ADNT, AOS and BASFY have been added to the Zacks Rank #5 (Strong Sell) List on February 6, 2025.
Adient's ultra-low gross margin and high costs remain concerning despite recent share price gains and positive Q1 earnings, warranting a cautious investment stance. The company's financials are under pressure due to low production volumes and potential impacts from upcoming US tariffs and major restructuring needs in EMEA. Negative GAAP earnings and declining book value, despite stock buybacks, highlight challenges in managing working capital and sustaining cash flow.
ADNT reports better-than-expected fiscal Q1 results. It expects fiscal 2025 revenues to be $13.9 billion, down from the previous estimate of $14.1-$14.4 billion.
Adient plc (NYSE:ADNT ) Q1 2025 Earnings Conference Call January 28, 2025 8:00 AM ET Company Participants Michael Heifler - VP, IR and Strategy Jerome Dorlack - President and CRO Mark Oswald - EVP and CFO Conference Call Participants Dan Levy - Barclays Jake Scholl - BNP Paribas Kosta Tasoulis - Wells Fargo Operator Welcome and thank you for standing by. At this time all participants are in a listen-only mode.
Adient (ADNT) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.31 per share a year ago.
NGVT, ICL and ADNT made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 21, 2025.
Wells Fargo downgraded Adient to Equal Weight from Overweight with a price target of $20, down from $27. The firm likes the long-term story but says the company's near-term outlook is challenged with European market weakness. This places risk on Adient's 2025 outlook, the analyst tells investors in a research note.
Adient plc's FY2024 results showed a -5% YoY revenue decline, with challenges in the Americas and EMEA regions but growth in Asia, especially China. The FY2025 outlook predicts continued revenue decline, with strategic restructuring in Europe and growth initiatives in China to counterbalance market headwinds. Despite a tough competitive environment, ADNT maintains margin stability and trades at favorable valuations, with a forward P/E ratio of 10.2x.
ADNT, WMS and BATRA have been added to the Zacks Rank #5 (Strong Sell) List on November 15, 2024.
ADNT reports better-than-expected Q4 results and expects fiscal 2025 revenues in the range of $14.1-$14.4 billion, down from $14.69 billion reported in 2024.
Adient's Q4 FY 2024 EPS jumped by +33.3% YoY and beat the consensus forecast by +29.2%, thanks to good expense management. ADNT's midterm revenue growth outlook is positive, considering the target of raising the Mainland China business' sales contribution from domestic OEMs to 60% in FY 2027. The company should benefit from higher margins with the gradual exit from the less profitable metals business.
Adient plc (NYSE:ADNT ) Q4 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Michael Heifler - Vice President, Investor Relations and Strategy Jerome Dorlack - President and Chief Executive Officer Mark Oswald - Executive Vice President and Chief Financial Officer Conference Call Participants John Murphy - Bank of America Colin Langan - Wells Fargo Joe Spak - UBS Emmanuel Rosner - Wolfe Research James Picariello - BNP Paribas Operator Welcome to the Adient's Fourth Quarter 2024 Earnings Call. Parties will be in a listen-only mode until the question-and-answer session of today's call.