Visteon (NASDAQ:VC – Get Rating) released its earnings results on Thursday. The company reported $1.09 EPS for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.45, MarketWatch Earnings reports. Visteon had a return on equity of 11.42% and a net margin of 1.48%. The firm had revenue of $818.00 million during the quarter, compared to the consensus estimate of $731.40 million. During the same quarter in the previous year, the company posted $0.56 earnings per share. The company’s revenue was up 9.7% compared to the same quarter last year.
VC stock opened at $105.21 on Friday. Visteon has a 52 week low of $88.82 and a 52 week high of $134.57. The company has a quick ratio of 1.36, a current ratio of 1.67 and a debt-to-equity ratio of 0.57. The firm has a 50-day simple moving average of $105.06 and a 200-day simple moving average of $108.83. The stock has a market capitalization of $2.95 billion, a P/E ratio of 73.06 and a beta of 1.91.
Large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC acquired a new stake in Visteon during the 4th quarter worth $29,000. Stifel Financial Corp acquired a new stake in Visteon in the 4th quarter valued at about $215,000. Marshall Wace LLP purchased a new position in Visteon in the 4th quarter worth approximately $226,000. Advisors Asset Management Inc. purchased a new stake in shares of Visteon in the fourth quarter valued at approximately $238,000. Finally, LPL Financial LLC increased its holdings in shares of Visteon by 1.9% in the third quarter. LPL Financial LLC now owns 6,978 shares of the company’s stock valued at $659,000 after purchasing an additional 132 shares during the last quarter.
Visteon Company Profile (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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