Vishay Intertechnology (NYSE:VSH) Downgraded by StockNews.com to “Sell”

by · The Cerbat Gem

Vishay Intertechnology (NYSE:VSH – Get Free Report) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Monday.

Separately, TD Cowen reduced their price target on shares of Vishay Intertechnology from $24.00 to $22.00 and set a “hold” rating for the company in a research report on Thursday, August 8th.

Check Out Our Latest Stock Analysis on Vishay Intertechnology

Vishay Intertechnology Stock Down 3.0 %

Shares of NYSE VSH traded down $0.53 during mid-day trading on Monday, reaching $17.36. The company had a trading volume of 1,196,216 shares, compared to its average volume of 1,221,558. The stock has a fifty day moving average of $18.07 and a two-hundred day moving average of $20.89. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.98 and a current ratio of 2.81. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 28.00 and a beta of 1.09. Vishay Intertechnology has a 12-month low of $16.65 and a 12-month high of $24.72.

Vishay Intertechnology (NYSE:VSH – Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). The company had revenue of $735.35 million during the quarter, compared to analysts’ expectations of $748.84 million. Vishay Intertechnology had a return on equity of 5.35% and a net margin of 2.88%. Vishay Intertechnology’s revenue for the quarter was down 13.9% compared to the same quarter last year. During the same period last year, the company earned $0.60 earnings per share. As a group, equities research analysts expect that Vishay Intertechnology will post 0.55 EPS for the current year.

Hedge Funds Weigh In On Vishay Intertechnology

Hedge funds have recently added to or reduced their stakes in the company. Matrix Trust Co acquired a new position in Vishay Intertechnology in the third quarter worth approximately $25,000. Massmutual Trust Co. FSB ADV grew its holdings in Vishay Intertechnology by 173.9% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 868 shares during the last quarter. Headlands Technologies LLC grew its holdings in Vishay Intertechnology by 95.7% during the first quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 774 shares during the last quarter. EntryPoint Capital LLC grew its holdings in Vishay Intertechnology by 1,366.2% during the first quarter. EntryPoint Capital LLC now owns 1,950 shares of the semiconductor company’s stock valued at $44,000 after purchasing an additional 1,817 shares during the last quarter. Finally, nVerses Capital LLC acquired a new position in Vishay Intertechnology during the second quarter valued at approximately $45,000. Institutional investors and hedge funds own 93.66% of the company’s stock.

Vishay Intertechnology Company Profile

(Get Free Report)

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

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