Vishay Intertechnology (NYSE:VSH) Sets New 1-Year Low – Time to Sell?

Vishay Intertechnology, Inc. (NYSE:VSH)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as $15.27 and last traded at $15.37, with a volume of 19811 shares. The stock had previously closed at $15.36.

Analyst Ratings Changes

Several equities analysts have recently weighed in on VSH shares. TD Cowen reduced their price objective 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. StockNews.com lowered shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Monday, November 11th.

Vishay Intertechnology Price Performance

The stock has a 50-day moving average of $17.86 and a two-hundred day moving average of $20.71. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 24.77 and a beta of 1.09. The company has a current ratio of 2.81, a quick ratio of 1.85 and a debt-to-equity ratio of 0.38.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, November 6th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.06). The firm 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%. The business’s revenue was down 13.9% on a year-over-year basis. During the same period last year, the business earned $0.60 earnings per share. On average, analysts anticipate that Vishay Intertechnology, Inc. will post 0.55 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Tuesday, December 3rd will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.62%. The ex-dividend date of this dividend is Tuesday, December 3rd. Vishay Intertechnology’s dividend payout ratio (DPR) is currently 64.52%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Coldstream Capital Management Inc. acquired a new stake in Vishay Intertechnology during the 3rd quarter worth about $196,000. Y Intercept Hong Kong Ltd purchased a new stake in Vishay Intertechnology in the 3rd quarter worth approximately $453,000. Dean Investment Associates LLC boosted its stake in shares of Vishay Intertechnology by 32.8% during the 3rd quarter. Dean Investment Associates LLC now owns 153,730 shares of the semiconductor company’s stock valued at $2,907,000 after buying an additional 37,951 shares during the period. Weiss Asset Management LP purchased a new position in shares of Vishay Intertechnology during the 3rd quarter valued at $1,055,000. Finally, Systematic Financial Management LP grew its stake in Vishay Intertechnology by 15.1% in the third quarter. Systematic Financial Management LP now owns 1,388,337 shares of the semiconductor company’s stock valued at $26,253,000 after purchasing an additional 182,212 shares in the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Company Profile

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.