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

Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) have been given an average recommendation of “Hold” by the sixteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Twelve investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $34.1538.

AXTA has been the topic of several research analyst reports. UBS Group boosted their target price on Axalta Coating Systems from $31.00 to $32.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Citigroup dropped their target price on Axalta Coating Systems from $45.00 to $42.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Mizuho dropped their target price on Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating on the stock in a research note on Monday, March 23rd. Robert W. Baird set a $37.00 target price on Axalta Coating Systems in a research note on Wednesday, February 11th. Finally, BMO Capital Markets restated a “market perform” rating and set a $35.00 target price on shares of Axalta Coating Systems in a research note on Wednesday, February 11th.

Axalta Coating Systems Trading Up 3.1%

Shares of NYSE:AXTA opened at $31.32 on Thursday. Axalta Coating Systems has a 12-month low of $24.94 and a 12-month high of $35.72. The business’s fifty day simple moving average is $28.54 and its 200-day simple moving average is $30.52. The company has a market capitalization of $6.70 billion, a PE ratio of 18.31, a P/E/G ratio of 1.59 and a beta of 1.25. 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 announced its quarterly earnings results on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the business posted $0.59 EPS. The business’s revenue was down .6% compared to the same quarter last year. 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, equities research analysts predict that Axalta Coating Systems will post 2.58 earnings per share for the current fiscal year.

Institutional Trading of Axalta Coating Systems

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AXTA. Intech Investment Management LLC boosted its position in Axalta Coating Systems by 277.3% in the third quarter. Intech Investment Management LLC now owns 103,292 shares of the specialty chemicals company’s stock valued at $2,956,000 after buying an additional 75,915 shares during the last quarter. Lakewood Capital Management LP boosted its position in Axalta Coating Systems by 34.2% in the third quarter. Lakewood Capital Management LP now owns 1,187,648 shares of the specialty chemicals company’s stock valued at $33,990,000 after buying an additional 302,751 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Axalta Coating Systems by 71.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 105,987 shares of the specialty chemicals company’s stock valued at $3,491,000 after buying an additional 44,343 shares during the last quarter. Artisan Partners Limited Partnership boosted its position in Axalta Coating Systems by 189.9% in the third quarter. Artisan Partners Limited Partnership now owns 1,273,955 shares of the specialty chemicals company’s stock valued at $36,461,000 after buying an additional 834,481 shares during the last quarter. Finally, Millennium Management LLC boosted its position in Axalta Coating Systems by 475.3% in the third quarter. Millennium Management LLC now owns 7,838,111 shares of the specialty chemicals company’s stock valued at $224,327,000 after buying an additional 6,475,786 shares during the last quarter. Institutional investors and hedge funds own 98.28% of the company’s stock.

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.