Versigent (NYSE:VGNT) Announces Earnings Results

Versigent (NYSE:VGNT) announced its earnings results on Wednesday. The company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.12, Zacks reports.

Here are the key takeaways from Versigent’s conference call:

• Versigent reported 7% sales growth, 11% higher adjusted EBITDA, and 40 basis points of margin expansion; adjusted sales grew about 1% despite global automotive production declining approximately 2%. This marked its sixth consecutive quarter of growth over market.
• The company raised its 2026 free-cash-flow guidance to $275 million–$325 million, citing stronger year-to-date performance and the timing of some initiatives. The higher sales outlook reflects increased copper pass-throughs, while the adjusted EBITDA midpoint remains unchanged at $990 million.
• Versigent reported more than 115 program launches so far this year, with over 99% quality and on-time delivery, and secured $7.5 billion in year-to-date bookings. Management said the launches and awards demonstrate its ability to execute complex programs and support future growth.
• EMEA adjusted sales fell 8% amid weak demand, lower vehicle production, and program roll-offs. Elevated fourth-quarter launch activity and the lag in copper-cost recovery may also pressure sequential margins; management cautioned that third-quarter margins are not a new run rate.
• Adjacent markets such as battery energy storage, power generation, and robotics are generating early wins, but many programs remain in development or small-scale production. Management said these opportunities are not expected to contribute meaningfully to its current outlook.

Versigent Stock Performance

Shares of NYSE:VGNT traded up $1.73 during mid-day trading on Wednesday, reaching $42.42. 812,445 shares of the company traded hands, compared to its average volume of 1,520,966. The company’s 50 day moving average price is $45.18 and its 200-day moving average price is $42.71. The firm has a market cap of $3.00 billion and a PE ratio of 22.32. The company has a debt-to-equity ratio of 7.29, a current ratio of 1.40 and a quick ratio of 1.09. Versigent has a 52 week low of $26.34 and a 52 week high of $50.88.

Insider Buying and Selling

In other Versigent news, Director Kevin Clark sold 47,761 shares of the firm’s stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $44.36, for a total transaction of $2,118,677.96. Following the sale, the director owned 27,571 shares in the company, valued at approximately $1,223,049.56. This trade represents a 63.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have sold 220,000 shares of company stock worth $10,065,848.

Wall Street Analysts Forecast Growth

VGNT has been the subject of a number of recent research reports. Fox Advisors downgraded Versigent from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $54.00 price objective on shares of Versigent in a report on Wednesday, August 5th. Argus boosted their target price on shares of Versigent from $50.00 to $54.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. TD Cowen boosted their target price on shares of Versigent from $49.00 to $58.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Royal Bank Of Canada upped their target price on shares of Versigent from $52.00 to $53.00 and gave the company an “outperform” rating in a report on Monday, October 12th. Eleven analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $54.00.

About Versigent

Versigent PLC is involved in the design, manufacturing and delivery of low and high voltage power electrical architectures. Versigent PLC is based in SCHAFFHAUSEN, Switzerland.