The shares of Companhia Siderurgica Nacional (NYSE:SID) has been pegged with a rating of Neutral by Goldman in its latest research note that was published on April 15th, 2019. Goldman wasn’t the only research firm that published a report of Companhia Siderurgica Nacional, with other equities research analysts also giving their opinion on the stock. Morgan Stanley advised investors in its research note published on March 5th, 2019, to Overweight the SID stock. The stock had earned Buy rating from HSBC Securities when it published its report on February 22nd, 2019. The stock was given Outperform rating by Credit Suisse in its report released on June 4th, 2018. JP Morgan was of a view that SID is Neutral in its latest report on January 17th, 2018. Credit Suisse thinks that SID is worth Neutral rating. This was contained in the firm’s report on September 7th, 2017.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 2 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $3.39. The price of the stock the last time has raised by 109.42% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 51.14.
The shares of the company dipped by -3.15% during the trading session on Tuesday, reaching a low of $3.99 while ending the day at $4.00. During the trading session, a total of 6.51 million shares were traded which represents a -33.5% decline from the average session volume which is 4.88M shares. SID had ended its last session trading at 4.13. Companhia Siderurgica Nacional currently has a market cap of $5.67B, while its P/E ratio stands at 4.17, while its P/E earnings growth sits at 0.95, with a beta of 2.28. Companhia Siderurgica Nacional debt-to-equity ratio currently stands at 3.31, while its quick ratio hovers at 0.60. SID 52-week low price stands at $1.91 while its 52-week high price is $4.60.
The Companhia Siderurgica Nacional generated $6,051.00 million in revenue during the last quarter, which is slightly higher than the $4,955.93 million predicted by analysts. Companhia Siderurgica Nacional has the potential to record 0.96 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Barclays published a research note on April 16th, 2019 where it informed investors and clients that Adient plc (NYSE:ADNT) is now rated as Overweight. Morgan Stanley also rated ADNT as Upgrade on March 5th, 2019, with its price target of $13 suggesting that ADNT could down by -41.26% from its current share price. Even though the stock has been trading at $23.73/share, analysts expect it to surge higher by 3.16% to reach $17.33/share. It started the day trading at $24.56 and traded between $23.22 and $24.48 throughout the trading session.
A look at its technical shows that ADNT’s 50-day SMA is 17.24 while its 200-day SMA stands at 29.00. At the moment, only of Adient plc shares were sold short. The company’s average trading volume currently stands at 2.25M shares, which means that the short-interest ratio is just 3.76 days. Over the past seven days, the company moved, with its shift of 48.63%. Looking further, the stock has raised 33.62% over the past 90 days while it lost -18.89% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Davis Selected Advisers LP sold more ADNT shares, decreasing its portfolio by -1.07% during the last quarter. This move now sees Davis Selected Advisers LP selling -121,020 shares in the last quarter, thus it now holds 11,185,755 shares of ADNT, with a total valuation of $144,967,385. Hotchkis Wiley Capital Manageme meanwhile bought more ADNT shares in the recently filed quarter, changing its stake to $105,379,445 worth of shares. BlackRock Fund Advisors followed the path by increasing its ADNT portfolio by +3.98% in the quarter. This means that BlackRock Fund Advisors bought 275,141 shares in the last quarter and now controls 7,189,121 shares of the ADNT stock, with the valuation hitting $93,171,008.
Similarly, Barrow Hanley Mewhinney Strau decreased its Adient plc shares by -51.90% during the recently filed quarter. After selling -5,247,683 shares in the last quarter, the firm now controls 4,862,744 shares of Adient plc which are valued at $63,021,162. In the same vein, Lyrical Asset Management LP increased its Adient plc shares by during the most recent reported quarter. The firm bought 196,272 shares during the quarter which increased its stakes to 3,948,883 shares and is now valued at $51,177,524. Following these latest developments, around 0.30% of Adient plc stocks are owned by institutional investors and hedge funds.