Stock Rating Downgrade
The Value Trend Rating for Visteon Corp. (NASDAQ: VC) weakened in recent days from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Visteon Corp. (NASDAQ: VC) stock closed at $127.58 on 7/29/22 after a large increase of 4.2%. Moreover, unusually high trading volume at 197% of normal accompanied the advance. The stock has risen 7.3% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
VC is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Visteon has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Visteon has a very low Appreciation Score of 10 but a slightly positive Power Rating of 66, resulting in the Negative Value Trend Rating.