Axalta Coating Systems Ltd. (NYSE:AXTA) Receives Average Recommendation of “Hold” from Brokerages

Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) have received a consensus rating of “Hold” from the nineteen research firms that are currently covering the firm, MarketBeat reports. Twelve equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $36.5625.

AXTA has been the subject of several research analyst reports. Royal Bank Of Canada boosted their price objective on Axalta Coating Systems from $33.00 to $35.00 and gave the company a “sector perform” rating in a report on Thursday, February 12th. Citigroup boosted their target price on shares of Axalta Coating Systems from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. UBS Group reissued a “neutral” rating and set a $36.00 target price on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Robert W. Baird set a $37.00 price target on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Axalta Coating Systems in a report on Wednesday, February 11th.

Institutional Investors Weigh In On Axalta Coating Systems

Several hedge funds and other institutional investors have recently bought and sold shares of AXTA. Covestor Ltd grew its position in Axalta Coating Systems by 197.7% in the fourth quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock worth $29,000 after buying an additional 603 shares during the last quarter. Eagle Bay Advisors LLC acquired a new position in shares of Axalta Coating Systems in the 4th quarter worth $30,000. Summit Securities Group LLC acquired a new stake in shares of Axalta Coating Systems during the fourth quarter worth $32,000. Los Angeles Capital Management LLC acquired a new position in shares of Axalta Coating Systems in the 4th quarter valued at $35,000. Finally, IFP Advisors Inc increased its stake in Axalta Coating Systems by 65.9% in the 4th quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company’s stock worth $47,000 after purchasing an additional 577 shares in the last quarter. 98.28% of the stock is currently owned by institutional investors.

Axalta Coating Systems Price Performance

Axalta Coating Systems stock opened at $27.58 on Friday. The stock has a market capitalization of $5.88 billion, a P/E ratio of 15.85, a P/E/G ratio of 1.22 and a beta of 1.29. Axalta Coating Systems has a 12-month low of $26.28 and a 12-month high of $35.72. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.06 and a quick ratio of 1.50. The firm’s 50-day moving average is $32.90 and its two-hundred day moving average is $30.85.

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

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.