Axalta Coating Systems Ltd. (NYSE:AXTA) Receives $35.56 Consensus PT from Brokerages

Axalta Coating Systems Ltd. (NYSE:AXTA) has received an average recommendation of “Hold” from the nineteen analysts that are covering the company, Marketbeat Ratings reports. Twelve analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $35.5625.

Several analysts recently issued reports on the stock. Bank of America decreased their price objective on shares of Axalta Coating Systems from $42.00 to $41.00 and set a “buy” rating for the company in a report on Tuesday, October 14th. Wells Fargo & Company upped their price target on shares of Axalta Coating Systems from $38.00 to $39.00 and gave the company an “overweight” rating in a report on Wednesday, October 29th. Royal Bank Of Canada reaffirmed 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. Mizuho cut their price objective on Axalta Coating Systems from $35.00 to $33.00 and set an “outperform” rating for the company in a research report on Friday, October 3rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Axalta Coating Systems in a research note on Wednesday.

Axalta Coating Systems Stock Performance

Shares of NYSE AXTA opened at $33.62 on Friday. The business’s 50-day simple moving average is $31.38 and its 200-day simple moving average is $30.11. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.59 and a current ratio of 2.20. Axalta Coating Systems has a 52 week low of $26.28 and a 52 week high of $38.37. The firm has a market cap of $7.17 billion, a price-to-earnings ratio of 16.08, a P/E/G ratio of 1.36 and a beta of 1.29.

Axalta Coating Systems (NYSE:AXTA) last posted its earnings results on Tuesday, October 28th. The specialty chemicals company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.03. Axalta Coating Systems had a return on equity of 24.92% and a net margin of 8.81%.The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the previous year, the company earned $0.59 EPS. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. 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. As a group, equities research analysts expect that Axalta Coating Systems will post 2.55 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Axalta Coating Systems

Several hedge funds and other institutional investors have recently modified their holdings of AXTA. Eagle Bay Advisors LLC purchased a new stake in shares of Axalta Coating Systems during the 4th quarter valued at approximately $30,000. Cullen Frost Bankers Inc. purchased a new position in shares of Axalta Coating Systems in the second quarter valued at $37,000. IFP Advisors Inc purchased a new stake in Axalta Coating Systems during the 2nd quarter worth about $39,000. FNY Investment Advisers LLC bought a new stake in shares of Axalta Coating Systems during the second quarter valued at about $49,000. Finally, True Wealth Design LLC boosted its position in shares of Axalta Coating Systems by 1,533.6% in the third quarter. True Wealth Design LLC now owns 1,797 shares of the specialty chemicals company’s stock valued at $51,000 after acquiring an additional 1,687 shares during the period. Institutional investors and hedge funds 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.