News articles about Adient (NYSE:ADNT) have been trending somewhat positive recently, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Adient earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.3076211052677 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
Several equities analysts have commented on the stock. Royal Bank of Canada dropped their price target on shares of Adient to $70.00 and set a “sector perform” rating on the stock in a research note on Tuesday, January 30th. ValuEngine lowered shares of Adient from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Robert W. Baird lowered shares of Adient from an “outperform” rating to a “neutral” rating and set a $89.00 price target on the stock. in a research note on Wednesday, January 17th. Barclays reiterated a “hold” rating and issued a $71.00 price target on shares of Adient in a research note on Sunday, January 21st. Finally, Susquehanna Bancshares set a $60.00 price target on shares of Adient and gave the company a “hold” rating in a research note on Wednesday, March 14th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $71.75.
Shares of ADNT traded up $0.75 during mid-day trading on Monday, reaching $66.01. 592,716 shares of the company’s stock were exchanged, compared to its average volume of 1,145,747. The company has a current ratio of 1.02, a quick ratio of 0.83 and a debt-to-equity ratio of 0.78. The firm has a market cap of $6,092.15, a PE ratio of 7.06, a price-to-earnings-growth ratio of 0.72 and a beta of -0.37. Adient has a 52-week low of $57.40 and a 52-week high of $86.42.
Adient (NYSE:ADNT) last announced its earnings results on Monday, January 29th. The company reported $1.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.79). The business had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $4.26 billion. Adient had a return on equity of 18.72% and a net margin of 3.19%. The business’s revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the business posted $2.12 earnings per share. equities research analysts forecast that Adient will post 7.53 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 15th. Stockholders of record on Wednesday, April 18th will be given a dividend of $0.275 per share. The ex-dividend date of this dividend is Tuesday, April 17th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.67%. Adient’s dividend payout ratio (DPR) is presently 11.76%.
In related news, Director Frederick A. Henderson purchased 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The stock was purchased at an average cost of $61.78 per share, with a total value of $247,120.00. Following the completion of the acquisition, the director now directly owns 5,715 shares in the company, valued at $353,072.70. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Frederick A. Henderson purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, March 2nd. The shares were bought at an average cost of $60.50 per share, with a total value of $60,500.00. Following the completion of the acquisition, the director now owns 6,715 shares of the company’s stock, valued at $406,257.50. The disclosure for this purchase can be found here. Company insiders own 0.70% of the company’s stock.
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Adient Company Profile
Adient plc designs, manufactures, and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks. The company operates through two segments, Seating and Interiors. The Seating segment produces automotive seat metal structures and mechanisms, foams, trims, fabrics, and seat systems.
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