Axalta Coating Systems Ltd. (NYSE:AXTA) Given Average Recommendation of “Moderate Buy” by Brokerages

Axalta Coating Systems Ltd. (NYSE:AXTA) has been given an average rating of “Moderate Buy” by the nineteen analysts that are covering the company, Marketbeat.com reports. Nine research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $36.0625.

A number of equities analysts recently commented on AXTA shares. Zacks Research raised shares of Axalta Coating Systems from a “strong sell” rating to a “hold” rating in a research report on Monday, September 8th. KeyCorp restated a “sector weight” rating on shares of Axalta Coating Systems in a research report on Wednesday, October 29th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $30.00 price target (down from $35.00) on shares of Axalta Coating Systems in a research report on Wednesday, November 19th. Citigroup increased their price target on Axalta Coating Systems from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Finally, Vertical Research set a $37.00 price objective on Axalta Coating Systems and gave the stock a “buy” rating in a research note on Wednesday, October 15th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cullen Frost Bankers Inc. acquired a new stake in Axalta Coating Systems during the second quarter worth about $37,000. IFP Advisors Inc acquired a new stake in shares of Axalta Coating Systems during the 2nd quarter worth approximately $39,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Axalta Coating Systems by 951.6% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,325 shares of the specialty chemicals company’s stock valued at $44,000 after acquiring an additional 1,199 shares during the last quarter. FNY Investment Advisers LLC bought a new position in Axalta Coating Systems in the second quarter valued at approximately $49,000. Finally, True Wealth Design LLC raised its position in Axalta Coating Systems by 1,533.6% during the third quarter. True Wealth Design LLC now owns 1,797 shares of the specialty chemicals company’s stock valued at $51,000 after purchasing an additional 1,687 shares in the last quarter. Institutional investors and hedge funds own 98.28% of the company’s stock.

Axalta Coating Systems Price Performance

Shares of NYSE AXTA opened at $29.97 on Thursday. The firm has a market cap of $6.39 billion, a P/E ratio of 14.34, a price-to-earnings-growth ratio of 1.19 and a beta of 1.29. The business’s 50 day moving average is $28.56 and its 200-day moving average is $29.70. 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 has a 1-year low of $26.28 and a 1-year high of $40.71.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings data on Tuesday, October 28th. The specialty chemicals company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 24.92% and a net margin of 8.81%.The company’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.59 EPS. 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. Equities research analysts predict that Axalta Coating Systems will post 2.55 earnings per share for the current year.

About Axalta Coating Systems

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings.