Visteon (VC) Scheduled to Post Earnings on Thursday

Visteon (NASDAQ:VC) is scheduled to post its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect Visteon to post earnings of $1.79 per share for the quarter. Visteon has set its FY 2024 guidance at EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

Visteon (NASDAQ:VC) last announced its quarterly earnings data on Tuesday, February 20th. The company reported $13.01 earnings per share for the quarter, topping the consensus estimate of $2.09 by $10.92. The company had revenue of $990.00 million for the quarter, compared to analyst estimates of $1.05 billion. Visteon had a return on equity of 57.45% and a net margin of 12.29%. Visteon’s revenue for the quarter was down 7.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.32 EPS. On average, analysts expect Visteon to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Visteon Price Performance

NASDAQ:VC opened at $108.00 on Tuesday. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of 6.29, a PEG ratio of 0.49 and a beta of 1.65. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.42 and a current ratio of 1.74. Visteon has a 52 week low of $105.76 and a 52 week high of $159.87. The company has a 50-day moving average of $114.24 and a 200-day moving average of $118.87.

Analysts Set New Price Targets

Several brokerages have recently commented on VC. Barclays upgraded shares of Visteon from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $140.00 to $145.00 in a research note on Wednesday, April 10th. Wells Fargo & Company upped their target price on shares of Visteon from $101.00 to $106.00 and gave the company an “underweight” rating in a research note on Wednesday, February 21st. Royal Bank of Canada lowered their price objective on shares of Visteon from $188.00 to $146.00 and set an “outperform” rating for the company in a research report on Thursday, March 7th. Wolfe Research reiterated a “peer perform” rating on shares of Visteon in a report on Thursday, January 4th. Finally, StockNews.com raised shares of Visteon from a “hold” rating to a “buy” rating in a research report on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $142.70.

About Visteon

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