Guggenheim reissued their hold rating on shares of Adient (NYSE:ADNT) in a report released on Wednesday. Guggenheim currently has a $90.00 price target on the stock.

Several other equities analysts also recently weighed in on ADNT. Longbow Research began coverage on Adient in a research report on Friday, January 5th. They issued a neutral rating on the stock. Zacks Investment Research upgraded Adient from a hold rating to a buy rating and set a $94.00 target price on the stock in a research report on Monday, October 2nd. Royal Bank of Canada restated a buy rating and issued a $96.00 target price on shares of Adient in a research report on Wednesday, October 18th. Robert W. Baird restated a buy rating on shares of Adient in a research report on Tuesday, October 17th. Finally, Barclays raised their target price on Adient to $85.00 and gave the company an equal weight rating in a research report on Friday, October 20th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of Hold and an average price target of $83.22.

Shares of Adient (NYSE ADNT) traded down $0.90 on Wednesday, reaching $82.69. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.04 and a quick ratio of 0.87. Adient has a 12 month low of $59.10 and a 12 month high of $86.42. The firm has a market cap of $7,700.00 and a price-to-earnings ratio of 8.84.

Adient (NYSE:ADNT) last issued its quarterly earnings data on Thursday, November 2nd. The company reported $2.34 EPS for the quarter, beating the consensus estimate of $2.21 by $0.13. Adient had a return on equity of 22.48% and a net margin of 5.47%. The company had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.85 billion. During the same period last year, the company earned $2.15 earnings per share. Adient’s quarterly revenue was up 1.2% compared to the same quarter last year. analysts forecast that Adient will post 10.36 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, January 18th will be given a $0.275 dividend. The ex-dividend date of this dividend is Wednesday, January 17th. This represents a $1.10 annualized dividend and a dividend yield of 1.33%. Adient’s dividend payout ratio (DPR) is presently 11.76%.

In related news, VP Cathleen A. Ebacher sold 9,184 shares of Adient stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $78.40, for a total transaction of $720,025.60. Following the transaction, the vice president now owns 38,187 shares in the company, valued at $2,993,860.80. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Cathleen A. Ebacher sold 2,584 shares of Adient stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $79.13, for a total value of $204,471.92. Following the transaction, the vice president now owns 36,454 shares in the company, valued at approximately $2,884,605.02. The disclosure for this sale can be found here. In the last 90 days, insiders sold 79,525 shares of company stock worth $6,242,744. Company insiders own 0.14% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Adient’s (ADNT) Hold Rating Reiterated at Guggenheim” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of international copyright & trademark laws. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2018/01/14/adients-adnt-hold-rating-reiterated-at-guggenheim.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.