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

Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) have been given an average recommendation of “Hold” by the sixteen ratings firms that are presently covering the firm, Marketbeat.com reports. Twelve research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $35.3846.

AXTA has been the topic of several research analyst reports. The Goldman Sachs Group set a $36.00 price objective on Axalta Coating Systems in a research report on Friday, May 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Axalta Coating Systems in a research note on Tuesday, June 16th. Royal Bank Of Canada lifted their target price on Axalta Coating Systems from $34.00 to $36.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 8th. Citigroup started coverage on shares of Axalta Coating Systems in a research report on Thursday, June 4th. They set a “buy” rating and a $44.00 price target for the company. Finally, Mizuho increased their price objective on Axalta Coating Systems from $32.00 to $39.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st.

Axalta Coating Systems Trading Up 1.4%

Shares of AXTA stock opened at $32.87 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.53 and a current ratio of 2.10. The company has a market capitalization of $7.04 billion, a price-to-earnings ratio of 19.22, a PEG ratio of 1.69 and a beta of 1.24. Axalta Coating Systems has a 52-week low of $24.94 and a 52-week high of $35.72. The company has a 50-day simple moving average of $31.83 and a two-hundred day simple moving average of $31.23.

Axalta Coating Systems (NYSE:AXTA) last posted its earnings results on Thursday, April 30th. The specialty chemicals company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.50 by $0.06. Axalta Coating Systems had a net margin of 7.22% and a return on equity of 22.37%. The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter last year, the firm earned $0.59 EPS. The company’s quarterly revenue was down .6% compared to the same quarter last year. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.70 EPS and its Q2 2026 guidance at 0.650-0.65 EPS. Research analysts anticipate that Axalta Coating Systems will post 2.58 EPS for the current fiscal year.

Institutional Investors Weigh In On Axalta Coating Systems

Several large investors have recently added to or reduced their stakes in the company. Artisan Partners Limited Partnership boosted its position in Axalta Coating Systems by 887.2% during the fourth quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company’s stock worth $406,328,000 after purchasing an additional 11,301,977 shares during the period. Channing Capital Management LLC raised its position in shares of Axalta Coating Systems by 672.6% in the fourth quarter. Channing Capital Management LLC now owns 3,037,990 shares of the specialty chemicals company’s stock valued at $98,157,000 after purchasing an additional 2,644,783 shares during the period. Empyrean Capital Partners LP purchased a new stake in shares of Axalta Coating Systems during the 4th quarter valued at approximately $66,236,000. UBS Group AG lifted its stake in shares of Axalta Coating Systems by 207.4% during the 4th quarter. UBS Group AG now owns 2,902,507 shares of the specialty chemicals company’s stock valued at $93,780,000 after buying an additional 1,958,395 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Axalta Coating Systems by 36.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,941,250 shares of the specialty chemicals company’s stock valued at $224,282,000 after buying an additional 1,845,353 shares in the last quarter. Hedge funds and other institutional investors own 98.28% of the company’s stock.

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.