Mizuho Lowers Axalta Coating Systems (NYSE:AXTA) Price Target to $32.00

Axalta Coating Systems (NYSE:AXTA) had its target price decreased by equities research analysts at Mizuho from $39.00 to $32.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has an “outperform” rating on the specialty chemicals company’s stock. Mizuho’s target price points to a potential upside of 21.87% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. Vertical Research cut Axalta Coating Systems from a “buy” rating to a “hold” rating in a report on Wednesday, January 7th. Robert W. Baird set a $37.00 price target on Axalta Coating Systems in a report on Wednesday, February 11th. Citigroup upped their price objective on Axalta Coating Systems from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Royal Bank Of Canada lifted their target price on shares of Axalta Coating Systems from $33.00 to $35.00 and gave the company a “sector perform” rating in a report on Thursday, February 12th. Finally, UBS Group reissued a “neutral” rating and set a $36.00 price target on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Seven equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $36.13.

Axalta Coating Systems Stock Performance

NYSE AXTA traded up $0.82 on Monday, hitting $26.26. 1,191,376 shares of the company’s stock traded hands, compared to its average volume of 3,355,751. The firm’s 50-day moving average price is $32.32 and its two-hundred day moving average price is $30.69. The firm has a market capitalization of $5.60 billion, a PE ratio of 15.08, a P/E/G ratio of 1.12 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 1-year low of $24.94 and a 1-year high of $35.72.

Axalta Coating Systems (NYSE:AXTA) last issued its earnings results on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). The business had revenue of $1.26 billion for 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% on a year-over-year basis. During the same period last year, the business earned $0.60 EPS. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. As a group, analysts expect that Axalta Coating Systems will post 2.55 EPS for the current year.

Institutional Investors Weigh In On Axalta Coating Systems

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barrow Hanley Mewhinney & Strauss LLC raised its position in Axalta Coating Systems by 11.6% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 17,456,984 shares of the specialty chemicals company’s stock worth $564,035,000 after acquiring an additional 1,815,715 shares during the period. Artisan Partners Limited Partnership increased its stake in shares of 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 purchasing an additional 11,301,977 shares in the last quarter. Millennium Management LLC raised its position in shares of Axalta Coating Systems by 475.3% during the 3rd quarter. Millennium Management LLC now owns 7,838,111 shares of the specialty chemicals company’s stock worth $224,327,000 after purchasing an additional 6,475,786 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Axalta Coating Systems by 36.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,941,250 shares of the specialty chemicals company’s stock valued at $224,282,000 after buying an additional 1,845,353 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in Axalta Coating Systems by 64.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,825,946 shares of the specialty chemicals company’s stock worth $107,739,000 after buying an additional 1,506,083 shares during the last quarter. Hedge funds and other institutional investors 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.