Axalta Coating Systems (NYSE:AXTA) Earns Overweight Rating from Analysts at KeyCorp

KeyCorp initiated coverage on shares of Axalta Coating Systems (NYSE:AXTA) in a report released on Friday morning, MarketBeat.com reports. The brokerage issued an overweight rating and a $47.00 price objective on the specialty chemicals company’s stock. KeyCorp also issued estimates for Axalta Coating Systems’ Q3 2026 earnings at $0.72 EPS, Q4 2026 earnings at $0.67 EPS, FY2026 earnings at $2.66 EPS, FY2027 earnings at $3.00 EPS and FY2028 earnings at $3.20 EPS.

A number of other research analysts also recently issued reports on AXTA. Royal Bank Of Canada boosted their price target on Axalta Coating Systems from $34.00 to $36.00 and gave the company a “sector perform” rating in a report on Wednesday, July 8th. UBS Group reissued a “neutral” rating on shares of Axalta Coating Systems in a research note on Wednesday, July 29th. Mizuho raised their price objective on shares of Axalta Coating Systems from $32.00 to $39.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Citigroup assumed coverage on shares of Axalta Coating Systems in a research report on Thursday, June 4th. They issued a “buy” rating and a $44.00 target price on the stock. Finally, Wall Street Zen cut Axalta Coating Systems from a “strong-buy” rating to a “buy” rating in a research note on Monday, August 10th. Five investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $36.85.

Axalta Coating Systems Stock Performance

NYSE AXTA opened at $34.24 on Friday. Axalta Coating Systems has a 12-month low of $24.94 and a 12-month high of $38.61. The company’s 50 day moving average is $35.13 and its 200-day moving average is $31.83. 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 firm has a market cap of $7.33 billion, a P/E ratio of 21.13, a price-to-earnings-growth ratio of 1.57 and a beta of 1.24.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.65 by $0.07. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Axalta Coating Systems had a net margin of 6.78% and a return on equity of 22.35%. Axalta Coating Systems’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the company 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. Sell-side analysts predict that Axalta Coating Systems will post 2.64 earnings per share for the current year.

Institutional Trading of Axalta Coating Systems

Several hedge funds have recently bought and sold shares of the stock. Mint Tower Capital Management B.V. bought a new stake in shares of Axalta Coating Systems in the second quarter worth about $31,000. Covestor Ltd increased its stake in Axalta Coating Systems by 197.7% in the 4th quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock worth $29,000 after acquiring an additional 603 shares during the last quarter. Summit Securities Group LLC bought a new position in shares of Axalta Coating Systems during the 4th quarter valued at approximately $32,000. Los Angeles Capital Management LLC purchased a new position in shares of Axalta Coating Systems in the fourth quarter valued at $35,000. Finally, Cedar Mountain Advisors LLC bought a new stake in Axalta Coating Systems in the first quarter worth $30,000. Hedge funds and other institutional investors own 98.28% of the company’s stock.

Key Stories Impacting Axalta Coating Systems

Here are the key news stories impacting Axalta Coating Systems this week:

• Positive Sentiment: KeyCorp initiated coverage with an “overweight” rating and a $47 price target, implying substantial upside from the recent trading level. The bullish rating is likely the main catalyst supporting AXTA’s move higher. KeyCorp initiates coverage of Axalta Coating Systems
• Positive Sentiment: KeyCorp expects Axalta to earn approximately $3.00 per share in fiscal 2027 and $3.20 in fiscal 2028, well above the current-year consensus estimate of $2.64. The projections suggest confidence in longer-term earnings growth and could support investor interest.
• Neutral Sentiment: KeyCorp’s quarterly estimates call for $0.72 EPS in the third quarter of 2026 and $0.67 EPS in the fourth quarter. These forecasts provide an updated earnings framework but do not represent a change to company guidance.
• Neutral Sentiment: A Zacks comparison examines whether Axalta or Hawkins (HWKN) offers the better value among specialty chemical stocks. The article may influence value-focused investors, although the provided report does not identify a definitive winner or announce a fundamental change at Axalta. AXTA versus HWKN value comparison

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.