FY2026 EPS Estimates for AXTA Reduced by Seaport Res Ptn

Axalta Coating Systems Ltd. (NYSE:AXTA) – Seaport Res Ptn cut their FY2026 earnings per share (EPS) estimates for shares of Axalta Coating Systems in a research note issued to investors on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now forecasts 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.

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

Several other analysts have also recently weighed in on the stock. Evercore ISI began coverage on shares of Axalta Coating Systems in a research note on Wednesday, November 13th. They set an “outperform” rating and a $47.00 price objective on the stock. KeyCorp reaffirmed a “sector weight” rating on shares of Axalta Coating Systems in a report on Tuesday, December 17th. Barclays boosted their price objective on Axalta Coating Systems from $42.00 to $44.00 and gave the stock an “overweight” rating in a research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft lowered their target price on Axalta Coating Systems from $44.00 to $42.00 and set a “buy” rating for the company in a research note on Thursday, December 19th. Finally, BMO Capital Markets upped their price target on shares of Axalta Coating Systems from $46.00 to $48.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $43.00.

Axalta Coating Systems Price Performance

Shares of NYSE:AXTA traded down $0.05 on Thursday, hitting $36.49. The stock had a trading volume of 20,214 shares, compared to its average volume of 1,388,830. The company has a market capitalization of $7.96 billion, a price-to-earnings ratio of 24.63, a price-to-earnings-growth ratio of 0.75 and a beta of 1.46. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.42 and a current ratio of 2.00. The firm’s 50 day moving average price is $37.12 and its 200-day moving average price is $36.29. Axalta Coating Systems has a twelve month low of $30.40 and a twelve month high of $41.65.

Institutional Investors Weigh In On Axalta Coating Systems

A number of institutional investors have recently made changes to their positions in AXTA. XTX Topco Ltd bought a new stake in Axalta Coating Systems in the second quarter valued at approximately $224,000. Canada Pension Plan Investment Board raised its stake in Axalta Coating Systems by 1.2% during the 2nd quarter. Canada Pension Plan Investment Board now owns 263,700 shares of the specialty chemicals company’s stock worth $9,011,000 after buying an additional 3,200 shares during the period. Sei Investments Co. grew its stake in Axalta Coating Systems by 7.8% in the second quarter. Sei Investments Co. now owns 386,607 shares of the specialty chemicals company’s stock valued at $13,210,000 after acquiring an additional 27,942 shares during the period. Magnetar Financial LLC bought a new stake in shares of Axalta Coating Systems in the second quarter worth about $228,000. Finally, Bank of Montreal Can raised its position in shares of Axalta Coating Systems by 635.1% during the second quarter. Bank of Montreal Can now owns 392,877 shares of the specialty chemicals company’s stock worth $13,448,000 after purchasing an additional 339,434 shares during the period. 98.28% of the stock is owned by institutional investors and hedge funds.

Axalta Coating Systems Company Profile

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.