Axalta Coating Systems (AXTA) Expected to Announce Quarterly Earnings on Wednesday

Axalta Coating Systems (NYSE:AXTA - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, July 30th. Analysts expect Axalta Coating Systems to post earnings of $0.61 per share and revenue of $1.33 billion for the quarter. Axalta Coating Systems has set its Q2 2025 guidance at 0.600-0.630 EPS and its FY 2025 guidance at 2.500-2.600 EPS.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last released its earnings results on Wednesday, May 7th. The specialty chemicals company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.54 by $0.05. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.29 billion. Axalta Coating Systems had a return on equity of 26.30% and a net margin of 8.56%. Axalta Coating Systems's revenue was down 2.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.48 earnings per share. On average, analysts expect Axalta Coating Systems to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Axalta Coating Systems Price Performance

NYSE:AXTA traded up $0.02 during mid-day trading on Friday, reaching $29.53. 2,006,356 shares of the stock were exchanged, compared to its average volume of 2,620,825. The business has a fifty day moving average price of $30.37 and a 200 day moving average price of $32.84. The firm has a market capitalization of $6.45 billion, a PE ratio of 14.40, a PEG ratio of 1.41 and a beta of 1.25. Axalta Coating Systems has a 1-year low of $27.70 and a 1-year high of $41.65. The company has a current ratio of 2.12, a quick ratio of 1.53 and a debt-to-equity ratio of 1.60.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AXTA. BNP Paribas raised Axalta Coating Systems from a "neutral" rating to an "outperform" rating and set a $38.00 price target on the stock in a research note on Thursday, April 10th. Barclays dropped their price target on Axalta Coating Systems from $45.00 to $42.00 and set an "overweight" rating on the stock in a research note on Thursday, May 15th. Wall Street Zen lowered Axalta Coating Systems from a "buy" rating to a "hold" rating in a research report on Thursday, May 8th. JPMorgan Chase & Co. lowered Axalta Coating Systems from an "overweight" rating to a "neutral" rating and decreased their price objective for the stock from $42.00 to $32.00 in a research report on Thursday, May 8th. Finally, BMO Capital Markets lowered Axalta Coating Systems from an "outperform" rating to a "market perform" rating and decreased their price objective for the stock from $51.00 to $33.00 in a research report on Wednesday, July 16th. Seven research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $38.80.

Institutional Investors Weigh In On Axalta Coating Systems

An institutional investor recently raised its position in Axalta Coating Systems stock. Goldman Sachs Group Inc. increased its position in shares of Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) by 4.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,161,682 shares of the specialty chemicals company's stock after purchasing an additional 51,130 shares during the period. Goldman Sachs Group Inc. owned about 0.53% of Axalta Coating Systems worth $38,533,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 98.28% of the company's stock.

Axalta Coating Systems Company Profile

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings.