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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:AXTA

Axalta Coating Systems Stock Forecast, Price & News

$24.45
+1.27 (+5.48%)
(As of 06/24/2022 06:40 PM ET)
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Today's Range
$23.28
$24.58
50-Day Range
$22.76
$28.11
52-Week Range
$21.67
$34.12
Volume
3.83 million shs
Average Volume
2.64 million shs
Market Capitalization
$5.41 billion
P/E Ratio
19.56
Dividend Yield
N/A
Price Target
$31.00
30 days | 90 days | 365 days | Advanced Chart

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AXTA Stock Forecast (MarketRank)

Overall MarketRank

2.46 out of 5 stars

Basic Materials Sector

71st out of 240 stocks

Paints & Allied Products Industry

3rd out of 4 stocks

Analyst Opinion: 3.1Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -
Axalta Coating Systems logo

About Axalta Coating Systems (NYSE:AXTA)

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, energy solutions, HVAC, appliances, industrial wood, coil, and oil and gas pipelines; and coatings for building materials, cabinet, wood and luxury vinyl flooring, and furniture market under the Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Tufcote, and Ceranamel for liquid coatings; and Alesta, Nap-Gard, Abcite, Teodur, and Plascoat brands for powder coatings. In addition, the company develops and supplies electrocoat, primer, the basecoat, and clearcoat products for OEMs of light and commercial vehicles; and coatings systems for various commercial applications, including HDT, bus, and rail under the Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands. 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, Raptor, U-POL, 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.

AXTA Stock News Headlines

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Industry, Sector and Symbol

Industry
Paints & allied products
Sub-Industry
N/A
Fax
N/A
Employees
13,000
Year Founded
N/A

Company Calendar

Last Earnings
4/25/2022
Today
6/27/2022
Next Earnings (Estimated)
7/25/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$31.00
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+26.8%
Consensus Rating
Hold
Rating Score (0-4)
2.22222222222222
Research Coverage
9 Analysts

Profitability

Net Income
$263.90 million
Pretax Margin
8.24%

Debt

Sales & Book Value

Annual Sales
$4.42 billion
Cash Flow
$3.12 per share
Book Value
$6.74 per share

Miscellaneous

Free Float
220,361,000
Market Cap
$5.41 billion
Optionable
Optionable
Beta
1.29














Axalta Coating Systems Frequently Asked Questions

Should I buy or sell Axalta Coating Systems stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Axalta Coating Systems in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Axalta Coating Systems stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AXTA, but not buy additional shares or sell existing shares.
View analyst ratings for Axalta Coating Systems
or view top-rated stocks.

What is Axalta Coating Systems' stock price forecast for 2022?

9 Wall Street analysts have issued 1-year price targets for Axalta Coating Systems' shares. Their AXTA stock forecasts range from $26.00 to $40.00. On average, they predict Axalta Coating Systems' stock price to reach $31.00 in the next year. This suggests a possible upside of 26.8% from the stock's current price.
View analysts' price targets for Axalta Coating Systems
or view top-rated stocks among Wall Street analysts.

How has Axalta Coating Systems' stock performed in 2022?

Axalta Coating Systems' stock was trading at $33.12 on January 1st, 2022. Since then, AXTA shares have decreased by 26.2% and is now trading at $24.45.
View the best growth stocks for 2022 here
.

Are investors shorting Axalta Coating Systems?

Axalta Coating Systems saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,320,000 shares, a drop of 21.1% from the April 30th total of 4,210,000 shares. Based on an average trading volume of 2,730,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.5% of the shares of the company 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 Monday, July 25th 2022.
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 Monday, April, 25th. The specialty chemicals company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.05. The specialty chemicals company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.11 billion. Axalta Coating Systems had a net margin of 6.41% and a trailing twelve-month return on equity of 22.66%. Axalta Coating Systems's quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.50 EPS.
View Axalta Coating Systems' earnings history
.

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

Axalta Coating Systems issued an update on its FY22 earnings guidance on Monday, April, 25th. The company provided earnings per share (EPS) guidance of $0.35-$0.45 for the period, compared to the consensus estimate of $1.76. The company issued revenue guidance of $4.90-$4.99 billion, compared to the consensus revenue estimate of $4.82 billion.

Who are Axalta Coating Systems' key executives?

Axalta Coating Systems' management team includes the following people:
  • Mr. Robert W. Bryant, CEO, Pres & Director (Age 54, Pay $2.11M)
  • Mr. Sean M. Lannon, Sr. VP & CFO (Age 43, Pay $965.37k)
  • Mr. Brian A. Berube, Sr. VP, Gen. Counsel & Corp. Sec. (Age 60, Pay $837.65k)
  • Ms. Jacqueline D. Scanlan, Sr. VP & Chief HR Officer (Age 49, Pay $780.14k)
  • Ms. Shelley J. Bausch, Sr. VP of Global Industrial Coatings (Age 56, Pay $1.13M)
  • Dr. Keith C. Silverman Ph.D., Sr. VP and Chief Operations & Supply Chain Officer (Age 55)
  • Dr. Robert Roop, VP & CTO
  • Mr. Ashish Jawadiwar, VP and Chief Information & Digital Officer
  • Mr. Christopher H. Mecray, VP of Investor Relations & Treasury
  • 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.

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 (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 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.18%), Massachusetts Financial Services Co. MA (7.49%), Boston Partners (6.62%), BlackRock Inc. (5.80%), Shapiro Capital Management LLC (4.28%) and JPMorgan Chase & Co. (3.92%). Company insiders that own Axalta Coating Systems stock include Barry S Snyder, Barry S Snyder, Berkshire Hathaway Inc, Robert M Mclaughlin, Steven R Markevich, Troy D Weaver and William M Cook.
View institutional ownership trends for Axalta Coating Systems
.

Which major investors are selling Axalta Coating Systems stock?

AXTA stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Thompson Siegel & Walmsley LLC, River Road Asset Management LLC, Pendal Group Ltd, Lord Abbett & CO. LLC, Confluence Investment Management LLC, Federated Hermes Inc., and Allianz Asset Management GmbH. Company insiders that have sold Axalta Coating Systems company stock in the last two years include Barry S Snyder, Berkshire Hathaway Inc, Robert M Mclaughlin, Steven R Markevich, and Troy D Weaver.
View insider buying and selling activity for Axalta Coating Systems
or view top insider-selling stocks.

Which major investors are buying Axalta Coating Systems stock?

AXTA stock was purchased by a variety of institutional investors in the last quarter, including FIFTHDELTA Ltd, Pzena Investment Management LLC, Massachusetts Financial Services Co. MA, Ariel Investments LLC, Shapiro Capital Management LLC, Leeward Investments LLC MA, Wellington Management Group LLP, and JPMorgan Chase & Co..
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 $24.45.

How much money does Axalta Coating Systems make?

Axalta Coating Systems (NYSE:AXTA) has a market capitalization of $5.41 billion and generates $4.42 billion in revenue each year. The specialty chemicals company earns $263.90 million in net income (profit) each year or $1.25 on an earnings per share basis.

How many employees does Axalta Coating Systems have?

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 official website for Axalta Coating Systems is www.axalta.com. The specialty chemicals company can be reached via phone at (855) 547-1461 or via email at [email protected].

This page (NYSE:AXTA) was last updated on 6/27/2022 by MarketBeat.com Staff

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