Investment Analysts’ Recent Ratings Changes for Adient (ADNT)

Several analysts have recently updated their ratings and price targets for Adient (NYSE: ADNT):

  • 2/2/2018 – Adient was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 2/1/2018 – Adient had its price target lowered by analysts at Morgan Stanley from $89.00 to $75.00. They now have an “overweight” rating on the stock.
  • 1/31/2018 – Adient had its price target lowered by analysts at Buckingham Research from $74.00 to $67.00. They now have a “neutral” rating on the stock.
  • 1/30/2018 – Adient had its price target lowered by analysts at Barclays PLC from $71.00 to $69.00. They now have an “equal weight” rating on the stock.
  • 1/30/2018 – Adient was given a new $64.00 price target on by analysts at Guggenheim. They now have a “hold” rating on the stock.
  • 1/30/2018 – Adient had its price target lowered by analysts at Robert W. Baird from $81.00 to $73.00. They now have a “neutral” rating on the stock.
  • 1/30/2018 – Adient had its price target lowered by analysts at Royal Bank of Canada to $70.00. They now have a “sector perform” rating on the stock.
  • 1/25/2018 – Adient had its price target lowered by analysts at UBS Group AG from $96.00 to $92.00. They now have a “buy” rating on the stock.
  • 1/25/2018 – Adient had its price target lowered by analysts at Wells Fargo & Co from $85.00 to $75.00. They now have an “outperform” rating on the stock.
  • 1/22/2018 – Adient was downgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating. They now have a $74.00 price target on the stock, down previously from $86.00.
  • 1/22/2018 – Adient was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating. They now have a $79.00 price target on the stock, down previously from $98.00.
  • 1/21/2018 – Adient had its “hold” rating reaffirmed by analysts at Barclays PLC. They now have a $71.00 price target on the stock.
  • 1/19/2018 – Adient was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Adient plc is an automotive seating supplier. The company produces and delivers automotive seating for vehicle classes and OEMs. It operates primarily in the Americas, Europe, Africa, the Asia Pacific and China. Adient plc is based in Dublin, Ireland. “
  • 1/17/2018 – Adient was downgraded by analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating. They now have a $89.00 price target on the stock.
  • 1/10/2018 – Adient had its “hold” rating reaffirmed by analysts at Guggenheim. They now have a $90.00 price target on the stock.
  • 1/5/2018 – Adient is now covered by analysts at Longbow Research. They set a “neutral” rating on the stock.

Shares of Adient PLC (NYSE ADNT) opened at $63.91 on Tuesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.83 and a current ratio of 1.02. The company has a market capitalization of $5,950.00 and a P/E ratio of 11.75. Adient PLC has a one year low of $59.10 and a one year high of $86.42.

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

In other Adient news, Director Frederick A. Henderson bought 4,000 shares of the business’s stock in a transaction dated Thursday, February 8th. The stock was acquired at an average cost of $61.78 per share, with a total value of $247,120.00. Following the purchase, the director now owns 5,715 shares in the company, valued at approximately $353,072.70. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman R Bruce Mcdonald sold 67,757 shares of the stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $78.49, for a total value of $5,318,246.93. 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. 0.70% of the stock is owned by company insiders.

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.

Receive News & Ratings for Adient PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adient PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply