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

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

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.

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

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.

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.

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.

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.

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).

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).

(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.

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.

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.

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.

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.

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

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.

The official website for Axalta Coating Systems is http://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]