NYSE:AXTA

Axalta Coating Systems Stock Forecast, Price & News

$29.07

-0.96 (-3.20 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$28.85

Now: $29.07▼

$29.53

50-Day Range

$28.20

MA: $29.00▼

$31.00

52-Week Range

$12.92

Now: $29.07▼

$31.48

Volume2.17 million shs

Average Volume1.88 million shs

Market Capitalization$6.85 billion

P/E Ratio72.68

Dividend YieldN/A

Beta1.47

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 used to refinish 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 claddings and fittings, automotive components, general industrial and HVAC products, job coaters, electrical insulation coatings, appliances, aluminum extrusions, rebars, and oil and gas pipelines; and wood coatings under the Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Tufcote and Ceranamel for liquid coatings; and Alesta, Nap-Gard, Abcite, and Plascoat brands for powder. In addition, the company 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, 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 sells its product under the Audurra, Challenger, Chemophan, ColorNet, Corlar, 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.

MarketRank^™

Overall MarketRank^™

1.50 out of 5 stars

Basic Materials Sector

123rd out of 652 stocks

Paints & Allied Products Industry

3rd out of 6 stocks

1.4 Analyst's Opinion

Consensus Rating
Axalta Coating Systems has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 12 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $27.82, Axalta Coating Systems has a forecasted downside of 4.3% from its current price of $29.07.
Amount of Analyst Coverage
Axalta Coating Systems has only been the subject of 4 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Axalta Coating Systems has received 456 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Axalta Coating Systems has received 440 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Axalta Coating Systems has received 50.89% “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.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Axalta Coating Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $992,600.00 in company stock.
Percentage Held by Insiders
Only 0.50% of the stock of Axalta Coating Systems is held by insiders.
Percentage Held by Institutions
91.56% 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.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Axalta Coating Systems are expected to grow by 47.90% in the coming year, from $1.19 to $1.76 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Axalta Coating Systems is 72.68, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.27.
Price to Earnings Ratio vs. Sector
The P/E ratio of Axalta Coating Systems is 72.68, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.27.
Price to Earnings Growth Ratio
Axalta Coating Systems has a PEG Ratio of 6.39. 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 4.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees14,000

Debt

Debt-to-Equity Ratio2.90

Current Ratio2.68

Quick Ratio2.17

Price-To-Earnings

Trailing P/E Ratio72.68

Forward P/E Ratio24.43

P/E Growth6.39

Sales & Book Value

Annual Sales$4.48 billion

Price / Sales1.53

Cash Flow$3.21 per share

Price / Cash Flow9.06

Book Value$6.01 per share

Price / Book4.84

Profitability

EPS (Most Recent Fiscal Year)$1.80

Net Income$249 million

Net Margins2.49%

Return on Equity20.51%

Return on Assets4.11%

Miscellaneous

Outstanding Shares235,480,000

Market Cap$6.85 billion

Next Earnings Date2/4/2021 (Estimated)

OptionableOptionable

$29.07

-0.96 (-3.20 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Axalta Coating Systems (NYSE:AXTA) Frequently Asked Questions

How has Axalta Coating Systems' stock price been impacted by 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. Since then, AXTA stock has increased by 43.1% and is now trading at $29.07.
View which stocks have been most impacted by COVID-19.

Is Axalta Coating Systems a buy right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Axalta Coating Systems in the last twelve months. There are currently 3 hold ratings, 12 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 MarketBeat's top 5 stock picks.

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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Axalta Coating Systems wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Axalta Coating Systems' next earnings date?

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.

How were Axalta Coating Systems' earnings last quarter?

Axalta Coating Systems Ltd. (NYSE:AXTA) announced its quarterly earnings results on Wednesday, October, 21st. The specialty chemicals company reported $0.59 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.26. The specialty chemicals company earned $1.03 billion during the quarter, compared to analysts' expectations of $949.44 million. Axalta Coating Systems had a return on equity of 20.51% and a net margin of 2.49%.
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 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 earnings per share estimate of $0.88.

What price target have analysts set for AXTA?

16 equities research analysts have issued 12 month target prices for Axalta Coating Systems' stock. Their forecasts range from $20.00 to $34.00. On average, they anticipate Axalta Coating Systems' share price to reach $27.82 in the next year. This suggests that the stock has a possible downside of 4.3%.
View analysts' price targets for Axalta Coating Systems or view Wall Street analyst' top-rated stocks.

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).

Who are Axalta Coating Systems' key executives?

Axalta Coating Systems' management team includes the following people:

Mr. Robert W. Bryant, CEO, Pres & Director (Age 52, Pay $5.46M)
Mr. Sean M. Lannon, Sr. VP & CFO (Age 41, Pay $3.13M)
Mr. Brian A. Berube, Sr. VP, Gen. Counsel & Corp. Sec. (Age 58, Pay $3.04M)
Dr. Barry S. Snyder, Sr. VP, Chief Operations & Supply Chain Officer (Age 57)
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
Mr. Robert C. Ferris, VP of Corp. Affairs & Chief Communications Officer
Ms. Lynne Sprinkle, Sr. VP & Chief HR Officer

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 a price of $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 shareholders include Resonant Capital Advisors LLC (0.00%). Company insiders that own Axalta Coating Systems stock include Andreas Kramvis, Berkshire Hathaway Inc, Charles W Shaver, Joseph F Mcdougall, Michael A Cash, 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 buying Axalta Coating Systems stock?

AXTA stock was acquired by a variety of institutional investors in the last quarter, including Resonant Capital Advisors LLC.
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.

What is Axalta Coating Systems' stock price today?

One share of AXTA stock can currently be purchased for approximately $29.07.

How big of a company is Axalta Coating Systems?

Axalta Coating Systems has a market capitalization of $6.85 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 1/17/2021 by MarketBeat.com Staff

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