Visteon Co. (NASDAQ:VC) Given Average Rating of “Moderate Buy” by Analysts

Shares of Visteon Co. (NASDAQ:VC) have earned a consensus rating of “Moderate Buy” from the fifteen brokerages that are currently covering the company, MarketBeat reports. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $125.23.

A number of analysts recently commented on the company. Royal Bank of Canada reduced their price objective on Visteon from $129.00 to $124.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Wells Fargo & Company reduced their price target on shares of Visteon from $122.00 to $119.00 and set an “overweight” rating for the company in a research report on Monday, December 16th. The Goldman Sachs Group lowered their price objective on shares of Visteon from $130.00 to $117.00 and set a “buy” rating on the stock in a research note on Tuesday, October 1st. StockNews.com lowered shares of Visteon from a “buy” rating to a “hold” rating in a research report on Sunday, November 3rd. Finally, Barclays decreased their price target on shares of Visteon from $140.00 to $115.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 22nd.

Institutional Trading of Visteon

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Signaturefd LLC increased its holdings in shares of Visteon by 46.7% in the third quarter. Signaturefd LLC now owns 421 shares of the company’s stock worth $40,000 after purchasing an additional 134 shares during the last quarter. KBC Group NV grew its holdings in Visteon by 37.7% during the 3rd quarter. KBC Group NV now owns 902 shares of the company’s stock valued at $86,000 after buying an additional 247 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in Visteon by 136.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,305 shares of the company’s stock worth $116,000 after acquiring an additional 754 shares during the last quarter. Covestor Ltd raised its holdings in shares of Visteon by 14.8% during the 3rd quarter. Covestor Ltd now owns 1,567 shares of the company’s stock worth $149,000 after acquiring an additional 202 shares in the last quarter. Finally, Morse Asset Management Inc bought a new position in shares of Visteon during the 3rd quarter valued at approximately $164,000. Institutional investors own 99.71% of the company’s stock.

Visteon Stock Performance

VC stock opened at $85.64 on Monday. The company has a current ratio of 1.82, a quick ratio of 1.47 and a debt-to-equity ratio of 0.24. Visteon has a 12-month low of $81.74 and a 12-month high of $123.73. The stock has a market capitalization of $2.37 billion, a PE ratio of 4.65, a price-to-earnings-growth ratio of 0.37 and a beta of 1.45. The stock’s 50 day simple moving average is $88.88 and its 200 day simple moving average is $94.58.

Visteon (NASDAQ:VC) last issued its quarterly earnings data on Thursday, October 24th. The company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.37. Visteon had a net margin of 13.22% and a return on equity of 46.19%. The company had revenue of $980.00 million for the quarter, compared to the consensus estimate of $965.60 million. During the same quarter in the prior year, the firm earned $2.35 earnings per share. The firm’s revenue for the quarter was down 3.4% compared to the same quarter last year. As a group, research analysts forecast that Visteon will post 8.2 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.