Axalta Coating Systems Ltd. (NYSE:AXTA) Receives Average Rating of “Moderate Buy” from Analysts

Axalta Coating Systems Ltd. (NYSE:AXTA) has been given a consensus recommendation of “Moderate Buy” by the nineteen brokerages that are covering the company, Marketbeat reports. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $36.1875.

A number of research analysts have recently weighed in on AXTA shares. Royal Bank Of Canada restated a “sector perform” rating and set a $30.00 price target (down previously from $35.00) on shares of Axalta Coating Systems in a report on Wednesday, November 19th. Bank of America cut their target price on Axalta Coating Systems from $42.00 to $41.00 and set a “buy” rating on the stock in a report on Tuesday, October 14th. Evercore ISI reissued an “in-line” rating and issued a $32.00 price objective (down from $47.00) on shares of Axalta Coating Systems in a research note on Thursday, October 2nd. JPMorgan Chase & Co. lowered their price target on Axalta Coating Systems from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Finally, KeyCorp restated a “sector weight” rating on shares of Axalta Coating Systems in a research note on Wednesday, October 29th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Cullen Frost Bankers Inc. acquired a new stake in shares of Axalta Coating Systems in the second quarter valued at $37,000. IFP Advisors Inc bought a new stake in Axalta Coating Systems during the 2nd quarter worth about $39,000. FNY Investment Advisers LLC bought a new stake in Axalta Coating Systems during the 2nd quarter worth about $49,000. True Wealth Design LLC increased its position in Axalta Coating Systems by 1,533.6% in the 3rd quarter. True Wealth Design LLC now owns 1,797 shares of the specialty chemicals company’s stock valued at $51,000 after acquiring an additional 1,687 shares in the last quarter. Finally, Allworth Financial LP raised its stake in shares of Axalta Coating Systems by 339.7% in the third quarter. Allworth Financial LP now owns 2,405 shares of the specialty chemicals company’s stock worth $69,000 after acquiring an additional 1,858 shares during the last quarter. Institutional investors and hedge funds own 98.28% of the company’s stock.

Axalta Coating Systems Trading Up 0.3%

Shares of NYSE AXTA opened at $32.40 on Monday. The business has a 50 day simple moving average of $29.67 and a 200 day simple moving average of $29.68. Axalta Coating Systems has a 52 week low of $26.28 and a 52 week high of $38.37. The stock has a market cap of $6.91 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 1.28 and a beta of 1.29. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.59 and a current ratio of 2.20.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings data on Tuesday, October 28th. The specialty chemicals company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.03. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.31 billion. Axalta Coating Systems had a net margin of 8.81% and a return on equity of 24.92%. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.59 earnings per share. Axalta Coating Systems has set its Q4 2025 guidance at 0.600-0.600 EPS and its FY 2025 guidance at 2.500-2.500 EPS. On average, research analysts predict that Axalta Coating Systems will post 2.55 earnings per share for the current fiscal year.

Axalta Coating Systems Company Profile

Axalta Coating Systems is a global leader in the development, manufacture and sale of liquid and powder coatings. The company’s product portfolio spans refinish coatings for the automotive collision repair market, original equipment manufacturer (OEM) coatings for new vehicle production, and industrial coatings including electrodeposition (E-coat) and powder coatings for a variety of sectors such as architecture, heavy equipment and general industrial applications.

Tracing its roots to the 19th century and rebranded as Axalta following its separation from DuPont Performance Coatings in 2013, the company has built a presence in more than 100 countries.