Adient PLC (NYSE:ADNT) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 4,885,251 shares, a growth of 59.7% from the January 12th total of 3,059,709 shares. Currently, 5.3% of the company’s shares are short sold. Based on an average daily trading volume, of 2,433,661 shares, the short-interest ratio is presently 2.0 days.

Adient (NYSE ADNT) opened at $63.68 on Thursday. The company has a current ratio of 1.02, a quick ratio of 0.83 and a debt-to-equity ratio of 0.78. The firm has a market cap of $5,930.00 and a P/E ratio of 11.71. Adient has a 1 year low of $59.10 and a 1 year high of $86.42.

Adient (NYSE:ADNT) last posted its quarterly earnings data on Monday, January 29th. The company reported $1.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.85 by ($0.79). The company had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $4.26 billion. Adient had a return on equity of 18.72% and a net margin of 3.19%. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period in the previous year, the business posted $2.12 EPS. analysts expect that Adient will post 7.51 earnings per share for the current fiscal year.

In other news, VP Cathleen A. Ebacher sold 9,184 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $78.40, for a total transaction of $720,025.60. Following the completion of the sale, the vice president now owns 38,187 shares in the company, valued at approximately $2,993,860.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman R Bruce Mcdonald sold 67,757 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $78.49, for a total transaction of $5,318,246.93. The disclosure for this sale can be found here. Insiders have sold a total of 79,525 shares of company stock valued at $6,242,744 in the last 90 days. Insiders own 0.70% of the company’s stock.

ADNT has been the subject of a number of recent analyst reports. Royal Bank of Canada cut their price target on shares of Adient from $96.00 to $89.00 and set an “outperform” rating for the company in a report on Friday, November 3rd. Robert W. Baird downgraded shares of Adient from an “outperform” rating to a “neutral” rating and set a $89.00 price target for the company. in a report on Wednesday, January 17th. UBS Group raised their price target on shares of Adient from $94.00 to $98.00 and gave the stock a “buy” rating in a report on Thursday, October 19th. Zacks Investment Research downgraded shares of Adient from a “hold” rating to a “sell” rating in a report on Friday, January 19th. Finally, Barclays restated a “hold” rating and set a $71.00 price target on shares of Adient in a report on Sunday, January 21st. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $72.09.

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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.

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