About Visteon Corporation (NYSE:VC)
Visteon Corporation is a global automotive supplier that designs, engineers and manufactures electronics products for original equipment vehicle manufacturer (OEM), including Ford, Mazda, Nissan/Renault, General Motors, Honda BMW and Daimler. The Company operates through Electronics segment. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment, audio systems, telematics solutions and head up displays. It designs and manufacturers vehicle cockpit electronics components, modules and systems. It offers a range of information displays incorporating a sleek profile, craftsmanship and touch sensors, designed to deliver high performance for the automotive market. It offers a range of audio products, including audio head units, and analog and digital radios, which deliver consumer device connectivity. It offers an automotive-grade, integrated domain controller approach, called Smartcore.
Industry, Sector and Symbol
Industry Auto, Truck & Motorcycle Parts
Sub-IndustryAuto Parts & Equipment
SectorCyclical Consumer Goods & Services
Trailing P/E Ratio20.57
Forward P/E Ratio20.94
Sales & Book Value
Annual Sales$3.16 billion
Price / Sales1.28
Cash Flow$7.98 per share
Price / Cash16.34
Book Value$23.57 per share
Price / Book5.53
Net Income$75 million
Return on Equity29.13%
Return on Assets9.06%
Frequently Asked Questions for Visteon Corporation (NYSE:VC)
What is Visteon Corporation's stock symbol?
Visteon Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "VC."
How will Visteon Corporation's stock buyback program work?
Visteon Corporation announced that its board has authorized a share repurchase program on Friday, April 7th 2017, which permits the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 13.6% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.
How were Visteon Corporation's earnings last quarter?
Visteon Corporation (NYSE:VC) announced its quarterly earnings data on Thursday, October, 26th. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.25 by $0.17. The auto parts company earned $765 million during the quarter, compared to analysts' expectations of $761.95 million. Visteon Corporation had a net margin of 4.83% and a return on equity of 29.13%. The business's revenue was down .6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.10 earnings per share. View Visteon Corporation's Earnings History.
When will Visteon Corporation make its next earnings announcement?
Where is Visteon Corporation's stock going? Where will Visteon Corporation's stock price be in 2017?
14 brokerages have issued 1 year target prices for Visteon Corporation's stock. Their forecasts range from $104.00 to $143.00. On average, they anticipate Visteon Corporation's stock price to reach $122.33 in the next year. View Analyst Ratings for Visteon Corporation.
What are Wall Street analysts saying about Visteon Corporation stock?
Here are some recent quotes from research analysts about Visteon Corporation stock:
- 1. According to Zacks Investment Research, "Visteon Corp. operates as an automotive supplier engaged in the design, engineering and manufacturing of innovative climate, electronic, interior and lighting products for vehicle manufacturers. Products offered by the Company includes climate systems, powertrain control systems, engine induction systems, cockpit modules, front and rear lighting systems, engine management systems, and electronic products comprising integrated solutions, audio and infotainment, analog/digital instrument cluster, displays, control panel. Markets served by the Company include original equipment manufacturers and automotive aftermarket. Visteon Corp. is headquartered in Michigan, USA. " (10/31/2017)
- 2. BMO Capital Markets analysts commented, "We also believe the combination of higher-margin products being booked and continued internal initiatives to drive profit enhancement sets the company up well to reach the 14% EBITDA margin goal," (9/22/2017)
- 3. FBR & Co analysts commented, "On March 7, after the market closed, Visteon announced that it will seek to amend and extend credit facilities. We believe the company intends to amend and extend its $350M term loan due in 2021 to a seven-year loan due in 2024, potentially with a lower applicable margin rate; we estimate that the term loan balance remains at $350M face value and that the company's interest rate on this balance is about 4%. We also believe the company also hopes to upsize and extend its revolver from $200M due in 2019, to $300M due in 2022; we estimate that the company currently has no borrowings outstanding on its revolver. From a high level, we think that a lower interest rate on Visteon's term loan could free up additional cash flow for deployment in other directions, including return to shareholders and reinvestment for growth. We also continue to believe that the company might be interested in acquisitions that provide bolt-on technology capabilities." (3/8/2017)
Who are some of Visteon Corporation's key competitors?
Some companies that are related to Visteon Corporation include Harman International Industries (HAR), GKN plc (GKN), Dana Incorporated (DAN), Tenneco (TEN), Cooper-Standard Holdings (CPS), Meritor (MTOR), Federal-Mogul Holdings LLC (FDML), Metaldyne Performance Group (MPG), Fox Factory Holding Corp. (FOXF), Gentherm (THRM), Stoneridge (SRI), Motorcar Parts of America (MPAA), Superior Industries International (SUP), Horizon Global Corporation (HZN), China XD Plastics Company Limited (CXDC), Fenix Parts (FENX) and Torotrak plc (TRK).
Who are Visteon Corporation's key executives?
Visteon Corporation's management team includes the folowing people:
- Sachin S. Lawande, President, Chief Executive Officer, Director (Age 50)
- Christian A. Garcia, Chief Financial Officer, Executive Vice President (Age 53)
- Markus J. Schupfner, Senior Vice President, Chief Technology Officer (Age 47)
- Brett D. Pynnonen, Senior Vice President, General Counsel (Age 48)
- Sunil K. Bilolikar, Senior Vice President - Operations and Procurement (Age 55)
- Matthew M. Cole, Senior Vice President - Product Development Engineering (Age 47)
- Robert R. Vallance, Senior Vice President - Customer Business Groups (Age 56)
- Stephanie S. Marianos, Chief Accounting Officer, Vice President (Age 48)
- William M. Robertson, Vice President - Operations Finance and Investor Relations (Age 55)
- Francis M. Scricco, Non-Executive Independent Chairman of the Board (Age 67)
Who owns Visteon Corporation stock?
Visteon Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Iridian Asset Management LLC CT (8.60%), Bank of New York Mellon Corp (5.80%), Dimensional Fund Advisors LP (2.78%), Janus Henderson Group PLC (2.65%), First Eagle Investment Management LLC (2.16%) and Eagle Asset Management Inc. (2.16%). Company insiders that own Visteon Corporation stock include Jeffrey Stafeil, Matthew M Cole, Peter M Ziparo, Robert Manzo, Robert R Vallance, Sachin Lawande, Stephanie S Marianos, Sunil K Bilolikar and William M Robertson. View Institutional Ownership Trends for Visteon Corporation.
Who sold Visteon Corporation stock? Who is selling Visteon Corporation stock?
Visteon Corporation's stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Pembroke Management LTD, Iridian Asset Management LLC CT, Nicholas Investment Partners LP, Keeley Teton Advisors LLC, Mckinley Capital Management LLC Delaware, New York State Common Retirement Fund and Russell Investments Group Ltd.. Company insiders that have sold Visteon Corporation company stock in the last year include Matthew M Cole, Robert R Vallance, Sachin Lawande, Stephanie S Marianos and Sunil K Bilolikar. View Insider Buying and Selling for Visteon Corporation.
Who bought Visteon Corporation stock? Who is buying Visteon Corporation stock?
Visteon Corporation's stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Old Mutual Global Investors UK Ltd., Victory Capital Management Inc., Handelsbanken Fonder AB, Janus Henderson Group PLC, Apertura Capital LLC, Wells Fargo & Company MN and First Quadrant L P CA. View Insider Buying and Selling for Visteon Corporation.
How do I buy Visteon Corporation stock?
Shares of Visteon Corporation can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Visteon Corporation's stock price today?
One share of Visteon Corporation stock can currently be purchased for approximately $130.45.
How big of a company is Visteon Corporation?
Visteon Corporation has a market capitalization of $4.05 billion and generates $3.16 billion in revenue each year. The auto parts company earns $75 million in net income (profit) each year or $5.23 on an earnings per share basis. Visteon Corporation employs 10,000 workers across the globe.
How can I contact Visteon Corporation?
Visteon Corporation's mailing address is 1 Village Center Dr, VAN BUREN TOWNSHIP, MI 48111-5711, United States. The auto parts company can be reached via phone at +1-734-7105800 or via email at [email protected]
MarketBeat Community Rating for Visteon Corporation (VC)MarketBeat's community ratings are surveys of what our community members think about Visteon Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Visteon Corporation (NYSE:VC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.61||2.50||2.59||2.50|
|Ratings Breakdown: ||0 Sell Rating(s)|
7 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
9 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
7 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
7 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$120.93||$117.20||$110.46||$97.50|
|Price Target Upside: ||3.72% downside||5.51% downside||0.82% downside||5.87% downside|
Consensus Price Target History for Visteon Corporation (NYSE:VC)
Analysts' Ratings History for Visteon Corporation (NYSE:VC)
(Data available from 11/25/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/1/2017||B. Riley||Reiterated Rating||Buy||N/A|
|10/30/2017||Citigroup Inc.||Boost Price Target||Neutral||$113.00 -> $126.00||N/A|
|10/27/2017||Barclays PLC||Boost Price Target||Equal Weight||$107.00 -> $112.00||N/A|
|10/27/2017||FBR & Co||Boost Price Target||Buy -> Buy||$120.00 -> $140.00||N/A|
|10/18/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$126.00||N/A|
|10/17/2017||Robert W. Baird||Reiterated Rating||Buy||$143.00||N/A|
|9/28/2017||Jefferies Group LLC||Initiated Coverage||Hold -> Hold||$135.00||Low|
|9/22/2017||BMO Capital Markets||Upgrade||Market Perform -> Outperform||$104.00 -> $115.00||Low|
|7/31/2017||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||$140.00||Low|
|7/28/2017||Gabelli||Downgrade||Buy -> Hold||Low|
|6/21/2017||J P Morgan Chase & Co||Reiterated Rating||Overweight||$110.00||Medium|
|6/9/2017||Morgan Stanley||Lower Price Target||Overweight||$115.00 -> $112.00||Low|
|4/3/2017||Goldman Sachs Group Inc||Initiated Coverage||Buy -> Buy||$104.00||Medium|
|1/11/2017||Raymond James Financial, Inc.||Upgrade||Market Perform -> Outperform||$105.00||N/A|
|7/20/2016||Deutsche Bank AG||Initiated Coverage||Hold||$80.00||N/A|
|5/18/2016||Tigress Financial||Downgrade||Buy -> Neutral||N/A|
Earnings History and Estimates Chart for Visteon Corporation (NYSE:VC)
Earnings History by Quarter for Visteon Corporation (NYSE VC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/26/2017||Q3 2017||$1.25||$1.42||$761.95 million||$765.00 million||View||N/A|
|7/27/2017||Q2 2017||$1.24||$1.38||$770.96 million||$774.00 million||View||N/A|
|4/27/2017||Q1 2017||$1.39||$1.73||$806.69 million||$810.00 million||View||N/A|
|2/23/2017||Q416||$1.33||$1.82||$792.58 million||$816.00 million||View||Listen|
|10/27/2016||Q316||$0.79||$1.10||$780.14 million||$770.00 million||View||Listen|
|7/28/2016||Q216||$0.67||$1.22||$821.07 million||$773.00 million||View||Listen|
|4/28/2016||Q116||$0.97||$1.22||$819.71 million||$802.00 million||View||Listen|
|2/25/2016||Q415||$0.76||$1.18||$771.75 million||$809.00 million||View||Listen|
|11/5/2015||Q315||$0.32||$0.56||$757.05 million||$808.00 million||View||Listen|
|8/5/2015||Q215||$0.35||$0.38||$757.27 million||$812.00 million||View||Listen|
|5/7/2015||Q414||$0.29||$1.10||$1.72 million||$2.03 billion||View||Listen|
|2/26/2015||Q4||$1.24||$1.67||$2.05 billion||$2.04 billion||View||Listen|
|11/6/2014||Q314||$0.65||$0.26||$1.93 billion||$1.97 billion||View||Listen|
|8/6/2014||Q2||$0.85||($3.35)||$1.97 billion||$2.04 billion||View||Listen|
|5/8/2014||Q1||$0.67||$0.38||$1.99 billion||$1.98 billion||View||Listen|
|2/25/2014||Q413||$1.45||$1.93||$1.93 billion||$1.96 billion||View||Listen|
|11/7/2013||Q313||$1.16||$0.85||$1.78 billion||$1.73 billion||View||Listen|
|8/8/2013||Q2 2013||$1.05||$1.29||$1.88 billion||$1.89 billion||View||Listen|
|5/9/2013||Q1 2013||$1.08||$1.33||$1.74 billion||$1.86 billion||View||Listen|
|2/28/2013||Q4 2012||$0.88||$0.74||$1.72 billion||$1.82 billion||View||Listen|
|11/1/2012||Q312||$0.48||$0.28||$1.62 billion||$1.62 billion||View||N/A|
Earnings Estimates for Visteon Corporation (NYSE:VC)
2017 EPS Consensus Estimate: $5.47
2018 EPS Consensus Estimate: $6.67
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Visteon Corporation (NYSE:VC)
|Most Recent Dividend:||1/22/2016|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Trailing 12 Months of Earnings) |
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend History by Quarter for Visteon Corporation (NYSE VC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Visteon Corporation (NYSE VC)
Insider Ownership Percentage: 0.19%
Insider Trades by Quarter for Visteon Corporation (NYSE VC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/20/2017||Sachin Lawande||CEO||Sell||2,500||$130.00||$325,000.00|| |
|11/1/2017||Sachin Lawande||CEO||Sell||2,500||$126.05||$315,125.00|| |
|10/16/2017||Sachin Lawande||CEO||Sell||2,004||$123.90||$248,295.60|| |
|9/19/2017||Robert R Vallance||Insider||Sell||1,106||$121.12||$133,958.72|| |
|9/15/2017||Stephanie S Marianos||VP||Sell||512||$119.74||$61,306.88|| |
|8/22/2017||Matthew M Cole||Insider||Sell||1,359||$114.19||$155,184.21|| |
|8/2/2017||Sunil K Bilolikar||Insider||Sell||2,394||$110.93||$265,566.42|| |
|3/24/2017||Robert Manzo||Director||Buy||2,000||$95.70||$191,400.00|| |
|3/6/2017||Robert R Vallance||Insider||Sell||2,021||$94.50||$190,984.50|| |
|3/10/2016||Peter M. Ziparo||VP||Sell||4,475||$74.82||$334,819.50|| |
|3/3/2016||William M. Robertson||VP||Sell||4,117||$72.74||$299,470.58|| |
|3/2/2016||Jeffrey Stafeil||CFO||Sell||37,099||$71.87||$2,666,305.13|| |
|6/18/2015||Peter M Ziparo||VP||Sell||5,473||$108.64||$594,586.72|| |
|6/17/2015||Martin T Thall||EVP||Sell||5,333||$108.50||$578,630.50|| |
|6/15/2015||Timothy D Leuliette||Director||Sell||16,256||$107.82||$1,752,721.92|| |
|12/22/2014||Jeffrey Stafeil||EVP||Sell||2,887||$106.07||$306,224.09|| |
|8/11/2014||Timothy D Leuliette||CEO||Sell||15,289||$96.86||$1,480,892.54|| |
|6/13/2014||Francis M Scricco||Director||Buy||3,200||$92.49||$295,968.00|| |
|5/13/2014||Jeffrey Stafeil||EVP||Sell||4,301||$91.86||$395,089.86|| |
|5/13/2014||Michael Widgren||CAO||Sell||6,000||$91.91||$551,460.00|| |
|9/9/2013||Harry James Wilson||Director||Sell||2,500||$73.40||$183,500.00|| |
|8/20/2013||Michael Kenneth Sharnas||VP||Sell||1,769||$72.33||$127,951.77|| |
|12/20/2012||Robert Manzo||Director||Buy||2,500||$50.95||$127,375.00|| |
|12/17/2012||Harry James Wilson||Director||Buy||2,500||$50.40||$126,000.00|| |
|12/4/2012||Francis M Scricco||Director||Buy||3,950||$50.62||$199,949.00|| |
|11/14/2012||Harry James Wilson||Director||Buy||2,500||$49.15||$122,875.00|| |
|8/15/2012||Robert Manzo||Director||Buy||2,500||$40.26||$100,650.00|| |
Latest Headlines for Visteon Corporation (NYSE VC)
Visteon Corporation (NYSE VC) Chart for Saturday, November, 25, 2017