JPMorgan Chase & Co. Issues Pessimistic Forecast for Adient (NYSE:ADNT) Stock Price

Adient (NYSE:ADNT) had its price target lowered by analysts at JPMorgan Chase & Co. from $25.00 to $23.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 34.29% from the company’s previous close.

Other research analysts also recently issued reports about the stock. Stifel Nicolaus reduced their price objective on shares of Adient from $26.00 to $21.00 and set a “buy” rating on the stock in a research note on Monday, October 19th. BNP Paribas Exane raised shares of Adient from a “neutral” rating to an “outperform” rating and set a $26.00 price objective for the company in a report on Thursday, July 30th. UBS Group dropped their target price on shares of Adient from $29.00 to $23.00 and set a “buy” rating for the company in a research report on Wednesday, October 7th. Morgan Stanley cut their target price on shares of Adient from $22.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 18th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $28.00 target price on shares of Adient in a research note on Thursday, August 6th. Seven equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $24.70.

Adient Stock Down 0.4%

Shares of ADNT traded down $0.06 during trading on Thursday, reaching $17.13. The company’s stock had a trading volume of 2,773,255 shares, compared to its average volume of 1,033,723. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 28.55, a P/E/G ratio of 0.23 and a beta of 1.64. The company has a quick ratio of 0.91, a current ratio of 1.10 and a debt-to-equity ratio of 1.18. The company has a fifty day moving average of $17.85 and a two-hundred day moving average of $20.50. Adient has a twelve month low of $15.80 and a twelve month high of $27.32.

Adient (NYSE:ADNT) last released its quarterly earnings results on Wednesday, November 4th. The company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.10). The company had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.62 billion. Adient had a return on equity of 7.32% and a net margin of 0.32%. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.52 EPS. On average, sell-side analysts predict that Adient will post 1.99 EPS for the current fiscal year.

Insider Activity at Adient

In other news, Director Peter Carlin sold 7,843 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $19.25, for a total value of $150,977.75. Following the completion of the sale, the director directly owned 38,835 shares in the company, valued at approximately $747,573.75. The trade was a 16.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.94% of the company’s stock.

Institutional Investors Weigh In On Adient

Several institutional investors and hedge funds have recently made changes to their positions in ADNT. Parallel Advisors LLC lifted its stake in Adient by 19.4% during the first quarter. Parallel Advisors LLC now owns 3,186 shares of the company’s stock worth $64,000 after purchasing an additional 517 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Adient by 10.3% in the first quarter. PNC Financial Services Group Inc. now owns 7,538 shares of the company’s stock worth $152,000 after purchasing an additional 705 shares during the period. Farther Finance Advisors LLC increased its stake in Adient by 126.4% during the third quarter. Farther Finance Advisors LLC now owns 1,838 shares of the company’s stock valued at $31,000 after purchasing an additional 1,026 shares during the last quarter. Corient Private Wealth LP increased its stake in Adient by 5.7% during the second quarter. Corient Private Wealth LP now owns 19,371 shares of the company’s stock valued at $356,000 after purchasing an additional 1,038 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in Adient by 12.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 11,383 shares of the company’s stock valued at $237,000 after purchasing an additional 1,221 shares during the last quarter. 92.44% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Adient

Here are the key news stories impacting Adient this week:

• Positive Sentiment: Adient’s board increased its share repurchase authorization by $400 million, which could support shareholder returns if the company uses the authorization to buy shares. Adient announces increased share repurchase authorization
• Positive Sentiment: Adient reported $222 million in free cash flow for fiscal 2026, a source of financial flexibility. Adient reports fourth-quarter and full-year results
• Neutral Sentiment: The company expects fiscal 2027 revenue of $14.8 billion to $15 billion. The articles provided no analyst comparison for this outlook, so its implications for expectations are unclear. Adient sets fiscal 2027 revenue outlook
• Negative Sentiment: Fourth-quarter EPS was $0.52, below analyst estimates of about $0.62. Adient also reported a $47 million quarterly loss as restructuring costs rose, weighing on the earnings picture. Adient Q4 earnings miss estimates Adient posts quarterly loss as restructuring costs rise
• Neutral Sentiment: Revenue of $3.73 billion beat estimates of $3.62 billion and increased 1.1% year over year, partly offsetting the earnings miss. Adient fiscal Q4 earnings and revenue

About Adient

Adient plc (NYSE: ADNT) is a global automotive supplier specializing in the design, development and manufacture of vehicle seating systems. The company supplies complete seating assemblies as well as components such as seat structures, mechanisms, foam, fabrics, leather and other trim materials.

Adient works with automakers and other automotive customers to provide seating solutions for passenger cars, trucks, sport utility vehicles and commercial vehicles. Its offerings are designed to support vehicle comfort, safety, styling, weight reduction and manufacturing efficiency, with products developed for both traditional and electrified vehicles.

The company was formed in 2016 through the separation of Johnson Controls’ automotive seating business.