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

Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) have earned an average rating of “Hold” from the fifteen brokerages that are covering the company, MarketBeat Ratings reports. Eleven research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $35.6667.

AXTA has been the subject of several recent analyst reports. Royal Bank Of Canada boosted their target price 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. Wells Fargo & Company lowered Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $39.00 to $30.00 in a report on Friday, April 10th. The Goldman Sachs Group set a $36.00 price objective on shares of Axalta Coating Systems in a research report on Friday, May 1st. Mizuho lifted their target price on shares of Axalta Coating Systems from $32.00 to $39.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Axalta Coating Systems in a research note on Tuesday, June 16th.

Axalta Coating Systems Price Performance

AXTA stock opened at $32.49 on Friday. The firm has a 50 day moving average of $32.07 and a 200-day moving average of $31.23. The firm has a market capitalization of $6.95 billion, a P/E ratio of 19.00, a price-to-earnings-growth ratio of 1.57 and a beta of 1.24. Axalta Coating Systems has a 12 month low of $24.94 and a 12 month high of $35.72. The company has a current ratio of 2.10, a quick ratio of 1.53 and a debt-to-equity ratio of 1.27.

Axalta Coating Systems (NYSE:AXTA) last posted its earnings results on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.06. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Axalta Coating Systems had a net margin of 7.22% and a return on equity of 22.37%. The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.59 EPS. 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. As a group, sell-side analysts predict that Axalta Coating Systems will post 2.59 earnings per share for the current fiscal year.

Institutional Trading of Axalta Coating Systems

Hedge funds have recently made changes to their positions in the stock. Covestor Ltd raised its position in Axalta Coating Systems by 197.7% during the fourth quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock valued at $29,000 after purchasing an additional 603 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in shares of Axalta Coating Systems in the 4th quarter worth about $30,000. Summit Securities Group LLC purchased a new position in shares of Axalta Coating Systems in the 4th quarter worth about $32,000. Los Angeles Capital Management LLC bought a new position in shares of Axalta Coating Systems during the 4th quarter valued at about $35,000. Finally, Cedar Mountain Advisors LLC bought a new position in shares of Axalta Coating Systems during the 1st quarter valued at about $30,000. 98.28% of the stock is owned by institutional investors.

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.