Visteon (NASDAQ:VC - Get Free Report)'s stock had its "neutral" rating reissued by stock analysts at UBS Group in a research note issued on Thursday, Marketbeat Ratings reports. They presently have a $76.00 price objective on the stock, down from their prior price objective of $114.00. UBS Group's target price suggests a potential upside of 8.90% from the company's previous close.
Other equities analysts have also recently issued research reports about the company. TD Cowen began coverage on Visteon in a research report on Friday, March 7th. They set a "buy" rating and a $108.00 price objective for the company. Barclays decreased their price target on shares of Visteon from $115.00 to $110.00 and set an "overweight" rating on the stock in a research report on Monday, March 3rd. Morgan Stanley cut 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 report on Monday, March 3rd. Wells Fargo & Company lifted their target price on Visteon from $119.00 to $124.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 19th. Finally, The Goldman Sachs Group restated a "neutral" rating and set a $74.00 price objective (down from $103.00) on shares of Visteon in a research report on Thursday. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $108.75.
Read Our Latest Analysis on Visteon
Visteon Stock Performance
Shares of VC stock traded up $1.68 during trading on Thursday, reaching $69.79. The company had a trading volume of 568,155 shares, compared to its average volume of 304,334. The company has a market capitalization of $1.89 billion, a PE ratio of 7.11, a PEG ratio of 0.42 and a beta of 1.32. 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 50 day simple moving average is $81.08 and its two-hundred day simple moving average is $86.75. Visteon has a one year low of $65.10 and a one year high of $117.94.
Visteon (NASDAQ:VC - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $4.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $2.47. The business 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%. Sell-side analysts forecast that Visteon will post 8.42 earnings per share for the current year.
Institutional Investors Weigh In On Visteon
Large investors have recently bought and sold shares of the business. Washington Capital Management Inc. boosted its stake in Visteon by 19.0% in the first quarter. Washington Capital Management Inc. now owns 7,500 shares of the company's stock worth $582,000 after purchasing an additional 1,200 shares in the last quarter. UMB Bank n.a. lifted its position in Visteon by 286.7% during the 1st quarter. UMB Bank n.a. now owns 437 shares of the company's stock worth $34,000 after buying an additional 324 shares in the last quarter. Parallel Advisors LLC grew its holdings in Visteon by 558.9% during the 1st quarter. Parallel Advisors LLC now owns 481 shares of the company's stock worth $37,000 after acquiring an additional 408 shares during the last quarter. GAMMA Investing LLC grew its holdings in Visteon by 11,981.7% during the 1st quarter. GAMMA Investing LLC now owns 13,894 shares of the company's stock worth $1,078,000 after acquiring an additional 13,779 shares during the last quarter. Finally, 111 Capital acquired a new stake in Visteon in the 4th quarter valued at about $321,000. 99.71% of the stock is currently owned by institutional investors.
Visteon Company Profile
(
Get Free Report)
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.
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