Home Sectors Consumer Cyclical Current Trend: Adient (NYSE: ADNT)

Current Trend: Adient (NYSE: ADNT)

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Adient is in the autos industry and is in the consumer cyclical sector. The company CEO is Douglas G. Delgrosso. Adient is engaged in supplying automotive seating. It designs, manufactures and markets seating systems and components for passenger cars, commercial vehicles and light trucks, including vans, pick-up trucks and sport/crossover utility vehicles.

Previous Intraday Trading Performance:

The ADNT stock showed a previous change of 4.57% with an open at 19.79 and a close of 20.38. It reached an intraday high of 20.44 and a low of 19.54.

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Liquidity:

The stock has a market cap of $1.9b with 93.5m shares outstanding, of which the float is 93.2m shares. Trading volume reached 1,633,770 shares compared to its average volume of 2,641,803 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Adient shares returned 12.29% and in the past 30 trading days it returned 34.26%. Over three months, it changed -34.70%. In one year it has changed -68.90% and within that year its 52-week high was 67.10 and its 52-week low was 14.52. ADNT stock is 40.37% above its 52 Week Low.

Our calculations show a 200 day moving average of 36.65 and a 50 day moving average of 18.59. Currently ADNT stock is trading -44.39% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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Earnings:

The last annual fiscal EPS for the company was reported at -20.99 that ended on 30th of September 2018. Based on 5 analyst estimates, the consensus EPS for the next quarter is 1.26. The TTM EPS is 5.66, which comes to a TTM PE of 3.60.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.31
09-30-2018:  1.30
06-30-2018:  1.45
03-31-2018:  1.85

The dividend per share is currently 1.10, which is a dividend yield of 5.40%. Also, the payout ratio is 19.43%, therefore the dividend is safe according to our calculations. ADNT stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.

Base on our calculations, the intrinsic value per share is 3.55, which means it may be overvalued by -473.76%

Indicators to Watch:

Based on the latest filings, there is 145.30% of institutional ownership. Short-interest is 10,390,727, which is 11.11% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.65. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 2.34

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -45.91%, return on assets is -12.92%, profit margin is -8.01%, price-to-sales is 0.09 and price-to-book is 0.67.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 2  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.