Analysts Set Visteon Co. (NASDAQ:VC) Price Target at $125.23

Shares of Visteon Co. (NASDAQ:VC - Get Free Report) have received a consensus rating of "Moderate Buy" from the fifteen analysts that are covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $125.23.

Several brokerages have issued reports on VC. The Goldman Sachs Group cut their price objective on shares of Visteon from $130.00 to $117.00 and set a "buy" rating for the company in a research report on Tuesday, October 1st. Barclays reduced their target price on shares of Visteon from $140.00 to $115.00 and set an "overweight" rating for the company in a research report on Wednesday, January 22nd. StockNews.com downgraded shares of Visteon from a "buy" rating to a "hold" rating in a report on Sunday, November 3rd. Wells Fargo & Company reduced their price target on Visteon from $122.00 to $119.00 and set an "overweight" rating on the stock in a research report on Monday, December 16th. Finally, JPMorgan Chase & Co. dropped their price target on Visteon from $132.00 to $122.00 and set a "neutral" rating for the company in a research note on Monday, October 21st.

Institutional Trading of Visteon

A number of institutional investors have recently bought and sold shares of VC. Sei Investments Co. boosted its position in shares of Visteon by 250.1% during the 2nd quarter. Sei Investments Co. now owns 58,161 shares of the company's stock valued at $6,206,000 after purchasing an additional 41,549 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Visteon by 107.3% during the 2nd quarter. AQR Capital Management LLC now owns 67,215 shares of the company's stock worth $7,136,000 after buying an additional 34,795 shares during the period. D. E. Shaw & Co. Inc. grew its position in shares of Visteon by 0.4% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 322,450 shares of the company's stock worth $34,405,000 after buying an additional 1,148 shares during the period. Millennium Management LLC boosted its stake in Visteon by 24.4% during the second quarter. Millennium Management LLC now owns 568,536 shares of the company's stock worth $60,663,000 after acquiring an additional 111,377 shares in the last quarter. Finally, Creative Planning grew its holdings in Visteon by 10.4% in the second quarter. Creative Planning now owns 4,754 shares of the company's stock worth $507,000 after purchasing an additional 448 shares during the period. Institutional investors own 99.71% of the company's stock.

Visteon Stock Performance

Shares of VC traded up $1.35 during midday trading on Monday, reaching $86.99. The stock had a trading volume of 299,726 shares, compared to its average volume of 253,595. The firm has a market cap of $2.40 billion, a PE ratio of 4.72, a P/E/G ratio of 0.37 and a beta of 1.45. The firm has a 50 day simple moving average of $88.88 and a 200-day simple moving average of $94.58. Visteon has a one year low of $81.74 and a one year high of $123.73. 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 (NASDAQ:VC - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The company reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.37. Visteon had a return on equity of 46.19% and a net margin of 13.22%. The firm had revenue of $980.00 million for the quarter, compared to analyst estimates of $965.60 million. During the same quarter in the prior year, the company earned $2.35 earnings per share. The business's revenue for the quarter was down 3.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Visteon will post 8.2 EPS for the current year.

About Visteon

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.