Somewhat Positive News Coverage Somewhat Unlikely to Impact Adient (ADNT) Stock Price

Press coverage about Adient (NYSE:ADNT) has trended somewhat positive on Monday, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Adient earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.2119293074255 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

Adient (ADNT) traded down $0.30 during trading on Monday, hitting $78.10. 650,689 shares of the stock traded hands, compared to its average volume of 849,539. Adient has a 52 week low of $51.74 and a 52 week high of $86.42. The firm has a market capitalization of $7,299.04 and a price-to-earnings ratio of 8.27. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 0.75.

Adient (NYSE:ADNT) last released its quarterly earnings data on Thursday, November 2nd. The company reported $2.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.13. Adient had a net margin of 5.47% and a return on equity of 22.48%. The company had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.85 billion. During the same quarter in the prior year, the business earned $2.15 earnings per share. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. sell-side analysts forecast that Adient will post 10.02 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, January 18th will be given a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Wednesday, January 17th. Adient’s payout ratio is currently 11.62%.

ADNT has been the topic of several recent analyst reports. Royal Bank Of Canada reissued a “buy” rating and set a $82.00 price objective on shares of Adient in a research note on Monday, September 25th. Zacks Investment Research raised shares of Adient from a “hold” rating to a “buy” rating and set a $94.00 price target for the company in a research report on Monday, October 2nd. ValuEngine raised shares of Adient from a “buy” rating to a “strong-buy” rating in a research report on Monday, October 16th. Robert W. Baird reaffirmed a “buy” rating on shares of Adient in a research report on Tuesday, October 17th. Finally, UBS upped their price target on shares of Adient from $94.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, October 19th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $78.89.

In related news, VP Cathleen A. Ebacher sold 9,184 shares of the firm’s stock in a transaction on 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 sale, the vice president now directly owns 38,187 shares of the company’s stock, valued at approximately $2,993,860.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman R Bruce Mcdonald sold 67,757 shares of the firm’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $78.49, for a total transaction of $5,318,246.93. The disclosure for this sale can be found here. 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.

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