Somewhat Positive News Coverage Somewhat Unlikely to Affect Visteon (VC) Share Price

News coverage about Visteon (NYSE:VC) has trended somewhat positive on Friday, Accern reports. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Visteon earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned press coverage about the auto parts company an impact score of 46.147566511213 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Visteon (VC) traded up $1.35 on Friday, hitting $124.90. The stock had a trading volume of 326,950 shares, compared to its average volume of 303,106. The company has a market capitalization of $3,903.84, a PE ratio of 19.77, a PEG ratio of 1.34 and a beta of 0.85. The company has a current ratio of 1.97, a quick ratio of 1.76 and a debt-to-equity ratio of 0.47. Visteon has a 1-year low of $79.54 and a 1-year high of $133.04.

Visteon (NYSE:VC) last announced its quarterly earnings results on Thursday, October 26th. The auto parts company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.25 by $0.17. Visteon had a return on equity of 29.13% and a net margin of 4.83%. The firm had revenue of $765.00 million for the quarter, compared to analysts’ expectations of $761.95 million. During the same period in the prior year, the business posted $1.10 earnings per share. The business’s revenue was down .6% compared to the same quarter last year. analysts anticipate that Visteon will post 6.25 earnings per share for the current year.

A number of brokerages have recently commented on VC. B. Riley reiterated a “buy” rating on shares of Visteon in a report on Wednesday, November 1st. Zacks Investment Research upgraded Visteon from a “hold” rating to a “buy” rating and set a $141.00 price target for the company in a report on Tuesday, October 31st. Citigroup upped their price target on Visteon from $113.00 to $126.00 and gave the stock a “neutral” rating in a report on Monday, October 30th. Barclays boosted their price objective on Visteon from $107.00 to $112.00 and gave the company an “equal weight” rating in a research report on Friday, October 27th. Finally, FBR & Co boosted their price objective on Visteon from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, October 27th. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Visteon presently has a consensus rating of “Buy” and a consensus price target of $123.86.

In other Visteon news, insider Robert R. Vallance sold 1,106 shares of the company’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $121.12, for a total value of $133,958.72. Following the sale, the insider now directly owns 4,086 shares in the company, valued at $494,896.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sachin Lawande sold 2,500 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $126.05, for a total value of $315,125.00. Following the completion of the sale, the chief executive officer now owns 8,595 shares in the company, valued at $1,083,399.75. The disclosure for this sale can be found here. Insiders sold 13,110 shares of company stock worth $1,677,079 over the last quarter. Company insiders own 0.19% of the company’s stock.

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About Visteon

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.

Insider Buying and Selling by Quarter for Visteon (NYSE:VC)

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