Vishay Intertechnology (VSH - Free Report) closed at $19.22 in the latest trading session, marking a +1.42% move from the prior day. This change outpaced the S&P 500's 0.3% gain on the day. At the same time, the Dow 0%, and the tech-heavy Nasdaq gained 0.92%.
Prior to today's trading, shares of the chipmaker had gained 12.99% over the past month. This has outpaced the Computer and Technology sector's loss of 6.3% and the S&P 500's loss of 4.06% in that time.
Wall Street will be looking for positivity from VSH as it approaches its next earnings report date. This is expected to be February 5, 2019. On that day, VSH is projected to report earnings of $0.51 per share, which would represent year-over-year growth of 37.84%. Our most recent consensus estimate is calling for quarterly revenue of $765 million, up 13.42% from the year-ago period.
VSH's full-year Zacks Consensus Estimates are calling for earnings of $2.05 per share and revenue of $3.02 billion. These results would represent year-over-year changes of +43.36% and +16.14%, respectively.
Investors should also note any recent changes to analyst estimates for VSH. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.67% higher. VSH is currently sporting a Zacks Rank of #2 (Buy).
Digging into valuation, VSH currently has a Forward P/E ratio of 9.36. This valuation marks a discount compared to its industry's average Forward P/E of 10.56.
We can also see that VSH currently has a PEG ratio of 1.02. 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 0.86 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 10, which puts it in the top 4% 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.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.