The closing price of Adient plc (NYSE: ADNT) was $30.24 for the day, down -4.85% from the previous closing price of $31.78. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 1990065 shares were traded.
Ratios:
Our analysis of ADNT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.49. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.12.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on April 10, 2024, Downgraded its rating to Equal Weight and sets its target price to $37 from $41 previously.
On September 13, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $43.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 20 ’24 when Berthelin Michel Pierre Rose sold 1,300 shares for $34.22 per share. The transaction valued at 44,486 led to the insider holds 92,662 shares of the business.
Tiltmann Heather M sold 10,000 shares of ADNT for $336,800 on Feb 14 ’24. The EVP, CLO, CHRO & Secretary now owns 55,669 shares after completing the transaction at $33.68 per share. On Feb 12 ’24, another insider, Conklin James, who serves as the EVP, Americas of the company, sold 3,492 shares for $35.00 each. As a result, the insider received 122,220 and left with 31,542 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADNT now has a Market Capitalization of 2.76B and an Enterprise Value of 4.32B. As of this moment, Adient’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.44, and their Forward P/E ratio for the next fiscal year is 7.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 0.28 whereas that against EBITDA is 5.15.
Stock Price History:
Over the past 52 weeks, ADNT has reached a high of $46.51, while it has fallen to a 52-week low of $30.10. The 50-Day Moving Average of the stock is 33.60, while the 200-Day Moving Average is calculated to be 35.94.
Shares Statistics:
ADNT traded an average of 1.04M shares per day over the past three months and 1.29M shares per day over the past ten days. A total of 93.70M shares are outstanding, with a floating share count of 89.67M. Insiders hold about 1.73% of the company’s shares, while institutions hold 93.06% stake in the company. Shares short for ADNT as of Mar 15, 2024 were 5.39M with a Short Ratio of 5.05, compared to 4.38M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.91% and a Short% of Float of 8.34%.
Earnings Estimates
The firm’s stock currently is rated by 10 analysts. On average, analysts expect EPS of $0.42 for the current quarter, with a high estimate of $0.71 and a low estimate of $0.12, while EPS last year was $0.32. The consensus estimate for the next quarter is $0.99, with high estimates of $1.13 and low estimates of $0.78.
Analysts are recommending an EPS of between $3.4 and $1.93 for the fiscal current year, implying an average EPS of $2.64. EPS for the following year is $4.04, with 11 analysts recommending between $5.21 and $3.09.
Revenue Estimates
A total of 11 analysts have provided revenue estimates for ADNT’s current fiscal year. The highest revenue estimate was $15.65B, while the lowest revenue estimate was $15.4B, resulting in an average revenue estimate of $15.47B. In the same quarter a year ago, actual revenue was $15.39B, up 0.50% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $15.98B in the next fiscal year. The high estimate is $16.5B and the low estimate is $15.52B. The average revenue growth estimate for next year is up 3.30% from the average revenue estimate for this year.
