Adient plc (NYSE: ADNT) is -13.41% lower on its value in year-to-date trading and has touched a low of $13.64 and a high of $35.94 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ADNT stock was last observed hovering at around $14.08 in the last trading session, with the day’s gains setting it 0.84%.
Currently trading at $14.92, the stock is -9.98% and -12.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 5.97% at the moment leaves the stock -29.99% off its SMA200. ADNT registered -55.38% loss for a year compared to 6-month loss of -34.04%.
The stock witnessed a -9.02% gain in the last 1 month and extending the period to 3 months gives it a -22.41%, and is -11.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.27% over the week and 4.46% over the month.
Adient plc (ADNT) has around 70000 employees, a market worth around $1.25B and $14.52B in sales. Current P/E ratio is 950.32 and Fwd P/E is 5.74. Profit margin for the company is -0.01%. Distance from 52-week low is 9.38% and -58.49% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.05%).
The EPS is expected to shrink by -6.41% this year
The shares outstanding are 83.93M, and float is at 81.99M with Short Float at 5.92%.
The top institutional shareholder in the company is FMR LLC with over 13.24 million shares valued at $327.17 million. The investor’s holdings represent 14.9441 of the ADNT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.32 million shares valued at $329.19 million to account for 14.7205 of the shares outstanding. The other top investors are ALLIANCEBERNSTEIN L.P. which holds 5.16 million shares representing 5.819 and valued at over $127.4 million, while DIMENSIONAL FUND ADVISORS LP holds 5.7315 of the shares totaling 5.08 million with a market value of $125.48 million.
Adient plc (ADNT) Insider Activity
A total of 0 insider transactions have happened at Adient plc (ADNT) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Conklin James, the company’s EVP, Americas. SEC filings show that Conklin James sold 11,500 shares of the company’s common stock on Dec 04 ’24 at a price of $20.25 per share for a total of $0.23 million. Following the sale, the insider now owns 51829.0 shares.
Still, SEC filings show that on May 15 ’24, Smith Gregory Scott (SVP & Chief Accounting Officer) disposed off 1,000 shares at an average price of $29.47 for $29470.0. The insider now directly holds 15,399 shares of Adient plc (ADNT).
Adient plc (ADNT): Who are the competitors?
One of the company’s main competitors (and peers) include Commercial Vehicle Group Inc. (CVGI) that is trading -68.34% down over the past 12 months.Lear Corp. (LEA) lies in the list of competitors of the Adient plc and is -32.72% lower over the same period from ADNTJohnson Controls International PLC (JCI) is 35.88% up on the 1-year trading charts.
