Visteon (NASDAQ:VC) Issues Earnings Results, Beats Estimates By $2.47 EPS

Visteon (NASDAQ:VC) announced its quarterly earnings data on Tuesday. The company reported $4.44 EPS for the quarter, beating the consensus estimate of $1.97 by $2.47, Zacks reports. The business had revenue of $939.00 million during the quarter, compared to the consensus estimate of $954.17 million. Visteon had a net margin of 7.09% and a return on equity of 25.13%. Visteon updated its FY 2025 guidance to EPS.

Visteon Price Performance

VC opened at $89.16 on Thursday. The stock’s 50 day simple moving average is $85.64 and its 200 day simple moving average is $91.25. Visteon has a 1 year low of $75.75 and a 1 year high of $121.45. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.82 and a quick ratio of 1.47. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of 9.09, a PEG ratio of 0.39 and a beta of 1.44.

Analyst Upgrades and Downgrades

VC has been the subject of a number of research reports. Royal Bank of Canada dropped their target price on shares of Visteon from $127.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday. StockNews.com downgraded shares of Visteon from a “buy” rating to a “hold” rating in a report on Sunday, November 3rd. Wells Fargo & Company raised their price objective on Visteon from $119.00 to $124.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Barclays lowered their target price on Visteon from $140.00 to $115.00 and set an “overweight” rating for the company in a report on Wednesday, January 22nd. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $123.77.

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.