FY2026 Earnings Forecast for AXTA Issued By Seaport Res Ptn

Axalta Coating Systems Ltd. (NYSE:AXTA) – Investment analysts at Seaport Res Ptn cut their FY2026 earnings per share estimates for Axalta Coating Systems in a research note issued on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will post earnings per share of $2.71 for the year, down from their previous estimate of $2.83. The consensus estimate for Axalta Coating Systems’ current full-year earnings is $2.15 per share.

A number of other research firms have also recently weighed in on AXTA. BMO Capital Markets raised their price objective on shares of Axalta Coating Systems from $46.00 to $48.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. Evercore ISI began coverage on shares of Axalta Coating Systems in a research report on Wednesday, November 13th. They set an “outperform” rating and a $47.00 target price on the stock. Wolfe Research upgraded shares of Axalta Coating Systems from a “peer perform” rating to an “outperform” rating and set a $41.00 price objective on the stock in a research report on Friday, January 17th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Axalta Coating Systems from $44.00 to $42.00 and set a “buy” rating for the company in a research report on Thursday, December 19th. Finally, Citigroup cut shares of Axalta Coating Systems from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $45.00 to $41.00 in a research note on Wednesday, December 18th. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $43.00.

Axalta Coating Systems Trading Down 0.1 %

Axalta Coating Systems stock traded down $0.05 during trading on Thursday, reaching $36.49. 20,214 shares of the company were exchanged, compared to its average volume of 1,388,830. The stock’s 50 day simple moving average is $37.12 and its two-hundred day simple moving average is $36.29. The company has a debt-to-equity ratio of 1.80, a current ratio of 2.00 and a quick ratio of 1.42. Axalta Coating Systems has a 52-week low of $30.40 and a 52-week high of $41.65. The company has a market capitalization of $7.96 billion, a P/E ratio of 24.63, a PEG ratio of 0.75 and a beta of 1.46.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings results on Wednesday, October 30th. The specialty chemicals company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.08. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.32 billion. Axalta Coating Systems had a net margin of 6.22% and a return on equity of 24.92%. Axalta Coating Systems’s quarterly revenue was up .8% compared to the same quarter last year. During the same period last year, the company posted $0.45 EPS.

Institutional Trading of Axalta Coating Systems

A number of institutional investors and hedge funds have recently made changes to their positions in AXTA. Millennium Management LLC raised its holdings in Axalta Coating Systems by 89.7% in the 2nd quarter. Millennium Management LLC now owns 2,733,703 shares of the specialty chemicals company’s stock worth $93,411,000 after acquiring an additional 1,292,434 shares during the period. PointState Capital LP bought a new position in shares of Axalta Coating Systems in the third quarter worth about $30,257,000. The Manufacturers Life Insurance Company lifted its position in shares of Axalta Coating Systems by 19.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,914,764 shares of the specialty chemicals company’s stock worth $99,597,000 after purchasing an additional 475,493 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Axalta Coating Systems by 126.7% during the 2nd quarter. AQR Capital Management LLC now owns 794,454 shares of the specialty chemicals company’s stock worth $26,817,000 after purchasing an additional 443,946 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Axalta Coating Systems by 151.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 633,017 shares of the specialty chemicals company’s stock valued at $22,909,000 after purchasing an additional 381,488 shares during the period. Institutional investors and hedge funds own 98.28% of the company’s stock.

About Axalta Coating Systems

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings.