Adient (ADNT) Downgraded by Zacks Investment Research to Strong Sell

Adient stock has undergone multiple analysts rating changes in the recent past.  Adient Downgraded by Zacks Investment Research on 10-11-21. In a note to investors, the firm issued a new rating of Strong Sell. The analysts previously had rating of Hold.

Shares of Adient traded down -$0.12 on Monday, reaching $44.20. 771861 shares of the stock traded hands, compared to its average volume of 850769. Shares of Adient were trading at $44.20 on Monday. The firm’s 50 day moving average is $39.73 and its 200 day moving average is $41.36.Adient has a 12 month low of $43.46 and a 12 month high of $53.17. While on yearly highs and lows, Adient’s today has traded high as $45.12 and has touched $43.46 on the downward trend. See More Analyst Rating at: RATING

Adient Earnings and What to expect: 

Adient last released its earnings data on August 4th, 2021. The reported ($0.53) EPS for the quarter, missing analysts’ consensus estimates of $0.15 by $0.68. The business had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.34 billion. Its revenue was up 99.4% on a year-over-year basis. Adient has generated ($0.04) earnings per share over the last year ($1.17 diluted earnings per share) and currently has a price-to-earnings ratio of 37.8. Earnings for Adient are expected to grow by 169.55% in the coming year, from $2.20 to $5.93 per share. Adient has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 29th, 2021 based off prior year’s report dates.

Earnings for Adient are expected to grow by 169.55% in the coming year, from $2.20 to $5.93 per share. The P/E ratio of Adient is 37.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.67. The P/E ratio of Adient is 37.78, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 19.46. Adient has a PEG Ratio of 0.18. PEG Ratios below 1 indicate that a company could be undervalued. Adient has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Adient (ADNT) Moving Average Technical Analysis

5 day Moving Average is $42.79 And 5 day price change is $2.20 (5.24%)  with average volume for 5 day average is 716,400. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $40.50 and 20 day price change is $6.00 (15.71%) and average 20 day moving volume is 867,145. 50 day moving average is $39.73  and 50 day price change is $2.07 ( 4.91%)  and with average volume for 50 days is : 913,448. 200 day moving average is $41.36  and 200 day price change is $9.20 (26.29%)  and with average volume for 200 days is : 862,435.

Other owners latest trading in Adient :

  • On 9/24/2021 shares held by Thrivent Financial for Lutherans were 78,584 which equates to market value of $3.55M and appx 0.00% owners of Adient
  • On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 513,687 which equates to market value of $23.22M and appx 0.00% owners of Adient
  • On 8/26/2021 shares held by Comerica Bank were 53,133 which equates to market value of $2.02M and appx 0.00% owners of Adient
  • In total Institutional ownership equates to Institutional Ownership Percentage: 90.25% for Adient

See More Analyst Rating at: RATING