Axalta Coating Systems Ltd. (NYSE:AXTA) Stock Rated “Hold” by Wall Street Brokerages

Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) have received a consensus rating of “Hold” from the thirteen research firms that are covering the company, MarketBeat.com reports. Eight research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $37.58.

Several analysts have weighed in on the stock. Mizuho boosted their target price on shares of Axalta Coating Systems from $32.00 to $39.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. BMO Capital Markets reaffirmed a “market perform” rating on shares of Axalta Coating Systems in a report on Monday, September 21st. Weiss Ratings lowered shares of Axalta Coating Systems from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. KeyCorp reiterated an “overweight” rating on shares of Axalta Coating Systems in a research note on Monday. Finally, UBS Group cut their price objective on Axalta Coating Systems from $39.00 to $36.00 and set a “neutral” rating on the stock in a report on Monday.

Institutional Trading of Axalta Coating Systems

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in shares of Axalta Coating Systems in the second quarter worth about $668,541,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Axalta Coating Systems in the second quarter valued at approximately $599,029,000. Artisan Partners Limited Partnership boosted its position in Axalta Coating Systems by 887.2% in the 4th quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company’s stock worth $406,328,000 after purchasing an additional 11,301,977 shares in the last quarter. Lakewood Capital Management LP purchased a new stake in Axalta Coating Systems in the 2nd quarter worth approximately $117,157,000. Finally, Parsifal Capital Management LP purchased a new position in shares of Axalta Coating Systems during the 2nd quarter valued at approximately $82,069,655. Institutional investors and hedge funds own 98.28% of the company’s stock.

Axalta Coating Systems Stock Performance

Shares of AXTA opened at $33.46 on Wednesday. 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 has a market cap of $7.16 billion, a PE ratio of 20.66, a P/E/G ratio of 1.51 and a beta of 1.26. Axalta Coating Systems has a 12 month low of $24.94 and a 12 month high of $38.61. The stock has a fifty day moving average price of $35.04 and a 200-day moving average price of $32.11.

Axalta Coating Systems (NYSE:AXTA) last released its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.07. Axalta Coating Systems had a return on equity of 22.35% and a net margin of 6.78%.The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period last year, the business posted $0.64 earnings per share. The firm’s revenue was up 3.1% compared to the same quarter last year. 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. Equities research analysts predict that Axalta Coating Systems will post 2.63 earnings per share for the current fiscal year.

About Axalta Coating Systems

Axalta Coating Systems Ltd. is a global coatings company that develops, manufactures and sells liquid and powder coatings for transportation, industrial and commercial applications. Its products are designed to provide protection, durability, color and other performance characteristics for vehicles, equipment, buildings and manufactured goods.

The company serves the automotive refinish market with coatings, color-matching technology and related products used to repair and restore vehicle finishes.