Market Momentum Report: Adient plc (ADNT)’s Negative Close at 24.67

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The price of Adient plc (NYSE: ADNT) closed at $24.67 in the last session, down -0.16% from day before closing price of $24.71. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 1.25 million shares were traded. ADNT stock price reached its highest trading level at $25.4 during the session, while it also had its lowest trading level at $24.43.

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 2.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.24. 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 2215948288 and an Enterprise Value of 4483949056. As of this moment, Adient’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.10, and their Forward P/E ratio for the next fiscal year is 7.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 0.295 whereas that against EBITDA is 5.719.

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 $24.22. The 50-Day Moving Average of the stock is -11.34%, while the 200-Day Moving Average is calculated to be -24.21%.

Shares Statistics:

According to the various share statistics, ADNT traded on average about 1.07M shares per day over the past 3-months and 1047160 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 95.42% stake in the company. Shares short for ADNT as of 1718323200 were 4843963 with a Short Ratio of 4.51, compared to 1715731200 on 4908278. Therefore, it implies a Short% of Shares Outstanding of 4843963 and a Short% of Float of 7.66.

Earnings Estimates

Investors are keenly observing as 9.0 analysts analyze and rate the current performance of Adient plc (ADNT) in the stock market.On average, analysts expect EPS of $0.7 for the current quarter, with a high estimate of $0.86 and a low estimate of $0.58, while EPS last year was $0.98. The consensus estimate for the next quarter is $0.68, with high estimates of $0.91 and low estimates of $0.52.

Analysts are recommending an EPS of between $2.6 and $1.95 for the fiscal current year, implying an average EPS of $2.23. EPS for the following year is $3.56, with 10.0 analysts recommending between $4.27 and $2.71.

Revenue Estimates

For the next quarter, 8 analysts are estimating revenue of $3.64B. There is a high estimate of $3.7B for the next quarter, whereas the lowest estimate is $3.56B.

A total of 11 analysts have provided revenue estimates for ADNT’s current fiscal year. The highest revenue estimate was $15.02B, while the lowest revenue estimate was $14.79B, resulting in an average revenue estimate of $14.88B. In the same quarter a year ago, actual revenue was $15.39BBased on 11 analysts’ estimates, the company’s revenue will be $15.32B in the next fiscal year. The high estimate is $15.81B and the low estimate is $14.85B.

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