Axalta Coating Systems Ltd. (NYSE:AXTA – Free Report) – Research analysts at Seaport Res Ptn increased their Q1 2026 earnings per share estimates for shares of Axalta Coating Systems in a note issued to investors on Monday, August 4th. Seaport Res Ptn analyst M. Harrison now expects that the specialty chemicals company will earn $0.67 per share for the quarter, up from their previous estimate of $0.65. The consensus estimate for Axalta Coating Systems’ current full-year earnings is $2.55 per share. Seaport Res Ptn also issued estimates for Axalta Coating Systems’ Q2 2026 earnings at $0.70 EPS and FY2026 earnings at $2.81 EPS.
A number of other brokerages have also issued reports on AXTA. The Goldman Sachs Group cut their price target on shares of Axalta Coating Systems from $46.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, May 14th. Wells Fargo & Company dropped their price objective on shares of Axalta Coating Systems from $40.00 to $39.00 and set an “overweight” rating on the stock in a report on Tuesday, July 1st. BNP Paribas raised Axalta Coating Systems from a “neutral” rating to an “outperform” rating and set a $38.00 target price on the stock in a research report on Thursday, April 10th. Wall Street Zen cut Axalta Coating Systems from a “buy” rating to a “hold” rating in a research report on Thursday, May 8th. Finally, Morgan Stanley reduced their price objective on Axalta Coating Systems from $40.00 to $36.00 and set an “equal weight” rating for the company in a research note on Thursday, May 8th. Seven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $37.71.
Axalta Coating Systems Price Performance
NYSE AXTA opened at $28.66 on Tuesday. Axalta Coating Systems has a 12-month low of $27.58 and a 12-month high of $41.65. The firm’s fifty day simple moving average is $29.95 and its two-hundred day simple moving average is $32.52. The company has a current ratio of 2.12, a quick ratio of 1.53 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $6.21 billion, a P/E ratio of 14.05, a P/E/G ratio of 1.34 and a beta of 1.27.
Axalta Coating Systems (NYSE:AXTA – Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The specialty chemicals company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.33 billion. Axalta Coating Systems had a return on equity of 25.32% and a net margin of 8.58%. The firm’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.57 earnings per share.
Hedge Funds Weigh In On Axalta Coating Systems
A number of hedge funds have recently modified their holdings of the business. Fuller & Thaler Asset Management Inc. raised its position in Axalta Coating Systems by 54.9% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 5,587,090 shares of the specialty chemicals company’s stock valued at $191,190,000 after purchasing an additional 1,980,296 shares during the period. Nuveen LLC purchased a new position in shares of Axalta Coating Systems during the first quarter worth $57,682,000. SG Americas Securities LLC acquired a new stake in shares of Axalta Coating Systems in the first quarter valued at $55,876,000. Balyasny Asset Management L.P. purchased a new stake in shares of Axalta Coating Systems in the 4th quarter valued at $56,215,000. Finally, Millennium Management LLC raised its holdings in shares of Axalta Coating Systems by 89.0% in the 1st quarter. Millennium Management LLC now owns 3,087,211 shares of the specialty chemicals company’s stock valued at $102,403,000 after buying an additional 1,453,551 shares during the period. 98.28% of the stock is currently owned by hedge funds and other institutional investors.
Axalta Coating Systems Company Profile
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.
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