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

Visteon Co. (NASDAQ:VC) has been assigned an average rating of “Moderate Buy” from the fourteen ratings firms that are covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $117.25.

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

Institutional Trading of Visteon

Several large investors have recently modified their holdings of the company. LPL Financial LLC boosted its position in 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. lifted its stake 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 purchasing an additional 171 shares during the period. Xponance Inc. boosted its holdings in shares of Visteon by 4.7% in the fourth quarter. Xponance Inc. now owns 3,898 shares of the company’s stock worth $346,000 after buying an additional 175 shares during the last quarter. Summit Investment Advisors Inc. grew its position in Visteon by 2.2% during the fourth quarter. Summit Investment Advisors Inc. now owns 8,519 shares of the company’s stock valued at $756,000 after buying an additional 182 shares during the period. Finally, Inspire Investing LLC increased its holdings in Visteon by 5.0% during the fourth quarter. Inspire Investing LLC now owns 4,533 shares of the company’s stock valued at $402,000 after buying an additional 216 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

Visteon Trading Down 2.1 %

NASDAQ:VC opened at $80.28 on Tuesday. Visteon has a one year low of $75.75 and a one year high of $119.16. The company’s 50-day simple moving average is $84.38 and its 200 day simple moving average is $89.05. The firm has a market capitalization of $2.17 billion, a P/E ratio of 8.18, a PEG 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.

Visteon (NASDAQ:VC) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $4.44 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $2.47. Visteon had a return on equity of 24.58% and a net margin of 7.09%. The firm had revenue of $939.00 million for the quarter, compared to analysts’ expectations of $954.17 million. As a group, 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.