Axalta Coating Systems Ltd. (NYSE:AXTA) Stock Now Rated "Hold" by Sell-Side Brokerages

Key Points

• Analyst sentiment is neutral: Fourteen firms cover Axalta, with nine recommending “hold” and five recommending “buy.” The average 12-month price target is $36.85, above the reported share price of $32.66.
• Institutional ownership is substantial: Hedge funds and other institutional investors own 98.28% of AXTA. BlackRock and Barrow Hanley each recently established stakes worth more than $599 million, while Artisan Partners significantly increased its position.
• Quarterly results exceeded expectations: Axalta reported EPS of $0.72 versus the $0.65 consensus estimate and revenue of $1.35 billion versus $1.31 billion expected. Revenue rose 3.1% year over year, and management issued full-year EPS guidance of $2.55–$2.70.

Axalta Coating Systems Ltd. (NYSE:AXTA - Get Free Report) has earned a consensus recommendation of "Hold" from the fourteen research firms that are presently covering the stock, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $36.85.

Several brokerages have weighed in on AXTA. UBS Group reiterated a "neutral" rating on shares of Axalta Coating Systems in a report on Wednesday, July 29th. KeyCorp began coverage on Axalta Coating Systems in a report on Friday, September 11th. They issued an "overweight" rating and a $47.00 price objective for the company. Wall Street Zen raised shares of Axalta Coating Systems from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Royal Bank Of Canada increased their target price on shares of Axalta Coating Systems from $34.00 to $36.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 8th. Finally, Weiss Ratings raised shares of Axalta Coating Systems from a "hold (c)" rating to a "hold (c+)" rating in a research report on Monday, August 3rd.

Hedge Funds Weigh In On Axalta Coating Systems

Several institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in Axalta Coating Systems during the second quarter worth $668,541,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Axalta Coating Systems in the 2nd quarter valued at $599,029,000. Artisan Partners Limited Partnership raised its position in shares of Axalta Coating Systems by 887.2% in 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 in the last quarter. Dimensional Fund Advisors LP raised its position in shares of 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 worth $213,143,000 after acquiring an additional 754,098 shares in the last quarter. Finally, Lakewood Capital Management LP purchased a new stake in shares of Axalta Coating Systems during the 2nd quarter worth $117,157,000. 98.28% of the stock is owned by hedge funds and other institutional investors.

Axalta Coating Systems Stock Performance

AXTA stock opened at $32.66 on Wednesday. The company has a quick ratio of 1.12, a current ratio of 1.53 and a debt-to-equity ratio of 0.99. The business's fifty day simple moving average is $35.13 and its two-hundred day simple moving average is $31.94. Axalta Coating Systems has a twelve month low of $24.94 and a twelve month high of $38.61. The firm has a market cap of $6.99 billion, a price-to-earnings ratio of 20.16, a PEG ratio of 1.51 and a beta of 1.24.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last issued its earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $0.07. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.31 billion. Axalta Coating Systems had a net margin of 6.78% and a return on equity of 22.35%. The business's revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm 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. Analysts predict that Axalta Coating Systems will post 2.63 earnings per share for the current year.

About Axalta Coating Systems

Axalta Coating Systems Ltd. is a global coatings company that develops, manufactures and sells protective, decorative and functional coatings. Its products are used by automotive manufacturers, vehicle repair and refinish businesses, industrial equipment producers, commercial transportation companies and other customers seeking to protect surfaces from corrosion, weathering and wear.

The company's offerings include liquid and powder coatings, primers, clearcoats, electrocoat systems, sealants and other coating technologies.

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