Axalta Coating Systems (NYSE:AXTA) Updates FY 2025 Earnings Guidance

Key Points

• Axalta Coating Systems updated its FY 2025 earnings guidance, projecting earnings per share (EPS) of 2.450-2.550 and revenue between $5.2 billion-$5.3 billion, slightly below the consensus estimates.
• The company's recent quarterly earnings showed an EPS of $0.59, surpassing analysts' expectations of $0.54, despite a 2.5% decline in revenue year-over-year.
• Analyst ratings for Axalta are mixed, with seven holding, eight buying, and one strong buy rating, while the average target price is set at $38.80.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.450-2.550 for the period, compared to the consensus estimate of 2.522. The company issued revenue guidance of $5.2 billion-$5.3 billion, compared to the consensus revenue estimate of $5.3 billion. Axalta Coating Systems also updated its Q3 2025 guidance to 0.630-0.670 EPS.

Axalta Coating Systems Trading Down 1.8%

Shares of Axalta Coating Systems stock traded down $0.50 during trading on Friday, hitting $27.82. 3,142,912 shares of the company were exchanged, compared to its average volume of 2,961,726. The firm has a market capitalization of $6.02 billion, a P/E ratio of 13.64, a price-to-earnings-growth ratio of 1.33 and a beta of 1.27. Axalta Coating Systems has a 1-year low of $27.58 and a 1-year high of $41.65. The firm's fifty day moving average price is $30.07 and its 200 day moving average price is $32.62. The company has a debt-to-equity ratio of 1.47, a current ratio of 2.12 and a quick ratio of 1.53.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The specialty chemicals company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.03. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. Axalta Coating Systems had a return on equity of 25.32% and a net margin of 8.58%. The company's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.57 earnings per share. As a group, sell-side analysts expect that Axalta Coating Systems will post 2.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on AXTA. Citigroup reaffirmed a "neutral" rating and issued a $34.00 price objective (down from $35.00) on shares of Axalta Coating Systems in a research report on Friday, June 13th. Mizuho lowered their price objective on shares of Axalta Coating Systems from $39.00 to $35.00 and set an "outperform" rating for the company in a research report on Tuesday, July 15th. BMO Capital Markets downgraded Axalta Coating Systems from an "outperform" rating to a "market perform" rating and reduced their target price for the company from $51.00 to $33.00 in a report on Wednesday, July 16th. JPMorgan Chase & Co. downgraded Axalta Coating Systems from an "overweight" rating to a "neutral" rating and cut their price objective for the company from $42.00 to $32.00 in a report on Thursday, May 8th. Finally, The Goldman Sachs Group cut their target price on Axalta Coating Systems from $46.00 to $40.00 and set a "buy" rating on the stock in a report on Wednesday, May 14th. Seven equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $37.71.

Institutional Investors Weigh In On Axalta Coating Systems

An institutional investor recently raised its position in Axalta Coating Systems stock. Jane Street Group LLC lifted its stake in shares of Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) by 29.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 156,122 shares of the specialty chemicals company's stock after buying an additional 35,092 shares during the quarter. Jane Street Group LLC owned about 0.07% of Axalta Coating Systems worth $5,179,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors 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.