Adient PLC (ADNT) on Focus After Raising In Today’s Session

September 17, 2017 - By Kurt Siggers

The stock of Adient PLC (NYSE:ADNT) is a huge mover today! The stock increased 5.05% or $3.86 on September 15, reaching $80.26. About 2.22M shares traded or 208.17% up from the average. Adient PLC (NYSE:ADNT) has 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.
The move comes after 5 months positive chart setup for the $7.47 billion company. It was reported on Sep, 17 by Barchart.com. We have $86.68 PT which if reached, will make NYSE:ADNT worth $597.60M more.

Analysts await Adient PLC (NYSE:ADNT) to report earnings on December, 5. ADNT’s profit will be $202.90 million for 9.20 P/E if the $2.18 EPS becomes a reality. After $2.52 actual earnings per share reported by Adient PLC for the previous quarter, Wall Street now forecasts -13.49 % negative EPS growth.

Adient PLC (NYSE:ADNT) Ratings Coverage

Among 11 analysts covering Ardent Mines (NYSE:ADNT), 6 have Buy rating, 1 Sell and 4 Hold. Therefore 55% are positive. Ardent Mines had 14 analyst reports since October 18, 2016 according to SRatingsIntel. On Monday, February 6 the stock rating was maintained by RBC Capital Markets with “Outperform”. RBC Capital Markets maintained Adient PLC (NYSE:ADNT) on Monday, May 1 with “Outperform” rating. The company was initiated on Tuesday, November 8 by JP Morgan. The firm earned “Outperform” rating on Monday, October 31 by Wells Fargo. The stock of Adient PLC (NYSE:ADNT) earned “Overweight” rating by Morgan Stanley on Tuesday, February 21. The rating was downgraded by Bank of America on Wednesday, November 9 to “Underperform”. As per Monday, November 28, the company rating was initiated by Susquehanna. Seaport Global initiated the stock with “Buy” rating in Tuesday, October 18 report. UBS initiated Adient PLC (NYSE:ADNT) on Monday, October 31 with “Buy” rating. The rating was initiated by Robert W. Baird with “Outperform” on Tuesday, October 18.

More notable recent Adient PLC (NYSE:ADNT) news were published by: Seekingalpha.com which released: “Adient Addresses Backlog With Acquisition” on August 25, 2017, also Seekingalpha.com with their article: “Adient: An Undervalued Niche Growth Opportunity” published on November 16, 2016, Seekingalpha.com published: “Adient Plc: Contradicting Growth Outlook Presents A Value Trap” on July 21, 2017. More interesting news about Adient PLC (NYSE:ADNT) were released by: Seekingalpha.com and their article: “Adient Plc: The Expensive Spin-Off Of Johnson Controls International’s Seating …” published on November 02, 2016 as well as Seekingalpha.com‘s news article titled: “Adient – It’s All About The Margins” with publication date: August 03, 2017.

Adient plc, formerly Adient Limited, is an automotive seating supplier. The company has market cap of $7.47 billion. The Firm designs, makes 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. It currently has negative earnings. The Firm operates through two divisions: Seating and Interiors.

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