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 to Transfer Stock Listing to Nasdaq (finance.yahoo.com)
- Automotive HVAC Market: Opportunity Assessment Research Study 2014-2020 (sbwire.com)
- Visteon and Toyota RI Begin Testing Autonomous Cars at American Center for Mobility at Willow Run (autoconnectedcar.com)
- Visteon Corp (VC) Receives Average Recommendation of “Buy” from Brokerages (americanbankingnews.com)
- Zacks: Analysts Anticipate Visteon Corp (VC) Will Announce Quarterly Sales of $806.95 Million (americanbankingnews.com)
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.
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.
ILLEGAL ACTIVITY NOTICE: This piece was reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. and international copyright & trademark law. The legal version of this piece can be viewed at https://www.com-unik.info/2017/12/15/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-visteon-vc-share-price.html.
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.
What are top analysts saying about Visteon? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Visteon and related companies.