Axalta Coating Systems Stock Forecast, Price & News

Axalta Coating Systems' stock was trading at $20.32 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AXTA shares have increased by 23.6% and is now trading at $25.11.
View which stocks have been most impacted by COVID-19.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axalta Coating Systems in the last year. There are currently 3 hold ratings, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Axalta Coating Systems.

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

Axalta Coating Systems Ltd. (NYSE:AXTA) issued its quarterly earnings data on Wednesday, October, 21st. The specialty chemicals company reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.33 by $0.26. Axalta Coating Systems had a net margin of 2.49% and a return on equity of 20.51%.
View Axalta Coating Systems' earnings history.

Axalta Coating Systems updated its FY20 earnings guidance on Wednesday, October, 21st. The company provided earnings per share (EPS) guidance of $1.15-1.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.88.

16 analysts have issued 1-year price targets for Axalta Coating Systems' stock. Their forecasts range from $20.00 to $34.00. On average, they expect Axalta Coating Systems' share price to reach $27.36 in the next twelve months. This suggests a possible upside of 9.0% from the stock's current price.
View analysts' price targets for Axalta Coating Systems.

Axalta Coating Systems saw a increase in short interest in October. As of October 15th, there was short interest totaling 7,810,000 shares, an increase of 42.8% from the September 30th total of 5,470,000 shares. Based on an average trading volume of 2,730,000 shares, the days-to-cover ratio is currently 2.9 days.
View Axalta Coating Systems' Short Interest.

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 competitors.

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).

(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.

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

Axalta Coating Systems' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.79%), Robeco Institutional Asset Management B.V. (0.60%), BP PLC (0.14%), DekaBank Deutsche Girozentrale (0.13%), Assenagon Asset Management S.A. (0.12%) and State of New Jersey Common Pension Fund D (0.06%). Company insiders that own Axalta Coating Systems stock include Andreas Kramvis, Berkshire Hathaway Inc, Charles W Shaver, Joseph F Mcdougall, Michael A Cash, Robert W Bryant, Sean M Lannon and Steven R Markevich.
View institutional ownership trends for Axalta Coating Systems.

AXTA stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., WINTON GROUP Ltd, DekaBank Deutsche Girozentrale, Confluence Investment Management LLC, Standard Life Aberdeen plc, Envestnet Asset Management Inc., Banque Cantonale Vaudoise, and Nelson Van Denburg & Campbell Wealth Management Group LLC. Company insiders that have sold Axalta Coating Systems company stock in the last year include Berkshire Hathaway Inc, and Steven R Markevich.
View insider buying and selling activity for Axalta Coating Systems.

AXTA stock was acquired by a variety of institutional investors in the last quarter, including BP PLC, KBC Group NV, Guyasuta Investment Advisors Inc., Forsta AP Fonden, Fox Run Management L.L.C., IBM Retirement Fund, BNP Paribas Arbitrage SA, and Comerica Bank.
View insider buying and selling activity for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AXTA stock can currently be purchased for approximately $25.11.

Axalta Coating Systems has a market capitalization of $5.91 billion and generates $4.48 billion in revenue each year. The specialty chemicals company earns $249 million in net income (profit) each year or $1.80 on an earnings per share basis. Axalta Coating Systems employs 14,000 workers across the globe.

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

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]