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

Visteon Co. (NASDAQ:VC - Get Free Report) has received a consensus rating of "Hold" from the fourteen brokerages that are presently covering the firm, Marketbeat.com reports. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $98.58.

A number of analysts have recently issued reports on VC shares. TD Cowen began coverage on shares of Visteon in a report on Friday, March 7th. They set a "buy" rating and a $108.00 price target on the stock. Barclays restated an "equal weight" rating and set a $82.00 price objective (down previously from $110.00) on shares of Visteon in a research report on Tuesday, April 15th. Guggenheim cut their target price on shares of Visteon from $108.00 to $91.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Morgan Stanley lowered their price target on Visteon from $100.00 to $95.00 and set an "equal weight" rating on the stock in a report on Monday, March 3rd. Finally, Robert W. Baird raised their price target on Visteon from $76.00 to $86.00 and gave the stock a "neutral" rating in a research note on Friday, April 25th.

Visteon Price Performance

VC opened at $80.54 on Wednesday. The stock has a fifty day simple moving average of $78.05 and a two-hundred day simple moving average of $84.88. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 8.21, a price-to-earnings-growth ratio of 0.42 and a beta of 1.23. The company has a current ratio of 1.74, a quick ratio of 1.47 and a debt-to-equity ratio of 0.23. Visteon has a 12-month low of $65.10 and a 12-month high of $117.94.

Visteon (NASDAQ:VC - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The company reported $2.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.70 by $0.70. The company had revenue of $934.00 million during the quarter, compared to analysts' expectations of $906.38 million. Visteon had a net margin of 7.09% and a return on equity of 24.58%. Visteon's revenue was up .1% on a year-over-year basis. During the same period last year, the company posted $1.61 EPS. Research analysts predict that Visteon will post 8.42 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Visteon

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Visteon by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 2,909,217 shares of the company's stock worth $258,106,000 after acquiring an additional 16,442 shares in the last quarter. American Century Companies Inc. raised its position in shares of Visteon by 58.8% in the 4th quarter. American Century Companies Inc. now owns 1,448,017 shares of the company's stock valued at $128,468,000 after purchasing an additional 536,073 shares during the last quarter. Invesco Ltd. boosted its stake in Visteon by 5.6% in the 4th quarter. Invesco Ltd. now owns 1,184,511 shares of the company's stock worth $105,090,000 after purchasing an additional 62,610 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in Visteon by 5.2% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 908,715 shares of the company's stock worth $80,621,000 after purchasing an additional 45,058 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Visteon by 17.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 844,068 shares of the company's stock valued at $74,886,000 after purchasing an additional 124,897 shares in the last quarter. Institutional investors own 99.71% of the company's stock.

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.

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