Axalta Coating Systems Ltd. (NYSE:AXTA – Get Free Report) has received an average recommendation of “Hold” from the thirteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $37.25.
Several analysts recently commented on the company. Weiss Ratings raised Axalta Coating Systems from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Robert W. Baird upped their price objective on Axalta Coating Systems from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Royal Bank Of Canada raised their price objective on shares of Axalta Coating Systems from $34.00 to $36.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 8th. Wall Street Zen lowered shares of Axalta Coating Systems from a “strong-buy” rating to a “buy” rating in a report on Sunday. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Axalta Coating Systems in a report on Monday, September 21st.
Read Our Latest Stock Analysis on Axalta Coating Systems
Axalta Coating Systems Trading Up 0.0%
Axalta Coating Systems (NYSE:AXTA – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.07. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.31 billion. Axalta Coating Systems had a return on equity of 22.35% and a net margin of 6.78%.The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period last year, the firm earned $0.64 EPS. 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. Research analysts forecast that Axalta Coating Systems will post 2.63 earnings per share for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cedar Mountain Advisors LLC acquired a new stake in shares of Axalta Coating Systems during the 1st quarter valued at about $30,000. Mint Tower Capital Management B.V. acquired a new position in Axalta Coating Systems in the 2nd quarter worth about $31,000. IFP Advisors Inc raised its holdings in Axalta Coating Systems by 65.9% in the 4th quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company’s stock worth $47,000 after purchasing an additional 577 shares during the period. Root Financial Partners LLC boosted its position in Axalta Coating Systems by 297.5% during the first quarter. Root Financial Partners LLC now owns 2,202 shares of the specialty chemicals company’s stock worth $61,000 after purchasing an additional 1,648 shares in the last quarter. Finally, Allworth Financial LP acquired a new stake in Axalta Coating Systems in the second quarter valued at approximately $77,000. Hedge funds and other institutional investors own 98.28% of the company’s stock.
About Axalta Coating Systems
Axalta Coating Systems Ltd. is a global coatings company that develops, manufactures and sells liquid and powder coatings for transportation, industrial and commercial applications. Its products are designed to provide protection, durability, color and other performance characteristics for vehicles, equipment, buildings and manufactured goods.
The company serves the automotive refinish market with coatings, color-matching technology and related products used to repair and restore vehicle finishes.
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