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) announced its quarterly earnings results on Thursday, July, 25th. The specialty chemicals company reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.09. The specialty chemicals company had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.19 billion. Axalta Coating Systems had a net margin of 4.45% and a return on equity of 27.59%. The business's revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.36 EPS. View Axalta Coating Systems' Earnings History.

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

Axalta Coating Systems updated its FY 2019 earnings guidance on Thursday, July, 25th. The company provided earnings per share (EPS) guidance of $1.70-1.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.72. The company issued revenue guidance of $4.576306-4.576306 billion, compared to the consensus revenue estimate of $4.69 billion.

12 brokerages have issued 1-year price targets for Axalta Coating Systems' stock. Their forecasts range from $27.00 to $35.00. On average, they expect Axalta Coating Systems' share price to reach $31.5833 in the next year. This suggests that the stock has a possible downside of 0.5%. View Analyst Price Targets for Axalta Coating Systems.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axalta Coating Systems in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Axalta Coating Systems.

News coverage about AXTA stock has trended negative on Tuesday, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Axalta Coating Systems earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media stories about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Axalta Coating Systems.

Axalta Coating Systems saw a drop in short interest in August. As of August 15th, there was short interest totalling 4,455,600 shares, a drop of 12.5% from the July 15th total of 5,090,500 shares. Based on an average trading volume of 2,640,000 shares, the short-interest ratio is currently 1.7 days. Currently, 1.9% of the shares of the company are short sold. View Axalta Coating Systems' Current Options Chain.

Some companies that are related to Axalta Coating Systems include PPG Industries (PPG), Akzo Nobel (AKZOD), Akzo Nobel (AKZOY), 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), Micron Technology (MU), Aegean Marine Petroleum Network (ANW), Continental Resources (CLR), CVS Health (CVS) and AutoZone (AZO).

(AXTA) raised $975 million in an initial public offering (IPO) 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.

Axalta Coating Systems' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.55%), BlackRock Inc. (4.65%), BlackRock Inc. (4.65%), Diamond Hill Capital Management Inc. (3.58%), Renaissance Technologies LLC (2.01%) and Nuveen Asset Management LLC (1.78%). 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.

AXTA stock was sold by a variety of institutional investors in the last quarter, including Soroban Capital Partners LP, Diamond Hill Capital Management Inc., Carlson Capital L P, Balyasny Asset Management LLC, Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Parnassus Investments CA and BNP Paribas Arbitrage SA. 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, 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 Nuveen Asset Management LLC, Senator Investment Group LP, Renaissance Technologies LLC, D. E. Shaw & Co. Inc., Echo Street Capital Management LLC, Cardinal Capital Management LLC CT, Picton Mahoney Asset Management and Point72 Asset Management L.P.. 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, Robinhood, Fidelity and Charles Schwab.

One share of AXTA stock can currently be purchased for approximately $31.73.

Axalta Coating Systems has a market capitalization of $7.40 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.View Additional Information About Axalta Coating Systems.

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]