Brokerages Anticipate Vishay Intertechnology (VSH) Will Announce Earnings of $0.50 Per Share

Wall Street brokerages expect Vishay Intertechnology (NYSE:VSH) to post $0.50 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Vishay Intertechnology’s earnings. Vishay Intertechnology posted earnings per share of $0.40 in the same quarter last year, which would indicate a positive year-over-year growth rate of 25%. The company is scheduled to announce its next earnings results on Tuesday, May 14th.

On average, analysts expect that Vishay Intertechnology will report full-year earnings of $2.16 per share for the current financial year, with EPS estimates ranging from $2.05 to $2.25. For the next fiscal year, analysts anticipate that the company will post earnings of $2.07 per share, with EPS estimates ranging from $2.01 to $2.12. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that cover Vishay Intertechnology.

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

A number of research firms have commented on VSH. Zacks Investment Research downgraded shares of Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a report on Saturday, February 9th. Bank of America downgraded shares of Vishay Intertechnology from a “buy” rating to a “neutral” rating and set a $23.00 price objective for the company. in a report on Wednesday, February 6th. They noted that the move was a valuation call. Finally, ValuEngine raised shares of Vishay Intertechnology from a “strong sell” rating to a “sell” rating in a 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 stock has an average rating of “Hold” and an average target price of $24.75.

In other news, Director Frank Dieter Maier sold 6,421 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $21.75, for a total transaction of $139,656.75. Following the completion of the transaction, the director now owns 74,399 shares of the company’s stock, valued at $1,618,178.25. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Chairman Marc Zandman sold 85,361 shares of the business’s stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $21.88, for a total transaction of $1,867,698.68. Following the transaction, the chairman now directly owns 50,585 shares of the company’s stock, valued at approximately $1,106,799.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 157,782 shares of company stock valued at $3,444,175. 8.07% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. boosted its holdings in shares of Vishay Intertechnology by 3.8% during the third quarter. BlackRock Inc. now owns 16,341,405 shares of the semiconductor company’s stock valued at $332,546,000 after acquiring an additional 598,503 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Vishay Intertechnology by 1.7% during the third quarter. Vanguard Group Inc. now owns 12,170,468 shares of the semiconductor company’s stock valued at $247,668,000 after acquiring an additional 207,713 shares during the period. Vanguard Group Inc boosted its holdings in shares of Vishay Intertechnology by 1.7% during the third quarter. Vanguard Group Inc now owns 12,170,468 shares of the semiconductor company’s stock valued at $247,668,000 after acquiring an additional 207,713 shares during the period. DNB Asset Management AS boosted its holdings in shares of Vishay Intertechnology by 36.0% during the fourth quarter. DNB Asset Management AS now owns 6,735,257 shares of the semiconductor company’s stock valued at $121,302,000 after acquiring an additional 1,781,688 shares during the period. Finally, Royce & Associates LP boosted its holdings in shares of Vishay Intertechnology by 10.8% during the third quarter. Royce & Associates LP now owns 6,652,691 shares of the semiconductor company’s stock valued at $135,382,000 after acquiring an additional 646,723 shares during the period. 88.78% of the stock is owned by institutional investors.

Vishay Intertechnology stock traded up $0.38 during mid-day trading on Thursday, reaching $20.20. The company’s stock had a trading volume of 1,173,921 shares, compared to its average volume of 1,256,960. The company has a market cap of $2.89 billion, a PE ratio of 9.53, a P/E/G ratio of 1.01 and a beta of 1.43. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.77 and a quick ratio of 2.02. Vishay Intertechnology has a twelve month low of $16.63 and a twelve month high of $26.50.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Thursday, March 14th will be issued a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date of this dividend is Wednesday, March 13th. Vishay Intertechnology’s dividend payout ratio is presently 16.04%.

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.

Further Reading: What is the Consumer Price Index (CPI)?

Get a free copy of the Zacks research report on Vishay Intertechnology (VSH)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Vishay Intertechnology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Intertechnology and related companies with MarketBeat.com's FREE daily email newsletter.