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Adient to discuss Q1 fiscal 2025 financial results on Jan. 28, 2025
PRNewswire (Mon, 6-Jan 8:00 AM ET)
Adient, Jaguar Land Rover and Dow develop closed-loop polyurethane foam seats
PRNewswire (Mon, 2-Dec 8:00 AM ET)
PRNewswire (Fri, 8-Nov 6:50 AM ET)
Adient enters into joint development agreement with machine integrator and automation company Paslin
PRNewswire (Wed, 6-Nov 8:00 AM ET)
Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment. Adient is the leading seating supplier to the industry with about one third of the global market. Its share in China is now nearly 20%, down from about 45%, following the sale of its main joint venture there at the end of fiscal 2021. Unconsolidated revenue from joint ventures was about $3.8 billion in fiscal 2024 and consolidated China revenue was $1.4 billion. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2024 (Sept. 30 year-end) consolidated revenue, which excludes joint venture sales, was $14.7 billion.
Adient PLC Ordinary Shares trades on the NYSE stock market under the symbol ADNT.
As of January 15, 2025, ADNT stock price climbed to $17.71 with 825,583 million shares trading.
ADNT has a beta of 1.06, meaning it tends to be more sensitive to market movements. ADNT has a correlation of 0.14 to the broad based SPY ETF.
ADNT has a market cap of $1.59 billion. This is considered a Small Cap stock.
Last quarter Adient PLC Ordinary Shares reported $4 billion in Revenue and $.68 earnings per share. This beat revenue expectation by $122 million and exceeded earnings estimates by $.16.
In the last 3 years, ADNT traded as high as $50.23 and as low as $16.28.
The top ETF exchange traded funds that ADNT belongs to (by Net Assets): IJR, CALF, IWM, VXF, RWJ.
ADNT has underperformed the market in the last year with a return of -45.7%, while the SPY ETF gained +25.2%. In the last 3 month period, ADNT fell short of the market, returning -19.0%, while SPY returned +1.3%. However, in the most recent 2 weeks ADNT has outperformed the stock market by returning +2.8%, while SPY returned +0.6%.
ADNT support price is $16.98 and resistance is $17.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ADNT shares will trade within this expected range on the day.