Shares of Visteon Co. (NASDAQ:VC – Get Free Report) have earned a consensus rating of “Moderate Buy” from the eleven ratings firms that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $142.36.
A number of brokerages have recently commented on VC. Wolfe Research reissued a “peer perform” rating on shares of Visteon in a research note on Thursday, January 4th. JPMorgan Chase & Co. cut their price target on Visteon from $146.00 to $145.00 and set a “neutral” rating on the stock in a research note on Monday, April 22nd. Robert W. Baird cut their price target on Visteon from $140.00 to $137.00 and set an “outperform” rating on the stock in a research note on Friday. Bank of America cut their price objective on Visteon from $165.00 to $160.00 and set a “buy” rating on the stock in a research note on Thursday, February 29th. Finally, Royal Bank of Canada cut their price objective on Visteon from $188.00 to $146.00 and set an “outperform” rating on the stock in a research note on Thursday, March 7th.
View Our Latest Analysis on VC
Institutional Investors Weigh In On Visteon
Visteon Trading Up 2.3 %
Shares of Visteon stock opened at $112.19 on Friday. The business has a fifty day simple moving average of $113.58 and a two-hundred day simple moving average of $118.46. Visteon has a 1 year low of $105.19 and a 1 year high of $159.87. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 6.53, a P/E/G ratio of 0.50 and a beta of 1.65. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.74 and a quick ratio of 1.42.
Visteon (NASDAQ:VC – Get Free Report) last posted its quarterly earnings data on Thursday, April 25th. The company reported $1.61 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.14). Visteon had a return on equity of 57.45% and a net margin of 12.29%. The firm had revenue of $933.00 million for the quarter, compared to the consensus estimate of $971.45 million. During the same quarter in the previous year, the business earned $1.25 EPS. The firm’s quarterly revenue was down 3.5% on a year-over-year basis. Research analysts forecast that Visteon will post 8.68 EPS for the current year.
About Visteon
Visteon Corporation, an automotive technology company, designs, manufactures, and sells automotive electronics and connected car solutions for vehicle manufacturers worldwide. The company provides instrument clusters, including analog gauge clusters for 2-D and 3-D display-based devices; information displays that integrate a range of user interface technologies and graphics management capabilities, such as active privacy, TrueColor enhancement, local dimming, cameras, optics, haptic feedback, and light effects; and infotainment and connected car solutions, including scalable Android infotainment for seamless connectivity, as well as onboard artificial intelligence-based voice assistants with natural language understanding.
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