The stock of Vishay Intertechnology (NYSE:VSH) hit a new 52-week high and has $21.64 target or 52.00% above today’s $14.24 share price. The 8 months bullish chart indicates low risk for the $2.07 billion company. The 1-year high was reported on Oct, 10 by Barchart.com. If the $21.64 price target is reached, the company will be worth $1.08B more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 100,614 shares traded hands. Vishay Intertechnology (NYSE:VSH) has risen 15.34% since March 7, 2016 and is uptrending. It has outperformed by 7.75% the S&P500.
Analysts await Vishay Intertechnology (NYSE:VSH) to report earnings on November, 1. They expect $0.24 EPS, up 41.18% or $0.07 from last year’s $0.17 per share. VSH’s profit will be $34.89 million for 14.83 P/E if the $0.24 EPS becomes a reality. After $0.23 actual EPS reported by Vishay Intertechnology for the previous quarter, Wall Street now forecasts 4.35% EPS growth.
Vishay Intertechnology (NYSE:VSH) Ratings Coverage
Out of 4 analysts covering Vishay Intertechnology (NYSE:VSH), 0 rate it a “Buy”, 2 “Sell”, while 2 “Hold”. This means 0 are positive. Vishay Intertechnology has been the topic of 5 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The rating was downgraded by Citigroup to “Sell” on Friday, October 23. Bank of America downgraded the shares of VSH in a report on Wednesday, August 5 to “Underperform” rating. The firm has “Hold” rating given on Saturday, September 5 by TheStreet.
According to Zacks Investment Research, “Vishay Intertechnology, Inc. is a leading international manufacturer and supplier of discrete passive electronic components and discrete active electronic components, particularly resistors, capacitors, inductors, diodes and transistors. The company offers its customers one-stop access to one of the most comprehensive electronic component lines of any manufacturer in the United States or Europe. Passive electronic components, discrete active electronic components and integrated circuits are the primary elements of every electronic circuit.”
Insitutional Activity: The institutional sentiment increased to 1.47 in 2016 Q2. Its up 0.10, from 1.37 in 2016Q1. The ratio is positive, as 18 funds sold all Vishay Intertechnology shares owned while 59 reduced positions. 26 funds bought stakes while 87 increased positions. They now own 149.92 million shares or 0.17% more from 149.67 million shares in 2016Q1.
Art Advsr Ltd Com has invested 0.02% of its portfolio in Vishay Intertechnology (NYSE:VSH). Kanaly Tru Communications accumulated 0% or 529 shares. Aegis Corp holds 1.35% of its portfolio in Vishay Intertechnology (NYSE:VSH) for 111,244 shares. Weaver C Barksdale And Assoc Incorporated has 779 shares for 0.02% of their US portfolio. Meeder Asset Management owns 46,931 shares or 0.05% of their US portfolio. Gsa Capital Llp accumulated 35,639 shares or 0.02% of the stock. Menta Limited Liability Com last reported 0.08% of its portfolio in the stock. Ameritas Investment Prtn owns 31,887 shares or 0.03% of their US portfolio. Creative Planning owns 1,358 shares or 0% of their US portfolio. Picton Mahoney Asset Mngmt accumulated 6,200 shares or 0% of the stock. Moreover, Oppenheimer Company Inc has 0.01% invested in Vishay Intertechnology (NYSE:VSH) for 22,500 shares. Ladenburg Thalmann Fincl Serv accumulated 4,822 shares or 0% of the stock. Moreover, Metropolitan Life Insurance Ny has 0.02% invested in Vishay Intertechnology (NYSE:VSH) for 221,226 shares. Kcg Hldgs Incorporated last reported 0.01% of its portfolio in the stock. Schroder Inv Mngmt Group owns 5.54 million shares or 0.14% of their US portfolio.
More notable recent Vishay Intertechnology (NYSE:VSH) news were published by: Globenewswire.com which released: “New Vishay Intertechnology Series of Wide Terminal Thin Film Chip Resistors …” on September 08, 2016, also Finance.Yahoo.com with their article: “New Vishay Intertechnology 4-Line ESD Protection Diode Provides Extreme Size …” published on September 22, 2016, Finance.Yahoo.com published: “Vishay Intertechnology’s Energy Storage Capacitors Honored in Electronic …” on September 12, 2016. More interesting news about Vishay Intertechnology (NYSE:VSH) were released by: Nasdaq.com and their article: “Ex-Dividend Reminder: GATX, Vishay Intertechnology and Belden” published on September 09, 2016 as well as Globenewswire.com‘s news article titled: “Vishay Intertechnology Low-Profile, High-Current Inductors Optimized for High …” with publication date: September 19, 2016.
VSH Company Profile
Vishay Intertechnology, Inc., incorporated on July 3, 1962, is a global maker and supplier of discrete semiconductors and passive components. The Firm operates through five divisions: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. The Company’s products are of two classes: semiconductors and passive components. The Company’s semiconductors include MOSFETs, diodes and optoelectronic components, which operate in both the commodity and non-commodity markets. The Company’s passive components include resistors, capacitors and magnetics, such as inductors and transformers. Discrete semiconductors and passive components supports the microprocessor chips and other integrated circuits (ICs) that coordinate and control the functions of electronic devices and equipment. It offers its clients access to electronic component product lines of any maker in the United States, Europe and Asia.
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