Deutsche Bank has recently resumed Adient PLC (ADNT) stock to Hold rating, as announced on September 10, 2024, according to Finviz. Earlier, on September 5, 2024, Wolfe Research had resumed the stock to Peer Perform. Exane BNP Paribas also raised Neutral rating with a price target of $26. Additionally, Barclays reduced Equal Weight rating on April 10, 2024, with a target price of $37. UBS analysts, in their report published on September 13, 2023, also initiated Neutral rating and set a price target of $43 for Adient PLC’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Adient PLC (ADNT) Stock Trading Recap
On Friday, Adient PLC (ADNT) stock saw a modest uptick, ending the day at $20.52 which represents a slight increase of $0.62 or 3.12% from the prior close of $19.9. The stock opened at $20.27 and touched a low of $20.24 during the day, reaching a high of $20.76. The volume of shares traded was 1.01 million falling short of the average volume of 1.29 million.
ADNT Stock Performance and Moving Averages
In recent trading, Adient PLC (ADNT) stock price has shown some volatility, fluctuating -2.84% over the last five trades and -3.71% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -36.90%, and it has plunged by -22.62% in the previous three months. Currently, ADNT is trading at -5.43%, -10.71%, and -30.33% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, ADNT, a Consumer Cyclical sector stock, is trading -48.03% below its 52-week high but remains 5.77% above its 52-week low. The Average True Range (ATR) (14 days) of 0.82 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Adient PLC’s Profitability and Valuation Ratios
Adient PLC’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 2.38% and a profit margin of 0.50%, with a gross margin of -36.90%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Adient PLC’s market capitalization stands at $1.79 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 27.73, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 7.25. Additionally, the Price-to-Sales Ratio is 0.12, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.93, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 1.83% of Adient PLC (ADNT)’s shares, while financial institutions hold 99.48%.
Notable insider trades include Carlin Peter, Director at Adient PLC (ADNT), who sold 4207 shares on May 09 ’24, at $28.9 each, totaling $0.12 million. On Feb 14 ’24, Tiltmann Heather M, EVP, CLO, CHRO & Secretary, sold 10000 shares for $33.68 each, amounting to $0.34 million. Additionally, on Feb 12 ’24, Conklin James sold 3492 shares at $35 each, generating $0.12 million.
