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

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$24.88 -0.96 (-3.72 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$24.88
Today's Range$24.7850 - $25.61
52-Week Range$21.58 - $32.99
Volume2.30 million shs
Average Volume1.63 million shs
Market Capitalization$5.83 billion
P/E Ratio19.44
Dividend YieldN/A
Beta1.25
Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high performance coatings primarily for the transportation industry. It operates in two segments, Performance Coatings and Transportation Coatings. The Performance Coatings segment offers various specially-formulated 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 cladding and fittings, automotive coatings, general industrial, job coaters, electrical insulation coatings, HVAC, appliances, rebar, and oil and gas pipelines. This segment sells its products under the Cromax, Standox, Spies Hecker, Syrox, Voltatex, AquaEC, ZENITH, Durapon, Hydropon, Ceranamel, Alesta, Nap-Gard, Abcite, and Plascoat brands 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. The company 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$2.7706 per share
Book Value$5.49 per share

Profitability

Net Income$207.10 million

Miscellaneous

Employees14,000
Market Cap$5.83 billion
Next Earnings Date4/24/2019 (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) released its earnings results on Wednesday, January, 30th. The specialty chemicals company reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.02. The specialty chemicals company earned $1.17 billion during the quarter, compared to the consensus estimate of $1.18 billion. Axalta Coating Systems had a return on equity of 22.20% and a net margin of 4.42%. The business's revenue for the quarter was down .6% on a year-over-year basis. During the same period last year, the business posted ($0.26) 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, April 24th 2019. View Earnings Estimates for Axalta Coating Systems.

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

Axalta Coating Systems issued an update on its FY19 earnings guidance on Wednesday, January, 30th. The company provided EPS guidance of $1.30 to $1.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.36. The company issued revenue guidance of $4.74 billion to $4.79 billion, compared to the consensus revenue estimate of $4.78 billion.Axalta Coating Systems also updated its FY 2019 guidance to $1.30-1.50 EPS.

What price target have analysts set for AXTA?

10 brokers have issued 12 month price objectives for Axalta Coating Systems' stock. Their predictions range from $28.00 to $34.00. On average, they expect Axalta Coating Systems' stock price to reach $30.30 in the next year. This suggests a possible upside of 21.8% 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 4 hold ratings and 6 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?

Headlines about AXTA stock have trended negative on Saturday, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Axalta Coating Systems earned a coverage optimism score of -2.5 on InfoTrie's scale. They also assigned press coverage about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

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), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), CVS Health (CVS), PPG Industries (PPG), Och-Ziff Capital Management Group (OZM) and AutoZone (AZO).

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. 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. Joseph F. McDougall, Exec. VP and Pres of Global Refinish & EMEA (Age 48)
  • 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 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.

Who are Axalta Coating Systems' major shareholders?

Axalta Coating Systems' stock is owned by many different of retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (4.64%), BlackRock Inc. (4.59%), Shapiro Capital Management LLC (3.44%), Barrow Hanley Mewhinney & Strauss LLC (2.53%), Massachusetts Financial Services Co. MA (2.39%) and Millennium Management LLC (2.17%). Company insiders that own Axalta Coating Systems stock include 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 major investors are selling Axalta Coating Systems stock?

AXTA stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bessemer Group Inc., Two Sigma Investments LP, Barrow Hanley Mewhinney & Strauss LLC, Harris Associates L P, Exane Asset Management, London Co. of Virginia and CWM LLC. Company insiders that have sold Axalta Coating Systems company stock in the last year include 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 major investors are buying Axalta Coating Systems stock?

AXTA stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Norges Bank, Massachusetts Financial Services Co. MA, CI Investments Inc., Diamond Hill Capital Management Inc., Praesidium Investment Management Company LLC, Nordea Investment Management AB and Los Angeles Capital Management & Equity Research Inc.. 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 $24.88.

How big of a company is Axalta Coating Systems?

Axalta Coating Systems has a market capitalization of $5.83 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/corporate/en_us.html.

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:  366 (Vote Outperform)
Underperform Votes:  364 (Vote Underperform)
Total Votes:  730
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 3/23/2019 by MarketBeat.com Staff

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