Visteon (VC) Scheduled to Post Earnings on Thursday

Visteon (NASDAQ:VCGet Rating) is scheduled to issue its quarterly earnings data before the market opens on Thursday, April 28th. Analysts expect the company to announce earnings of $0.64 per share for the quarter. Visteon has set its FY 2022 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Visteon (NASDAQ:VCGet Rating) last issued its quarterly earnings results on Thursday, February 17th. The company reported $1.69 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.11 by $1.58. Visteon had a return on equity of 11.42% and a net margin of 1.48%. The firm had revenue of $786.00 million during the quarter, compared to analyst estimates of $661.23 million. During the same period last year, the company earned $1.06 EPS. Visteon’s quarterly revenue was down .1% compared to the same quarter last year. On average, analysts expect Visteon to post $4 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Shares of VC stock opened at $100.02 on Thursday. Visteon has a 52-week low of $91.59 and a 52-week high of $134.57. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.36 and a current ratio of 1.67. The firm has a market capitalization of $2.80 billion, a P/E ratio of 69.46 and a beta of 1.91. The stock has a 50 day moving average price of $106.44 and a 200 day moving average price of $108.99.

A number of brokerages have weighed in on VC. The Goldman Sachs Group decreased their target price on Visteon from $156.00 to $138.00 and set a “buy” rating for the company in a research report on Tuesday, March 22nd. Morgan Stanley decreased their target price on Visteon from $75.00 to $72.00 and set an “underweight” rating for the company in a research report on Wednesday, April 6th. Deutsche Bank Aktiengesellschaft lifted their target price on Visteon from $130.00 to $145.00 in a research report on Thursday, January 13th. Robert W. Baird lifted their target price on Visteon from $140.00 to $145.00 and gave the company an “outperform” rating in a research report on Friday, February 18th. Finally, BNP Paribas started coverage on Visteon in a research report on Monday, April 11th. They set a “neutral” rating and a $99.00 target price for the company. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $120.69.

Hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC purchased a new stake in Visteon during the 4th quarter valued at about $29,000. Stifel Financial Corp acquired a new position in shares of Visteon in the 4th quarter valued at about $215,000. Marshall Wace LLP acquired a new position in shares of Visteon in the 4th quarter valued at about $226,000. Advisors Asset Management Inc. acquired a new position in shares of Visteon in the 4th quarter valued at about $238,000. Finally, LPL Financial LLC lifted its holdings in shares of Visteon by 1.9% in the 3rd quarter. LPL Financial LLC now owns 6,978 shares of the company’s stock valued at $659,000 after buying an additional 132 shares during the period.

About Visteon (Get Rating)

Visteon Corporation, an automotive technology company, engineers, designs, and manufactures automotive electronics and connected car solutions for vehicle manufacturers worldwide. The company provides instrument clusters, including analog gauge clusters to 2-D and 3-D display-based devices; information displays that integrate a range of user interface technologies and graphics management capabilities, such as 3-D, active privacy, TrueColor enhancement, cameras, optics, haptic feedback, and light effects; and Phoenix, a display audio and embedded infotainment platform, as well as onboard artificial intelligence-based voice assistant with natural language understanding.

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Earnings History for Visteon (NASDAQ:VC)

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