Axalta Coating Systems (NYSE:AXTA) Stock Price Target Cut by Barclays

Key Points

• Barclays lowered Axalta’s price target from $45 to $44 while maintaining an “overweight” rating, implying approximately 29.6% upside from the reported share price of $33.96.
• Analyst sentiment is mixed: five analysts rate AXTA a “Buy” and seven rate it a “Hold,” producing an average “Hold” rating and a consensus price target of $39.
• Axalta’s latest quarterly results missed expectations, with EPS of $0.63 versus the $0.70 consensus and revenue of $1.31 billion versus $1.33 billion estimates; institutional investors nonetheless own 98.28% of the stock.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) had its price objective lowered by equities researchers at Barclays from $45.00 to $44.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has an "overweight" rating on the specialty chemicals company's stock. Barclays's price target would indicate a potential upside of 29.56% from the stock's current price.

A number of other brokerages also recently commented on AXTA. Robert W. Baird lifted their price objective on Axalta Coating Systems from $35.00 to $37.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 29th. Wall Street Zen cut Axalta Coating Systems from a "strong-buy" rating to a "buy" rating in a report on Sunday, October 4th. Weiss Ratings raised Axalta Coating Systems from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, October 16th. BMO Capital Markets reiterated a "market perform" rating on shares of Axalta Coating Systems in a report on Monday, September 21st. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $38.00 price target on shares of Axalta Coating Systems in a research report on Friday, October 9th. Five research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $39.00.

Axalta Coating Systems Price Performance

Shares of NYSE:AXTA traded up $0.35 during midday trading on Friday, hitting $33.96. The company's stock had a trading volume of 123,964 shares, compared to its average volume of 2,439,195. The company has a market cap of $7.27 billion, a P/E ratio of 20.95, a price-to-earnings-growth ratio of 1.87 and a beta of 1.26. Axalta Coating Systems has a 12-month low of $24.94 and a 12-month high of $38.61. The business's 50 day simple moving average is $34.03 and its 200 day simple moving average is $32.34. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.12 and a current ratio of 1.53.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The specialty chemicals company reported $0.63 EPS for the quarter, missing analysts' consensus estimates of $0.70 by ($0.07). The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.33 billion. Axalta Coating Systems had a net margin of 6.78% and a return on equity of 22.35%. The firm's revenue was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.67 EPS. On average, analysts forecast that Axalta Coating Systems will post 2.63 EPS for the current year.

Hedge Funds Weigh In On Axalta Coating Systems

Large investors have recently made changes to their positions in the stock. Aurora Investment Counsel acquired a new stake in shares of Axalta Coating Systems in the 2nd quarter valued at $1,749,000. MAC Alpha Capital Management LP lifted its holdings in Axalta Coating Systems by 45.9% during the 2nd quarter. MAC Alpha Capital Management LP now owns 645,643 shares of the specialty chemicals company's stock worth $22,096,000 after buying an additional 203,243 shares during the last quarter. Amundi boosted its position in shares of Axalta Coating Systems by 32.0% during the 2nd quarter. Amundi now owns 841,326 shares of the specialty chemicals company's stock worth $28,790,000 after acquiring an additional 203,829 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of Axalta Coating Systems in the 2nd quarter valued at about $19,763,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Axalta Coating Systems during the 2nd quarter worth about $2,261,000. 98.28% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Axalta Coating Systems

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

• Positive Sentiment: Full-year EBITDA outlook maintained: Axalta anticipates 2026 adjusted EBITDA of approximately $1.10 billion to $1.11 billion, signaling continued confidence in its cost controls and operating performance. Axalta EBITDA outlook and Q4 EPS guidance
• Positive Sentiment: Sales continued to grow: Third-quarter revenue increased 1.8% from the prior-year period to about $1.31 billion, indicating modest top-line resilience despite a challenging operating environment. Axalta third-quarter sales and earnings report
• Neutral Sentiment: Potential merger benefits: Ariel Global Fund said a combination with Akzo Nobel could offer meaningful cost-saving opportunities. However, this is an investor thesis rather than a confirmed transaction, so it may have limited immediate effect on AXTA’s valuation. Ariel Global Fund comments on a potential Axalta-Akzo Nobel merger
• Negative Sentiment: Quarterly earnings missed estimates: Adjusted EPS was $0.63, below consensus estimates ranging from $0.70 to $0.71 and down from $0.67 a year earlier. Net income was approximately $95 million, highlighting pressure on profitability. Axalta third-quarter earnings and revenue miss
• Negative Sentiment: Revenue also missed expectations: Quarterly sales of approximately $1.31 billion were below the roughly $1.33 billion analyst consensus, while the company guided to fourth-quarter adjusted EPS of about $0.55, reinforcing concerns about near-term earnings momentum. Axalta third-quarter 2026 results

About Axalta Coating Systems

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.

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