Axalta Coating Systems Ltd. (NYSE:AXTA) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) have been given an average recommendation of “Moderate Buy” by the nineteen analysts that are presently covering the firm, MarketBeat reports. Eight research analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $36.3750.

Several analysts have recently weighed in on AXTA shares. UBS Group decreased their price target on shares of Axalta Coating Systems from $40.00 to $39.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. JPMorgan Chase & Co. dropped their price target on Axalta Coating Systems from $30.00 to $29.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Royal Bank Of Canada lifted their price objective on Axalta Coating Systems from $34.00 to $35.00 and gave the company an “outperform” rating in a report on Wednesday, October 29th. Wells Fargo & Company increased their target price on shares of Axalta Coating Systems from $38.00 to $39.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Finally, Bank of America reduced their price target on shares of Axalta Coating Systems from $42.00 to $41.00 and set a “buy” rating for the company in a report on Tuesday, October 14th.

Insider Buying and Selling

In other Axalta Coating Systems news, SVP Amy Tufano sold 3,194 shares of the company’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $31.06, for a total transaction of $99,205.64. Following the completion of the sale, the senior vice president owned 12,087 shares in the company, valued at $375,422.22. This represents a 20.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.30% of the stock is owned by company insiders.

Institutional Trading of Axalta Coating Systems

Institutional investors and hedge funds have recently made changes to their positions in the business. Barrow Hanley Mewhinney & Strauss LLC grew its stake in Axalta Coating Systems by 12.8% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 15,641,269 shares of the specialty chemicals company’s stock valued at $447,653,000 after acquiring an additional 1,773,038 shares during the period. JPMorgan Chase & Co. grew its position in shares of Axalta Coating Systems by 3.2% in the first quarter. JPMorgan Chase & Co. now owns 11,637,025 shares of the specialty chemicals company’s stock valued at $386,000,000 after purchasing an additional 356,143 shares during the period. Fuller & Thaler Asset Management Inc. raised its position in shares of Axalta Coating Systems by 29.8% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 7,250,351 shares of the specialty chemicals company’s stock worth $240,494,000 after purchasing an additional 1,663,261 shares during the last quarter. Wellington Management Group LLP lifted its stake in Axalta Coating Systems by 2.0% in the 1st quarter. Wellington Management Group LLP now owns 6,730,406 shares of the specialty chemicals company’s stock valued at $223,248,000 after buying an additional 132,234 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Axalta Coating Systems by 18.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,095,897 shares of the specialty chemicals company’s stock worth $145,829,000 after buying an additional 778,222 shares during the last quarter. 98.28% of the stock is currently owned by hedge funds and other institutional investors.

Axalta Coating Systems Stock Performance

AXTA stock opened at $28.92 on Friday. Axalta Coating Systems has a twelve month low of $26.28 and a twelve month high of $41.65. The firm has a market cap of $6.17 billion, a price-to-earnings ratio of 13.84, a PEG ratio of 1.14 and a beta of 1.31. The business’s fifty day simple moving average is $28.89 and its two-hundred day simple moving average is $29.98. The company has a quick ratio of 1.59, a current ratio of 2.20 and a debt-to-equity ratio of 1.45.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings results on Tuesday, October 28th. The specialty chemicals company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.03. Axalta Coating Systems had a net margin of 8.81% and a return on equity of 24.92%. The firm had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the prior year, the business posted $0.59 earnings per share. The business’s revenue for the quarter was down 2.4% on a year-over-year basis. Axalta Coating Systems has set its Q4 2025 guidance at 0.600-0.600 EPS. FY 2025 guidance at 2.500-2.500 EPS. Analysts predict that Axalta Coating Systems will post 2.55 earnings per share for the current year.

Axalta Coating Systems Company Profile

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings.