Adient (NYSE:ADNT) Announces Quarterly Earnings Results, Misses Expectations By $0.08 EPS

Adient (NYSE:ADNT) released its quarterly earnings data on Wednesday. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.08), FiscalAI reports. The firm had revenue of $3.93 billion for the quarter, compared to the consensus estimate of $3.71 billion. Adient had a net margin of 0.39% and a return on equity of 7.28%. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.45 earnings per share.

Here are the key takeaways from Adient’s conference call:

• Q3 revenue rose 5% year over year to approximately $3.9 billion, supported by favorable volumes, pricing, foreign exchange, and growth in the Americas and China.
• Adjusted EBITDA was essentially flat at $225 million, with management citing approximately $32 million in temporary costs from Middle East-related freight, commodity inflation, and customer- or supplier-driven inefficiencies.
• Adient raised fiscal 2026 revenue guidance to approximately $15 billion while maintaining adjusted EBITDA guidance of $885 million and free cash flow guidance of $130 million.
• China sales increased about 33% and the Americas delivered margin expansion, while EMEA remained pressured by weak production and customer mix; Adient expects additional China margin compression in fiscal 2027 but anticipates EMEA benefits as underperforming metals programs roll off.
• Fiscal 2027 restructuring costs remain difficult to forecast because of pending customer production decisions, with management warning that an individual facility closure could cost $30 million or more; increased automation spending is also expected to raise capital expenditures.

Adient Stock Performance

Shares of ADNT stock traded down $1.02 during mid-day trading on Thursday, reaching $19.50. 418,264 shares of the company’s stock traded hands, compared to its average volume of 1,029,282. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.91 and a current ratio of 1.10. The firm has a market capitalization of $1.53 billion, a PE ratio of 27.49, a price-to-earnings-growth ratio of 0.41 and a beta of 1.52. Adient has a 12 month low of $17.68 and a 12 month high of $27.32. The firm has a 50 day moving average price of $20.74 and a two-hundred day moving average price of $21.59.

Insiders Place Their Bets

In other Adient news, EVP Heather M. Tiltmann sold 22,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $22.71, for a total transaction of $499,620.00. Following the completion of the sale, the executive vice president owned 110,886 shares of the company’s stock, valued at approximately $2,518,221.06. The trade was a 16.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.94% of the company’s stock.

Institutional Investors Weigh In On Adient

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Invesco Ltd. lifted its holdings in shares of Adient by 38.6% in the fourth quarter. Invesco Ltd. now owns 1,599,937 shares of the company’s stock worth $30,671,000 after buying an additional 445,343 shares in the last quarter. Corient Private Wealth LLC increased its stake in Adient by 5.2% during the fourth quarter. Corient Private Wealth LLC now owns 18,117 shares of the company’s stock worth $347,000 after acquiring an additional 899 shares during the last quarter. Vident Advisory LLC raised its position in Adient by 25.6% during the fourth quarter. Vident Advisory LLC now owns 34,794 shares of the company’s stock valued at $667,000 after purchasing an additional 7,086 shares during the period. Mackenzie Financial Corp bought a new stake in shares of Adient in the 4th quarter valued at approximately $605,000. Finally, XTX Topco Ltd bought a new stake in shares of Adient in the 4th quarter valued at approximately $935,000. 92.44% of the stock is owned by institutional investors.

Trending Headlines about Adient

Here are the key news stories impacting Adient this week:

• Positive Sentiment: Revenue rose 4.3% year over year to $3.93 billion, exceeding analysts’ roughly $3.71 billion estimate. Americas and Asia sales increased, helping offset weaker EMEA revenue. Adient earnings report
• Positive Sentiment: Adient generated $205 million in operating cash flow and $138 million in non-GAAP free cash flow, up from $115 million a year earlier. Adjusted EBITDA was $225 million, and the company repurchased $30 million of stock during the quarter. Adient net sales and financial results
• Positive Sentiment: Management reaffirmed its fiscal 2026 earnings and free-cash-flow outlook and maintained revenue guidance of approximately $15.0 billion, above the roughly $14.8 billion consensus estimate. Adient fiscal 2026 outlook

Analyst Ratings Changes

A number of equities analysts recently weighed in on ADNT shares. Citigroup upgraded shares of Adient from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $30.00 to $33.00 in a report on Wednesday, April 15th. Barclays increased their price objective on Adient from $26.00 to $29.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. BNP Paribas Exane upgraded shares of Adient from a “neutral” rating to an “outperform” rating and set a $26.00 target price on the stock in a research note on Thursday, July 30th. Stifel Nicolaus reduced their price target on shares of Adient from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Adient from $28.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Six equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $27.80.

Adient Company Profile

Adient plc (NYSE: ADNT) is a leading global supplier of automotive seating and interior components. Established in 2016 through a spin-off from Johnson Controls, the company designs, engineers and manufactures complete seat assemblies, seat structures, mechanisms, foams, textiles, trim and electronics. Adient’s product portfolio spans a wide range of seating solutions, from entry-level designs to luxury and high-performance seats, and extends to interior modules such as door panels and center consoles.

Serving major original equipment manufacturers (OEMs) around the world, Adient works closely with automakers to develop lightweight, comfortable and safety-oriented seating systems.