At the time of writing, Adient plc [ADNT] stock is trading at $29.69, up 2.59%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ADNT shares have gain 5.62% over the last week, with a monthly amount drifted -10.57%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Adient plc [NYSE: ADNT] stock has seen the most recent analyst activity on April 10, 2024, when Barclays downgraded its rating to a Equal Weight and also revised its price target to $37 from $41. Previously, UBS started tracking the stock with Neutral rating on September 13, 2023, and set its price target to $43. On June 01, 2023, downgrade downgraded it’s rating to Underperform. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $57 on February 15, 2023. Wolfe Research downgraded its rating to a Peer Perform. BofA Securities upgraded its rating to Buy for this stock on January 09, 2023, and upped its price target to $52. In a note dated November 08, 2022, Deutsche Bank downgraded an Hold rating on this stock but restated the target price of $39.
For the past year, the stock price of Adient plc fluctuated between $27.73 and $46.51. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. Adient plc [NYSE: ADNT] shares were valued at $29.69 at the most recent close of the market. An investor can expect a potential return of 7.78% based on the average ADNT price forecast.
Analyzing the ADNT fundamentals
According to Adient plc [NYSE:ADNT], the company’s sales were 15.36B for trailing twelve months, which represents an -1.05% plunge. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.11 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 29.00 points at the first support level, and at 28.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.10, and for the 2nd resistance point, it is at 30.50.
Ratios To Look Out For
It is important to note that Adient plc [NYSE:ADNT] has a current ratio of 1.15. As well, the Quick Ratio is 0.91, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 0.18, the price to book ratio is 1.19 and price to earnings (TTM) ratio is 13.20.
Transactions by insiders
Recent insider trading involved Berthelin Michel Pierre Rose, EVP, EMEA, that happened on Feb 20 ’24 when 1300.0 shares were sold. EVP, CLO, CHRO & Secretary, Tiltmann Heather M completed a deal on Feb 14 ’24 to sell 10000.0 shares. Meanwhile, EVP, Americas Conklin James sold 3492.0 shares on Feb 12 ’24.
