Adient (ADNT) Expected to Announce Earnings on Tuesday

Adient (NYSE:ADNT) will likely be issuing 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.Investors that are interested in registering for the company’s conference call can do so using this link.

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

Adient Trading Down 0.0 %

Shares of ADNT opened at $17.13 on Tuesday. 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 1-year low of $16.28 and a 1-year high of $36.04. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 74.46, a price-to-earnings-growth ratio of 0.28 and a beta of 2.16. The firm has a 50 day simple moving average of $18.38 and a 200-day simple moving average of $20.90.

Insider Transactions at Adient

In other news, EVP James Conklin sold 11,500 shares of the business’s stock in a transaction 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 of the company’s stock, valued at $1,049,537.25. The trade was a 18.16 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

ADNT has been the topic of several recent research reports. StockNews.com upgraded Adient from a “hold” rating to a “buy” rating in a research report on Saturday, December 28th. Morgan Stanley reduced their target price on shares of Adient from $21.00 to $19.00 and set an “underweight” rating on the stock in a report on Thursday, November 14th. Bank of America cut 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 note on Thursday, November 21st. Finally, Wells Fargo & Company lowered shares of Adient from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $27.00 to $20.00 in a research report on Monday, December 16th. One analyst has rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $23.50.

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.