Adient's Q3 profit misses expectations due to war-related headwinds
ADNT•Q3 profit and EBITDA results
Adient's Q3 adjusted EPS missed analyst expectations, while adjusted EBITDA was flat year over year despite about $32 million in temporary headwinds.
The automotive seating supplier said temporary headwinds from the Middle East conflict and customer/supplier inefficiencies affected results.
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell".
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy".
Wall Street's median 12-month price target for Adient PLC is $29.00, about 37.1% above its Aug. 4 closing price of $21.16.
The stock recently traded at 7 times the next 12-month earnings versus a P/E of 8 three months ago.
Outlook and shareholder returns
Adient reaffirmed its earnings and free cash flow outlook for fiscal 2026.
