At the time of writing, Adient plc [ADNT] stock is trading at $22.67, up 0.35%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ADNT shares have gain 10.48% over the last week, with a monthly amount glided 4.81%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On July 01, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $26 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $37 on April 10, 2024. UBS initiated its recommendation with a Neutral and recommended $43 as its price target on September 13, 2023. Exane BNP Paribas downgraded its rating to Underperform for this stock on June 01, 2023. In a note dated February 15, 2023, Barclays initiated an Overweight rating and provided a target price of $57 on this stock.
For the past year, the stock price of Adient plc fluctuated between $19.40 and $38.63. Currently, Wall Street analysts expect the stock to reach $30.25 within the next 12 months. Adient plc [NYSE: ADNT] shares were valued at $22.67 at the most recent close of the market. An investor can expect a potential return of 33.44% based on the average ADNT price forecast.
Analyzing the ADNT fundamentals
According to Adient plc [NYSE:ADNT], the company’s sales were 14.86B for trailing twelve months, which represents an -8.36% plunge. Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.36.
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 22.01 points at the first support level, and at 21.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.18, and for the 2nd resistance point, it is at 23.69.
Ratios To Look Out For
It is important to note that Adient plc [NYSE:ADNT] has a current ratio of 1.08. Also, the Quick Ratio is 0.87, while the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 0.13, the price to book ratio is 1.03 and price to earnings (TTM) ratio is 30.63.
Transactions by insiders
Recent insider trading involved Smith Gregory Scott, SVP & Chief Accounting Officer, that happened on May 15 ’24 when 1000.0 shares were sold. Director, Carlin Peter completed a deal on May 09 ’24 to sell 4207.0 shares. Meanwhile, EVP, EMEA Berthelin Michel Pierre Rose sold 1300.0 shares on Feb 20 ’24.
