Mizuho Issues Pessimistic Forecast for Axalta Coating Systems (NYSE:AXTA) Stock Price

Axalta Coating Systems (NYSE:AXTAGet Free Report) had its price target reduced by stock analysts at Mizuho from $39.00 to $32.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an “outperform” rating on the specialty chemicals company’s stock. Mizuho’s price objective would indicate a potential upside of 18.78% from the company’s previous close.

Several other equities analysts have also issued reports on the company. BMO Capital Markets reaffirmed a “market perform” rating and set a $35.00 price target on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Citigroup boosted their price objective on Axalta Coating Systems from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. The Goldman Sachs Group upped their target price on shares of Axalta Coating Systems from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. UBS Group reaffirmed a “neutral” rating and issued a $36.00 target price on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Seven research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $36.13.

View Our Latest Stock Report on AXTA

Axalta Coating Systems Stock Performance

AXTA stock opened at $26.94 on Monday. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.06 and a quick ratio of 1.50. The company has a 50 day moving average price of $32.07 and a 200 day moving average price of $30.63. Axalta Coating Systems has a fifty-two week low of $24.94 and a fifty-two week high of $35.72. The stock has a market capitalization of $5.75 billion, a PE ratio of 15.48, a price-to-earnings-growth ratio of 1.16 and a beta of 1.29.

Axalta Coating Systems (NYSE:AXTAGet Free Report) last posted its quarterly earnings data 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). The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.27 billion. Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.The firm’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 EPS. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. Analysts forecast that Axalta Coating Systems will post 2.55 EPS for the current year.

Hedge Funds Weigh In On Axalta Coating Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Verdence Capital Advisors LLC increased its stake in shares of Axalta Coating Systems by 2.0% in the 4th quarter. Verdence Capital Advisors LLC now owns 17,166 shares of the specialty chemicals company’s stock valued at $555,000 after acquiring an additional 330 shares during the last quarter. Global Retirement Partners LLC boosted its stake in Axalta Coating Systems by 4.2% during the 3rd quarter. Global Retirement Partners LLC now owns 11,478 shares of the specialty chemicals company’s stock worth $328,000 after acquiring an additional 464 shares during the last quarter. GAMMA Investing LLC grew its holdings in Axalta Coating Systems by 42.9% during the fourth quarter. GAMMA Investing LLC now owns 1,678 shares of the specialty chemicals company’s stock valued at $54,000 after purchasing an additional 504 shares during the period. Principal Securities Inc. increased its stake in Axalta Coating Systems by 7.5% in the fourth quarter. Principal Securities Inc. now owns 7,292 shares of the specialty chemicals company’s stock valued at $236,000 after purchasing an additional 511 shares in the last quarter. Finally, Park Avenue Securities LLC increased its stake in Axalta Coating Systems by 2.2% in the fourth quarter. Park Avenue Securities LLC now owns 26,707 shares of the specialty chemicals company’s stock valued at $863,000 after purchasing an additional 576 shares in the last quarter. Institutional investors own 98.28% of the company’s stock.

About Axalta Coating Systems

(Get Free Report)

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)

Receive News & Ratings for Axalta Coating Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axalta Coating Systems and related companies with MarketBeat.com's FREE daily email newsletter.