Visteon Corp. (NASDAQ: VC) has reported E.P.S. of $2.57 for its second fiscal quarter (ending June 30) versus $0.71 for the same period a year ago — an increase of 262%. Relative to the consensus estimate of $2.01, this was a premium of $0.56. For the latest four quarters through June 30, E.P.S. were $19.61 compared to $4.69 a year ago — an increase of 318%.
Recent Price Action
Visteon Corp. (NASDAQ: VC) stock closed at $113.11 on 7/25/24 after a very large increase of 6.3%. Moreover, trading volume in this advance was exceptionally high at 253% of normal. The stock has declined -1.2% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, VC is expected to continue to be an important Value Builder.
Visteon has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Visteon has a slightly positive Appreciation Score of 67 but a poor Power Rating of 20, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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