Adient (ADNT) to Release Quarterly Earnings on Tuesday

Adient (NYSE:ADNTGet Free Report) is projected to issue its quarterly earnings data 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.Parties that are interested in registering for the company’s conference call can do so using this link.

Adient (NYSE:ADNTGet Free Report) last posted its earnings results on Friday, November 8th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.12. The business had revenue of $3.56 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the firm earned $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 Stock Performance

Adient stock opened at $17.09 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.90 and a current ratio of 1.11. Adient has a one year low of $16.28 and a one year high of $36.04. The stock’s 50 day moving average price is $18.10 and its 200 day moving average price is $20.73. The firm has a market capitalization of $1.43 billion, a PE ratio of 74.29, a price-to-earnings-growth ratio of 0.28 and a beta of 2.16.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Bank of America downgraded shares of 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 report on Thursday, November 21st. StockNews.com lowered shares of Adient from a “buy” rating to a “hold” rating in a report on Wednesday. Wells Fargo & Company lowered shares of Adient from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $27.00 to $20.00 in a research note on Monday, December 16th. Barclays decreased their price target on Adient from $24.00 to $21.00 and set an “equal weight” rating for the company in a research note on Wednesday. Finally, Morgan Stanley cut their price objective on Adient from $21.00 to $19.00 and set an “underweight” rating on the stock in a research note on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. According to data from MarketBeat, Adient presently has an average rating of “Hold” and a consensus target price of $23.13.

Read Our Latest Stock Report on ADNT

Insider Activity

In related 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 completion of the sale, the executive vice president now directly owns 51,829 shares in the company, 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 filing with the SEC, which is available at the SEC website. Insiders own 1.30% of the company’s stock.

About Adient

(Get Free Report)

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.

See Also

Earnings History for Adient (NYSE:ADNT)

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