Adient (ADNT) Projected to Post Quarterly Earnings on Tuesday

Adient (NYSE:ADNT) is expected 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.Investors that are interested in participating in the company’s conference call can do so using this link.

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

Adient Trading Up 1.2 %

NYSE:ADNT opened at $17.09 on Monday. Adient has a one year low of $16.28 and a one year high of $36.04. The business has a fifty day moving average price of $18.10 and a 200-day moving average price of $20.71. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 74.29, a price-to-earnings-growth 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.

Insider Transactions at Adient

In other news, EVP James Conklin sold 11,500 shares of the firm’s 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 transaction, the executive vice president now directly 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on ADNT. Morgan Stanley reduced their price target 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 downgraded shares of Adient from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $27.00 to $20.00 in a report on Monday, December 16th. StockNews.com downgraded shares of Adient from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Bank of America cut Adient from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $30.00 to $24.00 in a research note on Thursday, November 21st. Finally, Barclays decreased their price objective on 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 given a hold rating to the stock. According to data from MarketBeat, Adient currently has a consensus rating of “Hold” and an average price target of $23.13.

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.