Adient (NYSE:ADNT) had its price target lowered by Barclays from $71.00 to $69.00 in a report published on Tuesday. The firm currently has an equal weight rating on the stock.

Several other research firms have also weighed in on ADNT. Guggenheim set a $64.00 price target on shares of Adient and gave the company a hold rating in a research report on Tuesday. Robert W. Baird reduced their price target on shares of Adient from $81.00 to $73.00 and set a neutral rating for the company in a research report on Tuesday. UBS Group reduced their price target on shares of Adient from $96.00 to $92.00 and set a buy rating for the company in a research report on Thursday, January 25th. JPMorgan Chase & Co. lowered shares of Adient from a neutral rating to an underweight rating and reduced their price target for the company from $86.00 to $74.00 in a research report on Monday, January 22nd. Finally, Zacks Investment Research upgraded shares of Adient from a hold rating to a buy rating and set a $94.00 price target for the company in a research report on Monday, October 2nd. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. Adient presently has a consensus rating of Hold and an average price target of $72.09.

Adient (ADNT) opened at $64.60 on Tuesday. The firm has a market cap of $6,020.00 and a PE ratio of 11.88. The company has a current ratio of 1.02, a quick ratio of 0.87 and a debt-to-equity ratio of 0.78. Adient has a 1 year low of $59.10 and a 1 year high of $86.42.

Adient (NYSE:ADNT) last posted its quarterly earnings results on Monday, January 29th. The company reported $1.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.85 by ($0.79). The company had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.26 billion. Adient had a net margin of 3.19% and a return on equity of 18.72%. Adient’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.12 EPS. equities analysts forecast that Adient will post 8.21 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, January 18th will be given a dividend of $0.275 per share. The ex-dividend date is Wednesday, January 17th. This represents a $1.10 dividend on an annualized basis and a yield of 1.70%. Adient’s dividend payout ratio is presently 20.22%.

In other news, VP Cathleen A. Ebacher sold 2,584 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $79.13, for a total value of $204,471.92. Following the completion of the transaction, the vice president now directly owns 36,454 shares in the company, valued at $2,884,605.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Cathleen A. Ebacher sold 9,184 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $78.40, for a total transaction of $720,025.60. Following the completion of the transaction, the vice president now owns 38,187 shares of the company’s stock, valued at $2,993,860.80. The disclosure for this sale can be found here. Insiders have sold 79,525 shares of company stock valued at $6,242,744 in the last quarter. Company insiders own 0.14% of the company’s stock.

WARNING: This piece of content was originally posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/barclays-lowers-adient-adnt-price-target-to-69-00/1840792.html.

Adient Company Profile

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.

Analyst Recommendations for Adient (NYSE:ADNT)

Receive News & Ratings for Adient Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adient and related companies with MarketBeat.com's FREE daily email newsletter.