Adient (NYSE:ADNT) Issues Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Adient (NYSE:ADNT) posted its quarterly earnings data on Tuesday. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05), Zacks reports. Adient had a return on equity of 6.86% and a net margin of 0.12%. During the same period in the prior year, the company posted $0.31 earnings per share. Adient updated its FY 2025 guidance to EPS.

Adient Price Performance

ADNT opened at $18.16 on Thursday. The company’s 50-day simple moving average is $18.01 and its two-hundred day simple moving average is $20.60. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.90 and a current ratio of 1.11. The stock has a market capitalization of $1.52 billion, a P/E ratio of 78.93, a P/E/G ratio of 0.28 and a beta of 2.16. Adient has a 52-week low of $16.28 and a 52-week high of $36.04.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on ADNT shares. Wells Fargo & Company cut shares of Adient from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $27.00 to $20.00 in a research report on Monday, December 16th. Barclays reduced their price objective on Adient from $24.00 to $21.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 22nd. StockNews.com downgraded Adient from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Morgan Stanley reduced their price target on Adient from $21.00 to $19.00 and set an “underweight” rating for the company in a report on Thursday, November 14th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Adient from $24.00 to $21.00 and set a “neutral” rating on the stock in a research note on Monday. One equities research analyst has rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $21.88.

Insider Transactions at Adient

In related news, EVP James Conklin sold 11,500 shares of the company’s stock in a transaction on Wednesday, December 4th. The stock was 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 owns 51,829 shares in the company, valued at approximately $1,049,537.25. This represents a 18.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.72% of the company’s stock.

About Adient

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.