Adient (ADNT) Projected to Post Quarterly Earnings on Tuesday

Adient (NYSE:ADNT) is anticipated to announce its earnings results before the market opens on Tuesday, January 28th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $3,440,809.69 billion for the quarter. Adient has set its FY 2025 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Adient (NYSE:ADNT) last released its quarterly earnings results on Friday, November 8th. The company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.12. The business had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.47 billion. Adient had a return on equity of 6.86% and a net margin of 0.12%. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same quarter last year, the business posted $0.51 earnings per share. On average, analysts expect Adient to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Adient Price Performance

Shares of Adient stock opened at $17.09 on Monday. The firm has a market capitalization of $1.45 billion, a PE ratio of 74.29, a price-to-earnings-growth ratio of 0.28 and a beta of 2.16. The company has a current ratio of 1.11, a quick ratio of 0.90 and a debt-to-equity ratio of 0.98. Adient has a 12 month low of $16.28 and a 12 month high of $36.04. The business’s 50-day moving average price is $18.10 and its 200-day moving average price is $20.71.

Analysts Set New Price Targets

ADNT has been the topic of a number of analyst reports. Bank of America cut Adient from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $30.00 to $24.00 in a research note on Thursday, November 21st. StockNews.com cut shares of Adient from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Morgan Stanley decreased their price objective on shares of Adient from $21.00 to $19.00 and set an “underweight” rating on the stock in a research report on Thursday, November 14th. Wells Fargo & Company cut Adient from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $27.00 to $20.00 in a research note on Monday, December 16th. Finally, Barclays reduced their price target on Adient from $24.00 to $21.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating and nine have given a hold rating to the company. According to data from MarketBeat, Adient currently has a consensus rating of “Hold” and a consensus price target of $23.13.

Insider Transactions at Adient

In other 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 transaction, the executive vice president now owns 51,829 shares of the company’s stock, valued at $1,049,537.25. The trade was a 18.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.30% of the company’s stock.

Adient Company Profile

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.