VC
Visteon: Q2 Earnings Snapshot
Article Summary
HOLD- Visteon Corp. (VC) reported Q2 earnings of $49 million on a per-share basis, missing Wall Street expectations, with adjusted earnings adjusted for non-recurring costs of $1.91 per share, below the $2.23 average estimate of four analysts surveyed by Zacks Investment Research.
- The auto parts supplier posted revenue of $960 million in the period, exceeding Street forecasts, with three analysts expecting $956.9 million.
- Revenue exceeded expectations by more than $100 million, with Visteon posting revenue growth of nearly 40% year-over-year.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -2.0% | 25% | 0.0 ptsDeclining (-2.0%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 17.6% | 25% | 50.0 ptsMeets Minimum (17.6%) - Passes screener |
| Target Price Upside ? | 36.7% | 20% | 85.0 ptsLarge Upside (36.7%) - Target: $133.92 vs Current: $97.94 |
| Gross Margin % ? | 13.4% | 15% | 20.0 ptsThin (13.4%) - Low-margin business |
| Drawdown from 52-Wk High ? | -24.1% | 15% | 40.0 ptsMild Pullback (-24.1%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About VC
- Visteon Corporation, an automotive technology company, engages in the design, manufacture, and sale of automotive electronics and connected car solutions for vehicle manufacturers.
- It provides instrument clusters, including analog gauge clusters for 2-D and 3-D display-based devices; information displays that integrate a range of user interface technologies and graphics management capabilities, such as active privacy, TrueColor enhancement, local dimming, cameras, optics, haptic feedback, and light effects; and infotainment and connected car solutions, including scalable Android infotainment for seamless connectivity, as well as onboard artificial intelligence-based voice assistants with natural language understanding.
- It offers display audio and embedded infotainment platform that enables third-party developers to create apps through a software development kit and software simulation of the target hardware system; and wired and wireless battery management systems; and power electronics units.
- In addition, the company provides SmartCore, an automotive-grade, integrated domain controller; SmartCore Runtime, a middleware enabling communication between domains and apps to be shown on any display; and SmartCore Studio, a PC-based configuration tool to generate hypervisor configurations.
- Further, it offers CognitoAI, an in-house, automotive-grade A.I. software platform; Battery Management Systems, configurable battery management systems; High-Voltage Power Electronics, an integrated and scalable power electronics units; and engineering and software development services.
- It operates in the United States, Mexico, Portugal, Slovakia, Tunisia, rest of Europe, China, India, Japan, rest of the Asia Pacific, and South America.
- Visteon Corporation was incorporated in 2000 and is headquartered in Van Buren, Michigan.