Visteon (VC) Earning Favorable Press Coverage, Analysis Shows

Media headlines about Visteon (NYSE:VC) have been trending positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Visteon earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news articles about the auto parts company an impact score of 45.4147316805258 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Visteon (NYSE VC) traded down $3.88 during trading on Monday, reaching $120.05. The company’s stock had a trading volume of 427,087 shares, compared to its average volume of 266,852. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.97 and a quick ratio of 1.76. The firm has a market capitalization of $3,730.00, a price-to-earnings ratio of 22.95, a price-to-earnings-growth ratio of 1.34 and a beta of 0.85. Visteon has a 12 month low of $88.29 and a 12 month high of $140.64.

Visteon announced that its board has authorized a stock buyback plan on Tuesday, January 16th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the auto parts company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.

Several research analysts have issued reports on the company. Guggenheim reiterated a “buy” rating and issued a $154.00 price objective on shares of Visteon in a research report on Wednesday, January 10th. Zacks Investment Research upgraded Visteon from a “hold” rating to a “buy” rating and set a $141.00 price objective for the company in a research report on Saturday, January 6th. B. Riley increased their price objective on Visteon from $140.00 to $162.00 and gave the stock a “buy” rating in a research report on Thursday, January 11th. Longbow Research assumed coverage on Visteon in a research report on Friday, January 5th. They issued a “buy” rating and a $160.00 price objective for the company. Finally, Royal Bank of Canada lowered their target price on Visteon to $131.00 and set a “sector perform” rating on the stock in a report on Sunday, January 21st. Seven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $134.25.

In related news, CEO Sachin Lawande sold 5,000 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $129.26, for a total transaction of $646,300.00. Following the sale, the chief executive officer now owns 8,595 shares of the company’s stock, valued at $1,110,989.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders sold 17,500 shares of company stock worth $2,263,500 in the last three months. 0.19% of the stock is owned by corporate insiders.

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Visteon 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.

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

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