Adient (NYSE:ADNT) Announces Quarterly Earnings Results

Adient (NYSE:ADNT) released its quarterly earnings data on Tuesday. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05), Zacks reports. Adient had a net margin of 0.12% and a return on equity of 6.86%. During the same quarter in the prior year, the business earned $0.31 earnings per share. Adient updated its FY 2025 guidance to EPS.

Adient Stock Up 0.9 %

Adient stock opened at $17.30 on Tuesday. The firm has a 50 day moving average price of $18.05 and a 200-day moving average price of $20.66. The company has a quick ratio of 0.90, a current ratio of 1.11 and a debt-to-equity ratio of 0.98. Adient has a twelve month low of $16.28 and a twelve month high of $36.04. The company has a market capitalization of $1.47 billion, a P/E ratio of 75.22, a P/E/G ratio of 0.28 and a beta of 2.16.

Insider Buying and Selling

In related news, EVP James Conklin sold 11,500 shares of Adient stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $20.25, for a total value of $232,875.00. Following the completion of the sale, the executive vice president now owns 51,829 shares of the company’s stock, valued at approximately $1,049,537.25. This trade represents a 18.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. JPMorgan Chase & Co. decreased their price objective on Adient from $24.00 to $21.00 and set a “neutral” rating for the company in a report on Monday. Morgan Stanley lowered their price target on Adient from $21.00 to $19.00 and set an “underweight” rating for the company in a research report on Thursday, November 14th. Wells Fargo & Company cut Adient from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $27.00 to $20.00 in a research note on Monday, December 16th. StockNews.com lowered shares of Adient from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Finally, Barclays dropped their price target on shares of Adient from $24.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company. Based on data from MarketBeat.com, Adient has a consensus rating of “Hold” and an average price target of $22.38.

About Adient

Adient plc engages in the design, development, manufacture, and market of seating systems and components for passenger cars, commercial vehicles, and light trucks. The company's automotive seating solutions include complete seating systems, frames, mechanisms, foams, head restraints, armrests, and trim covers.