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

Axalta Coating Systems Ltd. (NYSE:AXTA) has been given an average recommendation of “Hold” by the sixteen brokerages that are currently covering the firm, MarketBeat reports. Twelve analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $34.1538.

Several analysts have recently weighed in on the stock. UBS Group lifted their price target on shares of Axalta Coating Systems from $31.00 to $32.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Royal Bank Of Canada decreased their price target on shares of Axalta Coating Systems from $31.00 to $29.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 5th. Citigroup decreased their price target on shares of Axalta Coating Systems from $45.00 to $42.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. BMO Capital Markets reaffirmed a “market perform” rating and set a $35.00 price target on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Finally, Mizuho decreased their price target on shares of Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd.

Axalta Coating Systems Stock Down 1.3%

Shares of NYSE:AXTA opened at $30.38 on Thursday. Axalta Coating Systems has a 1 year low of $24.94 and a 1 year high of $35.72. The business has a 50 day simple moving average of $28.35 and a two-hundred day simple moving average of $30.50. The firm has a market capitalization of $6.50 billion, a PE ratio of 17.77, a price-to-earnings-growth ratio of 1.61 and a beta of 1.24. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.10 and a quick ratio of 1.53.

Axalta Coating Systems (NYSE:AXTA) last announced its earnings results on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share (EPS) 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 analyst estimates of $1.21 billion. During the same quarter in the previous year, the business earned $0.59 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts predict that Axalta Coating Systems will post 2.58 EPS for the current year.

Institutional Trading of Axalta Coating Systems

Institutional investors and hedge funds have recently modified their holdings of the stock. Barrow Hanley Mewhinney & Strauss LLC raised its stake in Axalta Coating Systems by 11.6% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 17,456,984 shares of the specialty chemicals company’s stock worth $564,035,000 after buying an additional 1,815,715 shares in the last quarter. Artisan Partners Limited Partnership raised its stake in Axalta Coating Systems by 887.2% in the fourth quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company’s stock worth $406,328,000 after buying an additional 11,301,977 shares in the last quarter. Millennium Management LLC raised its stake in Axalta Coating Systems by 475.3% in the third quarter. Millennium Management LLC now owns 7,838,111 shares of the specialty chemicals company’s stock worth $224,327,000 after buying an additional 6,475,786 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Axalta Coating Systems by 10.9% in the first quarter. Dimensional Fund Advisors LP now owns 7,695,348 shares of the specialty chemicals company’s stock worth $213,143,000 after buying an additional 754,098 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in Axalta Coating Systems by 64.9% in the third quarter. AQR Capital Management LLC now owns 3,825,946 shares of the specialty chemicals company’s stock worth $107,739,000 after buying an additional 1,506,083 shares in the last quarter. Institutional investors own 98.28% of the company’s stock.

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.