Ohio’s Strs Increases Visteon Corporation Stake by 81.3% in Q1

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Visteon Corporation ($NASDAQ:VC) is a leading global automotive supplier that designs, engineers and manufactures innovative climate, electronic, interior and lighting products for vehicle manufacturers around the world. The company’s leading brands include Visteon, Ford, Honda, GM, Toyota and Hyundai. This move illustrates the strong confidence that Strs Ohio has in Visteon Co., which has consistently delivered strong financial results over the past year. The company also recently completed the spin-off of its Halla Visteon Climate Control business, which generated $4 billion in net proceeds from this transaction.

Overall, the increase in Strs Ohio’s stake in Visteon Corporation indicates that the company is well positioned for future growth and success. This move will likely help to further boost investor confidence in the company and may lead to increased attention from other institutional investors.

Analysis

At GoodWhale, we analyzed the fundamentals of VISTEON CORPORATION using our Star Chart, and found that the company is strong in asset management, medium in growth, profitability and weak in dividend. We classified the company as a ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. The health score of VISTEON CORPORATION is 9/10, indicating that the company is in good health with regards to its cashflows and debt. This suggests that it is capable of paying off its debt and funding future operations. For investors looking to invest in a company that has achieved high revenue growth but is considered less stable due to lower profitability, VISTEON CORPORATION may be an attractive option. The strong asset management and healthy financials make it a viable option for investors looking for long-term investments. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Visteon Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Visteon Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Visteon Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Visteon Corporation are shown below. More…

Peers

Visteon Corp is one of the world’s leading suppliers of automotive electronics and information technology solutions. The company’s products are used in a wide range of vehicles, from cars and trucks to agricultural and construction equipment. Visteon has a strong presence in North America, Europe, Asia, and South America. The company’s main competitors are Stoneridge Inc, Tung Thih Electronic Co Ltd, Nanjng YueBoo Power System Co Ltd.

– Stoneridge Inc ($NYSE:SRI)

The company’s market cap is 619.76M as of 2022 and its ROE is -4.91%. Stoneridge Inc is a manufacturer of electrical and electronic components and systems for the automotive, commercial, motorcycle, and off-highway vehicle markets. The company’s products include engine management systems, electronic control units, sensors, and actuators.

– Tung Thih Electronic Co Ltd ($TPEX:3552)

Tung Thih Electronic Co Ltd is a publicly traded company with a market capitalization of 12.15 billion as of 2022. The company has a return on equity of 9.05%. Tung Thih Electronic Co Ltd is engaged in the manufacturing and sale of electronic products. The company’s products include digital cameras, mobile phones, and tablets.

– Nanjng YueBoo Power System Co Ltd ($SZSE:300742)

Nanjing Yuebo Power System Co Ltd is a Chinese company that manufactures and sells power generation equipment. The company has a market capitalization of 1.72 billion as of 2022 and a return on equity of -665.04%. The company’s products include diesel generators, gas generators, and solar power systems. Nanjing Yuebo Power System Co Ltd is headquartered in Nanjing, Jiangsu Province, China.

Summary

Visteon Corporation has been gaining investor attention recently. In the first quarter of the year, Strs Ohio increased its stake in Visteon by an impressive 81.3%. This latest move is part of a larger trend of investors taking notice of the potential of Visteon Corporation stock.

Investors are cautiously optimistic about the long-term prospects for Visteon as they look to capitalize on the growth potential. With the company continuing to invest in research and development, shareholders are likely to reap the rewards for many years to come.