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

Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) have been assigned an average recommendation of “Hold” from the nineteen analysts that are currently covering the firm, MarketBeat Ratings reports. Twelve analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $36.5625.

A number of brokerages recently commented on AXTA. Vertical Research downgraded Axalta Coating Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Royal Bank Of Canada raised their target price on Axalta Coating Systems from $33.00 to $35.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 12th. UBS Group reiterated a “neutral” rating and set a $36.00 price target on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Robert W. Baird set a $37.00 price target on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $35.00 price objective on shares of Axalta Coating Systems in a report on Wednesday, February 11th.

Axalta Coating Systems Stock Down 3.5%

Shares of NYSE AXTA opened at $27.13 on Friday. The stock has a market cap of $5.79 billion, a PE ratio of 15.59, a P/E/G ratio of 1.23 and a beta of 1.29. The company has a current ratio of 2.06, a quick ratio of 1.50 and a debt-to-equity ratio of 1.33. Axalta Coating Systems has a 12-month low of $26.28 and a 12-month high of $35.72. The company has a 50-day moving average of $32.60 and a 200 day moving average of $30.77.

Axalta Coating Systems (NYSE:AXTA) last released its earnings results on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.The company’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period last year, the business earned $0.60 earnings per share. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. As a group, sell-side analysts predict that Axalta Coating Systems will post 2.55 EPS for the current fiscal year.

Institutional Trading of Axalta Coating Systems

Hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in Axalta Coating Systems by 4.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,161,682 shares of the specialty chemicals company’s stock valued at $38,533,000 after acquiring an additional 51,130 shares during the last quarter. Jane Street Group LLC grew its position in Axalta Coating Systems by 29.0% in the first quarter. Jane Street Group LLC now owns 156,122 shares of the specialty chemicals company’s stock worth $5,179,000 after acquiring an additional 35,092 shares during the period. Aviva PLC acquired a new stake in Axalta Coating Systems during the second quarter worth $375,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Axalta Coating Systems during the second quarter worth $5,321,000. Finally, PNC Financial Services Group Inc. raised its position in Axalta Coating Systems by 2.4% in the second quarter. PNC Financial Services Group Inc. now owns 62,068 shares of the specialty chemicals company’s stock valued at $1,843,000 after purchasing an additional 1,436 shares during the period. Hedge funds and other institutional investors own 98.28% of the company’s stock.

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.