Visteon Corp Sets New 1-Year High at $96.79 (VC)
Visteon Corp (NYSE:VC) shares reached a new 52-week high on Monday , AnalystRatingsNetwork reports. The company traded as high as $96.79 and last traded at $96.66, with a volume of 139,903 shares changing hands. The stock had previously closed at $96.30.
A number of analysts have recently weighed in on VC shares. Analysts at Gabelli initiated coverage on shares of Visteon Corp in a research note on Wednesday, June 4th. They set a “buy” rating and a $112.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Visteon Corp in a research note on Wednesday, May 14th. They now have a $109.00 price target on the stock, up previously from $103.00. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Visteon Corp in a research note on Thursday, April 10th. They now have a $102.00 price target on the stock, up previously from $93.00. One investment analyst has rated the stock with a sell rating and eight have issued a buy rating to the company’s stock. Visteon Corp currently has an average rating of “Buy” and an average price target of $97.53.
The stock’s 50-day moving average is $92.90 and its 200-day moving average is $86.13. The company has a market cap of $4.697 billion and a P/E ratio of 7.61.
Visteon Corp (NYSE:VC) last released its earnings data on Thursday, May 8th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.29. The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the previous year, the company posted $1.34 earnings per share. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. Analysts expect that Visteon Corp will post $2.97 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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