Visteon Co. (NASDAQ:VC) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Visteon Co. (NASDAQ:VC) has earned a consensus rating of “Moderate Buy” from the fourteen analysts that are presently covering the company, Marketbeat reports. Five analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $117.25.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Visteon during the 4th quarter worth $203,000. Lansforsakringar Fondforvaltning AB publ acquired a new position in shares of Visteon during the 4th quarter worth $233,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Visteon by 24.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 80,916 shares of the company’s stock worth $7,179,000 after purchasing an additional 15,666 shares during the last quarter. Voloridge Investment Management LLC increased its stake in shares of Visteon by 23.4% during the 4th quarter. Voloridge Investment Management LLC now owns 229,114 shares of the company’s stock worth $20,327,000 after purchasing an additional 43,464 shares during the last quarter. Finally, Teza Capital Management LLC acquired a new position in shares of Visteon during the 4th quarter worth $233,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Visteon Stock Performance

Visteon stock opened at $80.19 on Tuesday. Visteon has a 12-month low of $75.75 and a 12-month high of $119.16. The company has a market capitalization of $2.17 billion, a price-to-earnings ratio of 8.17, a price-to-earnings-growth ratio of 0.42 and a beta of 1.39. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.74 and a quick ratio of 1.47. The firm’s fifty day moving average price is $84.68 and its 200 day moving average price is $89.52.

Visteon (NASDAQ:VC) last released its earnings results on Tuesday, February 18th. The company reported $4.44 earnings per share for the quarter, topping the consensus estimate of $1.97 by $2.47. The company had revenue of $939.00 million during the quarter, compared to the consensus estimate of $954.17 million. Visteon had a net margin of 7.09% and a return on equity of 24.58%. On average, research analysts forecast that Visteon will post 8.42 EPS 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.