Docoh
Loading...

VC Visteon

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
SEC CIK
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

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

29 Jul 21
25 Oct 21
31 Dec 21
Quarter (USD)
Jun 21 Mar 21 Dec 20 Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Visteon earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 470M 470M 470M 470M 470M 470M
Cash burn (monthly) 5.33M 24.08M 2.33M (positive/no burn) 3.33M (positive/no burn)
Cash used (since last report) 20.59M 92.96M 9.01M n/a 12.87M n/a
Cash remaining 449.41M 377.04M 460.99M n/a 457.13M n/a
Runway (months of cash) 84.3 15.7 197.6 n/a 137.1 n/a

Beta Read what these cash burn values mean

My notes
No notes yet
My annotations
No annotations yet

Community content

Community annotations
No annotations yet
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
30 Sep 21 Bergman Naomi M. Visteon Stock Units Common Stock Grant Acquire A No No 94.39 278 26.24K 1,574
20 Aug 21 Abigail S Fleming Common Stock Payment of exercise Dispose F No No 106.89 65 6.95K 162
20 Aug 21 Abigail S Fleming Common Stock Option exercise Acquire M No No 0 227 0 227
20 Aug 21 Abigail S Fleming RSU Common Stock Option exercise Dispose M No No 0 227 0 227
5 Aug 21 Brett D Pynnonen Common Stock Sell Dispose S No No 115.275 1,313 151.36K 5,334
5 Aug 21 Brett D Pynnonen Common Stock Option exercise Acquire M No No 66.98 1,870 125.25K 6,647
5 Aug 21 Brett D Pynnonen Common Stock Sell Dispose S No No 115.095 3,268 376.13K 4,777
5 Aug 21 Brett D Pynnonen Common Stock Option exercise Acquire M No No 94.77 3,737 354.16K 8,045
5 Aug 21 Brett D Pynnonen Common Stock Sell Dispose S No No 115.095 1,977 227.54K 4,308
5 Aug 21 Brett D Pynnonen Common Stock Sell Dispose S No No 115.064 482 55.46K 6,285

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders
Current Prev Q Change
Total holders 235 224 +4.9%
Opened positions 36 28 +28.6%
Closed positions 25 44 -43.2%
Increased positions 79 70 +12.9%
Reduced positions 80 90 -11.1%
13F shares
Current Prev Q Change
Total value 3.42B 4.97B -31.2%
Total shares 28.26M 28.46M -0.7%
Total puts 36.4K 25.3K +43.9%
Total calls 14.2K 51.5K -72.4%
Total put/call ratio 2.6 0.5 +421.8%
Largest owners
Shares Value Change
BLK Blackrock 3.16M $381.97M -7.9%
Vanguard 2.69M $325.69M -1.7%
JHG Janus Henderson 2.65M $320.5M +1.8%
IVZ Invesco 2.62M $316.89M +2.3%
Wellington Management 1.3M $157.06M +49.5%
Victory Capital Management 1.07M $128.88M +32.7%
AMP Ameriprise Financial 1.06M $128.68M -2.8%
STT State Street 995.94K $120.45M -1.8%
BK Bank Of New York Mellon 724.28K $87.59M -7.3%
MCQEF Macquarie 719.78K $87.05M +73048.5%
Largest transactions
Shares Bought/sold Change
MCQEF Macquarie 719.78K +718.8K +73048.5%
WDR Waddell & Reed Financial 0 -696.6K EXIT
Wellington Management 1.3M +429.93K +49.5%
Citadel Advisors 174.45K -379.84K -68.5%
FMR 25 -361.31K -100.0%
BLK Blackrock 3.16M -269.93K -7.9%
Victory Capital Management 1.07M +262.76K +32.7%
GS Goldman Sachs 200.97K -170.7K -45.9%
JPM JPMorgan Chase & Co. 55.64K -120.99K -68.5%
Eaton Vance Management 355.44K +106.69K +42.9%

Financial report summary

?
Management Discussion
  • Net sales for the three months ended June 30, 2021 totaled $610 million, representing an increase of $239 million compared with the same period of 2020. Volumes and net new business increased net sales by $236 million. Favorable currency increased net sales by $20 million, primarily attributable to the euro, Japanese yen and Chinese renminbi. Customer pricing decreased net sales by $13 million. Cost performance and design changes decreased net sales by $4 million.
  • Cost of sales increased by $208 million for the three months ended June 30, 2021 compared with the same period in 2020. Volume, mix and net new business increased cost of sales by $180 million. Foreign currency increased cost of sales by $16 million, primarily attributable to the euro, Mexican peso and Chinese renminbi. Net engineering costs, excluding currency, decreased cost of sales by $1 million. Unfavorable cost performance primarily due to the semiconductor supply shortage and the non-recurrence of certain 2020 temporary cost control measures, partially offset by design changes increased cost of sales by $13 million.
  • Gross engineering costs relate to forward model program development and advanced engineering activities and exclude contractually reimbursable engineering costs. Net engineering costs of $47 million for the three months ended June 30, 2021, including the impacts of currency, were $2 million higher than the same period of 2020. The increase is primarily related to the reclassification of certain program expenses from selling, general and administrative expenses to align with the Company's optimized structure partially offset by benefits of previously announced restructuring actions and ongoing cost reduction efforts.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: austerity, capacity, extraordinary, freight, Mazda, remeasurement, Russia, UK
Removed: continuing, extent, inconsistent, light, released, supplementing