About Axalta Coating Systems (NYSE:AXTA)
Axalta Coating Systems Ltd. is a holding company. The Company is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry. The Company's segments include Performance Coatings and Transportation Coatings. Through its Performance Coatings segment, the Company provides liquid and powder coatings solutions to a fragmented and local customer base. Through its Transportation Coatings segment, the Company provides coating technologies to original equipment manufacturers (OEMs) of light and commercial vehicles. The Performance Coatings segment serves various end markets, including refinish and industrial. The Company develops, markets and supplies a portfolio of coatings systems and color matching technologies. The Company also develops and supplies an array of coatings systems for a range of commercial applications, including heavy-duty truck (HDT), bus, rail and agricultural construction equipment (ACE).
Industry, Sector and Symbol
Industry Paint & Coating
Trailing P/E Ratio28.52
Forward P/E Ratio27.53
Sales & Book Value
Annual Sales$4.07 billion
Price / Sales1.89
Cash Flow$2.53 per share
Price / Cash12.49
Book Value$5.23 per share
Price / Book6.05
Net Income$41.80 million
Return on Equity19.91%
Return on Assets4.30%
Axalta Coating Systems (NYSE:AXTA) Frequently Asked Questions
What is Axalta Coating Systems' stock symbol?
Axalta Coating Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "AXTA."
How were Axalta Coating Systems' earnings last quarter?
Axalta Coating Systems Ltd (NYSE:AXTA) posted its quarterly earnings data on Thursday, October, 26th. The specialty chemicals company reported $0.26 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.03. The specialty chemicals company earned $1.10 billion during the quarter, compared to analysts' expectations of $1.09 billion. Axalta Coating Systems had a return on equity of 19.91% and a net margin of 1.46%. The business's quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.33 EPS. View Axalta Coating Systems' Earnings History.
When will Axalta Coating Systems make its next earnings announcement?
Where is Axalta Coating Systems' stock going? Where will Axalta Coating Systems' stock price be in 2018?
16 brokerages have issued twelve-month price targets for Axalta Coating Systems' stock. Their forecasts range from $28.00 to $40.00. On average, they expect Axalta Coating Systems' share price to reach $33.36 in the next year. View Analyst Ratings for Axalta Coating Systems.
What are Wall Street analysts saying about Axalta Coating Systems stock?
Here are some recent quotes from research analysts about Axalta Coating Systems stock:
- 1. According to Zacks Investment Research, "Axalta Coating Systems Ltd. is a global coatings company engaged in the manufacturing, marketing and distribution of coatings systems. The company offers waterborne and solvent borne coatings; liquid and powder coatings; and liquid coatings. It provides a range of performance and transportation coatings for manufacturers of light and commercial vehicles, the refinish aftermarket and for many industrial applications. The Company's products and services include paint, color matching tools, application technologies and customer training, support and business management systems. Axalta Coating Systems Ltd. is headquartered in Philadelphia, Pennsylvania. " (1/9/2018)
- 2. Jefferies Group LLC analysts commented, "Resilience and pricing power in the Refinishing segment provide relative stability, but innovation-lead share gains and M&A in all segments will be needed to deliver an 11% sales CAGR from 2016-2020E. Acquisitions will be the first use of cash, but a dividend or share repurchases by the end of 2017E appears likely' Since the IPO, debt reduction has been the first use of cash, but with net debt 3.0x 2016 EBITDA, cash priorities will likely shift. Axalta expects M&A to account for half of the 11% 2016-2020E sales." (2/23/2017)
Who are some of Axalta Coating Systems' key competitors?
Some companies that are related to Axalta Coating Systems include Celanese (CE), Sociedad Quimica y Minera de Chile (SQM), Wilmar Interl (WLMIY), Arconic (ARNC), Franco Nevada (FNV), Westlake Chemical (WLK), Eastman Chemical (EMN), Fresnillo (FNLPF), Stora Enso OYJ (SEOAY), Novozymes A/S (NVZMY), Newcrest Mining (NCMGY), Agnico Eagle Mines (AEM), Yara International ASA (YARIY), First Quantum Minerals (FM), Fortescue Metals G (FSUGY), Albemarle (ALB), Braskem (BAK) and Goldcorp (GG).
Who are Axalta Coating Systems' key executives?
Axalta Coating Systems' management team includes the folowing people:
- Charles W. Shaver, Chairman of the Board, Chief Executive Officer (Age 58)
- Robert W. Bryant, Chief Financial Officer, Executive Vice President (Age 48)
- Steven R. Markevich, Executive Vice President, President - Transportation Coatings and Greater China (Age 57)
- Michael F. Finn, Senior Vice President, General Counsel, Chief Compliance Officer, Government Relations and Corporate Secretary (Age 50)
- Michael A. Cash, Senior Vice President, President - Industrial Coatings (Age 55)
- Dan Key, Senior Vice President - Operations and Supply Chain, Head - Global Operations
- Joseph F. Mcdougall, Senior Vice President and President - Global Refinish at Axalta Coating Systems (Age 46)
- Robert Ferris, Vice President - Corporate Affairs and Chief Communications Officer
- Matthew Winokur, Vice President - Sustainability
- Elizabeth Cahill Lempres, Director
When did Axalta Coating Systems IPO?
(AXTA) raised $975 million in an IPO on Wednesday, November 12th 2014. The company issued 50,000,000 shares at $19.50 per share. Citigroup, Goldman Sachs, Deutsche Bank Securities, J.P. Morgan, BofA Merrill Lynch, Barclays, Credit Suisse and Morgan Stanley acted as the underwriters for the IPO and Jefferies, UBS Investment Bank, Baird, BB&T Capital Markets, Nomura and SMBC Nikko were co-managers.
Who owns Axalta Coating Systems stock?
Axalta Coating Systems' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.94%), Schwab Charles Investment Management Inc. (0.90%), Marathon Asset Management LLP (0.52%), Country Trust Bank (0.17%), Bank of Montreal Can (0.06%) and Courant Investment Management LLC (0.06%). Company insiders that own Axalta Coating Systems stock include Andreas Kramvis, Charles W Shaver, Joseph F Mcdougall, Michael A Cash, Michael F Finn, Robert W Bryant, Samuel L Smolik, Sean M Lannon, Steven R Markevich and V General Partner LLC Cp. View Institutional Ownership Trends for Axalta Coating Systems.
Who sold Axalta Coating Systems stock? Who is selling Axalta Coating Systems stock?
Axalta Coating Systems' stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Schwab Charles Investment Management Inc. and Leith Wheeler Investment Counsel Ltd.. Company insiders that have sold Axalta Coating Systems company stock in the last year include Charles W Shaver, Joseph F Mcdougall, Michael A Cash, Michael F Finn, Robert W Bryant, Sean M Lannon and Steven R Markevich. View Insider Buying and Selling for Axalta Coating Systems.
Who bought Axalta Coating Systems stock? Who is buying Axalta Coating Systems stock?
Axalta Coating Systems' stock was acquired by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Country Trust Bank, CWM LLC, Courant Investment Management LLC, Havens Advisors LLC, Beacon Financial Group, Jolley Asset Management LLC and Marathon Asset Management LLP. View Insider Buying and Selling for Axalta Coating Systems.
How do I buy Axalta Coating Systems stock?
Shares of Axalta Coating Systems can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Axalta Coating Systems' stock price today?
One share of Axalta Coating Systems stock can currently be purchased for approximately $31.66.
How big of a company is Axalta Coating Systems?
Axalta Coating Systems has a market capitalization of $7.71 billion and generates $4.07 billion in revenue each year. The specialty chemicals company earns $41.80 million in net income (profit) each year or $0.24 on an earnings per share basis. Axalta Coating Systems employs 13,000 workers across the globe.
How can I contact Axalta Coating Systems?
Axalta Coating Systems' mailing address is 2001 MARKET STREET SUITE 3600 TWO COMMERCE SQUARE, PHILADELPHIA PA, 19103. The specialty chemicals company can be reached via phone at 855-547-1461 or via email at [email protected]
MarketBeat Community Rating for Axalta Coating Systems (AXTA)MarketBeat's community ratings are surveys of what our community members think about Axalta Coating Systems and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Axalta Coating Systems (NYSE:AXTA) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.44||2.44||2.33||2.31|
|Ratings Breakdown: ||1 Sell Rating(s)|
7 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
7 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
6 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
9 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$33.36||$33.50||$31.62||$33.67|
|Price Target Upside: ||2.83% upside||6.18% upside||11.83% upside||0.92% upside|
Axalta Coating Systems (NYSE:AXTA) Consensus Price Target History
Axalta Coating Systems (NYSE:AXTA) Analyst Ratings History
(Data available from 1/21/2016 forward)
Axalta Coating Systems (NYSE:AXTA) Earnings History and Estimates Chart
Axalta Coating Systems (NYSE AXTA) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/26/2017||Q3 2017||$0.23||$0.26||$1.09 billion||$1.10 billion||View||N/A|
|8/3/2017||Q2 2017||$0.39||$0.31||$1.12 billion||$1.09 billion||View||Listen|
|4/26/2017||Q1 2017||$0.24||$0.26||$994.43 million||$1.01 billion||View||N/A|
|2/8/2017||Q416||$0.29||$0.28||$1.02 billion||$1.03 billion||View||Listen|
|10/27/2016||Q316||$0.31||$0.32||$1.01 billion||$1.02 billion||View||Listen|
|7/26/2016||Q216||$0.35||$0.34||$1.07 billion||$1.07 billion||View||Listen|
|4/28/2016||Q116||$0.18||$0.17||$964.61 million||$955.60 million||View||Listen|
|2/10/2016||Q415||$0.26||$0.24||$1.02 billion||$1,000.00 million||View||Listen|
|10/28/2015||Q315||$0.26||$0.27||$1.06 billion||$1,000.00 million||View||Listen|
|8/4/2015||Q215||$0.30||$0.35||$1.10 billion||$1.10 billion||View||N/A|
|5/6/2015||Q115||$0.15||$0.19||$1,000.00 million||$1,000.00 million||View||N/A|
|3/10/2015||Q414||$0.23||($0.01)||$1.09 billion||$1.10 billion||View||N/A|
Axalta Coating Systems (NYSE:AXTA) Earnings Estimates
2018 EPS Consensus Estimate: $1.48
2019 EPS Consensus Estimate: $1.60
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Axalta Coating Systems (NYSE:AXTA)
No dividend announcements for this company have been tracked by MarketBeat.com
Axalta Coating Systems (NYSE AXTA) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.30%
Institutional Ownership Percentage: 99.79%
Axalta Coating Systems (NYSE AXTA) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/12/2017||Michael F Finn||SVP||Sell||3,950||$32.66||$129,007.00||108,818|| |
|10/5/2017||Michael A Cash||SVP||Sell||34,874||$30.00||$1,046,220.00|| |
|10/3/2017||Steven R Markevich||EVP||Sell||900||$29.42||$26,478.00||201,393|| |
|9/1/2017||Steven R Markevich||EVP||Sell||160,000||$29.37||$4,699,200.00||280,377|| |
|8/7/2017||Samuel L Smolik||Director||Buy||4,000||$28.16||$112,640.00||4,000|| |
|7/12/2017||Sean M Lannon||VP||Sell||5,000||$33.00||$165,000.00||16,286|| |
|7/3/2017||Joseph F Mcdougall||SVP||Sell||40,000||$32.13||$1,285,200.00||142,551|| |
|7/3/2017||Robert W Bryant||CFO||Sell||114,500||$32.13||$3,678,885.00||328,234|| |
|6/2/2017||Sean M Lannon||VP||Sell||5,000||$33.00||$165,000.00||16,286|| |
|5/15/2017||Charles W Shaver||CEO||Sell||179,487||$31.32||$5,621,532.84||528,907|| |
|5/15/2017||Michael A Cash||SVP||Sell||18,851||$31.41||$592,109.91||152,417|| |
|5/15/2017||Robert W Bryant||CFO||Sell||40,237||$31.40||$1,263,441.80||213,734|| |
|5/15/2017||Sean M Lannon||VP||Sell||4,340||$31.35||$136,059.00||4,088|| |
|5/15/2017||Steven R Markevich||EVP||Sell||30,874||$31.39||$969,134.86||202,293|| |
|4/26/2017||Sean M Lannon||VP||Sell||5,000||$32.72||$163,600.00||7,806|| |
|4/3/2017||Michael F Finn||SVP||Sell||37,200||$31.76||$1,181,472.00||158,771|| |
|4/3/2017||Robert W Bryant||CFO||Sell||114,500||$31.76||$3,636,520.00||368,471|| |
|3/16/2017||Sean M Lannon||VP||Sell||5,000||$32.50||$162,500.00||7,806|| |
|3/15/2017||Steven R Markevich||EVP||Sell||108,558||$31.13||$3,379,410.54||341,725|| |
|3/13/2017||Michael A Cash||SVP||Sell||25,000||$31.37||$784,250.00||196,268|| |
|3/6/2017||Joseph F Mcdougall||SVP||Sell||40,000||$29.29||$1,171,600.00||144,705|| |
|3/3/2017||Robert W Bryant||CFO||Sell||17,709||$29.30||$518,873.70||271,680|| |
|2/3/2017||Michael A Cash||SVP||Sell||1,083||$29.52||$31,970.16||150,328|| |
|2/3/2017||Robert W Bryant||CFO||Sell||2,445||$29.48||$72,078.60||215,811|| |
|2/3/2017||Sean M Lannon||VP||Sell||993||$29.53||$29,323.29||3,799|| |
|2/3/2017||Steven R Markevich||EVP||Sell||1,691||$29.49||$49,867.59||189,918|| |
|1/12/2017||Robert W Bryant||CFO||Sell||48,882||$28.00||$1,368,696.00||267,138|| |
|1/4/2017||Robert W Bryant||CFO||Sell||47,236||$28.00||$1,322,608.00||265,492|| |
|12/16/2016||Michael F Finn||SVP||Sell||4,000||$27.00||$108,000.00||102,384|| |
|10/4/2016||Charles W Shaver||CEO||Sell||24,237||$28.05||$679,847.85||728,061|| |
|10/3/2016||Charles W Shaver||CEO||Sell||275,763||$28.06||$7,737,909.78||728,061|| |
|10/3/2016||Michael F Finn||SVP||Sell||36,398||$28.09||$1,022,419.82||102,782|| |
|10/3/2016||Sean M Lannon||VP||Sell||9,336||$28.07||$262,061.52||3,615|| |
|10/3/2016||Steven R Markevich||EVP||Sell||921||$28.05||$25,834.05||191,609|| |
|8/2/2016||V General Partner L.L.C. Cp||Major Shareholder||Sell||41,621,996||$28.13||$1,170,826,747.48|| |
|8/1/2016||Robert W Bryant||CFO||Sell||227,654||$28.33||$6,449,437.82||294,256|| |
|7/28/2016||Charles W Shaver||CEO||Sell||200,000||$28.21||$5,642,000.00||762,110|| |
|7/28/2016||Michael A Cash||SVP||Sell||44,382||$28.02||$1,243,583.64||195,793|| |
|7/28/2016||Sean M Lannon||VP||Sell||17,000||$28.01||$476,170.00||5,842|| |
|7/28/2016||Steven R Markevich||EVP||Sell||133,164||$28.25||$3,761,883.00||295,694|| |
|6/28/2016||V General Partner L.L.C. Cp||Major Shareholder||Sell||3,190,000||$27.93||$89,096,700.00|| |
|5/13/2016||Michael A Cash||SVP||Sell||1,420||$27.95||$39,689.00||151,411|| |
|5/13/2016||Sean M Lannon||VP||Sell||439||$27.94||$12,265.66||1,281|| |
|5/13/2016||Steven R Markevich||EVP||Sell||1,794||$27.95||$50,142.30||192,530|| |
|4/13/2016||Andreas Kramvis||Director||Sell||32,100||$30.00||$963,000.00||9,433|| |
|4/5/2016||Joseph F Mcdougall||SVP||Sell||81,837||$28.74||$2,351,995.38||181,536|| |
|10/23/2015||Andreas Kramvis||Director||Sell||7,900||$30.00||$237,000.00||17,458|| |
|10/16/2015||Andreas Kramvis||Director||Sell||79,600||$28.33||$2,255,068.00||19,433|| |
|10/16/2015||Robert W. Bryant||CFO||Sell||149,470||$28.36||$4,238,969.20||173,076|| |
|10/16/2015||Sean M. Lannon||insider||Sell||43,410||$29.00||$1,258,890.00|| |
|10/15/2015||Michael A. Cash||SVP||Sell||50,069||$28.00||$1,401,932.00||123,787|| |
|10/9/2015||Robert W. Bryant||CFO||Sell||2,300||$28.00||$64,400.00||173,076|| |
|10/6/2015||Andreas Kramvis||Director||Sell||80,000||$26.99||$2,159,200.00||39,433|| |
|10/5/2015||Andreas Kramvis||Director||Sell||10,000||$27.01||$270,100.00||39,433|| |
|9/15/2015||Charles W. Shaver||CEO||Sell||50,000||$28.01||$1,400,500.00||384,615|| |
|9/10/2015||Michael A. Cash||SVP||Sell||50,589||$28.51||$1,442,292.39||123,787|| |
|9/2/2015||Michael F. Finn||SVP||Sell||79,356||$28.45||$2,257,678.20||73,076|| |
|9/2/2015||Robert W. Bryant||CFO||Sell||151,770||$28.43||$4,314,821.10||173,076|| |
|9/1/2015||Charles W. Shaver||CEO||Sell||38,000||$28.37||$1,078,060.00||384,615|| |
|9/1/2015||Joseph F. Mcdougall||SVP||Sell||87,292||$28.32||$2,472,109.44||73,076|| |
|8/18/2015||Robert M Mclaughlin||Director||Sell||38,100||$30.68||$1,168,908.00|| |
|8/17/2015||Carlyle Group Management L.L.C||Major Shareholder||Sell||34,500,000||$28.86||$995,670,000.00|| |
|8/17/2015||Charles W Shaver||CEO||Sell||150,000||$30.63||$4,594,500.00|| |
|8/17/2015||Michael A Cash||SVP||Sell||25,312||$30.63||$775,306.56|| |
|8/14/2015||Andreas Kramvis||Director||Sell||40,000||$30.18||$1,207,200.00|| |
|8/13/2015||Michael F Finn||SVP||Sell||42,158||$29.84||$1,257,994.72|| |
|7/21/2015||Charles W Shaver||CEO||Sell||70,000||$31.18||$2,182,600.00|| |
|7/16/2015||Charles W Shaver||CEO||Sell||60,000||$32.46||$1,947,600.00|| |
|7/8/2015||Orlando Antonio Bustos||Director||Sell||16,541||$32.57||$538,740.37|| |
|7/8/2015||Steven R Markevich||SVP||Sell||51,582||$32.49||$1,675,899.18|| |
|7/7/2015||Orlando Antonio Bustos||Director||Sell||45,000||$33.00||$1,485,000.00|| |
|7/7/2015||Robert W Bryant||CFO||Sell||75,770||$33.02||$2,501,925.40|| |
|7/6/2015||Charles W Shaver||CEO||Sell||50,000||$32.53||$1,626,500.00|| |
|7/6/2015||Orlando Antonio Bustos||Director||Sell||20,000||$32.51||$650,200.00|| |
|7/6/2015||Robert W Bryant||CFO||Sell||76,000||$32.52||$2,471,520.00|| |
|7/2/2015||Charles W Shaver||CEO||Sell||250,000||$32.78||$8,195,000.00|| |
|7/2/2015||Michael F Finn||SVP||Sell||48,678||$32.81||$1,597,125.18|| |
|7/2/2015||Orlando Antonio Bustos||Director||Sell||40,000||$32.69||$1,307,600.00|| |
|6/1/2015||Charles W Shaver||CEO||Sell||50,000||$34.36||$1,718,000.00|| |
|5/12/2015||Michael F Finn||SVP||Sell||144,477||$32.33||$4,670,941.41|| |
|5/12/2015||Robert W Bryant||CFO||Sell||388,040||$32.40||$12,572,496.00|| |
|4/8/2015||Carlyle Group Management L.L.C||Major Shareholder||Sell||66,000,000||$27.32||$1,803,120,000.00|| |
Axalta Coating Systems (NYSE AXTA) News Headlines
Axalta Coating Systems (NYSE:AXTA) SEC Filings
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Axalta Coating Systems (NYSE:AXTA) Income Statement, Balance Sheet and Cash Flow Statement
Axalta Coating Systems (NYSE AXTA) Stock Chart for Sunday, January, 21, 2018