Adient (NYSE:ADNT) Announces Earnings Results

Adient (NYSE:ADNT) issued its quarterly earnings results 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 return on equity of 6.86% and a net margin of 0.12%. Adient updated its FY 2025 guidance to EPS.

Adient Stock Up 0.9 %

Shares of NYSE:ADNT opened at $17.30 on Tuesday. The firm has a fifty day moving average price of $18.05 and a two-hundred day moving average price of $20.66. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 75.22, a PEG ratio of 0.28 and a beta of 2.16. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.11 and a quick ratio of 0.90. Adient has a one year low of $16.28 and a one year high of $36.04.

Analyst Upgrades and Downgrades

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

Insider Transactions at Adient

In other Adient news, EVP James Conklin sold 11,500 shares of Adient stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $20.25, for a total transaction of $232,875.00. Following the completion of the sale, the executive vice president now directly owns 51,829 shares in the company, valued at $1,049,537.25. The trade was a 18.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.30% of the company’s stock.

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.