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

Axalta Coating Systems (NYSE:AXTA) had its price target raised by equities researchers at Mizuho from $32.00 to $39.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the specialty chemicals company’s stock. Mizuho’s target price would indicate a potential upside of 14.02% from the stock’s current price.

Several other equities analysts have also recently commented on the stock. UBS Group boosted their price target on shares of Axalta Coating Systems from $31.00 to $32.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Citigroup initiated coverage on Axalta Coating Systems in a research report on Thursday, June 4th. They set a “buy” rating and a $44.00 price objective for the company. The Goldman Sachs Group set a $36.00 target price on Axalta Coating Systems in a research note on Friday, May 1st. Wells Fargo & Company lowered Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $39.00 to $30.00 in a research report on Friday, April 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Axalta Coating Systems in a research note on Tuesday, June 16th. Four equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, Axalta Coating Systems currently has a consensus rating of “Hold” and a consensus target price of $34.85.

Axalta Coating Systems Price Performance

Shares of AXTA opened at $34.21 on Wednesday. The business’s 50-day moving average is $30.75 and its 200-day moving average is $31.10. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.10 and a quick ratio of 1.53. The company has a market capitalization of $7.32 billion, a price-to-earnings ratio of 20.00, a P/E/G ratio of 1.78 and a beta of 1.25. Axalta Coating Systems has a fifty-two week low of $24.94 and a fifty-two week high of $35.72.

Axalta Coating Systems (NYSE:AXTA) last announced its quarterly earnings data on Thursday, April 30th. The specialty chemicals company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.06. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.21 billion. Axalta Coating Systems had a net margin of 7.22% and a return on equity of 22.37%. The firm’s revenue was down .6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.59 earnings per share. 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. Equities research analysts expect that Axalta Coating Systems will post 2.58 EPS for the current fiscal year.

Institutional Trading of Axalta Coating Systems

Large investors have recently made changes to their positions in the stock. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of Axalta Coating Systems by 11.6% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 17,456,984 shares of the specialty chemicals company’s stock valued at $564,035,000 after acquiring an additional 1,815,715 shares in the last quarter. Artisan Partners Limited Partnership raised its position in shares of Axalta Coating Systems by 887.2% in the fourth quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company’s stock valued at $406,328,000 after purchasing an additional 11,301,977 shares during the period. Millennium Management LLC lifted its stake in shares of Axalta Coating Systems by 475.3% in the third quarter. Millennium Management LLC now owns 7,838,111 shares of the specialty chemicals company’s stock worth $224,327,000 after buying an additional 6,475,786 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Axalta Coating Systems by 10.9% in the first quarter. Dimensional Fund Advisors LP now owns 7,695,348 shares of the specialty chemicals company’s stock worth $213,143,000 after buying an additional 754,098 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of Axalta Coating Systems by 64.9% during the 3rd quarter. AQR Capital Management LLC now owns 3,825,946 shares of the specialty chemicals company’s stock worth $107,739,000 after buying an additional 1,506,083 shares during the period. 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.