Vishay Intertechnology (NYSE:VSH) Rating Lowered to “Sell” at StockNews.com

Vishay Intertechnology (NYSE:VSH) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.

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

Vishay Intertechnology Stock Up 4.3 %

VSH traded up $0.79 on Wednesday, reaching $18.98. 7,169,408 shares of the company traded hands, compared to its average volume of 1,304,606. The stock’s 50 day moving average price is $17.57 and its 200-day moving average price is $20.37. Vishay Intertechnology has a 52-week low of $14.95 and a 52-week high of $24.72. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 30.60 and a beta of 1.09. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 1.85.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, November 6th. The semiconductor company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). Vishay Intertechnology had a net margin of 2.88% and a return on equity of 5.35%. The company had revenue of $735.35 million for the quarter, compared to analysts’ expectations of $748.84 million. During the same period in the previous year, the firm posted $0.60 earnings per share. The business’s revenue for the quarter was down 13.9% on a year-over-year basis. On average, sell-side analysts expect that Vishay Intertechnology will post 0.55 EPS for the current fiscal year.

Institutional Trading of Vishay Intertechnology

Large investors have recently modified their holdings of the company. Matrix Trust Co bought a new stake in shares of Vishay Intertechnology during the 3rd quarter worth $25,000. Massmutual Trust Co. FSB ADV boosted its holdings in shares of Vishay Intertechnology by 173.9% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company’s stock worth $30,000 after buying an additional 868 shares during the period. nVerses Capital LLC bought a new stake in shares of Vishay Intertechnology during the 2nd quarter worth $45,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vishay Intertechnology by 11,136.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,135 shares of the semiconductor company’s stock worth $48,000 after buying an additional 2,116 shares during the period. Finally, Adirondack Trust Co. boosted its holdings in shares of Vishay Intertechnology by 71.4% during the 3rd quarter. Adirondack Trust Co. now owns 4,800 shares of the semiconductor company’s stock worth $91,000 after buying an additional 2,000 shares during the period. 93.66% of the stock is owned by institutional investors.

About Vishay Intertechnology

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.