Axalta Coating Systems (NYSE:AXTA) Given New $31.00 Price Target at UBS Group

Axalta Coating Systems (NYSE:AXTA) had its price objective lowered by UBS Group from $36.00 to $31.00 in a research report sent to investors on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the specialty chemicals company’s stock.

Other equities research analysts also recently issued reports about the company. Citigroup decreased their price target on Axalta Coating Systems from $45.00 to $42.00 and set a “buy” rating for the company in a report on Wednesday. Royal Bank Of Canada boosted their price objective on shares of Axalta Coating Systems from $33.00 to $35.00 and gave the company a “sector perform” rating in a research note on Thursday, February 12th. Vertical Research downgraded shares of Axalta Coating Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 7th. BMO Capital Markets restated a “market perform” rating and issued a $35.00 target price on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Seven equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $36.13.

Axalta Coating Systems Stock Performance

Shares of AXTA stock opened at $26.80 on Thursday. The stock’s 50-day moving average price is $31.19 and its 200 day moving average price is $30.43. The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $5.72 billion, a PE ratio of 15.40, a price-to-earnings-growth ratio of 1.21 and a beta of 1.33. 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 posted its quarterly earnings data on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.27 billion. During the same period in the previous year, the business posted $0.60 earnings per share. The firm’s revenue 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. As a group, equities research analysts forecast that Axalta Coating Systems will post 2.55 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its position in shares of Axalta Coating Systems by 4.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,161,682 shares of the specialty chemicals company’s stock worth $38,533,000 after purchasing an additional 51,130 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Axalta Coating Systems by 29.0% in the 1st quarter. Jane Street Group LLC now owns 156,122 shares of the specialty chemicals company’s stock valued at $5,179,000 after purchasing an additional 35,092 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Axalta Coating Systems by 2.5% in the second quarter. American Century Companies Inc. now owns 263,984 shares of the specialty chemicals company’s stock valued at $7,838,000 after purchasing an additional 6,433 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of Axalta Coating Systems by 8.6% in the second quarter. Quadrant Capital Group LLC now owns 13,581 shares of the specialty chemicals company’s stock valued at $403,000 after purchasing an additional 1,073 shares during the period. Finally, State Board of Administration of Florida Retirement System boosted its holdings in Axalta Coating Systems by 0.8% during the second quarter. State Board of Administration of Florida Retirement System now owns 190,345 shares of the specialty chemicals company’s stock worth $5,651,000 after buying an additional 1,440 shares in the last quarter. Hedge funds and other 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.