NYSE:AXTAAxalta Coating Systems Stock Price, Forecast & News

$23.19

+0.08 (+0.35 %)

(As of 06/1/2020 12:06 PM ET)

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Today's Range

$23.04

Now: $23.19▼

$23.55

50-Day Range

$16.63

MA: $19.42▼

$23.90

52-Week Range

$12.92

Now: $23.19▼

$32.20

Volume639,208 shs

Average Volume2.64 million shs

Market Capitalization$5.46 billion

P/E Ratio21.08

Dividend YieldN/A

Beta1.6

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high performance coatings systems. It operates in two segments, Performance Coatings and Transportation Coatings. The Performance Coatings segment offers water and solvent borne products and systems that are used to refinish damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops. This segment also provides functional and decorative liquid and powder coatings for use in various industrial applications, including architectural claddings and fittings, automotive coatings, general industrial products, job coaters, electrical insulation coatings, HVAC products, appliances, aluminum extrusions, rebars, and oil and gas pipelines; and wood coatings. This segment sells its products primarily under the Voltatex, AquaEC, ZENITH, Durapon, Hydropon, and Ceranamel for liquid coatings; and Alesta, Nap-Gard, Abcite, and Plascoat brands for powder directly to customers, as well as through a network of independent local distributors. The Transportation Coatings segment develops and supplies a line of coatings products, such as electrocoat, primer, basecoat, and clearcoat products for OEMs of light and commercial vehicles; and various coatings systems for various commercial applications, including HDT, bus, rail, and ACE. This segment offers its commercial vehicles under the Imron, Imron ExcelPro, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands. This segment sells and ships its products directly to light vehicle OEM customers. Axalta Coating Systems Ltd. has operations in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. 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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Axalta Coating Systems has received a consensus rating of Buy. The company's average rating score is 2.74, and is based on 14 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.57, Axalta Coating Systems has a potential upside of 10.3% from its current price of $23.19.
Amount of Analyst Coverage
Axalta Coating Systems has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
Axalta Coating Systems has received 445 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Axalta Coating Systems has received 430 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Axalta Coating Systems has received 50.86% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Axalta Coating Systems and other stocks. Vote “Outperform” if you believe AXTA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AXTA will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Axalta Coating Systems does not currently pay a dividend.
Dividend Growth
Axalta Coating Systems does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Axalta Coating Systems insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.50% of the stock of Axalta Coating Systems is held by insiders.
Percentage Held by Institutions
94.83% of the stock of Axalta Coating Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Axalta Coating Systems are expected to grow by 87.18% in the coming year, from $0.78 to $1.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Axalta Coating Systems is 21.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.48.
Price to Earnings Ratio vs. Sector
The P/E ratio of Axalta Coating Systems is 21.08, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.48.
Price to Earnings Growth Ratio
Axalta Coating Systems has a PEG Ratio of 18.15. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Axalta Coating Systems has a P/B Ratio of 3.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.87 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Paints & allied products

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNYSE:AXTA

Previous Symbol

CUSIPN/A

CIK1616862

Webwww.axalta.com

Phone855-547-1461

Debt

Debt-to-Equity Ratio2.60

Current Ratio2.17

Quick Ratio1.58

Price-To-Earnings

Trailing P/E Ratio21.08

Forward P/E Ratio29.73

P/E Growth18.15

Sales & Book Value

Annual Sales$4.48 billion

Price / Sales1.22

Cash Flow$3.36 per share

Price / Cash Flow6.90

Book Value$6.01 per share

Price / Book3.86

Profitability

EPS (Most Recent Fiscal Year)$1.80

Net Income$249 million

Net Margins5.93%

Return on Equity30.89%

Return on Assets6.27%

Miscellaneous

Employees14,000

Outstanding Shares235,270,000

Market Cap$5.46 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Axalta Coating Systems (NYSE:AXTA) Frequently Asked Questions

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

Axalta Coating Systems' stock was trading at $20.32 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AXTA shares have increased by 14.1% and is now trading at $23.19. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Axalta Coating Systems?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axalta Coating Systems in the last year. There are currently 5 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Axalta Coating Systems.

When is Axalta Coating Systems' next earnings date?

Axalta Coating Systems is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Axalta Coating Systems.

How were Axalta Coating Systems' earnings last quarter?

Axalta Coating Systems Ltd (NYSE:AXTA) issued its earnings results on Tuesday, May, 5th. The specialty chemicals company reported $0.31 EPS for the quarter, meeting the Zacks' consensus estimate of $0.31. The specialty chemicals company earned $983.50 million during the quarter, compared to analysts' expectations of $1.01 billion. Axalta Coating Systems had a return on equity of 30.89% and a net margin of 5.93%. Axalta Coating Systems's revenue was down 12.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.34 EPS. View Axalta Coating Systems' earnings history.

What price target have analysts set for AXTA?

19 brokerages have issued twelve-month price targets for Axalta Coating Systems' shares. Their forecasts range from $20.00 to $35.00. On average, they anticipate Axalta Coating Systems' stock price to reach $25.57 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View analysts' price targets for Axalta Coating Systems.

Has Axalta Coating Systems been receiving favorable news coverage?

Media coverage about AXTA stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Axalta Coating Systems earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave press coverage about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutAxalta Coating Systems.

Who are some of Axalta Coating Systems' key competitors?

Some companies that are related to Axalta Coating Systems include PPG Industries (PPG), Nippon Paint (NPCPF), Akzo Nobel (AKZOD), Akzo Nobel (AKZOY), RPM International (RPM) and Ferro (FOE). View all 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 CA (CA), BlackRock (BLK), PPG Industries (PPG), AT&T (T), AbbVie (ABBV), Chipotle Mexican Grill (CMG), Intel (INTC), Micron Technology (MU), Sherwin-Williams (SHW) and CVS Health (CVS).

Who are Axalta Coating Systems' key executives?

Axalta Coating Systems' management team includes the following people:

Mr. Robert W. Bryant, CEO & Director (Age 51)
Mr. Sean M. Lannon, Sr. VP & CFO (Age 40)
Mr. Steven R. Markevich, Exec. VP and Pres of Transportation Coatings & Greater China (Age 59)
Mr. Michael A. Cash, Sr. VP & Pres of Industrial Coatings (Age 57)
Mr. Michael F. Finn, Consultant (Age 53)

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 served 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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.31%), Massachusetts Financial Services Co. MA (3.21%), Nuveen Asset Management LLC (2.47%), State Street Corp (2.00%), Invesco Ltd. (1.96%) and Diamond Hill Capital Management Inc. (1.76%). Company insiders that own Axalta Coating Systems stock include Andreas Kramvis, Charles W Shaver, Joseph F Mcdougall, Michael A Cash, Michael F Finn, Robert M Mclaughlin, Robert W Bryant, Sean M Lannon and Steven R Markevich. 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 Diamond Hill Capital Management Inc., Bessemer Group Inc., Waddell & Reed Financial Inc., Echo Street Capital Management LLC, Alyeska Investment Group L.P., Korea Investment CORP, Wells Fargo & Company MN, and Morgan Stanley. View insider buying and selling activity for Axalta Coating Systems.

Which major investors are buying Axalta Coating Systems stock?

AXTA stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Deutsche Bank AG, Nuveen Asset Management LLC, Eminence Capital LP, Massachusetts Financial Services Co. MA, Lord Abbett & CO. LLC, Jana Partners LLC, and Clearfield Capital Management LP. View insider buying and selling activity for Axalta Coating Systems.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Axalta Coating Systems' stock price today?

One share of AXTA stock can currently be purchased for approximately $23.19.

How big of a company is Axalta Coating Systems?

Axalta Coating Systems has a market capitalization of $5.46 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.

What is Axalta Coating Systems' official website?

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

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 6/1/2020 by MarketBeat.com Staff