Visteon Corp (NYSE:VC) has earned an average rating of “Buy” from the eighteen research firms that are covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $123.86.

Several research firms have recently weighed in on VC. B. Riley reissued a “buy” rating on shares of Visteon in a report on Wednesday, November 1st. Zacks Investment Research raised Visteon from a “hold” rating to a “buy” rating and set a $141.00 price objective for the company in a research note on Tuesday, October 31st. Citigroup upped their price objective on Visteon from $113.00 to $126.00 and gave the company a “neutral” rating in a research note on Monday, October 30th. Barclays upped their price objective on Visteon from $107.00 to $112.00 and gave the company an “equal weight” rating in a research note on Friday, October 27th. Finally, FBR & Co upped their price objective on Visteon from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, October 27th.

Shares of Visteon (VC) opened at $123.55 on Friday. Visteon has a fifty-two week low of $79.54 and a fifty-two week high of $133.04. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.97 and a quick ratio of 1.76. The firm has a market capitalization of $3,903.84, a PE ratio of 19.77, a PEG ratio of 1.34 and a beta of 0.85.

Visteon (NYSE:VC) last posted its earnings results on Thursday, October 26th. The auto parts company reported $1.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.17. Visteon had a return on equity of 29.13% and a net margin of 4.83%. The business had revenue of $765.00 million during the quarter, compared to the consensus estimate of $761.95 million. During the same period in the previous year, the business earned $1.10 EPS. The business’s quarterly revenue was down .6% on a year-over-year basis. analysts anticipate that Visteon will post 6.25 earnings per share for the current fiscal year.

In other Visteon news, CEO Sachin Lawande sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $130.94, for a total transaction of $654,700.00. Following the transaction, the chief executive officer now owns 8,595 shares in the company, valued at approximately $1,125,429.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert R. Vallance sold 1,106 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $121.12, for a total value of $133,958.72. Following the transaction, the insider now owns 4,086 shares in the company, valued at approximately $494,896.32. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,110 shares of company stock valued at $1,677,079. 0.19% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Timpani Capital Management LLC increased its position in Visteon by 48.0% during the 2nd quarter. Timpani Capital Management LLC now owns 20,126 shares of the auto parts company’s stock worth $2,054,000 after purchasing an additional 6,525 shares during the period. Leucadia National Corp acquired a new position in Visteon during the 2nd quarter worth approximately $1,531,000. First Trust Advisors LP increased its position in Visteon by 16.8% during the 2nd quarter. First Trust Advisors LP now owns 43,853 shares of the auto parts company’s stock worth $4,476,000 after purchasing an additional 6,300 shares during the period. AXA acquired a new stake in shares of Visteon in the 2nd quarter worth approximately $531,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of Visteon by 34.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,804,109 shares of the auto parts company’s stock worth $223,294,000 after acquiring an additional 465,508 shares during the period.

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About Visteon

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.

Analyst Recommendations for Visteon (NYSE:VC)

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