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

Shares of Visteon Corporation (NASDAQ:VC - Get Free Report) have been assigned a consensus rating of "Hold" from the fourteen research firms that are presently covering the company, Marketbeat reports. Eight analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $96.25.

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price target on Visteon from $90.00 to $97.00 and gave the company a "neutral" rating in a research note on Monday, May 5th. Barclays reissued an "equal weight" rating and issued a $82.00 price target (down previously from $110.00) on shares of Visteon in a research note on Tuesday, April 15th. Guggenheim decreased their price target on Visteon from $108.00 to $91.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. UBS Group reissued a "neutral" rating and issued a $76.00 price target (down previously from $114.00) on shares of Visteon in a research note on Thursday, April 10th. Finally, The Goldman Sachs Group restated a "neutral" rating and set a $74.00 target price (down previously from $103.00) on shares of Visteon in a research report on Thursday, April 10th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Visteon by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 2,909,217 shares of the company's stock valued at $258,106,000 after purchasing an additional 16,442 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Visteon by 19.3% in the first quarter. American Century Companies Inc. now owns 1,727,731 shares of the company's stock valued at $134,106,000 after purchasing an additional 279,714 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Visteon by 2.2% in the first quarter. Invesco Ltd. now owns 1,210,198 shares of the company's stock valued at $93,936,000 after purchasing an additional 25,687 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Visteon by 5.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 908,715 shares of the company's stock valued at $80,621,000 after purchasing an additional 45,058 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Visteon by 17.4% in the fourth 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 Trading Up 0.6%

Shares of VC stock traded up $0.54 on Thursday, hitting $94.19. The company had a trading volume of 1,192,325 shares, compared to its average volume of 324,865. The firm has a market cap of $2.57 billion, a P/E ratio of 8.83 and a beta of 1.19. The stock's 50-day moving average is $84.97 and its two-hundred day moving average is $83.45. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.50 and a current ratio of 1.83. Visteon has a twelve month low of $65.10 and a twelve 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 for the quarter, beating the consensus estimate 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 return on equity of 24.95% and a net margin of 7.68%. The business's quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.61 earnings per share. On average, equities research analysts anticipate that Visteon will post 8.42 earnings per share for the current fiscal 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.