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

Axalta Coating Systems Ltd. (NYSE:AXTA) has received a consensus recommendation of “Hold” from the nineteen research firms that are presently covering the firm, MarketBeat Ratings reports. Twelve investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $35.5625.

Several research firms recently commented on AXTA. KeyCorp restated a “sector weight” rating on shares of Axalta Coating Systems in a research report on Wednesday, October 29th. JPMorgan Chase & Co. reduced their price objective on Axalta Coating Systems from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, October 30th. Citigroup increased their target price on shares of Axalta Coating Systems from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. UBS Group cut Axalta Coating Systems from a “buy” rating to a “neutral” rating and cut their target price for the stock from $39.00 to $35.00 in a research note on Monday, January 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Axalta Coating Systems in a research report on Wednesday, October 8th.

Axalta Coating Systems Stock Performance

Shares of Axalta Coating Systems stock opened at $34.08 on Friday. Axalta Coating Systems has a 12 month low of $26.28 and a 12 month high of $38.37. The business’s fifty day simple moving average is $31.29 and its 200 day simple moving average is $30.10. The firm has a market capitalization of $7.27 billion, a P/E ratio of 16.31, a price-to-earnings-growth ratio of 1.35 and a beta of 1.29. The company has a current ratio of 2.20, a quick ratio of 1.59 and a debt-to-equity ratio of 1.45.

Axalta Coating Systems (NYSE:AXTA) last released its quarterly earnings data on Tuesday, October 28th. The specialty chemicals company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.64 by $0.03. Axalta Coating Systems had a net margin of 8.81% and a return on equity of 24.92%. The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the firm earned $0.59 earnings per share. The company’s revenue was down 2.4% compared to the same quarter last year. 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. As a group, analysts anticipate that Axalta Coating Systems will post 2.55 EPS for the current year.

Institutional Trading of Axalta Coating Systems

Several institutional investors have recently bought and sold shares of the company. Jackson Thornton Wealth Management LLC bought a new position in Axalta Coating Systems in the fourth quarter valued at about $218,000. Oak Thistle LLC bought a new position in shares of Axalta Coating Systems during the 4th quarter valued at about $863,000. Aaron Wealth Advisors LLC purchased a new position in Axalta Coating Systems during the 4th quarter valued at approximately $664,000. Capricorn Fund Managers Ltd bought a new stake in Axalta Coating Systems in the fourth quarter worth $2,585,000. Finally, Perpetual Ltd raised its position in Axalta Coating Systems by 29.3% during the fourth quarter. Perpetual Ltd now owns 1,186,312 shares of the specialty chemicals company’s stock valued at $38,330,000 after purchasing an additional 268,552 shares during the period. 98.28% of the stock is owned by hedge funds and other institutional investors.

About Axalta Coating Systems

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.