KeyCorp Has Positive Forecast for AXTA Q1 Earnings

Axalta Coating Systems Ltd. (NYSE:AXTA) – Investment analysts at KeyCorp boosted their Q1 2025 earnings per share estimates for shares of Axalta Coating Systems in a note issued to investors on Sunday, April 13th. KeyCorp analyst A. Yefremov now forecasts that the specialty chemicals company will earn $0.53 per share for the quarter, up from their previous forecast of $0.49. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Axalta Coating Systems’ current full-year earnings is $2.55 per share. KeyCorp also issued estimates for Axalta Coating Systems’ FY2025 earnings at $2.33 EPS.

Several other equities research analysts have also recently weighed in on AXTA. Deutsche Bank Aktiengesellschaft lowered their price target 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. Mizuho set a $37.00 target price on Axalta Coating Systems in a research report on Tuesday. BNP Paribas raised Axalta Coating Systems from a “neutral” rating to an “outperform” rating and set a $38.00 price target for the company in a research report on Thursday, April 10th. StockNews.com downgraded Axalta Coating Systems from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 28th. Finally, Wells Fargo & Company cut their target price on Axalta Coating Systems from $42.00 to $37.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 9th. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Axalta Coating Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.36.

Axalta Coating Systems Stock Performance

Shares of Axalta Coating Systems stock opened at $31.23 on Wednesday. The company has a current ratio of 2.01, a quick ratio of 1.47 and a debt-to-equity ratio of 1.74. The stock’s fifty day moving average price is $34.21 and its 200-day moving average price is $36.08. The firm has a market cap of $6.81 billion, a P/E ratio of 17.54, a P/E/G ratio of 0.92 and a beta of 1.33. Axalta Coating Systems has a 12 month low of $27.70 and a 12 month high of $41.66.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings results on Tuesday, February 4th. The specialty chemicals company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. Axalta Coating Systems had a net margin of 7.41% and a return on equity of 26.29%. The company’s revenue was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.43 earnings per share.

Insider Transactions at Axalta Coating Systems

In other news, insider Troy D. Weaver sold 10,457 shares of the firm’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $37.57, for a total transaction of $392,869.49. Following the sale, the insider now directly owns 74,905 shares in the company, valued at $2,814,180.85. This trade represents a 12.25 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.40% of the company’s stock.

Institutional Trading of Axalta Coating Systems

Several institutional investors have recently bought and sold shares of AXTA. Fifth Third Bancorp raised its position in Axalta Coating Systems by 12.1% during the first quarter. Fifth Third Bancorp now owns 3,704 shares of the specialty chemicals company’s stock worth $123,000 after acquiring an additional 401 shares during the period. SG Americas Securities LLC purchased a new position in Axalta Coating Systems in the 1st quarter valued at about $55,876,000. Wedge Capital Management L L P NC boosted its stake in shares of Axalta Coating Systems by 12.3% in the first quarter. Wedge Capital Management L L P NC now owns 103,826 shares of the specialty chemicals company’s stock worth $3,444,000 after acquiring an additional 11,346 shares during the last quarter. UMB Bank n.a. boosted its stake in Axalta Coating Systems by 31.1% during the 1st quarter. UMB Bank n.a. now owns 2,744 shares of the specialty chemicals company’s stock worth $91,000 after purchasing an additional 651 shares during the last quarter. Finally, MRA Advisory Group purchased a new stake in shares of Axalta Coating Systems during the first quarter worth $394,000. 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.