Press coverage about Adient PLC (NASDAQ:ADNT) has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Adient PLC earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.5014069473198 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- ADIENT PLC (NYSE:ADNT) Files An 8-K Submission of Matters to a Vote of Security Holders (4-traders.com)
- Adient PLC (ADNT) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
- ETFs with exposure to Adient plc : July 14, 2017 (finance.yahoo.com)
- Adient PLC (ADNT) to Issue $0.28 Quarterly Dividend (americanbankingnews.com)
- Marathon Oil Corporation (MRO) is at $11.43 per share and Adient plc (ADNT) is listed at $68.69 – Stocks Gallery (stocksgallery.com)
Shares of Adient PLC (NASDAQ:ADNT) opened at 69.91 on Tuesday. The firm’s market cap is $6.55 billion. The stock has a 50 day moving average price of $67.11 and a 200 day moving average price of $65.84. Adient PLC has a 52 week low of $39.66 and a 52 week high of $76.09.
Adient PLC (NASDAQ:ADNT) last released its earnings results on Friday, April 28th. The company reported $2.50 earnings per share for the quarter, beating analysts’ consensus estimates of $2.44 by $0.06. Adient PLC had a return on equity of 22.35% and a net margin of 5.13%. The company had revenue of $4.21 billion during the quarter, compared to analyst estimates of $4.29 billion. The company’s revenue for the quarter was down 2.0% on a year-over-year basis. Equities analysts expect that Adient PLC will post $9.38 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 17th. Shareholders of record on Wednesday, July 26th will be given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date is Monday, July 24th.
Several research firms have commented on ADNT. Zacks Investment Research upgraded Adient PLC from a “hold” rating to a “buy” rating and set a $81.00 target price for the company in a research report on Tuesday, March 21st. Royal Bank Of Canada reiterated a “buy” rating and issued a $84.00 target price on shares of Adient PLC in a research report on Monday, April 10th. Barclays PLC reiterated a “hold” rating and issued a $66.00 target price (up from $64.00) on shares of Adient PLC in a research report on Friday, April 21st. Finally, Morgan Stanley dropped their target price on Adient PLC from $95.00 to $85.00 and set an “overweight” rating for the company in a research report on Friday, June 9th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $62.87.
About Adient PLC
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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