NYSE:AXTAAxalta Coating Systems Stock Price, Forecast & News

Axalta Coating Systems' stock was trading at $20.32 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AXTA shares have increased by 9.4% and is now trading at $22.24. View which stocks have been most impacted by Coronavirus.

18 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 14 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) released its earnings results on Tuesday, May, 5th. The specialty chemicals company reported $0.31 earnings per share for the quarter, hitting analysts' consensus estimates of $0.31. The specialty chemicals company earned $983.50 million during the quarter, compared to analysts' expectations of $1.01 billion. Axalta Coating Systems had a return on equity of 30.89% and a net margin of 5.93%. The firm's revenue for the quarter was down 12.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.34 EPS. View Axalta Coating Systems' earnings history.

18 brokerages have issued 12-month price objectives for Axalta Coating Systems' shares. Their forecasts range from $20.00 to $35.00. On average, they expect Axalta Coating Systems' stock price to reach $26.62 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price. View analysts' price targets for Axalta Coating Systems.

Press coverage about AXTA stock has trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Axalta Coating Systems earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned media stories about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely 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 (AKZOD), Akzo Nobel (AKZOY), 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 $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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "AXTA."

Axalta Coating Systems' stock is owned by a number of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.81%), Reinhart Partners Inc. (0.23%), Envestnet Asset Management Inc. (0.06%) 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.

AXTA stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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 $22.24.

Axalta Coating Systems has a market capitalization of $5.23 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]