NYSE:AXTA

Axalta Coating Systems Stock Forecast, Price & News

$30.98
-0.07 (-0.23 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$30.61
$31.11
50-Day Range
$29.67
$33.71
52-Week Range
$20.25
$34.20
Volume4.41 million shs
Average Volume3.16 million shs
Market Capitalization$7.22 billion
P/E Ratio86.06
Dividend YieldN/A
Beta1.47
30 days | 90 days | 365 days | Advanced Chart
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Axalta Coating Systems logo

About Axalta Coating Systems

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. It operates through two segments, Performance Coatings and Transportation Coatings. The company offers water and solvent borne products and systems to repair damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops. It also provides functional and decorative liquid and powder coatings used in various industrial applications, including architectural cladding and fittings, automotive coatings, general industrial, job coaters, electrical insulation coatings, HVAC, appliances, industrial wood, coil, rebar, and oil and gas pipelines; and wood coatings for building product, cabinet, flooring, and furniture markets under the Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Tufcote, and Ceranamel for liquid coatings; and Alesta, Nap-Gard, Abcite, and Plascoat brands for powder coatings. In addition, the company develops and supplies electrocoat, primer, basecoat, and clearcoat products for OEMs of light and commercial vehicles; and various coatings systems for various commercial applications, including HDT, bus, and rail under the Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands; and sells and ships its products to light vehicle OEM customers. It also sells its product under the Audurra, Challenger, Chemophan, ColorNet, Cromax, Cromax Mosaic, Durapon 70, Duxone, Harmonized Coating Technologies, Imron ExcelPro, Lutophen, Nason, Spies Hecker, Standox, Stollaquid, Syntopal, Syrox, and Vermeera brand names. The company was formerly known as Axalta Coating Systems Bermuda Co., Ltd. and changed its name to Axalta Coating Systems Ltd. in August 2014. Axalta Coating Systems Ltd. was founded in 1866 and is headquartered in Philadelphia, Pennsylvania.

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MarketRank

Overall MarketRank

2.02 out of 5 stars

Basic Materials Sector

51st out of 887 stocks

Paints & Allied Products Industry

3rd out of 6 stocks

Analyst Opinion: 3.4Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Axalta Coating Systems (NYSE:AXTA) Frequently Asked Questions

Is Axalta Coating Systems a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Axalta Coating Systems in the last twelve months. There are currently 2 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Axalta Coating Systems stock.
View analyst ratings for Axalta Coating Systems
or view top-rated stocks.

What stocks does MarketBeat like better than Axalta Coating Systems?

Wall Street analysts have given Axalta Coating Systems a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Axalta Coating Systems wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Axalta Coating Systems?

Axalta Coating Systems saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 10,040,000 shares, an increase of 37.5% from the May 13th total of 7,300,000 shares. Based on an average daily trading volume, of 3,260,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 4.3% of the shares of the stock are sold short.
View Axalta Coating Systems' Short Interest
.

When is Axalta Coating Systems' next earnings date?

Axalta Coating Systems is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Axalta Coating Systems
.

How were Axalta Coating Systems' earnings last quarter?

Axalta Coating Systems Ltd. (NYSE:AXTA) announced its earnings results on Sunday, April, 25th. The specialty chemicals company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.08. The specialty chemicals company had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $1.03 billion. Axalta Coating Systems had a net margin of 2.22% and a trailing twelve-month return on equity of 25.94%. Axalta Coating Systems's revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business earned $0.31 earnings per share.
View Axalta Coating Systems' earnings history
.

How has Axalta Coating Systems' stock been impacted by Coronavirus (COVID-19)?

Axalta Coating Systems' stock was trading at $20.32 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AXTA stock has increased by 52.5% and is now trading at $30.98.
View which stocks have been most impacted by COVID-19
.

What guidance has Axalta Coating Systems issued on next quarter's earnings?

Axalta Coating Systems updated its FY 2021 earnings guidance on Tuesday, May, 4th. The company provided EPS guidance of 1.950-2.100 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.900. The company issued revenue guidance of $4.49 billion-$4.56 billion, compared to the consensus revenue estimate of $4.30 billion.

What price target have analysts set for AXTA?

9 analysts have issued 1 year target prices for Axalta Coating Systems' stock. Their forecasts range from $27.00 to $41.00. On average, they expect Axalta Coating Systems' share price to reach $35.63 in the next year. This suggests a possible upside of 15.0% from the stock's current price.
View analysts' price targets for Axalta Coating Systems
or view top-rated stocks among Wall Street analysts.

Who are Axalta Coating Systems' key executives?

Axalta Coating Systems' management team includes the following people:
  • Mr. Robert W. Bryant, CEO, Pres & Director (Age 53, Pay $2.04M)
  • Mr. Sean M. Lannon, Sr. VP & CFO (Age 42, Pay $944.56k)
  • Mr. Brian A. Berube, Sr. VP, Gen. Counsel & Corp. Sec. (Age 59, Pay $811.12k)
  • Mr. Hadi H. Awada, Sr. VP of Global Transportation Coatings (Age 42, Pay $496.82k)
  • Mr. Troy D. Weaver, Sr. VP of Global Refinish (Age 49, Pay $702.74k)
  • Dr. Barry S. Snyder, Sr. VP, Chief Operations & Supply Chain Officer (Age 58)
  • Dr. Robert Roop, VP & CTO
  • Mr. Ashish Jawadiwar, VP and Chief Information & Digital Officer
  • Mr. Christopher H. Mecray, VP of Investor Relations, Treasury & Strategy
  • Ms. Tabitha Oman, VP, Deputy Gen. Counsel & Chief Compliance Officer

What is Robert Bryant's approval rating as Axalta Coating Systems' CEO?

42 employees have rated Axalta Coating Systems CEO Robert Bryant on Glassdoor.com. Robert Bryant has an approval rating of 80% among Axalta Coating Systems' employees.

Who are some of Axalta Coating Systems' key competitors?

Some companies that are related to Axalta Coating Systems include PPG Industries (PPG), Akzo Nobel (AKZOD), Akzo Nobel (AKZOY), RPM International (RPM) and Ferro (FOE).
View all of AXTA's competitors
.

What other stocks do shareholders of Axalta Coating Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Axalta Coating Systems investors own include AT&T (T), Intel (INTC), AbbVie (ABBV), Micron Technology (MU), PPG Industries (PPG), Wells Fargo & Company (WFC), BlackRock (BLK), General Motors (GM), Johnson & Johnson (JNJ) and Raytheon Technologies (RTX).

When did Axalta Coating Systems IPO?

(AXTA) raised $975 million in an initial public offering (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.

What is Axalta Coating Systems' stock symbol?

Axalta Coating Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "AXTA."

Who are Axalta Coating Systems' major shareholders?

Axalta Coating Systems' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.37%), Berkshire Hathaway Inc (5.96%), Massachusetts Financial Services Co. MA (4.42%), Shapiro Capital Management LLC (4.05%), Rivulet Capital LLC (2.75%) and Vaughan Nelson Investment Management L.P. (1.97%). Company insiders that own Axalta Coating Systems stock include Barry S Snyder, Berkshire Hathaway Inc, Robert M Mclaughlin and Steven R Markevich.
View institutional ownership trends for Axalta Coating Systems
.

Which institutional investors are selling Axalta Coating Systems stock?

AXTA stock was sold by a variety of institutional investors in the last quarter, including Berkshire Hathaway Inc, London Co. of Virginia, Robeco Institutional Asset Management B.V., Schonfeld Strategic Advisors LLC, Sessa Capital IM L.P., BlackRock Inc., Carlson Capital L P, and Healthcare of Ontario Pension Plan Trust Fund. Company insiders that have sold Axalta Coating Systems company stock in the last year include Barry S Snyder, Berkshire Hathaway Inc, Robert M Mclaughlin, and Steven R Markevich.
View insider buying and selling activity for Axalta Coating Systems
or view top insider-selling stocks.

Which institutional investors are buying Axalta Coating Systems stock?

AXTA stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, Parsifal Capital Management LP, Shapiro Capital Management LLC, Assenagon Asset Management S.A., Renaissance Technologies LLC, Millennium Management LLC, and Massachusetts Financial Services Co. MA.
View insider buying and selling activity for Axalta Coating Systems
or or view top insider-buying stocks.

How do I buy shares of Axalta Coating Systems?

Shares of AXTA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Axalta Coating Systems' stock price today?

One share of AXTA stock can currently be purchased for approximately $30.98.

How much money does Axalta Coating Systems make?

Axalta Coating Systems has a market capitalization of $7.22 billion and generates $3.74 billion in revenue each year. The specialty chemicals company earns $121.60 million in net income (profit) each year or $1.33 on an earnings per share basis.

How many employees does Axalta Coating Systems have?

Axalta Coating Systems employs 14,000 workers across the globe.

What is Axalta Coating Systems' official website?

The official website for Axalta Coating Systems is www.axalta.com.

Where are Axalta Coating Systems' headquarters?

Axalta Coating Systems is headquartered at 2001 MARKET STREET SUITE 3600 TWO COMMERCE SQUARE, PHILADELPHIA PA, 19103.

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]


This page was last updated on 6/19/2021 by MarketBeat.com Staff
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