Axalta Coating Systems (NYSE:AXTA) Price Target Cut to $32.00 by Analysts at Mizuho

Axalta Coating Systems (NYSE:AXTA) had its price target trimmed by Mizuho from $39.00 to $32.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has an outperform rating on the specialty chemicals company’s stock.

Other equities research analysts have also issued reports about the company. Royal Bank Of Canada increased their price target on Axalta Coating Systems from $33.00 to $35.00 and gave the company a “sector perform” rating in a research report on Thursday, February 12th. The Goldman Sachs Group lifted their price objective on shares of Axalta Coating Systems from $36.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. UBS Group reiterated a “neutral” rating and issued a $36.00 target price on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Axalta Coating Systems in a report on Wednesday, January 21st. Finally, BMO Capital Markets reissued a “market perform” rating and set a $35.00 price target on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Seven analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $36.13.

Axalta Coating Systems Price Performance

AXTA stock opened at $26.44 on Monday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.50 and a current ratio of 2.06. The business has a 50-day simple moving average of $32.19 and a two-hundred day simple moving average of $30.66. The company has a market capitalization of $5.64 billion, a P/E ratio of 15.20, a price-to-earnings-growth ratio of 1.12 and a beta of 1.29. Axalta Coating Systems has a 52-week low of $24.94 and a 52-week high of $35.72.

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

Institutional Trading of Axalta Coating Systems

Several hedge funds have recently added to or reduced their stakes in the stock. Covestor Ltd grew its stake in Axalta Coating Systems by 197.7% in the 4th quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock valued at $29,000 after buying an additional 603 shares in the last quarter. Eagle Bay Advisors LLC purchased a new stake in shares of Axalta Coating Systems during the fourth quarter worth $30,000. Summit Securities Group LLC purchased a new stake in shares of Axalta Coating Systems during the fourth quarter worth $32,000. Los Angeles Capital Management LLC bought a new position in shares of Axalta Coating Systems in the fourth quarter worth $35,000. Finally, IFP Advisors Inc boosted its holdings in shares of 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 worth $47,000 after acquiring an additional 577 shares during the period. Institutional investors own 98.28% of the company’s stock.

About Axalta Coating Systems

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.