Axalta Coating Systems (NYSE:AXTA) Sets New 1-Year Low – What’s Next?

Axalta Coating Systems Ltd. (NYSE:AXTA)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $25.21 and last traded at $25.6020, with a volume of 22511 shares traded. The stock had previously closed at $27.14.

Analysts Set New Price Targets

AXTA has been the topic of several recent analyst reports. Royal Bank Of Canada boosted their target price on shares of Axalta Coating Systems from $33.00 to $35.00 and gave the company a “sector perform” rating in a report on Thursday, February 12th. UBS Group reiterated a “neutral” rating and issued a $36.00 price objective on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Robert W. Baird set a $37.00 target price on Axalta Coating Systems in a research note on Wednesday, February 11th. The Goldman Sachs Group upped their price target on Axalta Coating Systems from $36.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $35.00 price objective on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, Axalta Coating Systems has an average rating of “Hold” and an average target price of $36.56.

Axalta Coating Systems Trading Down 5.2%

The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 1.33. The business has a 50-day simple moving average of $32.60 and a 200-day simple moving average of $30.77. The company has a market cap of $5.49 billion, a PE ratio of 14.82, a price-to-earnings-growth ratio of 1.23 and a beta of 1.29.

Axalta Coating Systems (NYSE:AXTA) last posted its earnings results on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.27 billion. Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.Axalta Coating Systems’s revenue was down 3.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 EPS. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. On average, analysts predict that Axalta Coating Systems Ltd. will post 2.55 EPS for the current fiscal year.

Institutional Investors Weigh In On Axalta Coating Systems

Several large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. boosted its position in Axalta Coating Systems by 4.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,161,682 shares of the specialty chemicals company’s stock valued at $38,533,000 after buying an additional 51,130 shares during the period. Jane Street Group LLC raised its stake in shares of Axalta Coating Systems by 29.0% in the first quarter. Jane Street Group LLC now owns 156,122 shares of the specialty chemicals company’s stock valued at $5,179,000 after acquiring an additional 35,092 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Axalta Coating Systems by 2.4% in the second quarter. PNC Financial Services Group Inc. now owns 62,068 shares of the specialty chemicals company’s stock valued at $1,843,000 after acquiring an additional 1,436 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Axalta Coating Systems by 0.3% in the second quarter. Geode Capital Management LLC now owns 3,849,202 shares of the specialty chemicals company’s stock valued at $114,301,000 after purchasing an additional 11,749 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey boosted its holdings in Axalta Coating Systems by 4.7% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 82,888 shares of the specialty chemicals company’s stock valued at $2,461,000 after purchasing an additional 3,736 shares during the period. 98.28% of the stock is owned by hedge funds and other institutional investors.

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.