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

Shares of Visteon Co. (NASDAQ:VC) have received an average rating of “Moderate Buy” from the fourteen ratings firms that are covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $117.25.

Several equities research analysts have commented on VC shares. Morgan Stanley decreased their price objective on shares of Visteon from $100.00 to $95.00 and set an “equal weight” rating for the company in a research note on Monday, March 3rd. Barclays decreased their price objective on shares of Visteon from $115.00 to $110.00 and set an “overweight” rating for the company in a report on Monday, March 3rd. TD Cowen assumed coverage on shares of Visteon in a research report on Friday, March 7th. They set a “buy” rating and a $108.00 target price for the company. Royal Bank of Canada lowered their price target on shares of Visteon from $127.00 to $100.00 and set an “outperform” rating on the stock in a report on Wednesday, February 19th. Finally, Wells Fargo & Company increased their price objective on Visteon from $119.00 to $124.00 and gave the company an “overweight” rating in a report on Wednesday, February 19th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in VC. LPL Financial LLC increased its position in shares of Visteon by 2.6% in the fourth quarter. LPL Financial LLC now owns 6,166 shares of the company’s stock worth $547,000 after purchasing an additional 156 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Visteon by 0.8% in the 3rd quarter. Franklin Resources Inc. now owns 20,620 shares of the company’s stock worth $1,881,000 after buying an additional 171 shares during the last quarter. Xponance Inc. raised its position in shares of Visteon by 4.7% during the 4th quarter. Xponance Inc. now owns 3,898 shares of the company’s stock valued at $346,000 after buying an additional 175 shares in the last quarter. Summit Investment Advisors Inc. grew its position in Visteon by 2.2% in the fourth quarter. Summit Investment Advisors Inc. now owns 8,519 shares of the company’s stock worth $756,000 after acquiring an additional 182 shares in the last quarter. Finally, Inspire Investing LLC increased its stake in Visteon by 5.0% in the fourth quarter. Inspire Investing LLC now owns 4,533 shares of the company’s stock valued at $402,000 after acquiring an additional 216 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Visteon Stock Performance

Shares of Visteon stock opened at $81.45 on Tuesday. The company has a market cap of $2.21 billion, a PE ratio of 8.30, a price-to-earnings-growth ratio of 0.42 and a beta of 1.39. The company has a quick ratio of 1.47, a current ratio of 1.74 and a debt-to-equity ratio of 0.23. Visteon has a 52 week low of $75.75 and a 52 week high of $119.16. The business has a 50 day moving average price of $84.34 and a 200-day moving average price of $88.85.

Visteon (NASDAQ:VC) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $4.44 earnings per share for the quarter, beating the consensus estimate of $1.97 by $2.47. Visteon had a return on equity of 24.58% and a net margin of 7.09%. The business had revenue of $939.00 million for the quarter, compared to analysts’ expectations of $954.17 million. Equities 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.