Visteon Co. (NASDAQ:VC) Receives $96.25 Consensus PT from Analysts

Visteon Co. (NASDAQ:VC - Get Free Report) has earned a consensus rating of "Hold" from the fourteen brokerages that are presently covering the stock, MarketBeat reports. Eight analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $96.25.

VC has been the subject of several research analyst reports. Barclays reiterated an "equal weight" rating and set a $82.00 target price (down from $110.00) on shares of Visteon in a research note on Tuesday, April 15th. JPMorgan Chase & Co. raised their price objective on shares of Visteon from $90.00 to $97.00 and gave the stock a "neutral" rating in a report on Monday, May 5th. Morgan Stanley cut their target price on shares of Visteon from $95.00 to $90.00 and set an "equal weight" rating on the stock in a research note on Monday, May 19th. 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. Finally, Guggenheim lowered their price objective on Visteon from $108.00 to $91.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd.

Visteon Stock Down 1.5%

NASDAQ:VC traded down $1.29 on Friday, reaching $82.77. The stock had a trading volume of 218,119 shares, compared to its average volume of 313,838. The company has a 50-day moving average of $78.80 and a 200 day moving average of $83.87. The company has a current ratio of 1.74, a quick ratio of 1.47 and a debt-to-equity ratio of 0.23. The stock has a market cap of $2.26 billion, a P/E ratio of 8.44, a price-to-earnings-growth ratio of 0.42 and a beta of 1.19. Visteon has a 12-month low of $65.10 and a 12-month high of $117.94.

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

Institutional Trading of Visteon

Several hedge funds have recently bought and sold shares of VC. Barclays PLC raised its position in shares of Visteon by 60.0% during the 3rd quarter. Barclays PLC now owns 63,716 shares of the company's stock worth $6,068,000 after buying an additional 23,893 shares in the last quarter. KBC Group NV boosted its stake in Visteon by 49.9% during the 4th quarter. KBC Group NV now owns 1,352 shares of the company's stock valued at $120,000 after purchasing an additional 450 shares in the last quarter. Entropy Technologies LP bought a new position in Visteon during the 4th quarter valued at $214,000. Rhumbline Advisers increased its position in shares of Visteon by 2.7% during the 4th quarter. Rhumbline Advisers now owns 88,307 shares of the company's stock valued at $7,835,000 after purchasing an additional 2,303 shares during the period. Finally, State of New Jersey Common Pension Fund D raised its stake in shares of Visteon by 22.9% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 24,098 shares of the company's stock worth $2,138,000 after buying an additional 4,494 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

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.