Visteon Corporation (VC) Receiving Favorable Media Coverage, AlphaOne Reports
Media coverage about Visteon Corporation (NYSE:VC) has been trending positive on Sunday, Alpha One Sentiment Analysis reports. The research group, a division of Accern, rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Visteon Corporation earned a media sentiment score of 0.29 on Alpha One’s scale. Alpha One also gave news stories about the auto parts company an impact score of 88 out of 100, indicating that recent media coverage is very likely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have effected Alpha One Sentiment’s analysis:
- Visteon Corp. (VC) Fell To Nearly A 2-Month Low (rttnews.com)
- ETFs with exposure to Visteon Corp. : June 15, 2017 (finance.yahoo.com)
- Visteon Corp. – Value Analysis (NYSE:VC) : June 15, 2017 (finance.yahoo.com)
- Relative Strength Alert For Visteon (nasdaq.com)
- 30.8% Return Seen to Date on SmarTrend Visteon Call (VC) (mysmartrend.com)
Several research firms have commented on VC. Goldman Sachs Group, Inc. (The) began coverage on shares of Visteon Corporation in a report on Monday, April 3rd. They issued a “buy” rating and a $104.00 price objective on the stock. Morgan Stanley upgraded shares of Visteon Corporation from an “equal weight” rating to an “overweight” rating and set a $115.00 price objective on the stock in a report on Friday, May 12th. Citigroup Inc. downgraded shares of Visteon Corporation from a “buy” rating to a “neutral” rating and upped their price objective for the company from $87.00 to $97.00 in a report on Monday, February 27th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Visteon Corporation from a “hold” rating to a “buy” rating and set a $102.00 price objective on the stock in a report on Tuesday, February 21st. Finally, BMO Capital Markets decreased their price objective on shares of Visteon Corporation from $104.00 to $95.00 and set a “market perform” rating on the stock in a report on Wednesday, May 3rd. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $97.63.
Visteon Corporation (NYSE VC) traded down 2.93% during trading on Friday, hitting $92.37. 884,543 shares of the company traded hands. The stock has a 50 day moving average price of $100.56 and a 200 day moving average price of $93.04. The company has a market capitalization of $2.93 billion, a P/E ratio of 26.37 and a beta of 0.82. Visteon Corporation has a 12-month low of $63.04 and a 12-month high of $106.95.
Visteon Corporation (NYSE:VC) last announced its quarterly earnings data on Thursday, April 27th. The auto parts company reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.34. Visteon Corporation had a return on equity of 26.74% and a net margin of 3.76%. The company had revenue of $810 million during the quarter, compared to analyst estimates of $806.69 million. During the same quarter last year, the firm posted $1.22 EPS. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. On average, equities analysts anticipate that Visteon Corporation will post $5.79 earnings per share for the current year.
In other news, Director Robert Manzo acquired 2,000 shares of the firm’s stock in a transaction that occurred on Friday, March 24th. The stock was bought at an average price of $95.70 per share, with a total value of $191,400.00. Following the acquisition, the director now owns 2,000 shares in the company, valued at approximately $191,400. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.19% of the company’s stock.
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Visteon Corporation 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.
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