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 $98.25 on 8/9/24 after a decline of -2.3%. NORMAL trading volume accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -12.5% during the last week.
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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Visteon has a slightly positive Appreciation Score of 68 but a very low Power Rating of 12, producing the Negative Value Trend Rating.
Be the first to comment