NYSE:AXTAAxalta Coating Systems Stock Price, Forecast & News

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 shares have decreased by 23.7% and is now trading at $15.51. View which stocks have been mosted impacted by Coronavirus.

16 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 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Axalta Coating Systems.

Axalta Coating Systems is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Axalta Coating Systems.

Axalta Coating Systems Ltd (NYSE:AXTA) released its earnings results on Thursday, January, 30th. The specialty chemicals company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by $0.01. The specialty chemicals company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.13 billion. Axalta Coating Systems had a net margin of 5.56% and a return on equity of 31.81%. Axalta Coating Systems's quarterly revenue was down 5.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.32 earnings per share. View Axalta Coating Systems' earnings history.

Axalta Coating Systems issued an update on its FY20 earnings guidance on Thursday, January, 30th. The company provided earnings per share (EPS) guidance of $1.85-2.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.93. The company issued revenue guidance of Net sales growth of ~0-1% (~$4.48-4.57 billion), compared to the consensus revenue estimate of $4.56 billion.

16 equities research analysts have issued 12-month price objectives for Axalta Coating Systems' stock. Their forecasts range from $20.00 to $35.00. On average, they expect Axalta Coating Systems' stock price to reach $25.33 in the next twelve months. This suggests a possible upside of 63.3% from the stock's current price. View analysts' price targets for Axalta Coating Systems.

Media stories about AXTA stock have trended very negative on Saturday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Axalta Coating Systems earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news headlines about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutAxalta Coating Systems.

Some companies that are related to Axalta Coating Systems include PPG Industries (PPG), Akzo Nobel (AKZOD), Nippon Paint (NPCPF), Akzo Nobel (AKZOY), 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), AT&T (T), AbbVie (ABBV), Chipotle Mexican Grill (CMG), Micron Technology (MU), Sherwin-Williams (SHW), Endologix (ELGX) and Intel (INTC).

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

Axalta Coating Systems' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%). 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 acquired by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. View insider buying and selling activity 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 $15.51.

Axalta Coating Systems has a market capitalization of $3.65 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. 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]