Analysts expect Visteon Corp (NYSE:VC) to report earnings per share (EPS) of $1.70 for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for Visteon’s earnings. The lowest EPS estimate is $1.52 and the highest is $1.85. Visteon posted earnings of $1.82 per share in the same quarter last year, which indicates a negative year over year growth rate of 6.6%. The firm is scheduled to announce its next quarterly earnings results on Thursday, February 22nd.

According to Zacks, analysts expect that Visteon will report full year earnings of $6.25 per share for the current fiscal year, with EPS estimates ranging from $6.10 to $6.37. For the next year, analysts expect that the business will post earnings of $6.95 per share, with EPS estimates ranging from $6.55 to $7.30. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Visteon.

Visteon (NYSE:VC) last announced its quarterly earnings data on Thursday, October 26th. The auto parts company reported $1.42 EPS for the quarter, beating the Zacks’ consensus estimate of $1.25 by $0.17. Visteon had a return on equity of 29.13% and a net margin of 4.83%. The firm had revenue of $765.00 million during the quarter, compared to analysts’ expectations of $761.95 million. During the same quarter last year, the firm posted $1.10 earnings per share. The company’s revenue for the quarter was down .6% compared to the same quarter last year.

VC has been the subject of a number of research reports. FBR & Co raised their price objective on Visteon from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Zacks Investment Research raised Visteon from a “hold” rating to a “buy” rating and set a $139.00 target price on the stock in a research report on Wednesday, October 18th. Robert W. Baird reaffirmed a “buy” rating and set a $143.00 target price on shares of Visteon in a research report on Tuesday, October 17th. B. Riley reaffirmed a “buy” rating on shares of Visteon in a research report on Wednesday, November 1st. Finally, Barclays lifted their target price on Visteon from $107.00 to $112.00 and gave the company an “equal weight” rating in a research report on Friday, October 27th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Visteon currently has an average rating of “Buy” and an average price target of $123.86.

Shares of Visteon (NYSE VC) traded down $0.94 during trading on Wednesday, reaching $127.04. The company’s stock had a trading volume of 231,400 shares, compared to its average volume of 303,318. The company has a quick ratio of 1.76, a current ratio of 1.97 and a debt-to-equity ratio of 0.47. Visteon has a 12-month low of $79.54 and a 12-month high of $133.04. The firm has a market capitalization of $3,990.00, a PE ratio of 20.15, a PEG ratio of 1.37 and a beta of 0.85.

In other Visteon news, insider Robert R. Vallance sold 1,106 shares of the business’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $121.12, for a total value of $133,958.72. Following the transaction, the insider now owns 4,086 shares of the company’s stock, valued at $494,896.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Stephanie S. Marianos sold 512 shares of the business’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of $119.74, for a total value of $61,306.88. Following the completion of the transaction, the vice president now directly owns 431 shares in the company, valued at approximately $51,607.94. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,622 shares of company stock worth $1,738,386. 0.19% of the stock is owned by insiders.

Institutional investors and hedge funds have recently modified their holdings of the business. Tower Research Capital LLC TRC raised its stake in shares of Visteon by 2,531.6% in 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 raised its stake in shares of Visteon by 6.2% in 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 raised its stake in shares of Visteon by 2.8% in 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 raised its stake in shares of Visteon by 64.6% in 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 bought a new stake in shares of Visteon in the second quarter valued at $153,000.

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Visteon Company Profile

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 (NYSE:VC)

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