News articles about Adient (NYSE:ADNT) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Adient earned a daily sentiment score of 0.02 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.5001888109163 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Johnson Controls considers sale of automotive battery division (mibiz.com)
- Adient (ADNT) PT Set at $60.00 by Susquehanna Bancshares (americanbankingnews.com)
- Stock’s Earnings Per Share (EPS) – Brief Analysis – Adient plc (NYSE: ADNT) – Stocks Market Cap (stocksmarketcap.com)
- Johnson Controls considering selling Power Solutions business – BizTimes.com (Milwaukee) (biztimes.com)
A number of research analysts have recently commented on ADNT shares. Morgan Stanley raised their price target on Adient from $85.00 to $99.00 and gave the company an “overweight” rating in a report on Tuesday, December 5th. Longbow Research started coverage on Adient in a report on Friday, January 5th. They set a “neutral” rating on the stock. Guggenheim reissued a “hold” rating and set a $90.00 price target on shares of Adient in a report on Wednesday, January 10th. Robert W. Baird lowered Adient from an “outperform” rating to a “neutral” rating and set a $89.00 target price on the stock. in a report on Wednesday, January 17th. Finally, Zacks Investment Research lowered Adient from a “hold” rating to a “sell” rating in a report on Friday, January 19th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $71.08.
Adient (NYSE:ADNT) last released 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 firm had revenue of $4.20 billion for the quarter, compared to analyst estimates of $4.26 billion. Adient had a return on equity of 18.72% and a net margin of 3.19%. Adient’s revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $2.12 earnings per share. equities analysts anticipate that Adient will post 7.51 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 15th. Investors of record on Wednesday, April 18th will be issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date is Tuesday, April 17th. Adient’s payout ratio is currently 19.78%.
In related news, Director Frederick A. Henderson purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, March 2nd. The stock was acquired at an average price of $60.50 per share, for a total transaction of $60,500.00. Following the transaction, the director now directly owns 6,715 shares of the company’s stock, valued at approximately $406,257.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 bought at an average price of $61.78 per share, with a total value of $247,120.00. Following the transaction, the director now directly owns 5,715 shares in the company, valued at $353,072.70. The disclosure for this purchase can be found here. Company insiders own 0.14% of the company’s stock.
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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