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) released its quarterly earnings data on Thursday, January, 30th. The specialty chemicals company reported $0.42 EPS for the quarter, missing analysts' consensus estimates 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 return on equity of 31.81% and a net margin of 5.56%. The firm's quarterly revenue was down 5.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.32 EPS. 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 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 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 brokers have issued 12 month price objectives for Axalta Coating Systems' stock. Their forecasts range from $29.00 to $35.00. On average, they expect Axalta Coating Systems' share price to reach $33.50 in the next twelve months. This suggests a possible upside of 26.1% 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 stories about AXTA stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Axalta Coating Systems earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned headlines about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Axalta Coating Systems.

Some companies that are related to Axalta Coating Systems include Akzo Nobel (AKZOD), Akzo Nobel (AKZOY), Nippon Paint (NPCPF), 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), Chipotle Mexican Grill (CMG), Endologix (ELGX), Micron Technology (MU), Sherwin-Williams (SHW), Netflix (NFLX), Tesla (TSLA) and AbbVie (ABBV).

(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 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' stock is owned by a number of of retail and institutional 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, Praesidium Investment Management Company LLC, Point72 Asset Management L.P., Renaissance Technologies LLC, Bessemer Group Inc., Schonfeld Strategic Advisors LLC, Diamond Hill Capital Management Inc. and CI Investments Inc.. 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 purchased 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 $26.57.

Axalta Coating Systems has a market capitalization of $6.25 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]