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

Axalta Coating Systems Ltd. (NYSE:AXTA) has been given a consensus recommendation of “Hold” by the fifteen brokerages that are presently covering the stock, MarketBeat.com reports. Eleven analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $35.6667.

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

Institutional Trading of Axalta Coating Systems

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Covestor Ltd grew its holdings in shares of Axalta Coating Systems by 197.7% during the fourth quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock valued at $29,000 after buying an additional 603 shares in the last quarter. Eagle Bay Advisors LLC acquired a new stake in Axalta Coating Systems in the fourth quarter valued at approximately $30,000. Cedar Mountain Advisors LLC bought a new stake in Axalta Coating Systems in the first quarter worth $30,000. Summit Securities Group LLC bought a new stake in shares of Axalta Coating Systems during the 4th quarter worth about $32,000. Finally, Los Angeles Capital Management LLC bought a new stake in Axalta Coating Systems during the fourth quarter worth approximately $35,000. 98.28% of the stock is owned by institutional investors and hedge funds.

Axalta Coating Systems Stock Performance

Shares of AXTA opened at $31.59 on Friday. The company has a quick ratio of 1.53, a current ratio of 2.10 and a debt-to-equity ratio of 1.27. The stock has a 50 day moving average price of $32.23 and a 200 day moving average price of $31.22. The company has a market capitalization of $6.76 billion, a price-to-earnings ratio of 18.47, a price-to-earnings-growth ratio of 1.60 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.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings data on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.06. Axalta Coating Systems had a return on equity of 22.37% and a net margin of 7.22%.The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the prior year, the company earned $0.59 earnings per share. The company’s 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 predict that Axalta Coating Systems will post 2.59 EPS for the current fiscal year.

About Axalta Coating Systems

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.