Adient (NYSE:ADNT) Posts Earnings Results, Beats Expectations By $0.12 EPS

Adient (NYSE:ADNT) posted its quarterly earnings data on Friday. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.56 by $0.12, Briefing.com reports. The business had revenue of $3.56 billion for the quarter, compared to analysts’ expectations of $3.47 billion. Adient had a net margin of 0.50% and a return on equity of 6.34%. The firm’s revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.51 EPS. Adient updated its FY 2025 guidance to EPS.

Adient Stock Performance

Shares of ADNT stock opened at $20.32 on Friday. The stock has a market cap of $1.77 billion, a P/E ratio of 27.46, a P/E/G ratio of 0.39 and a beta of 2.18. The company has a fifty day moving average price of $21.46 and a two-hundred day moving average price of $24.16. Adient has a one year low of $19.30 and a one year high of $37.19. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.08 and a quick ratio of 0.87.

Analysts Set New Price Targets

A number of brokerages have recently commented on ADNT. Bank of America cut their price target on Adient from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Monday, October 14th. UBS Group reduced their price target on Adient from $27.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. Wells Fargo & Company lowered their price objective on shares of Adient from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Friday, September 20th. Barclays cut their price objective on shares of Adient from $29.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 8th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Adient from $31.00 to $27.00 and set a “neutral” rating for the company in a research report on Thursday, August 8th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $25.38.

Adient Company Profile

Adient plc engages in the design, development, manufacture, and market of seating systems and components for passenger cars, commercial vehicles, and light trucks. The company's automotive seating solutions include complete seating systems, frames, mechanisms, foams, head restraints, armrests, and trim covers.