Report
David Whiston, CFA, CPA, CFE
EUR 101.80 For Business Accounts Only

Adient's Fiscal 3Q Shows Its Plan Is On Track

We are not changing our fair value estimate or moat rating on auto seating supplier Adient after incorporating fiscal third-quarter results into our model. The company’s plan to be a more efficient operator since its spin-off from Johnson Controls in October appears to be progressing well, and management made no major changes to its guidance. The midterm plan is to increase adjusted operating margin excluding equity income by about 200 basis points from the 4.5% level posted for the 12 months en...
Underlying
Adient plc

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Whiston, CFA, CPA, CFE

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch