Axalta Coating Systems (NYSE:AXTA) Now Covered by Analysts at KeyCorp

Equities researchers at KeyCorp initiated coverage on shares of Axalta Coating Systems (NYSE:AXTA) in a research note issued on Friday, Marketbeat.com reports. The firm set an “overweight” rating and a $47.00 price target on the specialty chemicals company’s stock. KeyCorp’s price objective indicates a potential upside of 38.22% from the company’s current price. KeyCorp also issued estimates for Axalta Coating Systems’ Q3 2026 earnings at $0.72 EPS, Q4 2026 earnings at $0.67 EPS, FY2027 earnings at $3.00 EPS and FY2028 earnings at $3.20 EPS.

Other research analysts have also issued reports about the stock. Royal Bank Of Canada upped their price objective on shares of Axalta Coating Systems from $34.00 to $36.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 8th. Mizuho lifted their price objective on Axalta Coating Systems from $32.00 to $39.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Wall Street Zen lowered Axalta Coating Systems from a “strong-buy” rating to a “buy” rating in a research report on Monday, August 10th. Citigroup began coverage on shares of Axalta Coating Systems in a report on Thursday, June 4th. They set a “buy” rating and a $44.00 target price on the stock. Finally, UBS Group reissued a “neutral” rating on shares of Axalta Coating Systems in a research report on Wednesday, July 29th. Five research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $36.85.

Axalta Coating Systems Trading Down 1.3%

NYSE:AXTA opened at $34.00 on Friday. The firm has a market capitalization of $7.28 billion, a P/E ratio of 20.99, a P/E/G ratio of 1.59 and a beta of 1.24. Axalta Coating Systems has a 52 week low of $24.94 and a 52 week high of $38.61. The company has a quick ratio of 1.12, a current ratio of 1.53 and a debt-to-equity ratio of 0.99. The company has a fifty day moving average of $35.15 and a 200 day moving average of $31.83.

Axalta Coating Systems (NYSE:AXTA) last posted its earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.07. The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Axalta Coating Systems had a return on equity of 22.35% and a net margin of 6.78%.Axalta Coating Systems’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period last year, the firm earned $0.64 earnings per share. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.700 EPS and its Q3 2026 guidance at 0.700-0.700 EPS. On average, research analysts predict that Axalta Coating Systems will post 2.64 earnings per share for the current year.

Institutional Trading of Axalta Coating Systems

Institutional investors have recently added to or reduced their stakes in the business. Aurora Investment Counsel bought a new position in Axalta Coating Systems in the 2nd quarter worth $1,749,000. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Axalta Coating Systems by 64.9% during the fourth quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 140,600 shares of the specialty chemicals company’s stock valued at $4,543,000 after acquiring an additional 55,350 shares during the period. Arnhold LLC lifted its position in shares of Axalta Coating Systems by 111.8% in the fourth quarter. Arnhold LLC now owns 500,700 shares of the specialty chemicals company’s stock valued at $16,178,000 after acquiring an additional 264,281 shares in the last quarter. Artisan Partners Limited Partnership lifted its position in shares of Axalta Coating Systems by 887.2% in the fourth quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company’s stock valued at $406,328,000 after acquiring an additional 11,301,977 shares in the last quarter. Finally, Natixis Advisors LLC boosted its stake in shares of Axalta Coating Systems by 19.1% in the fourth quarter. Natixis Advisors LLC now owns 319,386 shares of the specialty chemicals company’s stock worth $10,319,000 after acquiring an additional 51,187 shares during the period. 98.28% of the stock is currently owned by hedge funds and other institutional investors.

Axalta Coating Systems Company Profile

Axalta Coating Systems Ltd. is a global coatings company that develops, manufactures and sells protective, decorative and functional coatings. Its products are used by automotive manufacturers, vehicle repair and refinish businesses, industrial equipment producers, commercial transportation companies and other customers seeking to protect surfaces from corrosion, weathering and wear.

The company’s offerings include liquid and powder coatings, primers, clearcoats, electrocoat systems, sealants and other coating technologies.