
Axalta Coating Systems Ltd. (NYSE:AXTA – Free Report) – KeyCorp issued their Q3 2026 earnings estimates for Axalta Coating Systems in a report issued on Thursday, September 10th. KeyCorp analyst S. Tiano forecasts that the specialty chemicals company will post earnings of $0.72 per share for the quarter. The consensus estimate for Axalta Coating Systems’ current full-year earnings is $2.64 per share. KeyCorp also issued estimates for Axalta Coating Systems’ Q4 2026 earnings at $0.67 EPS, FY2027 earnings at $3.00 EPS and FY2028 earnings at $3.20 EPS.
Axalta Coating Systems (NYSE:AXTA – Get Free Report) last posted its earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.07. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Axalta Coating Systems had a net margin of 6.78% and a return on equity of 22.35%. Axalta Coating Systems’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period last year, the company posted $0.64 earnings per share. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.700 EPS and its Q3 2026 guidance at 0.700-0.700 EPS.
View Our Latest Stock Analysis on Axalta Coating Systems
Axalta Coating Systems Stock Down 1.3%
Shares of AXTA stock opened at $34.00 on Friday. The stock has a market cap of $7.28 billion, a P/E ratio of 20.99, a PEG ratio of 1.59 and a beta of 1.24. Axalta Coating Systems has a 52 week low of $24.94 and a 52 week high of $38.61. The company has a quick ratio of 1.12, a current ratio of 1.53 and a debt-to-equity ratio of 0.99. The company’s fifty day simple moving average is $35.15 and its two-hundred day simple moving average is $31.83.
Hedge Funds Weigh In On Axalta Coating Systems
A number of institutional investors and hedge funds have recently made changes to their positions in AXTA. Covestor Ltd increased its holdings in shares of Axalta Coating Systems by 197.7% in the 4th quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock worth $29,000 after buying an additional 603 shares during the last quarter. Cedar Mountain Advisors LLC bought a new position in shares of Axalta Coating Systems in the 1st quarter valued at about $30,000. Mint Tower Capital Management B.V. purchased a new position in Axalta Coating Systems in the second quarter worth about $31,000. Summit Securities Group LLC purchased a new position in Axalta Coating Systems in the fourth 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 hedge funds and other institutional investors.
About Axalta Coating Systems
Axalta Coating Systems Ltd. is a global coatings company that develops, manufactures and sells protective, decorative and functional coatings. Its products are used by automotive manufacturers, vehicle repair and refinish businesses, industrial equipment producers, commercial transportation companies and other customers seeking to protect surfaces from corrosion, weathering and wear.
The company’s offerings include liquid and powder coatings, primers, clearcoats, electrocoat systems, sealants and other coating technologies.
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