NYSE:AXTAAxalta Coating Systems Stock Price, Forecast & News

Axalta Coating Systems' stock was trading at $20.32 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AXTA stock has increased by 10.5% and is now trading at $22.45. View which stocks have been most impacted by Coronavirus.

19 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 15 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 Thursday, July 23rd 2020. View our earnings forecast for Axalta Coating Systems.

Axalta Coating Systems Ltd (NYSE:AXTA) issued its quarterly earnings data on Tuesday, May, 5th. The specialty chemicals company reported $0.31 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.31. The specialty chemicals company earned $983.50 million during the quarter, compared to analyst estimates of $1.01 billion. Axalta Coating Systems had a return on equity of 30.89% and a net margin of 5.93%. Axalta Coating Systems's quarterly revenue was down 12.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.34 EPS. View Axalta Coating Systems' earnings history.

19 equities research analysts have issued 1-year price objectives for Axalta Coating Systems' shares. Their forecasts range from $20.00 to $35.00. On average, they expect Axalta Coating Systems' share price to reach $27.00 in the next year. This suggests a possible upside of 20.3% from the stock's current price. View analysts' price targets for Axalta Coating Systems.

Media coverage about AXTA stock has been trending negative recently, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Axalta Coating Systems earned a news impact score of -2.2 on InfoTrie's scale. They also assigned news headlines about the specialty chemicals company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near future. View the latest news about Axalta Coating Systems.

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

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), Intel (INTC), Micron Technology (MU), Sherwin-Williams (SHW) and CVS Health (CVS).

(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.

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

Axalta Coating Systems' stock is owned by a number of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.81%), Reinhart Partners Inc. (0.23%) and 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 sold by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Confluence Investment Management LLC, and 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 $22.45.

Axalta Coating Systems has a market capitalization of $5.28 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.

The official website for Axalta Coating Systems is 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]