7 stories mentioning VGNTUpdated 17d ago
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Versigent PLC (VGNT) has an average rating of buy and mean price target of $48, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $49.37, Change: $-0.84, Percent Change: -1.68%
Versigent (VGNT) has an average rating of buy and mean price target of $46.60, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Aptiv (APTV) may benefit from rising orders from Chinese carmakers and customers outside the auto industry, while cost recoveries and stronger H2 margins could help it meet its full-year target, RBC Capital Markets said Tuesday in a report.Aptiv's Q1 adjusted EBITDA beat expectations, driven by strength in its former electrical distribution systems unit, now spun off as Versigent (VGNT), the report said. Weakness in the intelligent systems unit partly offset the beat, with pressure from Ford (F) production disruptions and slower-than-expected progress on a major European automaker's program, RBC said.Management maintained its full-year adjusted EBITDA guidance of $2.4 billion, though the Q2 outlook implies Aptiv will need better margins later in the year to reach that target, RBC said.Aptiv's expansion outside autos looks positive, supported by new business wins in naval, space and energy-storage markets, though early investment may weigh on margins until the business grows, the report said.RBC maintained its outperform rating on Aptiv stock and its $81 price target. The company should be able to manage higher commodity expenses given its strong track record of recovering most of those costs from automaker customers, the report said.Price: $56.81, Change: $+1.98, Percent Change: +3.61%
Versigent (VGNT) has an average rating of buy and mean price target of $43.67, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $40.12, Change: $+2.62, Percent Change: +6.99%
Versigent (VGNT) reported Q1 net income Tuesday of $81 million, down from $96 million a year earlier.Net sales for the quarter ended March 31 were $2.21 billion, up from $2.02 billion a year earlier.Analysts surveyed by FactSet expected $2.09 billion.The company said it expects 2026 revenue of $9.10 billion to $9.40 billion. Analysts surveyed by FactSet expect $9.25 billion.Shares of the company traded more than 5% higher in recent premarket activity Wednesday.Price: $39.39, Change: $+1.89, Percent Change: +5.04%
