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:
- Sector: Auto/Tires/Trucks
- Industry: Auto, Truck & Motorcycle Parts - NEC
- Sub-Industry: Auto Parts & Equipment
- Symbol: NYSE:VC
- CUSIP: 92839U20
- Web: www.visteon.com
- Market Cap: $3.53 billion
- Outstanding Shares: 31,171,000
- 50 Day Moving Avg: $109.18
- 200 Day Moving Avg: $99.97
- 52 Week Range: $64.95 - $116.78
Sales & Book Value:
- Trailing P/E Ratio: 27.41
- Foreward P/E Ratio: 16.55
- P/E Growth: 1.10
- Annual Revenue: $3.17 billion
- Price / Sales: 1.11
- Book Value: $18.35 per share
- Price / Book: 6.18
- EBIDTA: $335 million
- Net Margins: 4.35%
- Return on Equity: 27.56%
- Return on Assets: 8.67%
- Debt-to-Equity Ratio: 0.49%
- Current Ratio: 1.96%
- Quick Ratio: 1.75%
- Average Volume: 312,736 shs.
- Beta: 0.91
- Short Ratio: 2.93
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 declared that its Board of Directors has initiated a share repurchase plan on Friday, April 7th 2017, which allows the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 13.6% of its stock through open market purchases. Stock buyback plans are often 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 earnings results on Thursday, July, 27th. The company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.14. The company earned $774 million during the quarter, compared to analysts' expectations of $770.96 million. Visteon Corporation had a net margin of 4.35% and a return on equity of 27.56%. The firm's revenue was up .1% on a year-over-year basis. During the same period in the prior year, the business earned $1.22 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?
11 brokerages have issued 12 month target prices for Visteon Corporation's shares. Their predictions range from $97.00 to $140.00. On average, they anticipate Visteon Corporation's share price to reach $112.60 in the next twelve months. View Analyst Ratings for Visteon Corporation.
What are 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. " (7/13/2017)
- 2. 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 GKN plc (GKN), Dana Incorporated (DAN), Tenneco (TEN), Cooper-Standard Holdings (CPS), Meritor (MTOR), Fox Factory Holding Corp. (FOXF), Gentherm (THRM), Motorcar Parts of America (MPAA), Stoneridge (SRI), Horizon Global Corporation (HZN), Superior Industries International (SUP), China XD Plastics Company Limited (CXDC), Fenix Parts (FENX), Torotrak plc (TRK), Harman International Industries (HAR) and Metaldyne Performance Group (MPG).
Who are Visteon Corporation's key executives?
Visteon Corporation's management team includes the folowing people:
- Sachin S. Lawande, President, Chief Executive Officer, Director
- Christian A. Garcia, Chief Financial Officer, Executive Vice President
- Steven S. Fitzgerald, Chief Human Resource Officer, Senior Vice President
- Markus J. Schupfner, Senior Vice President, Chief Technology Officer
- Brett D. Pynnonen, Senior Vice President, General Counsel
- Sunil K. Bilolikar, Senior Vice President - Operations and Procurement
- Matthew M. Cole, Senior Vice President - Product Development Engineering
- Robert R. Vallance, Senior Vice President - Customer Business Groups
- Stephanie S. Marianos, Chief Accounting Officer, Vice President
- William M. Robertson, Vice President - Operations Finance and Investor Relations
Who owns Visteon Corporation stock?
Visteon Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Iridian Asset Management LLC CT (8.76%), Vanguard Group Inc. (8.51%), Standard Life Investments LTD (6.48%), BlackRock Inc. (4.37%), Bank of New York Mellon Corp (4.29%) and Dimensional Fund Advisors LP (2.78%). Company insiders that own Visteon Corporation stock include Jeffrey Stafeil, Peter M Ziparo, Robert Manzo, Robert R Vallance, 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, Bank of New York Mellon Corp, FMR LLC, Solus Alternative Asset Management LP, Principal Financial Group Inc., AJO LP, Victory Capital Management Inc. and State of Tennessee Treasury Department. Company insiders that have sold Visteon Corporation stock in the last year include Robert R Vallance 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 Janus Henderson Group PLC, Eagle Asset Management Inc., Ameriprise Financial Inc., Standard Life Investments LTD, Handelsbanken Fonder AB, Renaissance Technologies LLC, First Eagle Investment Management LLC and Balyasny Asset Management LLC. 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 include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Visteon Corporation's stock price today?
MarketBeat Community Rating for Visteon Corporation (NYSE 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.
One share of Visteon Corporation stock can currently be purchased for approximately $113.39.
Consensus Ratings for Visteon Corporation (NYSE:VC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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.
|Ratings Breakdown: ||4 Hold Ratings, 7 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.64)|
|Consensus Price Target: ||$112.60 (0.70% downside)|
Analysts' Ratings History for Visteon Corporation (NYSE:VC)
(Data available from 8/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/2/2017||Barclays PLC||Reiterated Rating||Equal Weight||$97.00 -> $98.00||Low|
|7/31/2017||BMO Capital Markets||Boost Price Target||Outperform||$115.00 -> $130.00||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|
|5/15/2017||Royal Bank Of Canada||Initiated Coverage||Sector Perform -> Sector Perform||$110.00||Low|
|4/24/2017||FBR & Co||Reiterated Rating||Buy||$110.00 -> $120.00||Low|
|4/3/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Buy -> Buy||$104.00||Medium|
|2/27/2017||Citigroup Inc.||Downgrade||Buy -> Neutral||$87.00 -> $97.00||N/A|
|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|
|6/28/2016||Robert W. Baird||Reiterated Rating||Buy||N/A|
|5/18/2016||Tigress Financial||Downgrade||Buy -> Neutral||N/A|
|10/20/2015||Susquehanna Bancshares Inc||Boost Price Target||$122.00 -> $125.00||N/A|
Earnings History 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|
|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
(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|
|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|| |
Headline Trends for Visteon Corporation (NYSE:VC)
Latest Headlines for Visteon Corporation (NYSE:VC)
Visteon Corporation (VC) Chart for Saturday, August, 19, 2017