Visteon Co. (NASDAQ:VC) Receives Average Recommendation of "Hold" from Brokerages

Shares of Visteon Co. (NASDAQ:VC - Get Free Report) have been given an average rating of "Hold" by the ten research firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $146.00.

A number of equities analysts recently weighed in on the stock. BNP Paribas lowered shares of Visteon from an "outperform" rating to a "neutral" rating and set a $130.00 price target on the stock. in a research report on Wednesday, December 13th. Bank of America decreased their target price on shares of Visteon from $165.00 to $160.00 and set a "buy" rating on the stock in a report on Thursday, February 29th. UBS Group upgraded shares of Visteon from a "neutral" rating to a "buy" rating and boosted their target price for the company from $143.00 to $145.00 in a report on Wednesday, January 17th. JPMorgan Chase & Co. decreased their target price on shares of Visteon from $160.00 to $148.00 and set a "neutral" rating on the stock in a report on Thursday, January 25th. Finally, Wolfe Research reiterated a "peer perform" rating on shares of Visteon in a report on Thursday, January 4th.

Institutional Investors Weigh In On Visteon

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Covestor Ltd increased its stake in Visteon by 105.7% during the 3rd quarter. Covestor Ltd now owns 216 shares of the company's stock worth $30,000 after buying an additional 111 shares during the period. Parallel Advisors LLC increased its stake in Visteon by 98.6% during the 4th quarter. Parallel Advisors LLC now owns 286 shares of the company's stock worth $36,000 after buying an additional 142 shares during the period. Rockefeller Capital Management L.P. increased its stake in Visteon by 1,286.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 305 shares of the company's stock worth $39,000 after buying an additional 283 shares during the period. Acadian Asset Management LLC purchased a new stake in Visteon during the 1st quarter worth approximately $38,000. Finally, CWM LLC increased its stake in Visteon by 53.6% during the 4th quarter. CWM LLC now owns 401 shares of the company's stock worth $50,000 after buying an additional 140 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

Visteon Price Performance

VC traded down $2.19 on Tuesday, reaching $115.10. 258,704 shares of the company's stock were exchanged, compared to its average volume of 275,427. The stock has a market cap of $3.16 billion, a PE ratio of 6.70, a P/E/G ratio of 0.53 and a beta of 1.65. Visteon has a twelve month low of $108.65 and a twelve month high of $159.87. The stock's fifty day moving average price is $116.58 and its 200-day moving average price is $121.42. 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 results on Tuesday, February 20th. The company reported $13.01 earnings per share for the quarter, topping analysts' consensus estimates of $2.09 by $10.92. The firm had revenue of $990.00 million for the quarter, compared to analyst estimates of $1.05 billion. Visteon had a net margin of 12.29% and a return on equity of 57.45%. Visteon's quarterly revenue was down 7.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.32 earnings per share. Sell-side analysts expect that Visteon will post 8.72 EPS for the current year.

Visteon Company Profile

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.