Shares of Axalta Coating Systems Ltd. (NYSE:AXTA – Get Free Report) have been assigned a consensus recommendation of “Hold” from the nineteen ratings firms that are covering the company, Marketbeat reports. Twelve equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $36.1250.
Several research firms have recently weighed in on AXTA. BMO Capital Markets reaffirmed a “market perform” rating and issued a $35.00 price target on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Mizuho decreased their price target on shares of Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. Robert W. Baird set a $37.00 price target on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Axalta Coating Systems in a report on Wednesday, January 21st. Finally, Vertical Research cut shares of Axalta Coating Systems from a “buy” rating to a “hold” rating in a report on Wednesday, January 7th.
Get Our Latest Stock Report on AXTA
Axalta Coating Systems Trading Down 1.1%
Axalta Coating Systems (NYSE:AXTA – Get Free Report) last released its quarterly earnings results 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). The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.27 billion. Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.The company’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.60 EPS. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. Equities research analysts forecast that Axalta Coating Systems will post 2.55 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Covestor Ltd increased its stake in Axalta Coating Systems by 197.7% in the fourth quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock valued at $29,000 after acquiring an additional 603 shares during the last quarter. Eagle Bay Advisors LLC bought a new position in Axalta Coating Systems in the fourth quarter valued at $30,000. Summit Securities Group LLC bought a new position in Axalta Coating Systems in the fourth quarter valued at $32,000. Los Angeles Capital Management LLC bought a new position in Axalta Coating Systems in the fourth quarter valued at $35,000. Finally, IFP Advisors Inc increased its stake in Axalta Coating Systems by 65.9% in the fourth quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company’s stock valued at $47,000 after acquiring an additional 577 shares during the last quarter. Institutional investors own 98.28% of the company’s stock.
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.
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