Visteon Corporation (NASDAQ:VC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Visteon Corporation (NASDAQ:VC) have received an average recommendation of “Moderate Buy” from the fourteen research firms that are covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $124.5385.

Several analysts recently issued reports on the company. Guggenheim increased their price objective on Visteon from $134.00 to $143.00 and gave the stock a “buy” rating in a report on Tuesday, September 9th. Robert W. Baird set a $144.00 price objective on Visteon in a report on Wednesday, September 3rd. Morgan Stanley increased their price objective on Visteon from $90.00 to $95.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 12th. Barclays increased their price objective on Visteon from $115.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, July 25th. Finally, Baird R W upgraded Visteon from a “hold” rating to a “strong-buy” rating in a report on Friday, July 11th.

Visteon Price Performance

VC opened at $124.59 on Tuesday. The stock has a fifty day moving average of $117.43 and a 200-day moving average of $94.96. The firm has a market capitalization of $3.40 billion, a P/E ratio of 11.88, a PEG ratio of 2.94 and a beta of 1.25. Visteon has a 12-month low of $65.10 and a 12-month high of $129.10. The company has a quick ratio of 1.55, a current ratio of 1.87 and a debt-to-equity ratio of 0.19.

Visteon (NASDAQ:VC) last announced its quarterly earnings data on Thursday, July 24th. The company reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.35. Visteon had a return on equity of 23.22% and a net margin of 7.61%.The business had revenue of $969.00 million during the quarter, compared to analyst estimates of $943.12 million. During the same period last year, the company earned $2.54 earnings per share. Visteon’s quarterly revenue was down 4.4% compared to the same quarter last year. Visteon has set its FY 2025 guidance at EPS. Equities analysts forecast that Visteon will post 8.42 EPS for the current fiscal year.

Visteon Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Monday, August 18th were issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 0.9%. The ex-dividend date was Monday, August 18th. Visteon’s dividend payout ratio (DPR) is 10.49%.

Insider Buying and Selling at Visteon

In other Visteon news, SVP Joao Paulo Ribeiro sold 710 shares of the firm’s stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $115.09, for a total transaction of $81,713.90. Following the transaction, the senior vice president directly owned 6,698 shares in the company, valued at $770,872.82. This trade represents a 9.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Francis M. Scricco sold 4,350 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $120.53, for a total value of $524,305.50. Following the transaction, the director owned 2,792 shares in the company, valued at approximately $336,519.76. This trade represents a 60.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,102 shares of company stock worth $1,538,595 over the last three months. Corporate insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Visteon

Several institutional investors have recently bought and sold shares of VC. UMB Bank n.a. raised its holdings in Visteon by 286.7% during the first quarter. UMB Bank n.a. now owns 437 shares of the company’s stock valued at $34,000 after buying an additional 324 shares in the last quarter. Fifth Third Bancorp increased its holdings in shares of Visteon by 111.5% in the second quarter. Fifth Third Bancorp now owns 387 shares of the company’s stock valued at $36,000 after purchasing an additional 204 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of Visteon by 558.9% in the first quarter. Parallel Advisors LLC now owns 481 shares of the company’s stock valued at $37,000 after purchasing an additional 408 shares in the last quarter. EMC Capital Management acquired a new stake in shares of Visteon in the second quarter valued at approximately $45,000. Finally, GAMMA Investing LLC increased its holdings in shares of Visteon by 238.0% in the second quarter. GAMMA Investing LLC now owns 605 shares of the company’s stock valued at $56,000 after purchasing an additional 426 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

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.