Axalta Coating Systems Ltd. (NYSE:AXTA) Receives $36.00 Average PT from Analysts

Axalta Coating Systems Ltd. (NYSE:AXTA) has been given a consensus recommendation of “Hold” by the fifteen brokerages that are currently covering the firm, Marketbeat.com reports. Eleven analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $36.00.

A number of research firms have recently weighed in on AXTA. Robert W. Baird boosted their target price on shares of Axalta Coating Systems from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. The Goldman Sachs Group set a $36.00 price target on shares of Axalta Coating Systems in a report on Friday, May 1st. Mizuho boosted their price objective on Axalta Coating Systems from $32.00 to $39.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Citigroup began coverage on Axalta Coating Systems in a research report on Thursday, June 4th. They set a “buy” rating and a $44.00 price objective on the stock. Finally, BMO Capital Markets raised their price objective on Axalta Coating Systems from $35.00 to $39.00 and gave the company a “market perform” rating in a research note on Wednesday, July 29th.

Institutional Investors Weigh In On Axalta Coating Systems

Several institutional investors have recently made changes to their positions in the company. Cetera Trust Company N.A bought a new position in Axalta Coating Systems during the 2nd quarter valued at about $323,000. Cullen Capital Management LLC bought a new stake in Axalta Coating Systems in the second quarter worth about $3,339,000. Parsifal Capital Management LP purchased a new position in shares of Axalta Coating Systems during the second quarter valued at approximately $82,069,655,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Axalta Coating Systems during the second quarter valued at approximately $686,000. Finally, Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Axalta Coating Systems during the second quarter valued at approximately $599,029,000. Institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Stock Down 0.6%

AXTA opened at $37.05 on Tuesday. The company has a market capitalization of $7.93 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 1.84 and a beta of 1.24. The firm has a 50-day simple moving average of $34.27 and a two-hundred day simple moving average of $31.56. The company has a quick ratio of 1.12, a current ratio of 1.53 and a debt-to-equity ratio of 0.99. Axalta Coating Systems has a 52 week low of $24.94 and a 52 week high of $38.61.

Axalta Coating Systems (NYSE:AXTA) last issued its earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.07. The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Axalta Coating Systems had a return on equity of 22.35% and a net margin of 6.78%.The business’s revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.64 earnings per share. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.700 EPS and its Q3 2026 guidance at 0.700-0.700 EPS. Analysts forecast that Axalta Coating Systems will post 2.63 earnings per share for the current fiscal year.

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.