Putting Together The Pieces For Axalta Coating Systems Ltd (AXTA)

Axalta's new apps and a new feature to an existing app are designed to help customers complete tasks more quickly and accurately while making vital information that impacts business decisions more accessible

Axalta's new apps and a new feature to an existing app are designed to help customers complete tasks more quickly and accurately while making vital information that impacts business decisions more accessible

Beacon Financial Group acquired a new stake in Axalta Coating Systems Ltd (NYSE:AXTA) during the fourth quarter, according to its most recent disclosure with the SEC. Janus Henderson Group PLC now owns 2,210,694 shares of the specialty chemicals company's stock valued at $70,831,000 after purchasing an additional 2,186,179 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in Axalta Coating Systems by 14.4% in the 2nd quarter. Axalta Coating Systems Ltd. (AXTA) has 0 billion shares outstanding now, 100.55% of which belong to institutional investors. Artisan Partners Limited Partnership bought a new stake in shares of Axalta Coating Systems in the 3rd quarter valued at $94,884,000. American International Group Inc. now owns 4,059 shares of the company's stock worth $108,000 after buying an additional 1,552 shares in the last quarter.

Bank of America set a $28.00 target price on Axalta Coating Systems (NYSE:AXTA) in a research note released on Tuesday, Marketbeat Ratings reports. US Bancorp DE now owns 5,096 shares of the company's stock worth $144,000 after buying an additional 5,038 shares in the last quarter. Vanguard Group Inc. increased its stake in Axalta Coating Systems by 3.8% in the 2nd quarter. Axalta Coating Systems Ltd. (AXTA) has had a 20-day average volume of 1,517,885 shares, with an average of 100% of short term indicators pointed at Sell. Norman Fields Gottscho Capital Management LLC raised its holdings in Axalta Coating Systems by 0.7% in the 3rd quarter.

In other news, SVP Michael F. Finn sold 3,950 shares of Axalta Coating Systems stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $32.66, for a total transaction of $129,007.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

The stock increased 2.02% or $0.63 during the last trading session, reaching $31.78. The chart below shows the one year performance of AXTA shares: Looking at the chart above, AXTA's low point in its 52 week range is $27.77 per share, with $38.20 as the 52 week high point - that compares with a last trade of $31.31. The company has a debt-to-equity ratio of 2.69, a current ratio of 2.11 and a quick ratio of 1.50. The firm has a market cap of $7,590.00, a PE ratio of 107.41, a PEG ratio of 1.68 and a beta of 1.55.

Axalta Coating Systems (NYSE:AXTA) last issued its earnings results on Thursday, October 26th. The specialty chemicals company reported $0.26 EPS for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.03. Axalta Coating Systems had a return on equity of 21.01% and a net margin of 2.61%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the company posted $0.33 earnings per share. The business's revenue was up 6.8% on a year-over-year basis. equities analysts forecast that Axalta Coating Systems Ltd will post 1.15 EPS for the current year. In the most recent quarterly financial report, for the quarter ending Sep. Finally, Nomura upgraded shares of Axalta Coating Systems to a "buy" rating and dropped their target price for the company from $30.00 to $28.00 in a research report on Tuesday, October 10th. Finally, Royal Bank of Canada reaffirmed a buy rating and issued a $37.00 price objective on shares of Axalta Coating Systems in a report on Monday, October 30th. KeyCorp reaffirmed a "buy" rating and set a $36.00 target price on shares of Axalta Coating Systems in a research note on Thursday, October 12th. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of "Hold" and a consensus price target of $33.15.

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The Performance Coatings segment offers various water and solvent borne products and systems that are used to refinish damaged vehicles for independent body shops, multi-shop operators, and original equipment maker dealership body shops.

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