VC Stock Summary and Trading Ideas (Visteon | NASDAQ:VC)

Visteon Corp is an automotive supplier. It manufactures electronics products for original equipment vehicle manufacturers including Ford, Nissan, Renault, Mazda, BMW, General Motors, and Honda. The company offers information displays, instrument clusters, head-up displays, infotainment systems, telematics solutions, and Smartcore. The Company's reportable segment is Electronics. The Electronics segment provides vehicle cockpit electronics products to customers, including digital instrument clusters, domain controllers with integrated advanced driver assistance systems, displays, Android-based infotainment systems, and battery management systems. Geographically, it operates in North America, Europe, China, Asia-Pacific, and South America.

Visteon trades on the NASDAQ stock market under the symbol VC.

As of April 26, 2024, VC stock price climbed to $112.19 with 410,203 million shares trading.

VC has a beta of 0.76, meaning it tends to be less sensitive to market movements. VC has a correlation of 0.14 to the broad based SPY ETF.

VC has a market cap of $3.10 billion. This is considered a Mid Cap stock.

Last quarter Visteon reported $933 million in Revenue and $1.61 earnings per share. This fell short of revenue expectation by $-45 million and missed earnings estimates by -$.07.

In the last 3 years, VC stock traded as high as $171.66 and as low as $88.82.

The top ETF exchange traded funds that VC belongs to (by Net Assets): VTI, IJH, VB, IWM, VXF.

VC has underperformed the market in the last year with a return of -22.9%, while the SPY ETF gained +27.4%. In the last 3 month period, VC fell short of the market, returning -5.4%, while SPY returned +4.6%. However, in the most recent 2 weeks VC has outperformed the stock market by returning +3.0%, while SPY returned -0.5%.

VC support price is $107.25 and resistance is $112.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VC stock will trade within this expected range on the day.