Zacks: Brokerages Anticipate Vishay Intertechnology (VSH) Will Announce Earnings of $0.37 Per Share

Equities analysts expect Vishay Intertechnology (NYSE:VSH) to announce $0.37 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Vishay Intertechnology’s earnings. The highest EPS estimate is $0.38 and the lowest is $0.35. Vishay Intertechnology reported earnings per share of $0.18 in the same quarter last year, which suggests a positive year-over-year growth rate of 105.6%. The company is scheduled to report its next earnings results on Tuesday, February 6th.

According to Zacks, analysts expect that Vishay Intertechnology will report full year earnings of $1.41 per share for the current year. For the next year, analysts forecast that the business will post earnings of $1.55 per share, with EPS estimates ranging from $1.48 to $1.62. Zacks’ EPS averages are an average based on a survey of analysts that follow Vishay Intertechnology.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Thursday, October 26th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.05. Vishay Intertechnology had a return on equity of 11.77% and a net margin of 4.34%. The company had revenue of $677.90 million for the quarter, compared to analyst estimates of $660.32 million. During the same quarter last year, the company posted $0.25 EPS. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year.

VSH has been the topic of a number of research reports. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective on the stock in a research report on Thursday, October 5th. Citigroup boosted their price objective on Vishay Intertechnology from $16.00 to $19.00 and gave the stock a “sell” rating in a research report on Friday, October 27th. Finally, Stifel Nicolaus boosted their price objective on Vishay Intertechnology from $18.00 to $20.00 and gave the stock a “hold” rating in a research report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $20.33.

Shares of Vishay Intertechnology (NYSE VSH) traded up $0.01 during mid-day trading on Monday, reaching $21.85. The company had a trading volume of 1,042,012 shares, compared to its average volume of 981,000. The company has a market cap of $3,100.00, a price-to-earnings ratio of 32.13, a P/E/G ratio of 0.68 and a beta of 1.20. Vishay Intertechnology has a twelve month low of $15.35 and a twelve month high of $23.45. The company has a debt-to-equity ratio of 0.38, a current ratio of 4.33 and a quick ratio of 3.44.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 21st. Investors of record on Thursday, December 7th were given a dividend of $0.0675 per share. The ex-dividend date was Wednesday, December 6th. This represents a $0.27 dividend on an annualized basis and a yield of 1.24%. This is a positive change from Vishay Intertechnology’s previous quarterly dividend of $0.06. Vishay Intertechnology’s payout ratio is currently 39.71%.

In related news, Director Abraham Ludomirski sold 20,000 shares of the business’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $21.79, for a total transaction of $435,800.00. Following the sale, the director now owns 86,232 shares in the company, valued at approximately $1,878,995.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gerald Paul sold 50,000 shares of the business’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $21.37, for a total value of $1,068,500.00. Following the sale, the chief executive officer now owns 162,986 shares in the company, valued at approximately $3,483,010.82. The disclosure for this sale can be found here. Insiders own 7.91% of the company’s stock.

A number of hedge funds have recently modified their holdings of the stock. Northwestern Mutual Investment Management Company LLC lifted its holdings in Vishay Intertechnology by 1.4% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 23,404 shares of the semiconductor company’s stock worth $290,000 after buying an additional 321 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Vishay Intertechnology by 9.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,800 shares of the semiconductor company’s stock worth $113,000 after buying an additional 600 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in Vishay Intertechnology by 0.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 295,221 shares of the semiconductor company’s stock worth $4,900,000 after buying an additional 1,105 shares during the period. Teachers Retirement System of The State of Kentucky lifted its holdings in Vishay Intertechnology by 7.3% during the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 29,280 shares of the semiconductor company’s stock worth $486,000 after buying an additional 2,000 shares during the period. Finally, Riverhead Capital Management LLC lifted its holdings in Vishay Intertechnology by 65.1% during the 2nd quarter. Riverhead Capital Management LLC now owns 8,090 shares of the semiconductor company’s stock worth $134,000 after buying an additional 3,190 shares during the period.

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About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.

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