Equities research analysts expect that Visteon Corporation (NYSE:VC) will report earnings per share of $1.25 for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for Visteon Corporation’s earnings, with the lowest EPS estimate coming in at $1.12 and the highest estimate coming in at $1.33. Visteon Corporation reported earnings of $1.10 per share in the same quarter last year, which suggests a positive year over year growth rate of 13.6%. The business is scheduled to announce its next quarterly earnings report on Thursday, October 26th.

According to Zacks, analysts expect that Visteon Corporation will report full year earnings of $6.08 per share for the current financial year, with EPS estimates ranging from $5.90 to $6.25. For the next financial year, analysts expect that the company will post earnings of $6.87 per share, with EPS estimates ranging from $6.55 to $7.06. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that cover Visteon Corporation.

Visteon Corporation (NYSE:VC) last posted its quarterly earnings data on Thursday, July 27th. The auto parts company reported $1.38 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.24 by $0.14. The business had revenue of $774 million during the quarter, compared to the consensus estimate of $770.96 million. Visteon Corporation had a return on equity of 27.56% and a net margin of 4.35%. Visteon Corporation’s quarterly revenue was up .1% on a year-over-year basis. During the same period in the prior year, the business posted $1.22 earnings per share.

Several analysts have weighed in on the stock. Barclays PLC reissued an “equal weight” rating and issued a $98.00 price target (up from $97.00) on shares of Visteon Corporation in a research note on Wednesday, August 2nd. BidaskClub downgraded shares of Visteon Corporation from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 31st. Zacks Investment Research raised shares of Visteon Corporation from a “hold” rating to a “buy” rating and set a $117.00 price target for the company in a research note on Thursday, July 13th. Wells Fargo & Company raised shares of Visteon Corporation from a “market perform” rating to an “outperform” rating and set a $140.00 price target for the company in a research note on Monday, July 31st. Finally, BMO Capital Markets boosted their price target on shares of Visteon Corporation from $115.00 to $130.00 and gave the stock an “outperform” rating in a research note on Monday, July 31st. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Visteon Corporation presently has a consensus rating of “Buy” and an average price target of $113.00.

Visteon Corporation (NYSE:VC) traded up 0.99% during mid-day trading on Friday, reaching $114.96. The company had a trading volume of 288,167 shares. The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 27.79 and a beta of 0.81. The firm has a 50-day moving average price of $112.75 and a 200 day moving average price of $102.29. Visteon Corporation has a 12-month low of $64.95 and a 12-month high of $116.78.

In related news, insider Matthew M. Cole sold 1,359 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $114.19, for a total transaction of $155,184.21. Following the transaction, the insider now owns 693 shares in the company, valued at $79,133.67. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Sunil K. Bilolikar sold 2,394 shares of the business’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $110.93, for a total transaction of $265,566.42. Following the transaction, the insider now owns 300 shares in the company, valued at approximately $33,279. The disclosure for this sale can be found here. Corporate insiders own 0.19% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC increased its position in shares of Visteon Corporation by 2,531.6% during the second quarter. Tower Research Capital LLC TRC now owns 1,000 shares of the auto parts company’s stock valued at $102,000 after buying an additional 962 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of Visteon Corporation by 6.2% during the second quarter. The Manufacturers Life Insurance Company now owns 1,040 shares of the auto parts company’s stock valued at $106,000 after buying an additional 61 shares during the period. Quantbot Technologies LP increased its position in shares of Visteon Corporation by 2.8% during the second quarter. Quantbot Technologies LP now owns 1,089 shares of the auto parts company’s stock valued at $111,000 after buying an additional 30 shares during the period. BNP Paribas Arbitrage SA increased its position in shares of Visteon Corporation by 64.6% during the second quarter. BNP Paribas Arbitrage SA now owns 1,340 shares of the auto parts company’s stock valued at $137,000 after buying an additional 526 shares during the period. Finally, Riverhead Capital Management LLC purchased a new position in shares of Visteon Corporation during the second quarter valued at about $153,000.

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About Visteon Corporation

Visteon Corporation is a global automotive supplier that designs, engineers and manufactures electronics products for original equipment vehicle manufacturer (OEM), including Ford, Mazda, Nissan/Renault, General Motors, Honda BMW and Daimler. The Company operates through Electronics segment. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment, audio systems, telematics solutions and head up displays.

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Earnings History and Estimates for Visteon Corporation (NYSE:VC)

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