Director Shoshani Ziv sold 3,520 shares in Vishay Intertechnology, Inc. (NYSE:VSH) for $62,868 in transaction occurred on 2018/12/12. After making this transaction, the Director owns a direct stake of 71,210 shares, worth $1,357,949, as per the last closing price. On 2018/12/10 Wertheimer Thomas C, Director at VSH, dumped 15,000 shares at an average price of $19.7 per share. The selling total is valued at $1,416,614.
Separately, it had been reported that some other VSH insiders also took part of the insider trading activity. Director, Talbert Timothy had divested 5,000 shares for $51,137 through a trade on 2018/09/13. Following this activity, the insider holds 106,850 shares worth $1,104,559 as of recent close. Wall Street’s most bullish Vishay Intertechnology, Inc. (NYSE:VSH) analysts are predicting the share price to blow past $23 per share during the next 12 months. The current median share price forecast by them is $20, suggesting that the stock could increase -7.41% in that time frame. The average price target of $20.33 calls for a nearly -5.88% increase in the stock price.
Vishay Intertechnology, Inc. (VSH) trading activity significantly improved as the volume at ready counter increased to 3,454,015 shares versus 1,165,770 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 1,251,342 shares. The share price rose 10.04% in recent trade and currently has a stock-market value of $3.12B. The shares finished at $21.6, after trading as low as $20.2 earlier in the session. It hit an intraday high Tuesday at $21.83. The stock is now 29.89% above against its bear-market low of $16.63 on January 03, 2019. It has retreated -22.69% since it’s 52-week high of $26.5 reached in July. Now the market price is down -3.14% on the year and up 19.93% YTD.
VSH’s 50 day simple moving average (SMA 50) price is $18.84 and its 200-day simple moving average (SMA 200) price is $20.97. The company’s stock currently has a total float of 143.31M shares. Its weekly volatility is hovering around 3.84% and felt 3.31% volatility in price over a month. On the upside, the share price will test short term resistance at around $22.22. On a downside, the stock is likely to find some support, which begins at $20.59. The failure to get near-term support could push it to $19.58.
It had seen a positive analyst call from Citigroup, which upgraded the stock from Sell to Buy on July 03. Analysts at BofA/Merrill, shed their negative views on May 09 by lifting it fromUnderperform to Buy. Brokerage firm Stifel, looks cautious as they stick to prior recommendation of Hold, in a call on February 07. However, they did change the target price from $23 to $20. Stifel analysts came out with bearish views on November 09 when the call was made. They think the stock is now Hold compared to to their prior call for Buy.
When looking at valuations, Vishay Intertechnology, Inc. (VSH) has a pricey P/E of 10.43x as compared to industry average of 7.69x. Moreover, it trades for 9.86 times the next 12 months of expected earnings. Also, it is trading at rather expensive levels at just over 2.14x price/book and 1.06x price/sales. Compared to others, Vishay Intertechnology, Inc. is in a different league with regards to profitability, having net margins of 2.2%. To put some perspective around this, the industry’s average net margin is 21.22%. VSH’s ROE is 4.5%, which is also considerably worse than the industry’s ROE of 9.21%. It’s also very liquid in the near term, with a current ratio of 3.7. The stock has a debt/capital of 0.46.
Shares of Vishay Intertechnology, Inc. (VSH) have gained 12.4% since the company’s last earnings report. Over the past 12 fiscal quarters, Vishay Intertechnology, Inc. (NYSE:VSH) has topped consensus earnings estimates in 8 quarters (66%), missed earnings in 2 quarters (16%), whereas at 2 occasion EPS met analyst expectations. VSH last reported earnings on October 30, 2018 when it released Sep-18 results that exceeded expectations. The company raked in $0.6 per share, -95.43% change on the same period last year. That was better than consensus for $0.53. Revenue for the recent quarter stood at $780.97 million, up 15% on last year and above the $779.88 million predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $750.7 million to $783.9 million, which should be compared with $0 generated last year. EPS is seen in a range of $0.53 to $0.6, against the 0 reported a year ago.