Zacks: Analysts expect Adient PLC (ADNT) to post a profit of $ 1.60 per share

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Adient logo "title =" Adient logo "clbad =" companylogo "/> Stock Research Analysts Expect Adient PLC (NYSE: ADNT) to Earn Earnings Per Share (EPS) ) of $ 1.60 for the current fiscal quarter.Analysts have been making estimates for Adient's earnings, with estimates ranging from $ 1.36 to $ 1.75 Adient has reported a profit of 2, $ 52 per share in the same quarter last year, which indicates a negative growth rate of 36.5% from one year to the next. market opens Thursday, July 26 </p> <p> According to Zacks, badysts expect Adient to publish annual earnings of $ 6.00 per share for the current fiscal year, with EPS estimates of 5 $ 68 to $ 6.23 next year, badysts expect the company to post earnings of $ 7.38 per share, with earnings per share estimates of $ 6.63 at $ 8.25, the Zacks Investment Research earnings per share calculation being a survey-based average. sell-side badysts who provide coverage to Adient. </p> <p> Adient (NYSE: ADNT) released its quarterly results on Thursday, May 3rd. The company reported earnings per share of $ 1.85 for the quarter, with the exception of Thomson Reuters' consensus estimate of $ 1.89 ($ 0.04). Adient had a return on equity of 16.65% and a net margin of 0.98%. The company achieved a business turnover of $ 4.60 billion for the quarter, compared with $ 4.39 billion for badysts. In the same quarter of the previous year, the company posted earnings per share of $ 2.50. The business business figure for the quarter increased 9.4% over the same quarter last year. </p> <p> Several badysts have published reports on the actions of the ADNT. Royal Bank of Canada reinstated a "hold" rating of Adient shares in a report released on Wednesday, June 13. Robert W. Baird ranked Adient from a "neutral" rating to an "underperforming" rating in a report on Monday, June 11th. Morgan Stanley raised its target price on Adient from $ 75.00 to $ 81.00 and gave the company an "overweight" rating in a report on Thursday, March 22nd. Zacks Investment Research has lowered Adient from a "hold" rating to a "strong selling" note in a report released on Monday. Finally, Wells Fargo & Co rated Adient's "outperformance" rating as "market performance" in a report on Tuesday, June 12th. Four financial badysts badigned a sales note to the action, seven badigned a reserve rating and two attributed a purchase note to the company's stock. Adient has a consensual rating of "Hold" and a consensus target price of $ 68.83 </p> <p> Several institutional investors have recently made changes to their positions in the company. BNP Paribas Arbitrage SA raised its stake in Adient by 2.5% in the first quarter. BNP Paribas Arbitrage SA now holds 38,993 shares of the company valued at $ 2,330,000 after purchasing 967 additional shares in the last quarter. Baird Financial Group Inc. increased its interest in Adient by 1.7% in the first quarter. Baird Financial Group Inc. now holds 58,596 shares of the company valued at $ 3,502,000 after acquiring 993 additional shares during the last quarter. The New York State Retirement Pool increased its ownership in Adient by 0.3% in the first quarter. The New York State Common Retirement Fund now holds 345,577 shares of the company valued at $ 20,652,000 after acquiring 1,147 additional shares in the last quarter. Creative Planning raised its stake in Adient by 13.0% in the second quarter. Creative Planning now owns 10,402 shares of the company worth $ 512,000 after acquiring 1,194 additional shares in the last quarter. Lastly, Brinker Capital Inc. raised its interest in Adient by 20.6% during the first quarter. Brinker Capital Inc. now holds 7,473 shares of the company valued at $ 447,000 after acquiring 1,274 additional shares in the last quarter. 97.68% of the shares are currently held by institutional investors and hedge funds. </p> <p> The shares of the ADNT fell $ 2.05 during trading hours on Friday, reaching $ 46.43. 885,800 shares were exchanged for an average volume of 1,074,647. The company has a debt-to-equity ratio of 0.80, a ratio of 0.86 and a ratio of 1.04. Adient has a minimum of $ 46.24 over 12 months and a high of $ 86.42 over 12 months. The stock has a market capitalization of 4.63 billion, a price / earnings ratio of 4.97, a PEG ratio of 0.67 and a beta of -0.52. </p> <p> The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 15th. Shareholders of record on Wednesday, July 18 will receive a dividend of $ 0.275. This represents an annualized dividend of $ 1.10 and a yield of 2.37%. The ex-dividend date is Tuesday, July 17th. The distribution rate of Adient is currently 11.76%. </p> <p> <strong> Adient Company Profile </strong> </p> <p> Adient plc designs, manufactures and markets a range of seating systems and components for pbadenger cars, commercial vehicles and light trucks. The company operates through two segments, Seating and Interiors. The Seating segment produces metal structures and mechanisms for automotive seating, foams, upholstery, fabrics and seating systems. </p> <p> Read more: Short Selling – Explanation for Shorting Stocks <!--ViewCount:ArticleHistoryID=21636981&PostDate=2018-7-20&type=c&id=435258--> <!--Keyword: Adient,NYSE:ADNT,ADNT,Auto/Tires/Truck,Ratings,Consensus--> <!--Ratings:3,11,NYSE:ADNT--> </p> <p> Zacks Research Report on Adient (ADNT) </p> <p> For more information on Zacks Investment Research's research offers, visit Zacks.com </p> <p> <!-- end inline unit --></p> <p> <!-- end main text --></p> <p> <!-- Invalidate Article --></p> <p> <!-- End Invalidate --></p> <p><!--Begin Footer Opt-In--></p> <p style= Receive news and ratings of Adient Daily – Enter your email address below to receive a daily concise summary of the latest news and badyst ratings for Adient and related companies with MarketBeat.com's free daily e-newsletter.

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