Axalta Coating Systems Ltd. (NYSE:AXTA) Receives $34.15 Consensus Price Target from Analysts

Axalta Coating Systems Ltd. (NYSE:AXTA) has earned a consensus rating of “Hold” from the sixteen analysts that are presently covering the firm, MarketBeat Ratings reports. Twelve investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $34.1538.

A number of research analysts have recently commented on the company. Wells Fargo & Company lowered Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $39.00 to $30.00 in a report on Friday, April 10th. BMO Capital Markets reissued a “market perform” rating and set a $35.00 price target on shares of Axalta Coating Systems in a report on Wednesday, February 11th. UBS Group raised their price target on Axalta Coating Systems from $31.00 to $32.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Royal Bank Of Canada lowered their price target on Axalta Coating Systems from $31.00 to $29.00 and set a “sector perform” rating on the stock in a report on Tuesday, May 5th. Finally, Mizuho lowered their price target on Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of AXTA. Artisan Partners Limited Partnership grew its holdings in Axalta Coating Systems by 887.2% during the fourth quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company’s stock worth $406,328,000 after acquiring an additional 11,301,977 shares during the period. Millennium Management LLC grew its holdings in Axalta Coating Systems by 475.3% during the third quarter. Millennium Management LLC now owns 7,838,111 shares of the specialty chemicals company’s stock worth $224,327,000 after acquiring an additional 6,475,786 shares during the period. Channing Capital Management LLC boosted its position in shares of Axalta Coating Systems by 672.6% in the 4th quarter. Channing Capital Management LLC now owns 3,037,990 shares of the specialty chemicals company’s stock valued at $98,157,000 after purchasing an additional 2,644,783 shares during the period. Empyrean Capital Partners LP acquired a new position in shares of Axalta Coating Systems in the 4th quarter valued at $66,236,000. Finally, UBS Group AG boosted its position in shares of Axalta Coating Systems by 207.4% in the 4th quarter. UBS Group AG now owns 2,902,507 shares of the specialty chemicals company’s stock valued at $93,780,000 after purchasing an additional 1,958,395 shares during the period. 98.28% of the stock is owned by institutional investors and hedge funds.

Axalta Coating Systems Stock Performance

Axalta Coating Systems stock opened at $30.83 on Thursday. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.10 and a quick ratio of 1.53. Axalta Coating Systems has a 12 month low of $24.94 and a 12 month high of $35.72. The company has a fifty day moving average price of $28.26 and a two-hundred day moving average price of $30.48. The company has a market cap of $6.60 billion, a PE ratio of 18.03, a P/E/G ratio of 1.61 and a beta of 1.24.

Axalta Coating Systems (NYSE:AXTA) last issued its earnings results on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.06. Axalta Coating Systems had a return on equity of 22.37% and a net margin of 7.22%.The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period last year, the company earned $0.59 earnings per share. The firm’s revenue for the quarter was down .6% on a year-over-year basis. 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. Research analysts expect that Axalta Coating Systems will post 2.58 earnings per share for the current 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.