Axalta Coating Systems (NYSE:AXTA) Hits New 52-Week Low – What’s Next?

Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) reached a new 52-week low during trading on Thursday . The company traded as low as $25.21 and last traded at $25.6020, with a volume of 22511 shares traded. The stock had previously closed at $27.14.

Analyst Upgrades and Downgrades

AXTA has been the topic of a number of research analyst reports. BMO Capital Markets reiterated a “market perform” rating and set a $35.00 price objective on shares of Axalta Coating Systems in a research note on Wednesday, February 11th. Weiss Ratings restated a “hold (c)” rating on shares of Axalta Coating Systems in a research report on Wednesday, January 21st. Citigroup increased their price target on Axalta Coating Systems from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. KeyCorp reiterated a “sector weight” rating on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Finally, Robert W. Baird set a $37.00 price objective on Axalta Coating Systems in a report on Wednesday, February 11th. Seven 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, the company presently has a consensus rating of “Hold” and a consensus price target of $36.56.

Axalta Coating Systems Trading Down 2.6%

The firm has a market capitalization of $5.43 billion, a price-to-earnings ratio of 14.61, a price-to-earnings-growth ratio of 1.15 and a beta of 1.29. 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 firm’s 50 day moving average is $32.32 and its 200 day moving average is $30.70.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings results on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). The business had revenue of $1.26 billion during the quarter, compared to analyst estimates 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 quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.60 EPS. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. Equities analysts forecast that Axalta Coating Systems Ltd. will post 2.55 earnings per share for the current year.

Institutional Investors Weigh In On Axalta Coating Systems

A number of institutional investors and hedge funds have recently modified their holdings of AXTA. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Axalta Coating Systems by 11.6% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 17,456,984 shares of the specialty chemicals company’s stock valued at $564,035,000 after purchasing an additional 1,815,715 shares during the period. Artisan Partners Limited Partnership increased its stake in Axalta Coating Systems by 887.2% in the 4th quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company’s stock worth $406,328,000 after purchasing an additional 11,301,977 shares in the last quarter. Millennium Management LLC raised its holdings in Axalta Coating Systems by 475.3% during the 3rd quarter. Millennium Management LLC now owns 7,838,111 shares of the specialty chemicals company’s stock worth $224,327,000 after buying an additional 6,475,786 shares during the period. Dimensional Fund Advisors LP raised its holdings in Axalta Coating Systems by 36.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,941,250 shares of the specialty chemicals company’s stock worth $224,282,000 after buying an additional 1,845,353 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Axalta Coating Systems by 0.3% during the second quarter. Geode Capital Management LLC now owns 3,849,202 shares of the specialty chemicals company’s stock valued at $114,301,000 after buying an additional 11,749 shares in the last quarter. 98.28% of the stock is owned by institutional investors and hedge funds.

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.