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

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$25.57 +0.36 (+1.43 %)
(As of 01/22/2019 03:19 AM ET)
Previous Close$25.21
Today's Range$25.40 - $25.7250
52-Week Range$21.58 - $33.30
Volume1.35 million shs
Average Volume1.57 million shs
Market Capitalization$6.10 billion
P/E Ratio21.49
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$4.38 billion
Cash Flow$2.6635 per share
Book Value$5.78 per share

Profitability

Net Income$36.70 million

Miscellaneous

Employees13,300
Market Cap$6.10 billion
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 quarterly earnings results on Thursday, October, 25th. The specialty chemicals company reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.29 by $0.03. The specialty chemicals company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.16 billion. Axalta Coating Systems had a net margin of 1.49% and a return on equity of 22.53%. 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, January 30th 2019. View Earnings Estimates for Axalta Coating Systems.

How can I listen to Axalta Coating Systems' earnings call?

Axalta Coating Systems will be holding an earnings conference call on Wednesday, January 30th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774070784.

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

Axalta Coating Systems issued an update on its FY 2018 earnings guidance on Friday, October, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.701-4.701 billion, compared to the consensus revenue estimate of $4.73 billion.

What price target have analysts set for AXTA?

11 analysts have issued 1-year price targets for Axalta Coating Systems' shares. Their forecasts range from $28.00 to $35.00. On average, they expect Axalta Coating Systems' stock price to reach $30.7273 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View Analyst Price Targets for Axalta Coating Systems.

What is the consensus analysts' recommendation for Axalta Coating Systems?

11 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 7 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?

News coverage about AXTA stock has been trending very positive on Tuesday, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Axalta Coating Systems earned a coverage optimism score of 3.2 on InfoTrie's scale. They also gave media coverage about the specialty chemicals company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are some of Axalta Coating Systems' key competitors?

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

Who are Axalta Coating Systems' key executives?

Axalta Coating Systems' management team includes the folowing people:
  • Mr. Robert W. Bryant, CEO & Director (Age 50)
  • Mr. Steven R. Markevich, Exec. VP and Pres of Transportation Coatings & Greater China (Age 58)
  • Mr. Michael F. Finn, Sr. VP of Corp. & Gov. Affairs, Gen. Counsel and Corp. Sec. (Age 52)
  • Mr. Michael A. Cash, Sr. VP & Pres of Industrial Coatings (Age 56)
  • Mr. Joseph F. McDougall, Exec. VP and Pres of Global Refinish & EMEA (Age 47)

When did Axalta Coating Systems IPO?

(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.

Who are Axalta Coating Systems' major shareholders?

Axalta Coating Systems' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.80%), Norman Fields Gottscho Capital Management LLC (0.07%), Nippon Life Global Investors Americas Inc. (0.03%), DNB Asset Management AS (0.01%), Virtu Financial LLC (0.01%) and Cerebellum GP LLC (0.00%). 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 Confluence Investment Management LLC, Norman Fields Gottscho Capital Management LLC, New England Research & Management Inc. and Nisa Investment Advisors 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 acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Nippon Life Global Investors Americas Inc., DNB Asset Management AS, Oakbrook Investments LLC and Cerebellum GP LLC. 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 $25.57.

How big of a company is Axalta Coating Systems?

Axalta Coating Systems has a market capitalization of $6.10 billion and generates $4.38 billion in revenue each year. The specialty chemicals company earns $36.70 million in net income (profit) each year or $1.19 on an earnings per share basis. Axalta Coating Systems employs 13,300 workers across the globe.

What is Axalta Coating Systems' official website?

The official website for Axalta Coating Systems is http://www.axaltacs.com.

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:  360 (Vote Outperform)
Underperform Votes:  352 (Vote Underperform)
Total Votes:  712
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 1/22/2019 by MarketBeat.com Staff

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