Bank of America Securities analyst Ruplu Bhattacharya reiterated a Sell rating on Vishay Intertechnology (VSH – Research Report) on May 12 and set a price target of $19.00. The company’s shares closed last Friday at $24.10.
Bhattacharya covers the Technology sector, focusing on stocks such as CDW, Arrow Electronics, and Flex. According to TipRanks, Bhattacharya has an average return of -16.2% and a 29.79% success rate on recommended stocks.
Vishay Intertechnology has an analyst consensus of Moderate Sell, with a price target consensus of $19.00.
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Based on Vishay Intertechnology’s latest earnings release for the quarter ending April 1, the company reported a quarterly revenue of $871.05 million and a net profit of $112.19 million. In comparison, last year the company earned a revenue of $853.79 million and had a net profit of $103.57 million
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Vishay Intertechnology, Inc. engages in the manufacture and distribution of discrete semiconductors and passive components. It operates through the following segments: MOSFET (metal oxide semiconductor field-effect transistor), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors. The MOSFET segment offers semiconductors which function as solid state switches to control power. The Diodes segment produces semiconductors which route, regulate, and block radio frequency, analog, and power signals, protect systems from surges or electrostatic discharge damage, and provide electromagnetic interference filtering. The Optoelectronic Components segment includes components that emit light, detect light, or do both. The Resistors and Inductors segment deals with components that impede electric current. The Capacitors segment provides components which store energy and discharge it when needed. The company was founded by Felix Zandman in 1962 and is headquartered in Malvern, PA.
Read More on VSH:
- New Vishay Intertechnology Gen 3 650 V SiC Schottky Diodes Increase Efficiency and Reliability for Switching Power Designs
- Vishay Intertechnology Reports First Quarter 2023 Results
- Vishay Intertechnology Announces Amendment and Extension of $750 Million Credit Facility
- VSH Upcoming Earnings Report: What to Expect?
- Vishay Intertechnology to Showcase Latest Power Management Solutions for Next-Generation Applications at PCIM Europe 2023
