With 1.75 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.58 million shares. The 52-week range on ADNT shows that it touched its highest point at $30.29 and its lowest point at $10.04 during that stretch. It currently has a 1-year price target of $15.33. Beta for the stock currently stands at 1.58.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ADNT was up-trending over the past week, with a rise of 8.85%, but this was up by 33.17% over a month. Three-month performance dropped to -17.00% while six-month performance fell -30.24%. The stock lost -51.03% in the past year, while it has lost -20.08% so far this year. A look at the trailing 12-month EPS for ADNT yields -3.20 with Next year EPS estimates of 2.14. For the next quarter, that number is 0.39. This implies an EPS growth rate of -9.64% for this year and 28.72% for next year.
Float and Shares Shorts:
At present, 84.02 million ADNT shares are outstanding with a float of 81.92 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ADNT since 7 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 1 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.73168 being high and $1.65342 being low. For ADNT, this leads to a yearly average estimate of $1.69255.
