch Earnings reports. The company had revenue of $764.63 million for the quarter, compared to the consensus estimate of $727.61 million. Vishay Intertechnology had a net margin of 3.94% and a return on equity of 7.62%. The company’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.21 earnings per share. Vishay Intertechnology updated its Q1 2021 guidance to – EPS.

Vishay Intertechnology stock opened at $23.49 on Wednesday. The stock has a market cap of $3.40 billion, a price-to-earnings ratio of 35.06, a PEG ratio of 8.24 and a beta of 1.36. The company has a current ratio of 3.22, a quick ratio of 2.33 and a debt-to-equity ratio of 0.29. The company’s 50-day moving average price is $25.03 and its two-hundred day moving average price is $21.93. Vishay Intertechnology has a 52 week low of $13.40 and a 52 week high of $26.50.

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 30th. Shareholders of record on Wednesday, March 17th were paid a dividend of $0.095 per share. The ex-dividend date was Tuesday, March 16th. This represents a $0.38 annualized dividend and a yield of 1.62%. Vishay Intertechnology’s payout ratio is 30.16%.

Several brokerages recently commented on VSH. Loop Capital raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a research report on Tuesday, April 13th. Zacks Investment Research downgraded shares of Vishay Intertechnology from a “strong-buy” rating to a “hold” rating and set a $27.00 price objective for the company. in a research note on Tuesday, April 13th. Finally, Bank of America downgraded shares of Vishay Intertechnology from a “neutral” rating to an “underperform” rating and set a $20.00 target price for the company. in a research note on Friday, January 15th.

In other news, Director Ruta Zandman sold 21,826 shares of the stock in a transaction that occurred on Wednesday, February 10th. The shares were sold at an average price of $22.91, for a total value of $500,033.66. Following the completion of the sale, the director now directly owns 273,197 shares of the company’s stock, valued at $6,258,943.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gerald Paul sold 50,000 shares of the stock in a transaction that occurred on Friday, February 26th. The stock was sold at an average price of $23.74, for a total transaction of $1,187,000.00. Following the completion of the sale, the chief executive officer now directly owns 217,396 shares of the company’s stock, valued at $5,160,981.04. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 136,779 shares of company stock valued at $3,289,424. Insiders own 8.11% of the company’s stock.

Vishay Intertechnology Company Profile

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

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Earnings History for Vishay Intertechnology (NYSE:VSH)

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