Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Visteon Corp. (NASDAQ: VC) weakened in the last week. VC’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Visteon Corp. (NASDAQ: VC) stock closed at $97.29 on 9/27/24 after a modest gain of 1.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 211% of normal. The stock has risen 2.2% during the last week but 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Visteon has a good Appreciation Score of 72 but a very low Power Rating of 13, with the Negative Value Trend Rating the result.
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