Axalta Coating Systems Ltd. (NYSE:AXTA) Receives $36.00 Average Target Price from Brokerages

Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) have been assigned a consensus recommendation of “Hold” from the fourteen brokerages that are covering the stock, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $36.00.

AXTA has been the topic of several recent research reports. Wall Street Zen downgraded shares of Axalta Coating Systems from a “strong-buy” rating to a “buy” rating in a report on Monday, August 10th. Weiss Ratings upgraded shares of Axalta Coating Systems from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Mizuho boosted their price target on shares of Axalta Coating Systems from $32.00 to $39.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Royal Bank Of Canada upped their price target 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. Finally, UBS Group reaffirmed a “neutral” rating on shares of Axalta Coating Systems in a report on Wednesday, July 29th.

Institutional Trading of Axalta Coating Systems

A number of institutional investors have recently added to or reduced their stakes in the stock. Principal Securities Inc. increased its position in shares of Axalta Coating Systems by 7.5% during the fourth quarter. Principal Securities Inc. now owns 7,292 shares of the specialty chemicals company’s stock valued at $236,000 after buying an additional 511 shares during the period. IFP Advisors Inc grew its stake in Axalta Coating Systems by 65.9% during the fourth quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company’s stock valued at $47,000 after acquiring an additional 577 shares in the last quarter. Covestor Ltd increased its holdings in Axalta Coating Systems by 197.7% during the 4th quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock worth $29,000 after acquiring an additional 603 shares during the period. Allworth Financial LP increased its holdings in Axalta Coating Systems by 31.9% during the 4th quarter. Allworth Financial LP now owns 3,173 shares of the specialty chemicals company’s stock worth $103,000 after acquiring an additional 768 shares during the period. Finally, Mint Tower Capital Management B.V. purchased a new stake in Axalta Coating Systems in the 2nd quarter worth approximately $31,000. Hedge funds and other institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Trading Up 0.3%

NYSE:AXTA opened at $35.88 on Friday. Axalta Coating Systems has a 12 month low of $24.94 and a 12 month high of $38.61. The company has a current ratio of 1.53, a quick ratio of 1.12 and a debt-to-equity ratio of 0.99. The firm’s 50 day moving average is $35.14 and its 200 day moving average is $31.83. The stock has a market capitalization of $7.68 billion, a PE ratio of 22.15, a price-to-earnings-growth ratio of 1.65 and a beta of 1.24.

Axalta Coating Systems (NYSE:AXTA) last released its earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.07. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.31 billion. Axalta Coating Systems had a return on equity of 22.35% and a net margin of 6.78%.The business’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 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. Sell-side analysts expect that Axalta Coating Systems will post 2.64 earnings per share for the current year.

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.