Axalta Coating Systems Ltd. (NYSE:AXTA – Get Free Report) has been assigned an average recommendation of “Hold” from the fourteen ratings firms that are presently covering the firm, MarketBeat reports. Nine analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $36.8462.
Several research analysts have recently commented on AXTA shares. Royal Bank Of Canada raised their price objective on shares of Axalta Coating Systems from $34.00 to $36.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 8th. UBS Group reaffirmed a “neutral” rating on shares of Axalta Coating Systems in a research note on Wednesday, July 29th. Mizuho increased their target price on shares of Axalta Coating Systems from $32.00 to $39.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Citigroup initiated coverage on shares of Axalta Coating Systems in a research report on Thursday, June 4th. They issued a “buy” rating and a $44.00 price target for the company. Finally, Robert W. Baird raised their price target on shares of Axalta Coating Systems from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th.
Read Our Latest Analysis on AXTA
Axalta Coating Systems Price Performance
Axalta Coating Systems (NYSE:AXTA – Get Free Report) last announced its earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 22.35% and a net margin of 6.78%.Axalta Coating Systems’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period last year, the business posted $0.64 EPS. 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. As a group, sell-side analysts expect that Axalta Coating Systems will post 2.64 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Principal Securities Inc. raised its position in Axalta Coating Systems by 7.5% in the 4th quarter. Principal Securities Inc. now owns 7,292 shares of the specialty chemicals company’s stock valued at $236,000 after purchasing an additional 511 shares in the last quarter. IFP Advisors Inc boosted its stake in shares of Axalta Coating Systems by 65.9% in the 4th quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company’s stock valued at $47,000 after buying an additional 577 shares during the period. Covestor Ltd grew its position 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 worth $29,000 after buying an additional 603 shares in the last quarter. Allworth Financial LP grew its position in shares of Axalta Coating Systems by 31.9% during the fourth quarter. Allworth Financial LP now owns 3,173 shares of the specialty chemicals company’s stock worth $103,000 after buying an additional 768 shares in the last quarter. Finally, Mint Tower Capital Management B.V. purchased a new stake in shares of Axalta Coating Systems during the second quarter worth approximately $31,000. 98.28% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting Axalta Coating Systems
Here are the key news stories impacting Axalta Coating Systems this week:
- Positive Sentiment: KeyCorp initiated coverage with an “overweight” rating and a $47 price target, implying substantial upside from the recent trading level. The bullish rating is likely the main catalyst supporting AXTA’s move higher. KeyCorp initiates coverage of Axalta Coating Systems
- Positive Sentiment: KeyCorp expects Axalta to earn approximately $3.00 per share in fiscal 2027 and $3.20 in fiscal 2028, well above the current-year consensus estimate of $2.64. The projections suggest confidence in longer-term earnings growth and could support investor interest.
- Neutral Sentiment: KeyCorp’s quarterly estimates call for $0.72 EPS in the third quarter of 2026 and $0.67 EPS in the fourth quarter. These forecasts provide an updated earnings framework but do not represent a change to company guidance.
- Neutral Sentiment: A Zacks comparison examines whether Axalta or Hawkins (HWKN) offers the better value among specialty chemical stocks. The article may influence value-focused investors, although the provided report does not identify a definitive winner or announce a fundamental change at Axalta. AXTA versus HWKN value comparison
Axalta Coating Systems Company Profile
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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