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Vishay (VSH) Boosts Its Opto Offerings With New Optocouplers
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Vishay Intertechnology (VSH - Free Report) unveiled five new optocouplers, namely VOH260A, VOIH060A, VOWH260A, VOH263A and VOIH063A, in a bid to boost its optoelectronics offerings.
Notably, these 10 MBd high-speed optocouplers boast a voltage supply range of 2.7 V to 5.5 V and an open collector output.
Further, these devices released in DIP-8, SMD-8, and SOIC-8 packages feature an efficient LED and integrated photodetector logic gate, reducing supply current and turn-on threshold.
Additionally, the optocouplers, with their internal shield and low turn-on threshold, are ideal for noise isolation and ground loop breaking due to their minimal common mode transient immunity.
We note that the devices are ideal for data communications, high-speed conversion, level shifting, and high-voltage safety in automation equipment, motor drives, and tools.
Vishay remains well-poised to gain strong traction across industrial applications on the back of the underlined devices.
The latest move is in sync with the company’s deepening focus on strengthening its footprint in the global optocouplers market.
Per a Mordor Intelligence report, the global optocouplers market size is expected to reach $3.89 billion by 2028, witnessing a CAGR of 9% between 2023 and 2028.
A Future Market Insights report indicates the global optocouplers market will reach $6.56 billion by 2033, exhibiting a CAGR of 9.2% between 2023 and 2033.
We believe that growing prospects in this booming optocouplers market are likely to instill investors’ optimism in the stock.
Vishay has gained 6% on a year-to-date basis against the industry’s decline of 29.1%.
Expanding Optoelectronics Segment
Vishay’s latest move bodes well with its growing efforts to expand its optoelectronics portfolio.
Notably, the company introduced three new infrared sensor modules, TSMP95000, TSMP96000, and TSMP98000, designed for remote control systems, offering features like pin-to-pin compatibility and robust performance.
Further, Vishay launched a new reflective optical sensor named VCNT2030, offering enhanced distance sensing capabilities, higher current transfer ratio, and power efficiency compared to previous-generation sensors.
All the above-mentioned endeavors will expand Vishay’s Optoelectronics segment, which, in turn, will likely aid the company’s overall financial performance.
However, geopolitical tensions, inflationary pressures and a softening demand environment remain major concerns for the company.
For fourth-quarter 2023, Vishay expects total revenues of $770-$810 million. The Zacks Consensus Estimate is pegged at $785.10 million, suggesting a year-over-year decline of 8.21%.
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Vishay (VSH) Boosts Its Opto Offerings With New Optocouplers
Vishay Intertechnology (VSH - Free Report) unveiled five new optocouplers, namely VOH260A, VOIH060A, VOWH260A, VOH263A and VOIH063A, in a bid to boost its optoelectronics offerings.
Notably, these 10 MBd high-speed optocouplers boast a voltage supply range of 2.7 V to 5.5 V and an open collector output.
Further, these devices released in DIP-8, SMD-8, and SOIC-8 packages feature an efficient LED and integrated photodetector logic gate, reducing supply current and turn-on threshold.
Additionally, the optocouplers, with their internal shield and low turn-on threshold, are ideal for noise isolation and ground loop breaking due to their minimal common mode transient immunity.
We note that the devices are ideal for data communications, high-speed conversion, level shifting, and high-voltage safety in automation equipment, motor drives, and tools.
Vishay remains well-poised to gain strong traction across industrial applications on the back of the underlined devices.
Vishay Intertechnology, Inc. Price and Consensus
Vishay Intertechnology, Inc. price-consensus-chart | Vishay Intertechnology, Inc. Quote
Growth Prospects
The latest move is in sync with the company’s deepening focus on strengthening its footprint in the global optocouplers market.
Per a Mordor Intelligence report, the global optocouplers market size is expected to reach $3.89 billion by 2028, witnessing a CAGR of 9% between 2023 and 2028.
A Future Market Insights report indicates the global optocouplers market will reach $6.56 billion by 2033, exhibiting a CAGR of 9.2% between 2023 and 2033.
We believe that growing prospects in this booming optocouplers market are likely to instill investors’ optimism in the stock.
Vishay has gained 6% on a year-to-date basis against the industry’s decline of 29.1%.
Expanding Optoelectronics Segment
Vishay’s latest move bodes well with its growing efforts to expand its optoelectronics portfolio.
Notably, the company introduced three new infrared sensor modules, TSMP95000, TSMP96000, and TSMP98000, designed for remote control systems, offering features like pin-to-pin compatibility and robust performance.
Further, Vishay launched a new reflective optical sensor named VCNT2030, offering enhanced distance sensing capabilities, higher current transfer ratio, and power efficiency compared to previous-generation sensors.
All the above-mentioned endeavors will expand Vishay’s Optoelectronics segment, which, in turn, will likely aid the company’s overall financial performance.
However, geopolitical tensions, inflationary pressures and a softening demand environment remain major concerns for the company.
For fourth-quarter 2023, Vishay expects total revenues of $770-$810 million. The Zacks Consensus Estimate is pegged at $785.10 million, suggesting a year-over-year decline of 8.21%.
Zacks Rank & Stocks to Consider
Currently, Vishay carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader technology sector are Badger Meter (BMI - Free Report) , Arista Networks (ANET - Free Report) and Adobe (ADBE - Free Report) . While Badger Meter sports a Zacks Rank #1 (Strong Buy), Arista Networks and Adobe carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Badger Meter have gained 36.1% in the year-to-date period. BMI’s long-term earnings growth rate is currently projected at 20.39%.
Shares of Arista Networks have surged 77.4% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 19.77%.
Shares of Adobe have gained 80.9% in the year-to-date period. ADBE’s long-term earnings growth rate is currently projected at 13.54%.