Vishay Intertechnology (VSH) closed the most recent trading day at $21.64, moving +0.42% from the previous trading session. This move lagged the S&P 500's daily gain of 1.02%.
Coming into today, shares of the chipmaker had lost 1.01% in the past month. In that same time, the Computer and Technology sector gained 1.36%, while the S&P 500 gained 3.01%.
VSH will be looking to display strength as it nears its next earnings release, which is expected to be August 10, 2021. The company is expected to report EPS of $0.59, up 227.78% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $820.8 million, up 41.1% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.18 per share and revenue of $3.22 billion. These totals would mark changes of +136.96% and +28.79%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for VSH. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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 has moved 0.31% higher. VSH is currently sporting a Zacks Rank of #3 (Hold).
Digging into valuation, VSH currently has a Forward P/E ratio of 9.89. For comparison, its industry has an average Forward P/E of 14.78, which means VSH is trading at a discount to the group.
Also, we should mention that VSH has a PEG ratio of 0.49. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Semiconductor - Discretes stocks are, on average, holding a PEG ratio of 0.49 based on yesterday's closing prices.
The Semiconductor - Discretes industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 110, which puts it in the top 44% 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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