NYSE:AXTA - Axalta Coating Systems Stock Price, News, & Analysis

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$25.67 +0.05 (+0.20 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$25.67
Today's Range$25.46 - $25.9450
52-Week Range$21.58 - $32.83
Volume1.76 million shs
Average Volume2.23 million shs
Market Capitalization$6.02 billion
P/E Ratio20.05
Dividend YieldN/A
Beta1.25
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.

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Industry, Sector and Symbol

Industry Paints & allied products
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone855-547-1461

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.70 billion
Cash Flow$2.8778 per share
Book Value$5.45 per share

Profitability

Net Income$207.10 million

Miscellaneous

Employees14,000
Market Cap$6.02 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

Axalta Coating Systems (NYSE:AXTA) Frequently Asked Questions

What is Axalta Coating Systems' stock symbol?

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

How were Axalta Coating Systems' earnings last quarter?

Axalta Coating Systems Ltd (NYSE:AXTA) posted its quarterly earnings data on Wednesday, April, 24th. The specialty chemicals company reported $0.34 EPS for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.13. The specialty chemicals company earned $1.12 billion during the quarter, compared to analysts' expectations of $1.15 billion. Axalta Coating Systems had a return on equity of 24.42% and a net margin of 3.90%. The business's revenue was down 4.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.27 earnings per share. View Axalta Coating Systems' Earnings History.

When is Axalta Coating Systems' next earnings date?

Axalta Coating Systems is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Axalta Coating Systems.

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

Axalta Coating Systems updated its FY19 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of $1.68-1.88 for the period, compared to the Thomson Reuters consensus estimate of $1.35. The company issued revenue guidance of ~0-1% (~$4.7-4.74 billion), compared to the consensus revenue estimate of $4.75 billion.

What price target have analysts set for AXTA?

10 equities research analysts have issued 12-month target prices for Axalta Coating Systems' stock. Their predictions range from $27.00 to $34.00. On average, they expect Axalta Coating Systems' stock price to reach $30.10 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Axalta Coating Systems.

What is the consensus analysts' recommendation for Axalta Coating Systems?

10 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Axalta Coating Systems.

Has Axalta Coating Systems been receiving favorable news coverage?

Press coverage about AXTA stock has been trending somewhat positive this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Axalta Coating Systems earned a coverage optimism score of 1.9 on InfoTrie's scale. They also gave media coverage about the specialty chemicals company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are some of Axalta Coating Systems' key competitors?

Some companies that are related to Axalta Coating Systems include Akzo Nobel (AKZOY), Akzo Nobel (AKZOD), Nippon Paint (NPCPF), RPM International (RPM) and Ferro (FOE).

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), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), CVS Health (CVS), Micron Technology (MU), AutoZone (AZO) and Continental Resources (CLR).

Who are Axalta Coating Systems' key executives?

Axalta Coating Systems' management team includes the folowing 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 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.

Who are Axalta Coating Systems' major shareholders?

Axalta Coating Systems' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.64%), Diamond Hill Capital Management Inc. (4.46%), Praesidium Investment Management Company LLC (1.93%), Artisan Partners Limited Partnership (1.59%), Parnassus Investments CA (1.59%) and Goldman Sachs Group Inc. (1.46%). 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, Samuel L Smolik, Sean M Lannon 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 Diamond Hill Capital Management Inc., William Blair Investment Management LLC, Janus Henderson Group PLC, Schonfeld Strategic Advisors LLC, Morgan Stanley, Man Group plc, Bluefin Trading LLC and California Public Employees Retirement System. Company insiders that have sold Axalta Coating Systems company stock in the last year 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 Insider Buying and Selling for Axalta Coating Systems.

Which institutional investors are buying Axalta Coating Systems stock?

AXTA stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Marshall Wace North America L.P., BNP Paribas Arbitrage SA, Goldman Sachs Group Inc., AQR Capital Management LLC, Dimensional Fund Advisors LP, Marshall Wace LLP and State of Wisconsin Investment Board. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Axalta Coating Systems' stock price today?

One share of AXTA stock can currently be purchased for approximately $25.67.

How big of a company is Axalta Coating Systems?

Axalta Coating Systems has a market capitalization of $6.02 billion and generates $4.70 billion in revenue each year. The specialty chemicals company earns $207.10 million in net income (profit) each year or $1.28 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 http://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]


MarketBeat Community Rating for Axalta Coating Systems (NYSE AXTA)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  370 (Vote Outperform)
Underperform Votes:  373 (Vote Underperform)
Total Votes:  743
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.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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