Visteon (VC) Scheduled to Post Earnings on Thursday

Visteon (NASDAQ:VC) will announce its earnings results before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $1.79 per share for the quarter. Visteon has set its FY 2024 guidance at EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

Visteon (NASDAQ:VC) last posted its quarterly earnings data on Tuesday, February 20th. The company reported $13.01 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $10.92. The firm had revenue of $990.00 million for the quarter, compared to analyst estimates of $1.05 billion. Visteon had a net margin of 12.29% and a return on equity of 57.45%. Visteon’s quarterly revenue was down 7.0% on a year-over-year basis. During the same period last year, the firm posted $1.32 EPS. On average, analysts expect Visteon to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Visteon Stock Down 0.1 %

Shares of Visteon stock opened at $108.00 on Tuesday. The firm has a fifty day moving average of $114.24 and a two-hundred day moving average of $118.87. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.42 and a current ratio of 1.74. The company has a market cap of $2.97 billion, a P/E ratio of 6.29, a PEG ratio of 0.49 and a beta of 1.65. Visteon has a one year low of $105.76 and a one year high of $159.87.

Wall Street Analysts Forecast Growth

VC has been the subject of several research analyst reports. Bank of America dropped their price objective on Visteon from $165.00 to $160.00 and set a “buy” rating for the company in a research note on Thursday, February 29th. Guggenheim cut their price objective on shares of Visteon from $136.00 to $126.00 and set a “buy” rating on the stock in a report on Wednesday, April 17th. JPMorgan Chase & Co. reduced their target price on Visteon from $146.00 to $145.00 and set a “neutral” rating on the stock in a report on Monday. Barclays upgraded shares of Visteon from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $140.00 to $145.00 in a report on Wednesday, April 10th. Finally, StockNews.com upgraded Visteon from a “hold” rating to a “buy” rating in a report on Thursday, January 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Visteon presently has a consensus rating of “Moderate Buy” and an average target price of $142.70.

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.