Visteon (NYSE:VC) Receiving Somewhat Positive Media Coverage, Analysis Shows

News articles about Visteon (NYSE:VC) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Visteon earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media coverage about the auto parts company an impact score of 46.6457909967768 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

VC has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Visteon from a “hold” rating to a “buy” rating and set a $141.00 price target on the stock in a research note on Saturday, January 6th. Royal Bank of Canada lowered their price target on shares of Visteon to $131.00 and set a “sector perform” rating on the stock in a research note on Sunday, January 21st. Guggenheim reiterated a “buy” rating and issued a $154.00 price objective on shares of Visteon in a research report on Wednesday, January 10th. Gabelli upgraded shares of Visteon from a “hold” rating to a “buy” rating and set a $158.00 price objective on the stock in a research report on Monday, February 26th. Finally, Morgan Stanley boosted their price objective on shares of Visteon from $112.00 to $123.00 and gave the stock an “overweight” rating in a research report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company’s stock. Visteon has a consensus rating of “Buy” and an average price target of $137.76.

Visteon (NYSE VC) traded down $1.52 during trading hours on Wednesday, reaching $122.00. 271,383 shares of the company’s stock were exchanged, compared to its average volume of 338,028. The stock has a market cap of $3,840.00, a price-to-earnings ratio of 9.67, a price-to-earnings-growth ratio of 1.34 and a beta of 0.88. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.76 and a current ratio of 1.97. Visteon has a 52 week low of $91.20 and a 52 week high of $140.64.

Visteon (NYSE:VC) last released its earnings results on Thursday, February 22nd. The auto parts company reported $1.64 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.73 by ($0.09). The firm had revenue of $797.00 million during the quarter, compared to analysts’ expectations of $797.55 million. Visteon had a net margin of 4.83% and a return on equity of 29.13%. Visteon’s revenue for the quarter was down 2.3% on a year-over-year basis. During the same quarter last year, the company posted $1.55 earnings per share. equities analysts predict that Visteon will post 6.23 earnings per share for the current year.

Visteon declared that its board has initiated a share buyback plan on Tuesday, January 16th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the auto parts company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

In other Visteon news, CEO Sachin Lawande sold 2,500 shares of the company’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $130.00, for a total value of $325,000.00. Following the transaction, the chief executive officer now directly owns 8,595 shares in the company, valued at approximately $1,117,350. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders sold 11,539 shares of company stock worth $1,474,051. 0.19% of the stock is owned by insiders.

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Visteon Company Profile

Visteon Corporation is a global automotive supplier that designs, engineers and manufactures electronics products for original equipment vehicle manufacturer (OEM), including Ford, Mazda, Nissan/Renault, General Motors, Honda BMW and Daimler. The Company operates through Electronics segment. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment, audio systems, telematics solutions and head up displays.

Insider Buying and Selling by Quarter for Visteon (NYSE:VC)

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