Vishay Intertechnology (NYSE:VSH) Expected to Announce Quarterly Sales of $600.10 Million

Analysts expect Vishay Intertechnology (NYSE:VSH) to report $600.10 million in sales for the current quarter, Zacks reports. Three analysts have provided estimates for Vishay Intertechnology’s earnings, with the lowest sales estimate coming in at $597.90 million and the highest estimate coming in at $602.40 million. Vishay Intertechnology posted sales of $775.89 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 22.7%. The firm is expected to report its next earnings results on Tuesday, February 4th.

According to Zacks, analysts expect that Vishay Intertechnology will report full year sales of $2.66 billion for the current fiscal year. For the next year, analysts expect that the business will post sales of $2.57 billion, with estimates ranging from $2.50 billion to $2.61 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover Vishay Intertechnology.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Tuesday, October 29th. The semiconductor company reported $0.26 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.04. Vishay Intertechnology had a return on equity of 17.23% and a net margin of 8.90%. The business had revenue of $628.30 million for the quarter, compared to analyst estimates of $622.71 million. During the same quarter in the previous year, the company posted $0.60 earnings per share. The company’s revenue for the quarter was down 19.6% compared to the same quarter last year.

A number of brokerages recently weighed in on VSH. ValuEngine raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Exane BNP Paribas raised Vishay Intertechnology from a “neutral” rating to an “outperform” rating in a report on Thursday, August 29th. BNP Paribas raised Vishay Intertechnology from a “neutral” rating to an “outperform” rating in a report on Thursday, August 29th. Bank of America lowered Vishay Intertechnology from a “neutral” rating to an “underperform” rating and set a $17.00 price objective on the stock. in a report on Wednesday, November 6th. Finally, Zacks Investment Research downgraded Vishay Intertechnology from a “hold” rating to a “strong sell” rating and set a $21.00 target price on the stock. in a research report on Sunday, November 3rd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. Vishay Intertechnology presently has an average rating of “Hold” and a consensus target price of $18.33.

In related news, Director Ziv Shoshani sold 30,000 shares of the stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $20.85, for a total transaction of $625,500.00. Following the transaction, the director now directly owns 42,030 shares in the company, valued at $876,325.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael J. Cody bought 2,000 shares of Vishay Intertechnology stock in a transaction that occurred on Monday, November 25th. The shares were acquired at an average price of $19.40 per share, for a total transaction of $38,800.00. Following the completion of the transaction, the director now directly owns 11,162 shares of the company’s stock, valued at approximately $216,542.80. The disclosure for this purchase can be found here. Corporate insiders own 8.07% of the company’s stock.

Large investors have recently made changes to their positions in the business. Oregon Public Employees Retirement Fund grew its stake in shares of Vishay Intertechnology by 1.4% in the second quarter. Oregon Public Employees Retirement Fund now owns 53,626 shares of the semiconductor company’s stock valued at $886,000 after buying an additional 756 shares in the last quarter. Smith Graham & Co. Investment Advisors LP grew its stake in Vishay Intertechnology by 0.3% during the 3rd quarter. Smith Graham & Co. Investment Advisors LP now owns 325,670 shares of the semiconductor company’s stock valued at $5,514,000 after purchasing an additional 1,000 shares in the last quarter. Arizona State Retirement System grew its stake in Vishay Intertechnology by 1.2% during the 2nd quarter. Arizona State Retirement System now owns 96,048 shares of the semiconductor company’s stock valued at $1,587,000 after purchasing an additional 1,106 shares in the last quarter. Affinity Investment Advisors LLC grew its stake in Vishay Intertechnology by 10.2% during the 2nd quarter. Affinity Investment Advisors LLC now owns 17,154 shares of the semiconductor company’s stock valued at $283,000 after purchasing an additional 1,587 shares in the last quarter. Finally, Parallax Volatility Advisers L.P. acquired a new stake in Vishay Intertechnology during the 2nd quarter valued at approximately $31,000. Institutional investors own 86.46% of the company’s stock.

VSH stock traded up $0.46 on Friday, reaching $20.09. 828,028 shares of the company’s stock were exchanged, compared to its average volume of 1,139,349. The stock has a fifty day moving average of $19.25 and a 200-day moving average of $17.03. Vishay Intertechnology has a twelve month low of $14.36 and a twelve month high of $22.94. The firm has a market cap of $2.90 billion, a PE ratio of 9.48 and a beta of 1.54. The company has a quick ratio of 2.59, a current ratio of 3.52 and a debt-to-equity ratio of 0.39.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Thursday, December 12th will be given a dividend of $0.095 per share. The ex-dividend date is Wednesday, December 11th. This represents a $0.38 annualized dividend and a yield of 1.89%. Vishay Intertechnology’s dividend payout ratio (DPR) 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.

Recommended Story: What is the CAC 40 Index?

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.