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

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 Thursday, January, 30th. The specialty chemicals company reported $0.42 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.43 by $0.01. The specialty chemicals company earned $1.10 billion during the quarter, compared to analyst estimates of $1.13 billion. Axalta Coating Systems had a return on equity of 32.43% and a net margin of 5.56%. The company's quarterly revenue was down 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.32 earnings per share. View Axalta Coating Systems' Earnings History.

Axalta Coating Systems is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Axalta Coating Systems.

Axalta Coating Systems updated its FY20 earnings guidance on Thursday, January, 30th. The company provided earnings per share guidance of $1.85-2.00 for the period, compared to the Thomson Reuters consensus earnings per share 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.

9 brokerages have issued twelve-month price targets for Axalta Coating Systems' shares. Their forecasts range from $29.00 to $35.00. On average, they expect Axalta Coating Systems' stock price to reach $33.50 in the next year. This suggests a possible upside of 12.1% from the stock's current price. View Analyst Price Targets for Axalta Coating Systems.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axalta Coating Systems in the last year. There are currently 3 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 somewhat positive recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Axalta Coating Systems earned a news impact score of 1.8 on InfoTrie's scale. They also gave media coverage about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Axalta Coating Systems.

Some companies that are related to Axalta Coating Systems include Imperial Oil (IMO), CRH (CRH), FORTESCUE METAL/S (FSUGY), Franco Nevada (FNV), Akzo Nobel (AKZOD), Newcrest Mining (NCM), Akzo Nobel (AKZOY), Imperial Oil (IMO), Cheniere Energy Partners (CQP), Wheaton Precious Metals (WPM), Freeport-McMoRan (FCX), Agnico Eagle Mines (AEM), Cheniere Energy (LNG), Cenovus Energy (CVE) and Arconic (ARNC).

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), Chipotle Mexican Grill (CMG), Endologix (ELGX), Micron Technology (MU), Netflix (NFLX), Tesla (TSLA), Alibaba Group (BABA) and CVS Health (CVS).

(AXTA) raised $975 million in an initial public offering 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 a variety of of institutional and retail investors. Top institutional investors include Diamond Hill Capital Management Inc. (3.25%), Massachusetts Financial Services Co. MA (2.30%), State Street Corp (1.95%), Renaissance Technologies LLC (1.70%), Franklin Resources Inc. (1.49%) and Artisan Partners Limited Partnership (1.38%). 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 Barrow Hanley Mewhinney & Strauss LLC, Point72 Asset Management L.P., Renaissance Technologies LLC, Bessemer Group Inc., Schonfeld Strategic Advisors LLC, Diamond Hill Capital Management Inc., CI Investments Inc. and Alyeska Investment Group L.P.. Company insiders that have sold Axalta Coating Systems company stock in the last year include Andreas Kramvis and Charles W Shaver. View Insider Buying and Selling for Axalta Coating Systems.

AXTA stock was acquired by a variety of institutional investors in the last quarter, including Madison Asset Management LLC, Marshall Wace LLP, AQR Capital Management LLC, Lord Abbett & CO. LLC, Rothschild & Co. Asset Management US Inc., Charles Schwab Investment Management Inc., Soroban Capital Partners LP and Assenagon Asset Management S.A.. 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 $29.89.

Axalta Coating Systems has a market capitalization of $7.01 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]