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

Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) have received an average rating of “Hold” from the seventeen ratings firms that are currently covering the firm, Marketbeat.com reports. Twelve research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $34.7143.

AXTA has been the topic of several recent analyst reports. Royal Bank Of Canada lowered their target price on shares of Axalta Coating Systems from $31.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Tuesday. BMO Capital Markets reissued a “market perform” rating and set a $35.00 target price on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. UBS Group increased their target price on shares of Axalta Coating Systems from $31.00 to $32.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Robert W. Baird set a $37.00 target price on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Finally, KeyCorp reissued a “sector weight” rating on shares of Axalta Coating Systems in a research note on Wednesday, February 11th.

Axalta Coating Systems Trading Down 0.0%

Axalta Coating Systems stock opened at $28.54 on Friday. The company has a current ratio of 2.10, a quick ratio of 1.53 and a debt-to-equity ratio of 1.27. Axalta Coating Systems has a 12 month low of $24.94 and a 12 month high of $35.72. The stock’s 50 day simple moving average is $28.67 and its two-hundred day simple moving average is $30.47. The firm has a market cap of $6.11 billion, a PE ratio of 16.69, a P/E/G ratio of 1.49 and a beta of 1.24.

Axalta Coating Systems (NYSE:AXTA) last released its quarterly earnings data on Thursday, April 30th. The specialty chemicals company reported $0.56 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the prior year, the firm posted $0.59 EPS. The business’s quarterly 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. Analysts anticipate that Axalta Coating Systems will post 2.58 earnings per share for the current year.

Institutional Investors Weigh In On Axalta Coating Systems

A number of institutional investors have recently added to or reduced their stakes in AXTA. Covestor Ltd grew its stake in Axalta Coating Systems by 197.7% in the 4th quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock valued at $29,000 after acquiring an additional 603 shares during the period. Eagle Bay Advisors LLC purchased a new position in Axalta Coating Systems in the 4th quarter valued at about $30,000. Cedar Mountain Advisors LLC purchased a new position in Axalta Coating Systems in the 1st quarter valued at about $30,000. Summit Securities Group LLC purchased a new position in Axalta Coating Systems in the 4th quarter valued at about $32,000. Finally, Los Angeles Capital Management LLC purchased a new position in Axalta Coating Systems in the 4th quarter valued at about $35,000. 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.