Axalta Coating Systems Ltd. (NYSE:AXTA) Receives $35.20 Consensus Target Price from Analysts

Axalta Coating Systems Ltd. (NYSE:AXTA) has been given an average rating of “Hold” by the seventeen analysts that are currently covering the firm, MarketBeat Ratings reports. Twelve research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $34.7143.

A number of research firms have recently issued reports on AXTA. Mizuho dropped their target price on shares of Axalta Coating Systems from $39.00 to $32.00 and set an “outperform” rating for the company in a report on Monday, March 23rd. Citigroup dropped their target price on shares of Axalta Coating Systems from $45.00 to $42.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. The Goldman Sachs Group set a $36.00 target price on shares of Axalta Coating Systems in a report on Friday, May 1st. Robert W. Baird set a $37.00 target price on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Finally, Wells Fargo & Company lowered shares of Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $39.00 to $30.00 in a report on Friday, April 10th.

Hedge Funds Weigh In On Axalta Coating Systems

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AXTA. Covestor Ltd increased its stake in shares of 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. Eagle Bay Advisors LLC purchased a new position in shares of Axalta Coating Systems during the 4th quarter worth $30,000. Summit Securities Group LLC purchased a new position in shares of Axalta Coating Systems during the 4th quarter worth $32,000. Los Angeles Capital Management LLC purchased a new stake in shares of Axalta Coating Systems in the fourth quarter valued at about $35,000. Finally, Cedar Mountain Advisors LLC purchased a new stake in shares of Axalta Coating Systems in the first quarter valued at about $30,000. Institutional investors and hedge funds own 98.28% of the company’s stock.

Axalta Coating Systems Stock Performance

NYSE:AXTA opened at $29.13 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.53 and a current ratio of 2.10. The company has a fifty day moving average of $28.67 and a two-hundred day moving average of $30.47. The stock has a market capitalization of $6.23 billion, a PE ratio of 17.03, a P/E/G ratio of 1.53 and a beta of 1.24. Axalta Coating Systems has a fifty-two week low of $24.94 and a fifty-two week high of $35.72.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings data on Thursday, April 30th. The specialty chemicals company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.06. The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Axalta Coating Systems had a net margin of 7.22% and a return on equity of 22.37%. The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the prior year, the business posted $0.59 earnings per share. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.70 EPS and its Q2 2026 guidance at 0.650-0.65 EPS. As a group, research analysts forecast that Axalta Coating Systems will post 2.58 earnings per share for the current fiscal year.

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.