UBS Group Issues Pessimistic Forecast for Axalta Coating Systems (NYSE:AXTA) Stock Price

Key Points

• UBS cut its price target on Axalta from $36 to $31 and kept a "neutral" rating, implying roughly a 15.3% upside from the current share price.
• Axalta slightly missed quarterly expectations with EPS of $0.59 versus $0.60 and revenue of $1.26B versus $1.27B, reporting revenue down 3.7% year-over-year and issuing Q1 guidance around $0.50 EPS.
• The street consensus is a "Hold" (12 Holds, 7 Buys) with an average price target of $36.13, while shares trade near $26.90 and sit in a 52-week range of $24.94–$35.72.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) had its target price dropped by analysts at UBS Group from $36.00 to $31.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a "neutral" rating on the specialty chemicals company's stock. UBS Group's price objective points to a potential upside of 15.26% from the stock's current price.

A number of other equities research analysts also recently weighed in on AXTA. Robert W. Baird set a $37.00 target price on Axalta Coating Systems in a research report on Wednesday, February 11th. Royal Bank Of Canada raised their price target on Axalta Coating Systems from $33.00 to $35.00 and gave the company a "sector perform" rating in a report on Thursday, February 12th. Citigroup lowered their price objective on Axalta Coating Systems from $45.00 to $42.00 and set a "buy" rating for the company in a research report on Wednesday. KeyCorp reissued a "sector weight" rating on shares of Axalta Coating Systems in a report on Wednesday, February 11th. Finally, Vertical Research downgraded shares of Axalta Coating Systems from a "buy" rating to a "hold" rating in a research report on Wednesday, January 7th. Seven analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $36.13.

Axalta Coating Systems Price Performance

Shares of AXTA stock traded down $0.77 during trading hours on Thursday, reaching $26.90. 2,184,855 shares of the company were exchanged, compared to its average volume of 3,285,899. Axalta Coating Systems has a fifty-two week low of $24.94 and a fifty-two week high of $35.72. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.06 and a quick ratio of 1.50. The stock's fifty day moving average is $31.34 and its two-hundred day moving average is $30.46. The company has a market cap of $5.74 billion, a price-to-earnings ratio of 15.46, a P/E/G ratio of 1.22 and a beta of 1.29.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share for the quarter, missing analysts' consensus estimates of $0.60 by ($0.01). Axalta Coating Systems had a net margin of 7.39% and a return on equity of 23.60%. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period in the prior year, the business earned $0.60 EPS. The business's revenue for the quarter was down 3.7% on a year-over-year basis. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. Sell-side analysts forecast that Axalta Coating Systems will post 2.55 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Axalta Coating Systems

Institutional investors and hedge funds have recently made changes to their positions in the company. Intech Investment Management LLC lifted its holdings in shares of Axalta Coating Systems by 277.3% during the 3rd quarter. Intech Investment Management LLC now owns 103,292 shares of the specialty chemicals company's stock valued at $2,956,000 after purchasing an additional 75,915 shares in the last quarter. Lakewood Capital Management LP increased its stake in Axalta Coating Systems by 34.2% during the 3rd quarter. Lakewood Capital Management LP now owns 1,187,648 shares of the specialty chemicals company's stock worth $33,990,000 after purchasing an additional 302,751 shares in the last quarter. Artisan Partners Limited Partnership raised its holdings in Axalta Coating Systems by 189.9% during the 3rd quarter. Artisan Partners Limited Partnership now owns 1,273,955 shares of the specialty chemicals company's stock worth $36,461,000 after buying an additional 834,481 shares during the period. CWM LLC lifted its stake in Axalta Coating Systems by 211.8% in the third quarter. CWM LLC now owns 141,253 shares of the specialty chemicals company's stock valued at $4,043,000 after buying an additional 95,950 shares in the last quarter. Finally, Wedge Capital Management L L P NC lifted its stake in Axalta Coating Systems by 23.9% in the third quarter. Wedge Capital Management L L P NC now owns 166,639 shares of the specialty chemicals company's stock valued at $4,769,000 after buying an additional 32,196 shares in the last quarter. Institutional investors and hedge funds own 98.28% of the company's stock.

About Axalta Coating Systems

Axalta Coating Systems is a global leader in the development, manufacture and sale of liquid and powder coatings. The company's product portfolio spans refinish coatings for the automotive collision repair market, original equipment manufacturer (OEM) coatings for new vehicle production, and industrial coatings including electrodeposition (E-coat) and powder coatings for a variety of sectors such as architecture, heavy equipment and general industrial applications.

Tracing its roots to the 19th century and rebranded as Axalta following its separation from DuPont Performance Coatings in 2013, the company has built a presence in more than 100 countries.

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