Visteon Corporation (NASDAQ:VC – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the fourteen analysts that are currently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $124.4167.
VC has been the topic of a number of analyst reports. Wolfe Research upgraded shares of Visteon from a “peer perform” rating to an “outperform” rating and set a $135.00 price objective on the stock in a research report on Monday, April 27th. Barclays lifted their price objective on shares of Visteon from $110.00 to $115.00 and gave the company an “equal weight” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. lowered their price objective on shares of Visteon from $110.00 to $108.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Robert W. Baird lifted their price objective on shares of Visteon from $112.00 to $121.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Finally, Morgan Stanley set a $115.00 price objective on shares of Visteon in a research report on Monday, April 27th.
Check Out Our Latest Research Report on Visteon
Insiders Place Their Bets
Institutional Investors Weigh In On Visteon
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC grew its position in Visteon by 144.1% during the fourth quarter. Farther Finance Advisors LLC now owns 288 shares of the company’s stock worth $27,000 after buying an additional 170 shares during the period. Cullen Frost Bankers Inc. acquired a new position in Visteon during the third quarter worth about $30,000. Plato Investment Management Ltd acquired a new position in Visteon during the third quarter worth about $48,000. UMB Bank n.a. grew its position in Visteon by 32.1% during the fourth quarter. UMB Bank n.a. now owns 506 shares of the company’s stock worth $48,000 after buying an additional 123 shares during the period. Finally, Hantz Financial Services Inc. grew its position in Visteon by 72.0% during the third quarter. Hantz Financial Services Inc. now owns 423 shares of the company’s stock worth $51,000 after buying an additional 177 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.
Visteon Stock Performance
NASDAQ:VC opened at $113.47 on Friday. The firm’s fifty day moving average price is $99.65 and its 200 day moving average price is $99.25. Visteon has a 1-year low of $81.18 and a 1-year high of $129.10. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.73 and a quick ratio of 1.43. The firm has a market cap of $3.03 billion, a price-to-earnings ratio of 13.82, a price-to-earnings-growth ratio of 1.43 and a beta of 1.26.
Visteon (NASDAQ:VC – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $1.65 earnings per share for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.31). Visteon had a net margin of 5.99% and a return on equity of 15.93%. The firm had revenue of $954.00 million during the quarter, compared to analysts’ expectations of $901.33 million. During the same quarter last year, the business earned $2.47 earnings per share. The business’s quarterly revenue was up 2.1% on a year-over-year basis. On average, sell-side analysts expect that Visteon will post 8.54 EPS for the current year.
Visteon Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Monday, June 1st. Visteon’s dividend payout ratio (DPR) is 18.27%.
Visteon Company Profile
Visteon Corporation is a global automotive electronics supplier that specializes in designing, engineering and manufacturing cockpit electronics and connected vehicle solutions. The company’s product portfolio spans digital instrument clusters, infotainment systems, domain controllers and advanced driver interaction technologies. By integrating hardware, software and services, Visteon aims to deliver complete cockpit electronics platforms that enhance driver experience, safety and connectivity.
Founded in 2000 as a spin-off from Ford Motor Company, Visteon has evolved its focus toward next-generation electronics and software-driven vehicle architectures.
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