JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Axalta Coating Systems (NYSE:AXTA) Stock

Axalta Coating Systems (NYSE:AXTA) had its price objective boosted by equities research analysts at JPMorgan Chase & Co. from $33.00 to $34.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has a “neutral” rating on the specialty chemicals company’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 0.04% from the company’s current price.

A number of other research analysts also recently weighed in on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $38.00 price objective on shares of Axalta Coating Systems in a research report on Friday, October 9th. Royal Bank Of Canada lifted their price objective on shares of Axalta Coating Systems from $34.00 to $36.00 and gave the company a “sector perform” rating in a report on Wednesday, July 8th. BMO Capital Markets reiterated a “market perform” rating on shares of Axalta Coating Systems in a report on Monday, September 21st. Wall Street Zen cut shares of Axalta Coating Systems from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 4th. Finally, UBS Group decreased their price target on Axalta Coating Systems from $39.00 to $36.00 and set a “neutral” rating on the stock in a research note on Monday, October 5th. Five investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Axalta Coating Systems has a consensus rating of “Hold” and a consensus price target of $38.55.

Axalta Coating Systems Stock Up 1.1%

Shares of NYSE AXTA traded up $0.38 during trading on Friday, reaching $33.99. The company had a trading volume of 1,717,376 shares, compared to its average volume of 2,447,003. Axalta Coating Systems has a 12-month low of $24.94 and a 12-month high of $38.61. The business’s 50-day moving average is $34.03 and its 200 day moving average is $32.34. The stock has a market cap of $7.27 billion, a PE ratio of 20.98, a P/E/G ratio of 1.87 and a beta of 1.26. The company has a quick ratio of 1.12, a current ratio of 1.53 and a debt-to-equity ratio of 0.99.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings results on Thursday, October 29th. The specialty chemicals company reported $0.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.07). Axalta Coating Systems had a return on equity of 22.35% and a net margin of 6.78%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter in the previous year, the company posted $0.67 EPS. The company’s quarterly revenue was up 1.8% on a year-over-year basis. As a group, equities analysts forecast that Axalta Coating Systems will post 2.63 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Axalta Coating Systems

A number of institutional investors and hedge funds have recently bought and sold shares of AXTA. BlackRock Inc. bought a new stake in shares of Axalta Coating Systems in the 2nd quarter valued at about $668,541,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Axalta Coating Systems during the second quarter worth $599,029,000. Lakewood Capital Management LP purchased a new stake in shares of Axalta Coating Systems in the second quarter valued at about $117,157,000. Parsifal Capital Management LP bought a new stake in shares of Axalta Coating Systems during the 2nd quarter valued at $82,069,655. Finally, Bank of New York Mellon Corp purchased a new position in shares of Axalta Coating Systems in the 2nd quarter worth about $43,205,000. Institutional investors and hedge funds own 98.28% of the company’s stock.

Trending Headlines about Axalta Coating Systems

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

• Positive Sentiment: Barclays lowered its price target modestly from $45 to $44 but maintained an “overweight” rating, implying approximately 29.5% potential upside from the referenced price. Barclays lowers Axalta price target
• Positive Sentiment: Axalta guided to approximately $1.10 billion-$1.11 billion in 2026 adjusted EBITDA and forecast fourth-quarter adjusted EPS of about $0.55, giving investors visibility into its near-term profitability expectations. Axalta guidance for 2026 EBITDA and fourth-quarter EPS
• Neutral Sentiment: Management reported third-quarter revenue of approximately $1.31 billion, up 1.8% year over year, while net income was about $95 million. The results indicate continued top-line growth but limited earnings momentum. Axalta third-quarter earnings results
• Negative Sentiment: Third-quarter adjusted EPS was $0.63, below consensus estimates near $0.70-$0.71 and down from $0.67 a year earlier. Revenue also missed expectations of roughly $1.33 billion, increasing concerns about margins and demand. Axalta third-quarter earnings and revenue miss
• Positive Sentiment: Ariel Global Fund highlighted potential cost savings from Axalta’s proposed merger with Akzo Nobel, offering a possible longer-term catalyst if the transaction produces expected synergies. Ariel Global Fund discusses Axalta and Akzo Nobel merger

Axalta Coating Systems Company Profile

Axalta Coating Systems Ltd. (NYSE: AXTA) develops, manufactures and sells coatings and coating technologies designed to protect, enhance and improve the appearance of vehicles, equipment and industrial products. Its offerings include liquid, powder and electrocoat products, along with related color-management tools, application technologies and technical services.

The company serves several markets, including automotive original equipment manufacturers, automotive refinish businesses, commercial transportation, industrial equipment, architecture and general manufacturing.