Brokerages Expect Vishay Intertechnology (NYSE:VSH) to Post $0.40 EPS

Wall Street brokerages predict that Vishay Intertechnology (NYSE:VSH) will post $0.40 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Vishay Intertechnology’s earnings, with the highest EPS estimate coming in at $0.41 and the lowest estimate coming in at $0.40. Vishay Intertechnology posted earnings of $0.54 per share in the same quarter last year, which indicates a negative year over year growth rate of 25.9%. The firm is expected to announce its next earnings report on Tuesday, August 6th.

On average, analysts expect that Vishay Intertechnology will report full year earnings of $1.65 per share for the current fiscal year, with EPS estimates ranging from $1.61 to $1.68. For the next year, analysts anticipate that the company will report earnings of $1.76 per share, with EPS estimates ranging from $1.68 to $1.82. Zacks’ EPS calculations are an average based on a survey of research firms that that provide coverage for Vishay Intertechnology.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Thursday, May 9th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. Vishay Intertechnology had a return on equity of 23.80% and a net margin of 11.72%. The business had revenue of $745.16 million for the quarter, compared to the consensus estimate of $754.26 million. During the same period in the prior year, the business posted $0.40 earnings per share. The company’s quarterly revenue was up 4.0% compared to the same quarter last year.

Several equities research analysts have recently weighed in on VSH shares. Zacks Investment Research downgraded Vishay Intertechnology from a “strong-buy” rating to a “hold” rating in a report on Friday, April 12th. Cowen started coverage on Vishay Intertechnology in a report on Tuesday, May 21st. They issued a “market perform” rating and a $17.00 price target on the stock. Finally, ValuEngine downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Tuesday, May 7th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. Vishay Intertechnology currently has a consensus rating of “Hold” and a consensus price target of $23.20.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Macquarie Group Ltd. raised its holdings in shares of Vishay Intertechnology by 0.4% in the fourth quarter. Macquarie Group Ltd. now owns 3,492,656 shares of the semiconductor company’s stock worth $62,902,000 after buying an additional 14,208 shares during the period. Geode Capital Management LLC grew its stake in Vishay Intertechnology by 4.4% in the fourth quarter. Geode Capital Management LLC now owns 1,839,841 shares of the semiconductor company’s stock worth $33,134,000 after purchasing an additional 76,855 shares in the last quarter. Norges Bank bought a new position in Vishay Intertechnology in the fourth quarter worth approximately $29,954,000. Bank of America Corp DE grew its stake in Vishay Intertechnology by 26.6% in the fourth quarter. Bank of America Corp DE now owns 1,242,310 shares of the semiconductor company’s stock worth $22,374,000 after purchasing an additional 261,277 shares in the last quarter. Finally, Foundry Partners LLC grew its stake in Vishay Intertechnology by 7.9% in the first quarter. Foundry Partners LLC now owns 908,809 shares of the semiconductor company’s stock worth $16,786,000 after purchasing an additional 66,652 shares in the last quarter. Hedge funds and other institutional investors own 89.54% of the company’s stock.

Shares of NYSE VSH opened at $15.91 on Friday. The company has a current ratio of 3.09, a quick ratio of 2.25 and a debt-to-equity ratio of 0.40. Vishay Intertechnology has a fifty-two week low of $15.06 and a fifty-two week high of $26.50. The company has a market capitalization of $2.27 billion, a PE ratio of 7.50, a price-to-earnings-growth ratio of 1.04 and a beta of 1.55.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 27th. Stockholders of record on Thursday, June 13th will be issued a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 2.39%. This is an increase from Vishay Intertechnology’s previous quarterly dividend of $0.09. The ex-dividend date is Wednesday, June 12th. Vishay Intertechnology’s dividend payout ratio is presently 17.92%.

Vishay Intertechnology Company Profile

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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