Adient (ADNT) Given News Impact Score of 0.03

Media headlines about Adient (NYSE:ADNT) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Adient earned a coverage optimism score of 0.03 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.5994164856115 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of Adient (NYSE ADNT) traded down $1.55 during trading on Friday, reaching $61.89. 686,367 shares of the company were exchanged, compared to its average volume of 1,760,000. The company has a current ratio of 1.02, a quick ratio of 0.83 and a debt-to-equity ratio of 0.78. Adient has a 12-month low of $59.10 and a 12-month high of $86.42. The stock has a market cap of $5,760.00 and a PE ratio of 11.38.

Adient (NYSE:ADNT) last announced its quarterly earnings results on Monday, January 29th. The company reported $1.06 earnings per share for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.79). Adient had a return on equity of 18.72% and a net margin of 3.19%. The business had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $4.26 billion. During the same period last year, the company posted $2.12 earnings per share. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. analysts predict that Adient will post 7.51 earnings per share for the current year.

A number of analysts have recently commented on the company. Zacks Investment Research downgraded Adient from a “buy” rating to a “hold” rating in a report on Monday, November 6th. Royal Bank of Canada dropped their price objective on Adient to $70.00 and set a “sector perform” rating for the company in a report on Tuesday, January 30th. Morgan Stanley upped their price objective on Adient from $85.00 to $99.00 and gave the stock an “overweight” rating in a report on Tuesday, December 5th. Barclays upped their price objective on Adient to $85.00 and gave the stock an “equal weight” rating in a report on Friday, October 20th. Finally, UBS Group dropped their price objective on Adient from $98.00 to $95.00 and set a “buy” rating for the company in a report on Friday, November 3rd. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $72.09.

In other Adient news, VP Cathleen A. Ebacher sold 2,584 shares of the company’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $79.13, for a total value of $204,471.92. Following the completion of the transaction, the vice president now directly owns 36,454 shares of the company’s stock, valued at approximately $2,884,605.02. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Cathleen A. Ebacher sold 9,184 shares of the company’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $78.40, for a total transaction of $720,025.60. Following the completion of the transaction, the vice president now directly owns 38,187 shares of the company’s stock, valued at $2,993,860.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 79,525 shares of company stock valued at $6,242,744. 0.14% of the stock is owned by corporate insiders.

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Adient Company Profile

Adient plc, formerly Adient Limited, is an automotive seating supplier. The Company designs, manufactures and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks, including vans, pick-up trucks, and sport/crossover utility vehicles. The Company operates through two segments: Seating and Interiors.

Insider Buying and Selling by Quarter for Adient (NYSE:ADNT)

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