Brokerages Set Visteon Co. (NASDAQ:VC) PT at $96.25

Visteon Co. (NASDAQ:VC - Get Free Report) has been given an average recommendation of "Hold" by the fourteen brokerages that are currently covering the company, Marketbeat reports. Eight investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $96.25.

A number of research analysts have recently issued reports on VC shares. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $74.00 price objective (down from $103.00) on shares of Visteon in a research note on Thursday, April 10th. 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 report on Friday, April 25th. Wells Fargo & Company lifted their price target on Visteon from $96.00 to $101.00 and gave the stock an "overweight" rating in a research note on Monday, May 19th. Guggenheim dropped their price objective on Visteon from $108.00 to $91.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Finally, Royal Bank of Canada cut their target price on shares of Visteon from $127.00 to $100.00 and set an "outperform" rating on the stock in a report on Wednesday, February 19th.

Visteon Price Performance

NASDAQ VC traded up $0.06 on Friday, reaching $84.86. 268,140 shares of the company's stock traded hands, compared to its average volume of 314,018. The stock has a market cap of $2.31 billion, a PE ratio of 8.65, a P/E/G ratio of 0.42 and a beta of 1.23. Visteon has a 12 month low of $65.10 and a 12 month high of $117.94. The stock has a 50-day simple moving average of $78.66 and a 200 day simple moving average of $83.99. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.74 and a quick ratio of 1.47.

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

Institutional Investors Weigh In On Visteon

A number of large investors have recently modified their holdings of VC. LPL Financial LLC grew its holdings in shares of Visteon by 2.6% during the 4th quarter. LPL Financial LLC now owns 6,166 shares of the company's stock worth $547,000 after acquiring an additional 156 shares during the period. Xponance Inc. lifted its stake in shares of Visteon by 4.7% in the 4th quarter. Xponance Inc. now owns 3,898 shares of the company's stock valued at $346,000 after purchasing an additional 175 shares during the period. Summit Investment Advisors Inc. boosted its position in shares of Visteon by 2.2% during the fourth quarter. Summit Investment Advisors Inc. now owns 8,519 shares of the company's stock valued at $756,000 after purchasing an additional 182 shares in the last quarter. Covestor Ltd grew its stake in Visteon by 9.9% in the first quarter. Covestor Ltd now owns 2,531 shares of the company's stock worth $196,000 after purchasing an additional 227 shares during the period. Finally, Signaturefd LLC raised its holdings in Visteon by 33.5% in the first quarter. Signaturefd LLC now owns 913 shares of the company's stock worth $71,000 after purchasing an additional 229 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.