UBS Group Has Lowered Expectations for Axalta Coating Systems (NYSE:AXTA) Stock Price

Key Points

• UBS lowered Axalta Coating Systems’ price target to $36 from $39 while maintaining a “neutral” rating, implying roughly 10% upside from the stock’s $32.73 price.
• Analyst sentiment remains cautious: five analysts rate the stock a Buy and eight rate it a Hold, producing a consensus “Hold” rating and an average price target of $37.58.
• Axalta recently beat quarterly expectations, reporting $0.72 in EPS versus the $0.65 consensus and $1.35 billion in revenue; institutional investors own approximately 98.28% of the company’s shares.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) had its price objective cut by equities research analysts at UBS Group from $39.00 to $36.00 in a research note issued on Monday, Benzinga reports. The brokerage presently has a "neutral" rating on the specialty chemicals company's stock. UBS Group's price target would suggest a potential upside of 9.99% from the company's current price.

Several other research analysts have also recently weighed in on the stock. Royal Bank Of Canada increased their price target 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. Robert W. Baird upped their target price on Axalta Coating Systems from $35.00 to $37.00 and gave the company a "neutral" rating in a research report on Wednesday, July 29th. BMO Capital Markets reiterated a "market perform" rating on shares of Axalta Coating Systems in a research note on Monday, September 21st. Wall Street Zen cut Axalta Coating Systems from a "strong-buy" rating to a "buy" rating in a report on Sunday. Finally, KeyCorp reissued an "overweight" rating on shares of Axalta Coating Systems in a report on Monday. Five analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Axalta Coating Systems has a consensus rating of "Hold" and a consensus price target of $37.58.

Axalta Coating Systems Stock Performance

Axalta Coating Systems stock traded up $0.53 during mid-day trading on Monday, hitting $32.73. 3,719,771 shares of the company's stock traded hands, compared to its average volume of 2,507,476. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.53 and a quick ratio of 1.12. The firm has a 50 day simple moving average of $35.11 and a two-hundred day simple moving average of $32.03. Axalta Coating Systems has a fifty-two week low of $24.94 and a fifty-two week high of $38.61. The stock has a market cap of $7.01 billion, a price-to-earnings ratio of 20.20, a P/E/G ratio of 1.49 and a beta of 1.26.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last released 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 firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.31 billion. Axalta Coating Systems had a net margin of 6.78% and a return on equity of 22.35%. The company's quarterly revenue was up 3.1% on a year-over-year basis. During the same period 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. On average, research analysts expect that Axalta Coating Systems will post 2.63 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in AXTA. BlackRock Inc. bought a new stake in shares of Axalta Coating Systems in the second quarter valued at approximately $668,541,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Axalta Coating Systems during the 2nd quarter worth $599,029,000. Artisan Partners Limited Partnership increased its stake in Axalta Coating Systems by 887.2% during the 4th quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company's stock worth $406,328,000 after acquiring an additional 11,301,977 shares during the period. Dimensional Fund Advisors LP raised its holdings in Axalta Coating Systems by 10.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,695,348 shares of the specialty chemicals company's stock valued at $213,143,000 after acquiring an additional 754,098 shares in the last quarter. Finally, Lakewood Capital Management LP acquired a new position in Axalta Coating Systems in the 2nd quarter valued at $117,157,000. Institutional investors and hedge funds own 98.28% of the company's stock.

Axalta Coating Systems Company Profile

Axalta Coating Systems Ltd. is a global coatings company that develops, manufactures and sells liquid and powder coatings for transportation, industrial and commercial applications. Its products are designed to provide protection, durability, color and other performance characteristics for vehicles, equipment, buildings and manufactured goods.

The company serves the automotive refinish market with coatings, color-matching technology and related products used to repair and restore vehicle finishes.

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