American Axle & Manufacturing, Allison Transmission, and Adient are included in the Zacks Industry Outlook report.
Due to uncertainty around tariffs, auto equipment companies such as AXL, ALSN, and ADNT are expected to benefit from their growing presence, recent acquisitions, and ongoing innovation.
Amid tariff-related uncertainty, auto equipment stocks like AXL, ALSN & ADNT are set to gain from their expanding footprints, acquisitions and continued innovation.
ASGN, ADNT and AFG have been added to the Zacks Rank #5 (Strong Sell) List on February 20, 2024.
ASGN, AHEXY and ADNT have been added to the Zacks Rank #5 (Strong Sell) List on February 10, 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.
PLYMOUTH, Mich. , Jan. 30, 2025 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced the pricing of the private offering by its wholly-owned subsidiary, Adient Global Holdings Ltd, of $795 million in aggregate principal amount of 7.50% senior unsecured notes due 2033 (the "Notes").
PLYMOUTH, Mich. , Jan. 30, 2025 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced that its wholly-owned subsidiary, Adient Global Holdings Ltd, intends, subject to market and other customary conditions, to offer $795 million in aggregate principal amount of new senior unsecured notes due 2033 (the "Notes") in a private offering.
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.