Visteon (NASDAQ:VC) PT Lowered to $135.00 at UBS Group

Visteon (NASDAQ:VC) had its target price trimmed by UBS Group from $144.00 to $135.00 in a research report released on Wednesday, Benzinga reports. The firm currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the company. Morgan Stanley decreased their price target on Visteon from $145.00 to $135.00 and set an equal weight rating for the company in a research note on Friday, May 10th. Wells Fargo & Company decreased their price target on Visteon from $108.00 to $107.00 and set an equal weight rating for the company in a research note on Tuesday, June 25th. Barclays upgraded Visteon from an equal weight rating to an overweight rating and increased their price target for the company from $140.00 to $145.00 in a research note on Wednesday, April 10th. Guggenheim decreased their price target on Visteon from $136.00 to $126.00 and set a buy rating for the company in a research note on Wednesday, April 17th. Finally, JPMorgan Chase & Co. cut their price objective on Visteon from $146.00 to $145.00 and set a neutral rating on the stock in a report on Monday, April 22nd. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Visteon currently has an average rating of Moderate Buy and an average target price of $134.00.

Visteon Trading Up 1.4 %

Shares of NASDAQ VC opened at $110.24 on Wednesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.74 and a quick ratio of 1.37. The stock has a market capitalization of $3.04 billion, a P/E ratio of 6.30, a price-to-earnings-growth ratio of 0.48 and a beta of 1.46. Visteon has a 1-year low of $101.42 and a 1-year high of $159.87. The business has a fifty day moving average price of $109.18 and a 200 day moving average price of $113.55.

Visteon (NASDAQ:VC) last issued its quarterly earnings data on Thursday, April 25th. The company reported $1.61 earnings per share for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.14). The company had revenue of $933.00 million for the quarter, compared to analysts’ expectations of $971.45 million. Visteon had a return on equity of 53.49% and a net margin of 12.60%. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.25 earnings per share. Equities research analysts expect that Visteon will post 8.53 EPS for the current fiscal year.

Institutional Trading of Visteon

Several institutional investors have recently bought and sold shares of the business. Parallel Advisors LLC lifted its position in shares of Visteon by 98.6% in the fourth quarter. Parallel Advisors LLC now owns 286 shares of the company’s stock valued at $36,000 after acquiring an additional 142 shares in the last quarter. Fidelis Capital Partners LLC acquired a new stake in shares of Visteon in the first quarter valued at $48,000. CWM LLC grew its stake in Visteon by 53.6% during the 4th quarter. CWM LLC now owns 401 shares of the company’s stock worth $50,000 after purchasing an additional 140 shares in the last quarter. Quadrant Capital Group LLC lifted its holdings in Visteon by 76.7% during the 4th quarter. Quadrant Capital Group LLC now owns 410 shares of the company’s stock worth $51,000 after buying an additional 178 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Visteon in the 4th quarter valued at about $59,000. 99.71% of the stock is owned by institutional investors and hedge funds.

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.