Adient plc (ADNT) with a beta value of 2.18 appears to be a promising investment opportunity.

A new trading day began on Tuesday, with Adient plc (NYSE: ADNT) stock price down -0.10% from the previous day of trading, before settling in for the closing price of $19.74. ADNT’s price has ranged from $19.40 to $37.19 over the past 52 weeks.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Consumer Cyclical sector was -0.78%. Meanwhile, its annual earnings per share averaged -21.69%. With a float of $85.59 million, this company’s outstanding shares have now reached $93.70 million.

Considering the fact that the conglomerate employs 70000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 6.46%, operating margin of 3.06%, and the pretax margin is 0.96%.

Adient plc (ADNT) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. The insider ownership of Adient plc is 1.83%, while institutional ownership is 95.88%. The most recent insider transaction that took place on May 15 ’24, was worth 29,470. In this transaction SVP & Chief Accounting Officer of this company sold 1,000 shares at a rate of $29.47, taking the stock ownership to the 15,399 shares. Before that another transaction happened on May 09 ’24, when Company’s Director sold 4,207 for $28.90, making the entire transaction worth $121,582. This insider now owns 28,352 shares in total.

Adient plc (ADNT) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -21.69% per share during the next fiscal year.

Adient plc (NYSE: ADNT) Trading Performance Indicators

Here are Adient plc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.12. Likewise, its price to free cash flow for the trailing twelve months is 5.73.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.74, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 2.50 in one year’s time.

Technical Analysis of Adient plc (ADNT)

Compared to the last year’s volume of 1.21 million, its volume of 1.04 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 13.78%. Additionally, its Average True Range was 0.77.

During the past 100 days, Adient plc’s (ADNT) raw stochastic average was set at 5.63%, which indicates a significant decrease from 10.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.34% in the past 14 days, which was higher than the 37.78% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.60, while its 200-day Moving Average is $27.06. Nevertheless, the first resistance level for the watch stands at $19.92 in the near term. At $20.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.43. If the price goes on to break the first support level at $19.41, it is likely to go to the next support level at $19.11. Now, if the price goes above the second support level, the third support stands at $18.90.

Adient plc (NYSE: ADNT) Key Stats

With a market capitalization of 1.72 billion, the company has a total of 87,190K Shares Outstanding. Currently, annual sales are 15,395 M while annual income is 205,000 K. The company’s previous quarter sales were 3,716 M while its latest quarter income was -11,000 K.