Visteon is a global technology company that designs, engineers and manufactures innovative automotive electronics and connected car solutions for the world's major vehicle manufacturers. Visteon is driving the smart, learning, digital cockpit of the future, to improve safety and the user experience. Visteon is a global leader in cockpit electronic products including digital instrument clusters, information displays, infotainment, head-up displays, telematics, SmartCore™ cockpit domain controllers, the DriveCore™ autonomous driving platform, and wireless battery management systems. Visteon also delivers artificial intelligence-based technologies, connected car, cybersecurity, interior sensing, embedded multimedia and smartphone connectivity software solutions. Headquartered in Van Buren Township, Michigan, Visteon has approximately 10,000 employees at more than 40 facilities in 18 countries.
Company profile
Ticker
VC
Exchange
Website
CEO
Sachin Lawande
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Icahn Enterprises • Magna International • Adient • Aptiv • Lear • Autoliv • BorgWarner • Dana • Allison Transmission • Garrett Motion ...
SEC CIK
Corporate docs
Subsidiaries
SunGlas, LLC • Fairlane Holdings, Inc. • Visteon Climate Control Systems Limited • ARS, Inc. • Visteon Domestic Holdings, LLC • Visteon Electronics Corporation • Visteon Global Electronics, Inc. • Changchun Visteon FAWAY Automotive Electronics Co., Ltd. • Visteon European Electronics, Inc. • Visteon Electronics Slovakia, s.r.o. ...
IRS number
383519512
VC stock data
Analyst ratings and price targets
Current price
Average target
$123.50
Low target
$102.00
High target
$145.00
Wells Fargo
Maintains
$102.00
Citigroup
Maintains
$145.00
Latest filings (excl ownership)
10-Q
2022 Q3
Quarterly report
27 Oct 22
8-K
Visteon Announces Third-Quarter 2022 Results
27 Oct 22
10-Q
2022 Q2
Quarterly report
28 Jul 22
8-K
Visteon Announces Second-Quarter 2022 Results
28 Jul 22
8-K
Entry into a Material Definitive Agreement
22 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
29 Jun 22
SD
Conflict minerals disclosure
27 May 22
DEFA14A
Additional proxy soliciting materials
29 Apr 22
DEF 14A
Definitive proxy
29 Apr 22
10-Q
2022 Q1
Quarterly report
28 Apr 22
Transcripts
VC
Earnings call transcript
2022 Q2
31 Jul 22
VC
Earnings call transcript
2022 Q1
28 Apr 22
VC
Earnings call transcript
2021 Q4
17 Feb 22
VC
Earnings call transcript
2021 Q3
28 Oct 21
VC
Earnings call transcript
2021 Q2
31 Jul 21
VC
Earnings call transcript
2021 Q1
2 May 21
VC
Earnings call transcript
2020 Q4
18 Feb 21
VC
Earnings call transcript
2020 Q3
31 Oct 20
VC
Earnings call transcript
2020 Q2
2 Aug 20
VC
Earnings call transcript
2020 Q1
30 Apr 20
Latest ownership filings
SC 13G/A
BlackRock Inc.
24 Jan 23
4
Sachin Lawande
9 Dec 22
4
DAVID L TREADWELL
18 Nov 22
SC 13G/A
WELLINGTON MANAGEMENT GROUP LLP
10 Nov 22
4
Naomi M. Bergman
3 Oct 22
4
Abigail S Fleming
23 Aug 22
4
Robert R Vallance
3 Aug 22
4
Kristin Trecker
3 Aug 22
4
Jerome Rouquet
29 Jul 22
4
Naomi M. Bergman
1 Jul 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 365.00 mm | 365.00 mm | 365.00 mm | 365.00 mm | 365.00 mm | 365.00 mm |
| Cash burn (monthly) | (no burn) | 3.00 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 12.22 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 352.78 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 117.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
98.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 242 |
| Opened positions | 37 |
| Closed positions | 31 |
| Increased positions | 81 |
| Reduced positions | 82 |
| 13F shares | Current |
|---|---|
| Total value | 2.94 bn |
| Total shares | 27.73 mm |
| Total puts | 61.90 k |
| Total calls | 32.40 k |
| Total put/call ratio | 1.9 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 3.27 mm | $347.08 mm |
| Vanguard | 2.71 mm | $286.93 mm |
| Wellington Management | 2.63 mm | $278.70 mm |
| JHG Janus Henderson | 1.76 mm | $186.75 mm |
| IVZ Invesco | 1.33 mm | $140.82 mm |
| Victory Capital Management | 1.23 mm | $130.11 mm |
| AMP Ameriprise Financial | 743.94 k | $78.87 mm |
| Citadel Advisors | 718.83 k | $76.24 mm |
| Massachusetts Financial Services | 718.39 k | $76.19 mm |
| BK Bank Of New York Mellon | 639.22 k | $67.80 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 7 Dec 22 | Sachin Lawande | Common Stock | Payment of exercise | Dispose F | No | No | 143.36 | 23,329 | 3.34 mm | 192,516 |
| 7 Dec 22 | Sachin Lawande | Common Stock | Option exercise | Acquire M | No | No | 72.98 | 32,261 | 2.35 mm | 215,845 |
| 7 Dec 22 | Sachin Lawande | Employee stock option Common Stock | Option exercise | Dispose M | No | No | 72.98 | 32,261 | 2.35 mm | 0 |
| 17 Nov 22 | Treadwell David L | Common Stock | Sell | Dispose S | No | No | 140.5916 | 2,000 | 281.18 k | 3,003 |
| 30 Sep 22 | Bergman Naomi M. | Visteon Stock Units Common Stock | Grant | Acquire A | No | No | 106.06 | 248 | 26.30 k | 2,575 |
| 20 Aug 22 | Abigail S Fleming | Common Stock | Payment of exercise | Dispose F | No | No | 125.93 | 65 | 8.19 k | 427 |
| 20 Aug 22 | Abigail S Fleming | Common Stock | Option exercise | Acquire M | No | No | 0 | 227 | 0.00 | 492 |
| 20 Aug 22 | Abigail S Fleming | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 227 | 0.00 | 0 |
| 2 Aug 22 | Kristin Trecker | Common Stock | Sell | Dispose S | No | No | 126.765 | 1,990 | 252.26 k | 4,022 |
| 2 Aug 22 | Kristin Trecker | Common Stock | Sell | Dispose S | No | No | 126.311 | 3,095 | 390.93 k | 6,012 |
News
Wells Fargo Maintains Underweight on Visteon, Raises Price Target to $102
17 Jan 23
Expert Ratings for Visteon
13 Jan 23
Citigroup Maintains Neutral Rating for Visteon: Here's What You Need To Know
13 Jan 23
Citigroup Maintains Neutral on Visteon, Raises Price Target to $145
13 Jan 23
Visteon, Qualcomm Join Hands For Development Of Next-Generation Digital Cockpit
4 Jan 23
Press releases
Visteon to Announce Fourth Quarter and Full-Year 2022 Results on Feb. 16
27 Jan 23
Visteon's Complete Digital Cockpit Solutions on Display During CES 2023
5 Jan 23
Visteon and Qualcomm Work Together to Accelerate Development of Next-Generation Digital Cockpit
4 Jan 23
AWS and Visteon Announce Strategic Collaboration to Enable Pioneering Vehicle Connected Services Platform
6 Dec 22
Visteon Announces 2022 Strategic Supplier Award Winners
30 Nov 22