Visteon Corp. Director Harry James Wilson Sells 2,500 Shares (VC)
Visteon Corp. (NYSE:VC) Director Harry James Wilson unloaded 2,500 shares of Visteon Corp. stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $73.40, for a total value of $183,500.00. Following the sale, the director now directly owns 2,500 shares of the company’s stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
VC has been the subject of a number of recent research reports. Analysts at TheStreet upgraded shares of Visteon Corp. (NYSE:VC) from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, September 4th. Separately, analysts at Zacks downgraded shares of Visteon Corp. (NYSE:VC) from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, August 16th. They now have a $75.60 price target on the stock. Finally, analysts at Guggenheim raised their price target on shares of Visteon Corp. (NYSE:VC) from $69.00 to $87.00 in a research note to investors on Wednesday, August 14th. They now have a “buy” rating on the stock.
One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $80.72.
Shares of Visteon Corp. (NYSE:VC) traded down 0.50% during mid-day trading on Wednesday, hitting $74.33. The stock had a trading volume of 318,633 shares. Visteon Corp. has a 1-year low of $42.48 and a 1-year high of $75.15. The stock’s 50-day moving average is $69.65 and its 200-day moving average is $62.88. The company has a market cap of $3.720 billion and a price-to-earnings ratio of 20.76.
Visteon Corp. (NYSE:VC) last announced its earnings results on Thursday, August 8th. The company reported $1.29 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.05 by $0.24. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same quarter last year, the company posted $1.40 earnings per share. Visteon Corp.’s revenue was up 11.8% compared to the same quarter last year. Analysts expect that Visteon Corp. will post $6.08 EPS for the current fiscal year.
Visteon Corporation (NYSE:VC) is a global supplier of climate, electronics and interiors systems, modules and components to automotive original equipment manufacturers (OEM), including BMW, Chrysler, Daimler, Ford, General Motors, Honda, Hyundai, Kia, Nissan, PSA Peugeot Citroen, Renault, Toyota and Volkswagen.
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