NYSE:AXTA

Axalta Coating Systems (AXTA) Stock Price, News & Analysis

$35.20
+0.37 (+1.06%)
(As of 04:26 PM ET)
Today's Range
$34.82
$35.31
50-Day Range
$30.87
$34.86
52-Week Range
$25.03
$35.31
Volume
3.94 million shs
Average Volume
2.14 million shs
Market Capitalization
$7.77 billion
P/E Ratio
31.71
Dividend Yield
N/A
Price Target
$37.54

Axalta Coating Systems MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
7.1% Upside
$37.54 Price Target
Short Interest
Healthy
3.05% of Float Sold Short
Dividend Strength
N/A
Sustainability
-6.44
Upright™ Environmental Score
News Sentiment
0.55mentions of Axalta Coating Systems in the last 14 days
Based on 39 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.11%
From $1.90 to $2.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.33 out of 5 stars

Basic Materials Sector

66th out of 172 stocks

Paints & Allied Products Industry

2nd out of 3 stocks

AXTA stock logo

About Axalta Coating Systems Stock (NYSE:AXTA)

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings. It also offers water and solvent-borne products and systems to repair damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops. In addition, the company provides functional and decorative liquid, and powder coatings used in various industrial applications, including building materials, cabinet, wood and luxury vinyl flooring and furniture market under the Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Ceranamel, Industrial, Corlar Industrial, Tufcote, Imron Industrial, Alesta, Teodur, Nap-Gard, Abcite, and Plascoat brands for powder coatings. Further, it develops and supplies electrocoat, primer, the basecoat, and clearcoat products for OEMs of light and commercial vehicles; and coatings systems for various commercial applications, including HDT, MDT, bus, and rail under the Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands. The company offers products under the Audurra, Abcite, Alesta, AquaEC, Centari, Ceranamel, Challenger, Chemophan, ColorNet, Cromax, Cromax Mosaic, Durapon 70, Duxone, Harmonized Coating Technologies, Imron ExcelPro, Lutophen, Nason, Spies Hecker, Standox, Stollaquid, Syntopal, Syrox, Raptor, U-POL, and Vermeera brand names. The company was formerly known as Axalta Coating Systems Bermuda Co., Ltd. and changed its name to Axalta Coating Systems Ltd. in August 2014. Axalta Coating Systems Ltd. was founded in 1866 and is headquartered in Glen Mills, Pennsylvania.

AXTA Stock Price History

AXTA Stock News Headlines

Rich Dad Poor Dad Author Shocks Millions With 2024 Crash Warning
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Q1 2024 Axalta Coating Systems Ltd Earnings Call
Rich Dad Poor Dad Author Shocks Millions With 2024 Crash Warning
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Axalta Coating Systems: Q1 Earnings Snapshot
Axalta Releases First Quarter 2024 Results
Here's what to expect from Axalta Coating Systems's earnings
Axalta Coating Systems Ltd
Wells Fargo Remains a Hold on Axalta Coating Systems (AXTA)
Axalta Coating Systems Ltd.
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/03/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Paints & allied products
Sub-Industry
N/A
Fax
N/A
Employees
12,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.54
High Stock Price Target
$45.00
Low Stock Price Target
$31.00
Potential Upside/Downside
+7.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
14 Analysts

Profitability

Net Income
$267.40 million
Pretax Margin
6.51%

Debt

Sales & Book Value

Annual Sales
$5.18 billion
Cash Flow
$2.91 per share
Book Value
$8.04 per share

Miscellaneous

Free Float
219,761,000
Market Cap
$7.69 billion
Optionable
Optionable
Beta
1.51
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Key Executives


AXTA Stock Analysis - Frequently Asked Questions

Should I buy or sell Axalta Coating Systems stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axalta Coating Systems in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AXTA shares.
View AXTA analyst ratings
or view top-rated stocks.

What is Axalta Coating Systems' stock price target for 2024?

14 equities research analysts have issued 12 month price objectives for Axalta Coating Systems' shares. Their AXTA share price targets range from $31.00 to $45.00. On average, they anticipate the company's stock price to reach $37.54 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price.
View analysts price targets for AXTA
or view top-rated stocks among Wall Street analysts.

How have AXTA shares performed in 2024?

Axalta Coating Systems' stock was trading at $33.97 at the beginning of the year. Since then, AXTA shares have increased by 3.1% and is now trading at $35.04.
View the best growth stocks for 2024 here
.

Are investors shorting Axalta Coating Systems?

Axalta Coating Systems saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 6,680,000 shares, an increase of 15.0% from the March 31st total of 5,810,000 shares. Based on an average daily volume of 2,010,000 shares, the short-interest ratio is presently 3.3 days. Currently, 3.1% of the company's stock are short sold.
View Axalta Coating Systems' Short Interest
.

When is Axalta Coating Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our AXTA earnings forecast
.

How were Axalta Coating Systems' earnings last quarter?

Axalta Coating Systems Ltd. (NYSE:AXTA) released its quarterly earnings data on Wednesday, May, 1st. The specialty chemicals company reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.08. The specialty chemicals company earned $1.30 billion during the quarter, compared to analysts' expectations of $1.29 billion. Axalta Coating Systems had a trailing twelve-month return on equity of 21.82% and a net margin of 4.77%. Axalta Coating Systems's revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.35 earnings per share.

What guidance has Axalta Coating Systems issued on next quarter's earnings?

Axalta Coating Systems issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of 1.900-2.000 for the period. The company issued revenue guidance of -.

What is Robert Bryant's approval rating as Axalta Coating Systems' CEO?

42 employees have rated Axalta Coating Systems Chief Executive Officer Robert Bryant on Glassdoor.com. Robert Bryant has an approval rating of 80% among the company's employees.

What other stocks do shareholders of Axalta Coating Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Axalta Coating Systems investors own include AT&T (T), Intel (INTC), AbbVie (ABBV), Micron Technology (MU), PPG Industries (PPG), Wells Fargo & Company (WFC), BlackRock (BLK), General Motors (GM), Johnson & Johnson (JNJ) and RTX (RTX).

When did Axalta Coating Systems IPO?

Axalta Coating Systems (AXTA) raised $975 million in an initial public offering on Wednesday, November 12th 2014. The company issued 50,000,000 shares at a price of $19.50 per share. Citigroup, Goldman Sachs, Deutsche Bank Securities, J.P. Morgan, BofA Merrill Lynch, Barclays, Credit Suisse and Morgan Stanley acted as the underwriters for the IPO and Jefferies, UBS Investment Bank, Baird, BB&T Capital Markets, Nomura and SMBC Nikko were co-managers.

Who are Axalta Coating Systems' major shareholders?

Axalta Coating Systems' stock is owned by a number of institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (0.72%), Leeward Investments LLC MA (0.39%), Principal Financial Group Inc. (0.38%), Perpetual Ltd (0.31%), BNP Paribas Financial Markets (0.19%) and Retirement Systems of Alabama (0.13%). Insiders that own company stock include Anthony Massey, Barry S Snyder, Brian A Berube, Chris Villavarayan, Deborah J Kissire, Hadi Awada, Jacqueline Scanlan, Kevin M Stein, Robert M Mclaughlin, Troy D Weaver and William M Cook.
View institutional ownership trends
.

How do I buy shares of Axalta Coating Systems?

Shares of AXTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AXTA) was last updated on 5/3/2024 by MarketBeat.com Staff

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