Axalta Coating Systems Ltd. (NYSE:AXTA) Stock Has Average Price Target of $36.85 According to Brokerages

Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) have been given a consensus rating of “Hold” by the thirteen brokerages that are covering the stock, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $37.25.

Several brokerages recently weighed in on AXTA. Robert W. Baird increased their price objective on Axalta Coating Systems from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. BMO Capital Markets reiterated a “market perform” rating on shares of Axalta Coating Systems in a report on Monday, September 21st. Royal Bank Of Canada upped their price objective on shares of Axalta Coating Systems from $34.00 to $36.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 8th. UBS Group reissued a “neutral” rating on shares of Axalta Coating Systems in a research report on Wednesday, July 29th. Finally, KeyCorp started coverage on Axalta Coating Systems in a research note on Friday, September 11th. They set an “overweight” rating and a $47.00 price objective on the stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AXTA. BlackRock Inc. bought a new position in Axalta Coating Systems in the 2nd quarter valued at $668,541,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Axalta Coating Systems during the 2nd quarter worth approximately $599,029,000. Artisan Partners Limited Partnership boosted its holdings in shares of Axalta Coating Systems by 887.2% in the fourth quarter. Artisan Partners Limited Partnership now owns 12,575,932 shares of the specialty chemicals company’s stock valued at $406,328,000 after buying an additional 11,301,977 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Axalta Coating Systems by 10.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,695,348 shares of the specialty chemicals company’s stock worth $213,143,000 after acquiring an additional 754,098 shares in the last quarter. Finally, Lakewood Capital Management LP bought a new position in shares of Axalta Coating Systems in the 2nd quarter valued at about $117,157,000. Institutional investors and hedge funds own 98.28% of the company’s stock.

Axalta Coating Systems Trading Up 1.1%

NYSE AXTA opened at $32.22 on Wednesday. The company has a fifty day simple moving average of $35.11 and a two-hundred day simple moving average of $32.00. The stock has a market cap of $6.89 billion, a P/E ratio of 19.89, a P/E/G ratio of 1.47 and a beta of 1.26. The company has a current ratio of 1.53, a quick ratio of 1.12 and a debt-to-equity ratio of 0.99. Axalta Coating Systems has a 12-month low of $24.94 and a 12-month high of $38.61.

Axalta Coating Systems (NYSE:AXTA) last released its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.65 by $0.07. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.31 billion. Axalta Coating Systems had a net margin of 6.78% and a return on equity of 22.35%. The firm’s revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the business earned $0.64 earnings per share. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.700 EPS and its Q3 2026 guidance at 0.700-0.700 EPS. On average, analysts forecast that Axalta Coating Systems will post 2.63 earnings per share for the current year.

Axalta Coating Systems Company Profile

Axalta Coating Systems Ltd. is a global coatings company that develops, manufactures and sells liquid and powder coatings for transportation, industrial and commercial applications. Its products are designed to provide protection, durability, color and other performance characteristics for vehicles, equipment, buildings and manufactured goods.

The company serves the automotive refinish market with coatings, color-matching technology and related products used to repair and restore vehicle finishes.