Axalta Coating Systems Ltd. (NYSE:AXTA) Given Consensus Recommendation of “Hold” by Analysts

Axalta Coating Systems Ltd. (NYSE:AXTAGet Free Report) has received an average recommendation of “Hold” from the nineteen analysts that are currently covering the stock, MarketBeat.com reports. Twelve investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $36.5625.

A number of equities research analysts recently weighed in on AXTA shares. The Goldman Sachs Group raised their price objective on Axalta Coating Systems from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Robert W. Baird set a $37.00 price target on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Royal Bank Of Canada raised their price target on shares of Axalta Coating Systems from $33.00 to $35.00 and gave the company a “sector perform” rating in a report on Thursday. KeyCorp reiterated a “sector weight” rating on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $35.00 target price on shares of Axalta Coating Systems in a research report on Wednesday, February 11th.

Check Out Our Latest Analysis on AXTA

Axalta Coating Systems Price Performance

NYSE AXTA opened at $34.12 on Tuesday. The company has a market cap of $7.28 billion, a PE ratio of 19.61, a P/E/G ratio of 1.50 and a beta of 1.29. The firm’s 50 day moving average price is $32.83 and its 200-day moving average price is $30.57. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.50 and a current ratio of 2.06. Axalta Coating Systems has a 52-week low of $26.28 and a 52-week high of $37.72.

Axalta Coating Systems (NYSE:AXTAGet Free Report) last announced its earnings results on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). Axalta Coating Systems had a net margin of 7.39% and a return on equity of 23.60%. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same period last year, the business posted $0.60 EPS. The firm’s revenue was down 3.7% compared to the same quarter last year. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. Sell-side analysts forecast that Axalta Coating Systems will post 2.55 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Westwood Holdings Group Inc. increased its position in shares of Axalta Coating Systems by 22.2% in the second quarter. Westwood Holdings Group Inc. now owns 717,059 shares of the specialty chemicals company’s stock valued at $21,289,000 after buying an additional 130,347 shares in the last quarter. Wedge Capital Management L L P NC lifted its position in shares of Axalta Coating Systems by 23.9% during the 3rd quarter. Wedge Capital Management L L P NC now owns 166,639 shares of the specialty chemicals company’s stock valued at $4,769,000 after buying an additional 32,196 shares in the last quarter. CWM LLC grew its stake in Axalta Coating Systems by 211.8% in the 3rd quarter. CWM LLC now owns 141,253 shares of the specialty chemicals company’s stock valued at $4,043,000 after acquiring an additional 95,950 shares during the period. Locust Wood Capital Advisers LLC increased its holdings in Axalta Coating Systems by 7.1% in the 3rd quarter. Locust Wood Capital Advisers LLC now owns 3,472,354 shares of the specialty chemicals company’s stock worth $99,379,000 after acquiring an additional 231,498 shares in the last quarter. Finally, Schroder Investment Management Group increased its holdings in Axalta Coating Systems by 56.0% in the 2nd quarter. Schroder Investment Management Group now owns 645,464 shares of the specialty chemicals company’s stock worth $19,280,000 after acquiring an additional 231,721 shares in the last quarter. 98.28% of the stock is owned by institutional investors and hedge funds.

Axalta Coating Systems Company Profile

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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.

Further Reading

Analyst Recommendations for Axalta Coating Systems (NYSE:AXTA)

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