Vishay Intertechnology (VSH) Flat As Market Sinks: What You Should Know
In the latest trading session, Vishay Intertechnology (VSH) closed at $20.38, marking no change from the previous day. This move was narrower than the S&P 500's daily loss of 0.23%. Elsewhere, the Dow lost 0.01%, while the tech-heavy Nasdaq lost 0.05%.
Prior to today's trading, shares of the chipmaker had gained 1.9% over the past month. This has lagged the Computer and Technology sector's gain of 4.13% and the S&P 500's gain of 3.16% in that time.
Investors will be hoping for strength from VSH as it approaches its next earnings release, which is expected to be May 9, 2019. The company is expected to report EPS of $0.50, up 25% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $750 million, up 4.63% from the prior-year quarter.
VSH's full-year Zacks Consensus Estimates are calling for earnings of $2.16 per share and revenue of $3.05 billion. These results would represent year-over-year changes of +1.89% and +0.48%, respectively.
Investors should also note any recent changes to analyst estimates for VSH. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. VSH currently has a Zacks Rank of #3 (Hold).
Investors should also note VSH's current valuation metrics, including its Forward P/E ratio of 9.44. This represents a discount compared to its industry's average Forward P/E of 16.57.
It is also worth noting that VSH currently has a PEG ratio of 1.03. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Semiconductor - Discretes was holding an average PEG ratio of 1.1 at yesterday's closing price.
The Semiconductor - Discretes industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 96, which puts it in the top 38% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.