|Bid||9.18 x 3000|
|Ask||9.48 x 800|
|Day's Range||9.13 - 11.02|
|52 Week Range||5.90 - 29.27|
|Beta (5Y Monthly)||2.76|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 30, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Oct 22, 2018|
|1y Target Est||22.88|
Rating Action: Moody's places Adient's ratings under review for downgrade, senior secured rating downgraded to Ba3. New York, March 25, 2020 -- Moody's Investors Service placed the ratings of Adient Global Holdings Ltd. (Adient) including Corporate Family Rating (CFR) at B2, the Probability of Default Rating at B2-PD, and the senior unsecured ratings at B3 under review for downgrade.
Adient, a global leader in automotive seating, today announced that it is suspending its FY2020 outlook due to the unprecedented global economic uncertainty caused by the COVID-19 pandemic.
Adient (ADNT) anticipates 2020 adjusted EBITDA to be dented by COVID-19 and track toward the lower end of the outlook of $870-$910 million.
Even if it's not a huge purchase, we think it was good to see that Jeffrey Stafeil, the Executive VP & CFO of Adient...
Moody's Investors Service ("Moody's") affirmed the ratings of Adient Global Holdings Ltd. ("Adient") including Corporate Family Rating (CFR) and Probability of Default Rating at B2, and B2-PD; senior unsecured ratings at B3; and Adient US LLC's senior secured ratings at Ba2.
While an extensive array of value-added products is aiding Superior Industries' (SUP), elevated debt and reduced sales outlook are concerns.
AutoZone's (AZO) domestic commercial sales totaled $556.9 million in second-quarter fiscal 2020, up from the $514.6 million recorded in the year-ago quarter.
While Toyota (TM) steers $400 million to self driving startup Pony.ai, Adient (ADNT) narrows its 2020 view amid coronavirus concerns.
Adient (ADNT) anticipates equity income to be down $175-$185 million in 2020 compared with the prior estimate of $235-$245 million amid the Coronavirus outbreak.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Adient (NYSE: ADNT), a global leader in automotive seating, will present at the Wolfe Research Autos Conference in New York on Wednesday, Feb. 26, 2020. Adient's executive vice president and chief financial officer, Jeff Stafeil, is scheduled to present at 9:35 a.m., Eastern time. A live webcast of the presentation will be available on the investor section of the Adient website (https://investors.adient.com/).
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