Shares of Adient PLC (NYSE:ADNT) have earned an average recommendation of “Hold” from the thirteen research firms that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $69.90.
ADNT has been the subject of several analyst reports. UBS Group increased their target price on shares of Adient from $94.00 to $98.00 and gave the company a “buy” rating in a report on Thursday, October 19th. Royal Bank of Canada reiterated a “buy” rating and issued a $96.00 target price on shares of Adient in a report on Wednesday, October 18th. Robert W. Baird reiterated a “buy” rating on shares of Adient in a report on Tuesday, October 17th. ValuEngine downgraded shares of Adient from a “strong-buy” rating to a “buy” rating in a report on Friday. Finally, Barclays increased their target price on shares of Adient to $85.00 and gave the company an “equal weight” rating in a report on Friday, October 20th.
Adient (NYSE ADNT) traded down $1.27 on Friday, reaching $63.33. 1,517,783 shares of the company’s stock traded hands, compared to its average volume of 1,833,606. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.83 and a current ratio of 1.02. Adient has a 1 year low of $59.10 and a 1 year high of $86.42. The firm has a market capitalization of $6,030.54, a P/E ratio of 11.58, a price-to-earnings-growth ratio of 0.81 and a beta of -2.76.
Adient (NYSE:ADNT) last released its quarterly earnings data on Monday, January 29th. The company reported $1.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.85 by ($0.79). Adient had a return on equity of 18.72% and a net margin of 3.19%. The business had revenue of $4.20 billion for the quarter, compared to analyst estimates of $4.26 billion. During the same quarter in the previous year, the company posted $2.12 EPS. The business’s quarterly revenue was up 4.4% on a year-over-year basis. analysts forecast that Adient will post 7.51 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, January 18th will be issued a $0.275 dividend. The ex-dividend date is Wednesday, January 17th. This represents a $1.10 annualized dividend and a dividend yield of 1.74%. Adient’s dividend payout ratio is currently 19.78%.
In related news, VP Cathleen A. Ebacher sold 9,184 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $78.40, for a total transaction of $720,025.60. Following the completion of the sale, the vice president now owns 38,187 shares in the company, valued at $2,993,860.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman R Bruce Mcdonald sold 67,757 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $78.49, for a total transaction of $5,318,246.93. The disclosure for this sale can be found here. In the last quarter, insiders sold 79,525 shares of company stock valued at $6,242,744. 0.70% of the stock is currently owned by corporate insiders.
Adient plc, formerly Adient Limited, is an automotive seating supplier. The Company designs, manufactures and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks, including vans, pick-up trucks, and sport/crossover utility vehicles. The Company operates through two segments: Seating and Interiors.
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