On May 10, 2025, Malvisi John, a director at Vishay Intertechnology (NYSE:VSH), purchased 8,929 shares of the company's common stock at $22.60 each. This transaction increased his total holdings to 16,438 shares. Vishay Intertechnology is a prominent manufacturer of discrete semiconductors and passive electronic components, operating within the Zacks Semiconductor - Discretes industry.
Vishay's recent financial performance has been challenging. The company reported a breakeven non-GAAP earnings outcome for the fourth quarter of 2024, missing the Zacks Consensus Estimate of $0.11 per share. This is a significant drop from the $0.37 per share reported in the same quarter the previous year. The earnings report represents a negative surprise of 100%, as highlighted by Zacks.
Revenue for the fourth quarter was $714.72 million, falling short of the consensus estimate by 0.73% and marking a 9% decline from the previous year. This underperformance was due to weaknesses in several segments, including MOSFET, Diodes, Optoelectronics, Resistors, and Inductors. Vishay's stock has declined by 15.3% over the past year, underperforming both the Zacks Computer and Technology sector and the S&P 500 index.
Despite these challenges, Vishay's book-to-bill ratio for the fourth quarter was 1.01, indicating a balance between new orders and shipments. The company also reported strong order intake for smart grid infrastructure projects and initial shipments for AI servers. However, the negative price-to-earnings (P/E) ratio of approximately -75 reflects the company's current losses.
Vishay's financial metrics reveal a mixed picture. The price-to-sales ratio is 0.79, suggesting the stock is valued at less than one times its sales. The enterprise value to sales ratio is slightly higher at 0.83, reflecting the company's total valuation, including debt. The debt-to-equity ratio is relatively low at 0.06, indicating a conservative level of debt compared to equity.
