In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Adient plc (NYSE: ADNT) closed at $23.96 in the last session, down -0.87% from day before closing price of $24.17. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 1.01 million shares were traded. ADNT stock price reached its highest trading level at $24.75 during the session, while it also had its lowest trading level at $23.95.
Ratios:
We take a closer look at ADNT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.06. 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.
On April 10, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $41 to $37.
On September 13, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $43.UBS initiated its Neutral rating on September 13, 2023, with a $43 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 15 ’24 when Smith Gregory Scott sold 1,000 shares for $29.47 per share. The transaction valued at 29,470 led to the insider holds 15,399 shares of the business.
Carlin Peter sold 4,207 shares of ADNT for $121,582 on May 09 ’24. The Director now owns 28,352 shares after completing the transaction at $28.90 per share. On Feb 20 ’24, another insider, Berthelin Michel Pierre Rose, who serves as the EVP, EMEA of the company, sold 1,300 shares for $34.22 each. As a result, the insider received 44,486 and left with 92,662 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 2152173312 and an Enterprise Value of 4420174336. As of this moment, Adient’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.67, and their Forward P/E ratio for the next fiscal year is 7.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 0.291 whereas that against EBITDA is 5.638.
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 $24.16. The 50-Day Moving Average of the stock is -12.86%, while the 200-Day Moving Average is calculated to be -25.78%.
Shares Statistics:
According to the various share statistics, ADNT traded on average about 1.07M shares per day over the past 3-months and 953000 shares per day over the past 10 days. A total of 93.70M shares are outstanding, with a floating share count of 88.25M. Insiders hold about 1.75% of the company’s shares, while institutions hold 95.45% stake in the company. Shares short for ADNT as of 1718323200 were 4843963 with a Short Ratio of 4.52, compared to 1715731200 on 4908278. Therefore, it implies a Short% of Shares Outstanding of 4843963 and a Short% of Float of 7.66.
