Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Adient plc (NYSE: ADNT) closed the day trading at $27.41 down -9.30% from the previous closing price of $30.22. In other words, the price has decreased by -$9.30 from its previous closing price. On the day, 2.26 million shares were traded. ADNT stock price reached its highest trading level at $30.89 during the session, while it also had its lowest trading level at $26.97.
Ratios:
For a better understanding of ADNT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.05. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 1.34 whereas as Long-Term Debt/Eq ratio is at 1.24.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2501050112 and an Enterprise Value of 4476418048. As of this moment, Adient’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.78, and their Forward P/E ratio for the next fiscal year is 6.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 1.19. Its current Enterprise Value per Revenue stands at 0.295 whereas that against EBITDA is 5.652.
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 $27.73. The 50-Day Moving Average of the stock is -14.30%, while the 200-Day Moving Average is calculated to be -21.97%.
Shares Statistics:
Over the past 3-months, ADNT traded about 1.15M shares per day on average, while over the past 10 days, ADNT traded about 1029530 shares per day. 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 93.32% stake in the company. Shares short for ADNT as of 1713139200 were 5644520 with a Short Ratio of 4.93, compared to 1710460800 on 5390755. Therefore, it implies a Short% of Shares Outstanding of 5644520 and a Short% of Float of 8.7299995.
