Analysts Set Axalta Coating Systems Ltd. (NYSE:AXTA) PT at $35.38

Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) have earned an average recommendation of “Hold” from the fifteen research firms that are presently covering the stock, Marketbeat Ratings reports. Eleven analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $35.6667.

AXTA has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Axalta Coating Systems in a research report on Tuesday, June 16th. The Goldman Sachs Group set a $36.00 target price on shares of Axalta Coating Systems in a research note on Friday, May 1st. Royal Bank Of Canada upped their price target on Axalta Coating Systems from $34.00 to $36.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 8th. UBS Group increased their price objective on Axalta Coating Systems from $31.00 to $32.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, Citigroup started coverage on Axalta Coating Systems in a research report on Thursday, June 4th. They issued a “buy” rating and a $44.00 price objective for the company.

Axalta Coating Systems Stock Up 0.0%

Shares of NYSE:AXTA opened at $32.34 on Friday. The firm has a market capitalization of $6.92 billion, a PE ratio of 18.91, a price-to-earnings-growth ratio of 1.68 and a beta of 1.24. The business has a 50 day simple moving average of $31.90 and a two-hundred day simple moving average of $31.23. Axalta Coating Systems has a 1 year low of $24.94 and a 1 year high of $35.72. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.10 and a quick ratio of 1.53.

Axalta Coating Systems (NYSE:AXTA) last announced its quarterly earnings data on Thursday, April 30th. The specialty chemicals company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.50 by $0.06. Axalta Coating Systems had a return on equity of 22.37% and a net margin of 7.22%.The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the company posted $0.59 EPS. Axalta Coating Systems’s quarterly revenue was down .6% on a year-over-year basis. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.70 EPS and its Q2 2026 guidance at 0.650-0.65 EPS. On average, equities analysts predict that Axalta Coating Systems will post 2.59 EPS for the current year.

Institutional Investors Weigh In On Axalta Coating Systems

A number of large investors have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC lifted its holdings in Axalta Coating Systems by 71.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 105,987 shares of the specialty chemicals company’s stock valued at $3,491,000 after purchasing an additional 44,343 shares in the last quarter. SG Americas Securities LLC boosted its stake in Axalta Coating Systems by 88.4% during the 4th quarter. SG Americas Securities LLC now owns 523,014 shares of the specialty chemicals company’s stock worth $16,899,000 after purchasing an additional 245,453 shares during the last quarter. UBS Group AG grew its holdings in shares of Axalta Coating Systems by 207.4% during the fourth quarter. UBS Group AG now owns 2,902,507 shares of the specialty chemicals company’s stock worth $93,780,000 after buying an additional 1,958,395 shares in the last quarter. Arnhold LLC grew its holdings in shares of Axalta Coating Systems by 111.8% during the fourth quarter. Arnhold LLC now owns 500,700 shares of the specialty chemicals company’s stock worth $16,178,000 after buying an additional 264,281 shares in the last quarter. Finally, Artisan Partners Limited Partnership raised its position in shares of Axalta Coating Systems by 887.2% in the fourth quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company’s stock valued at $406,328,000 after buying an additional 11,301,977 shares during the last quarter. Hedge funds and other 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.