Q3 Earnings Forecast for AXTA Issued By KeyCorp

Key Points

• KeyCorp forecasts Q3 2026 EPS of $0.72 for Axalta Coating Systems, with estimates of $0.67 for Q4 2026, $3.00 for FY2027, and $3.20 for FY2028.
• Axalta’s latest quarter exceeded expectations, reporting $0.72 EPS versus the $0.65 consensus and revenue of $1.35 billion versus $1.31 billion expected. Revenue increased 3.1% year over year, while full-year 2026 guidance remains $2.55–$2.70 EPS.
• The stock has a consensus “Hold” rating and a $36 target price; shares opened at $34.00, while institutional investors own 98.28% of the company.

Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) - Analysts at KeyCorp issued their Q3 2026 EPS estimates for Axalta Coating Systems in a research note issued on Thursday, September 10th. KeyCorp analyst S. Tiano expects that the specialty chemicals company will post earnings of $0.72 per share for the quarter. The consensus estimate for Axalta Coating Systems' current full-year earnings is $2.64 per share. KeyCorp also issued estimates for Axalta Coating Systems' Q4 2026 earnings at $0.67 EPS, FY2027 earnings at $3.00 EPS and FY2028 earnings at $3.20 EPS.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last announced its earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.07. The business had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.31 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 3.1% on a year-over-year basis. During the same period in the prior 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.

A number of other brokerages have also recently commented on AXTA. UBS Group reaffirmed a "neutral" rating on shares of Axalta Coating Systems in a report on Wednesday, July 29th. Weiss Ratings raised Axalta Coating Systems from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, August 3rd. BMO Capital Markets upped their price target on Axalta Coating Systems from $35.00 to $39.00 and gave the stock a "market perform" rating in a research report on Wednesday, July 29th. Royal Bank Of Canada raised their price objective on Axalta Coating Systems from $34.00 to $36.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 8th. Finally, Wall Street Zen cut Axalta Coating Systems from a "strong-buy" rating to a "buy" rating in a research report on Monday, August 10th. Four research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, Axalta Coating Systems currently has a consensus rating of "Hold" and a consensus target price of $36.00.

Axalta Coating Systems Trading Down 1.3%

Shares of AXTA stock opened at $34.00 on Friday. 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 company has a market cap of $7.28 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 1.59 and a beta of 1.24. Axalta Coating Systems has a 1 year low of $24.94 and a 1 year high of $38.61. The firm has a fifty day moving average price of $35.15 and a 200-day moving average price of $31.83.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of AXTA. BlackRock Inc. bought a new stake in Axalta Coating Systems during the second quarter valued at about $668,541,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Axalta Coating Systems in the second quarter worth about $599,029,000. Artisan Partners Limited Partnership boosted its stake in shares of Axalta Coating Systems by 887.2% in the fourth 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. California State Teachers Retirement System grew its position in shares of Axalta Coating Systems by 3,242.7% during the second quarter. California State Teachers Retirement System now owns 8,434,032 shares of the specialty chemicals company's stock worth $288,613,000 after purchasing an additional 8,181,723 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Axalta Coating Systems by 10.9% during the first quarter. Dimensional Fund Advisors LP now owns 7,695,348 shares of the specialty chemicals company's stock worth $213,143,000 after purchasing an additional 754,098 shares in the last quarter. Institutional investors 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 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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