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 (WHO). Since then, AXTA stock has increased by 14.7% and is now trading at $23.30. 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 5 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) announced its earnings results on Tuesday, May, 5th. The specialty chemicals company reported $0.31 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.31. The specialty chemicals company had revenue of $983.50 million for the quarter, compared to analyst estimates of $1.01 billion. Axalta Coating Systems had a net margin of 5.93% and a return on equity of 30.89%. The company's quarterly revenue was down 12.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.34 EPS. View Axalta Coating Systems' earnings history.

19 analysts have issued 1-year price targets for Axalta Coating Systems' shares. Their forecasts range from $20.00 to $35.00. On average, they anticipate Axalta Coating Systems' stock price to reach $25.57 in the next year. This suggests a possible upside of 9.7% from the stock's current price. View analysts' price targets for Axalta Coating Systems.

News stories about AXTA stock have been trending somewhat negative on Monday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Axalta Coating Systems earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news coverage about the specialty chemicals company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutAxalta 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 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (5.31%), Massachusetts Financial Services Co. MA (3.21%), Nuveen Asset Management LLC (2.47%), State Street Corp (2.00%), Invesco Ltd. (1.96%) and Diamond Hill Capital Management Inc. (1.76%). 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 Diamond Hill Capital Management Inc., Bessemer Group Inc., Waddell & Reed Financial Inc., Echo Street Capital Management LLC, Alyeska Investment Group L.P., Korea Investment CORP, Wells Fargo & Company MN, and Morgan Stanley. View insider buying and selling activity for Axalta Coating Systems.

AXTA stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Deutsche Bank AG, Nuveen Asset Management LLC, Eminence Capital LP, Massachusetts Financial Services Co. MA, Lord Abbett & CO. LLC, Jana Partners LLC, and Clearfield Capital Management LP. 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 $23.30.

Axalta Coating Systems has a market capitalization of $5.48 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]