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 brokerages have issued twelve-month target prices for Axalta Coating Systems' shares. Their AXTA share price targets range from $31.00 to $45.00. On average, they expect the company's stock price to reach $38.00 in the next year. 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 start of the year. Since then, AXTA stock has increased by 4.4% and is now trading at $35.48. View the best growth stocks for 2024 here .

Are investors shorting Axalta Coating Systems?

Axalta Coating Systems saw a increase in short interest in 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 trading volume of 2,010,000 shares, the short-interest ratio is presently 3.3 days. Currently, 3.1% of the company's stock are sold short. 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) issued its quarterly earnings results on Wednesday, May, 1st. The specialty chemicals company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.08. The specialty chemicals company earned $1.30 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.35 earnings per share.

What ETFs hold Axalta Coating Systems' stock?

ETFs with the largest weight of Axalta Coating Systems (NYSE:AXTA) stock in their portfolio include ProShares Smart Materials ETF (TINT) , Schwab Ariel ESG ETF (SAEF) , WisdomTree U.S. Growth & Momentum Fund (WGRO) , BlackRock Large Cap Core ETF (BLCR) , John Hancock Fundamental All Cap Core ETF (JHAC) , JPMorgan Active Value ETF (JAVA) , Zacks Small/Mid Cap Core Portfolio ETF (SMIZ) and Vanguard Materials ETF (VAW) .

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 IPO 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 served 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 variety of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (1.45%), Vaughan Nelson Investment Management L.P. (0.72%), Leeward Investments LLC MA (0.39%), Principal Financial Group Inc. (0.38%), Perpetual Ltd (0.31%) and BNP Paribas Financial Markets (0.19%). 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 .

NYSE:AXTA

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

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$35.48

+0.28 (+0.80%)

(As of 05/6/2024 ET)

Compare

Today's Range: $35.21
▼
$35.59
50-Day Range: $30.87
▼
$35.48
52-Week Range: $25.03
▼
$35.59

Volume: 2.34 million shs
Average Volume: 2.15 million shs
Market Capitalization: $7.83 billion

P/E Ratio: 31.96
Dividend Yield: N/A
Price Target: $38.00

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Axalta Coating Systems MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 7.1% Upside
$38.00 Price Target
Short Interest: Healthy
3.05% of Float Sold Short
Dividend Strength: N/A
Sustainability: -6.44
Upright™ Environmental Score
News Sentiment: 0.69
Based on 55 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 11.56%
From $1.99 to $2.22 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.

3.67 out of 5 stars

Basic Materials Sector

73rd out of 172 stocks

Paints & Allied Products Industry

2nd out of 3 stocks

2.3

Analyst's Opinion

Consensus Rating
Axalta Coating Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 9 buy ratings, 4 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Axalta Coating Systems has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
3.05% of the float of Axalta Coating Systems has been sold short.
Short Interest Ratio / Days to Cover
Axalta Coating Systems has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Axalta Coating Systems has recently increased by 14.97%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Axalta Coating Systems does not currently pay a dividend.
Dividend Growth
Axalta Coating Systems does not have a long track record of dividend growth.

0.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Axalta Coating Systems has received a -96.64% net impact score from Upright. The largest negative impact of Axalta Coating Systems in category "GHG emissions" seems to be driven mostly by its "Vehicle paint", "Industrial paints for wood", and "Industrial coatings" products. See details.
Environmental Sustainability
The Environmental Impact score for Axalta Coating Systems is -6.44.

2.6

News and Social Media Coverage

News Sentiment
Axalta Coating Systems has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 55 news articles for Axalta Coating Systems this week, compared to 6 articles on an average week.
Search Interest
Only 2 people have searched for AXTA on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Axalta Coating Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Axalta Coating Systems insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.40% of the stock of Axalta Coating Systems is held by insiders.
Percentage Held by Institutions
98.28% of the stock of Axalta Coating Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Axalta Coating Systems are expected to grow by 11.56% in the coming year, from $1.99 to $2.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Axalta Coating Systems is 31.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.34.
Price to Earnings Ratio vs. Sector
The P/E ratio of Axalta Coating Systems is 31.96, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 136.68.
Price to Earnings Growth Ratio
Axalta Coating Systems has a PEG Ratio of 1.01. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Axalta Coating Systems has a P/B Ratio of 4.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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.