68.35 0.00 (0.00%)
After hours: 5:53PM EDT
|Bid||68.36 x 900|
|Ask||68.41 x 1100|
|Day's Range||67.71 - 69.51|
|52 Week Range||44.04 - 118.85|
|Beta (3Y Monthly)||2.41|
|PE Ratio (TTM)||23.04|
|Earnings Date||Oct 23, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||65.92|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Visteon Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
VAN BUREN TOWNSHIP, Mich., Aug. 05, 2019 -- Visteon Corporation (Nasdaq: VC), a leading global supplier of vehicle cockpit electronics, will present at the 2019 J.P. Morgan.
(Bloomberg) -- Semiconductor companies are wincing as consumers around the globe are buying fewer cars amid continuing trade tensions between the U.S. and China.China has been a pain point for the sector as the two countries continue to spar on trade, and chipmakers had braced for slumping demand in the country to dent performance. The automotive sector has emerged as one of the biggest sources of weakness and is now threatening to dampen the chances of a recovery in the latter half of the year.It has so far been an unfortunate year for automakers, as global sales shrank 6.5% from a year earlier in the first quarter of 2019, and 7% in the next three months, according to Bloomberg Intelligence. China led the decline with car sales in the country falling for 12 consecutive months through June, amid slowing economic growth, trade-related turmoil, and a weak consumer demand, exacerbated by newer and stricter emissions rules. With the U.S. and China ratcheting the turmoil up a notch this week, some say the risks of tariffs on auto imports is now higher.Many auto parts suppliers, as well as Ford Motor Co., have reported disappointing results and issued weak forecasts for the year, citing the China slowdown. And now the effect is rippling through the rest of the supply chain, hurting chipmakers and other industrial manufacturers.“China weakness was expected, but in all honesty, we were expecting a trade deal by now,” Piper Jaffray & Co. analyst Harsh Kumar said in an interview. Kumar, who covers semiconductor stocks, said the companies supplying the automotive market were still seeing growth in radar and electrification-related products, while the traditional, gas engine segment is getting hit hard.Most of the automotive chip manufacturers have a larger piece of their business associated with traditional auto, and “that is not doing so well because there isn’t any market share or penetration to be gained; it is simply a units game,” Kumar said, referring to the fewer number of cars being sold.Maxim Integrated Products Inc., which makes chips that are used in various parts of a car including lighting, infotainment and driver assistance systems, said it expected the calendar third quarter to be slow, due to a “soft environment” for automotive production. The company’s battery management systems used in electric vehicles will also have fewer shipments, given the market uncertainty in China, the company said.The concerns were echoed by NXP Semiconductors NV, which makes components that help a car to sense its environment and process that data. Maxim and NXP’s customers include auto suppliers such as Aptiv Plc, Lear Corp. and Visteon Corp. as well as Fiat Chrysler Automobiles NV. Other chipmakers with substantial auto market exposure include Infineon Technologies AG, Analog Devices Inc., Texas Instruments Inc., and Microchip Technology Inc.Meanwhile, Rockwell Automation Inc., which counts both automotive and semiconductor sectors among its customers, saw both markets decline in the quarter ending June 30.“Overall, the combination of production cuts and reductions in component inventory is having an significant impact,” Morgan Stanley’s Craig Hettenbach, who covers semiconductors, said in an email interview. The analyst said that while the weakness is most pronounced in China, Europe has also been below expectations from the beginning of the year. “There is a lot of focus on when China will provide incentives to stimulate demand, but company and investor expectations for stimulus are pretty low right now,” Hettenbach said.A respite is not expected anytime soon. According to Moody’s, global vehicle sales are expected to fall 3.8% in 2019, amid further weakening demand in China and Western Europe. The latest round of trade war-related tarriffs could make matters even worse.To contact the reporter on this story: Esha Dey in New York at email@example.comTo contact the editors responsible for this story: Brad Olesen at firstname.lastname@example.org, Jennifer Bissell-Linsk, Morwenna ConiamFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Moody's Investors Service ("Moody's") downgraded Visteon Corporation's (Visteon) Corporate Family Rating (CFR) and Probability of Default Rating, to Ba3 and Ba3-PD, from Ba2 and Ba2-PD, respectively. In a related action Moody's downgraded the ratings on Visteon's senior secured credit facilities to Ba3 from Ba2, and affirmed the Speculative Grade Liquidity Rating at SGL-1.
Visteon (VC) delivered earnings and revenue surprises of -20.00% and 1.90%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Sales of $733 millionNet income of $7 million Adjusted EBITDA of $46 million Awarded $3.2 billion in new business YTD ° Driven by digital clusters, displays and.
Visteon (VC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
VAN BUREN TOWNSHIP, Mich., July 11, 2019 -- Visteon Corporation (Nasdaq: VC) plans to release its second-quarter 2019 financial results prior to 7 a.m. ET on Thursday, July 25..
Visteon Corporation (NASDAQ:VC) is a stock with outstanding fundamental characteristics. When we build an investment...
Lawande will present unique centralized computing approach based on open platform addressing demands of assisted and autonomous drivingVisteon also will demonstrate the three.
In this article we are going to estimate the intrinsic value of Visteon Corporation (NASDAQ:VC) by taking the expected...
Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]
The U.S. auto industry - and investors in auto stocks - have a huge amount at stake as President Trump prepares to impose a first round of tariffs on Mexican imports by this Monday, June 10. The automotive industry is heavily dependent on parts and vehicle imports from Mexico, and investors have much more at risk than their ownership of blue-chip companies like General Motors Co. (GM) and Ford Motor Co. (F).
CHELMSFORD, United Kingdom, June 06, 2019 -- Visteon Corporation (NASDAQ: VC), a global cockpit electronics leader, has been recognized for providing innovative technology to.
Visteon Corp NASDAQ/NGS:VCView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is high and has been increasing Bearish sentimentShort interest | NegativeShort interest is high for VC with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting VC. Sentiment has worsened and traders added to their bearish short positions on May 28. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.43 billion over the last one-month into ETFs that hold VC are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
If you're interested in Visteon Corporation (NASDAQ:VC), then you might want to consider its beta (a measure of share...
Visteon’s domain controller powers 8.8-inch “floating island” infotainment system and India’s first digital cluster with 7-inch color TFT displayVisteon’s third SmartCore™.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...