Why Visteon Corporation (NYSE:VC) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $89.89 on Visteon Corporation (NYSE:VC) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $4.45 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Visteon Corporation (NYSE:VC) stands at 38.64.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Visteon Corporation Common Stoc, the PEG ratio for coming 3-5 years is 0.68.

Technical Analysis

The technical analysis highlights that Visteon Corporation Common Stoc current is trading $3.27 points away or +4.82% from its 50-day moving average of $67.91. Further it is trading $-0.93 or -1.29% away its 200-day moving average of $72.11.

The 52-week high of Visteon Corporation (NYSE:VC) was $121.65 while lowest point recorded in 52-week was $58.83. It implies if stock price makes a movement of over $-50.47, it will record a new 52-week high. In the case of +20.99% drop, it will touch a new 52-week low.

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