For its third fiscal quarter (ending September 30), Visteon Corp. (NASDAQ: VC) has reported a -40% decline in E.P.S. from $2.35 a year ago to $1.41 in the current quarter. E.P.S. were $18.68 for the latest four quarters through September 30 versus $5.47 for the same period a year ago — an increase of 241%.
Recent Price Action
On 10/24/24, Visteon Corp. (NASDAQ: VC) stock enjoyed a very large increase of 5.5%, closing at $92.47. Moreover, trading volume in this advance was exceptionally high at 268% of normal. Relative to the market the stock has been weak over the last nine months but has risen 2.0% 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 C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Visteon has a good Appreciation Score of 75 but a poor Power Rating of 21, with the Low Neutral Value Trend Rating the result.
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.
Be the first to comment