Mizuho Issues Pessimistic Forecast for Axalta Coating Systems (NYSE:AXTA) Stock Price

Axalta Coating Systems (NYSE:AXTA) had its price target cut by equities research analysts at Mizuho from $39.00 to $32.00 in a report issued on Monday,Benzinga reports. The firm currently has an “outperform” rating on the specialty chemicals company’s stock. Mizuho’s price target indicates a potential upside of 21.87% from the stock’s current price.

AXTA has been the subject of several other reports. Vertical Research lowered Axalta Coating Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 7th. UBS Group reissued a “neutral” rating and set a $36.00 price target on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Royal Bank Of Canada lifted their price objective on shares of Axalta Coating Systems from $33.00 to $35.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 12th. BMO Capital Markets reissued a “market perform” rating and set a $35.00 target price on shares of Axalta Coating Systems in a research report on Wednesday, February 11th. Finally, The Goldman Sachs Group lifted their price target on shares of Axalta Coating Systems from $36.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $36.13.

Axalta Coating Systems Stock Up 3.2%

NYSE AXTA traded up $0.82 during trading on Monday, reaching $26.26. 1,191,376 shares of the company’s stock traded hands, compared to its average volume of 3,355,751. Axalta Coating Systems has a 12-month low of $24.94 and a 12-month high of $35.72. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.06 and a quick ratio of 1.50. The firm has a market cap of $5.60 billion, a price-to-earnings ratio of 15.08, a price-to-earnings-growth ratio of 1.12 and a beta of 1.29. The company’s 50 day simple moving average is $32.32 and its two-hundred day simple moving average is $30.69.

Axalta Coating Systems (NYSE:AXTA) last announced its quarterly earnings results on Tuesday, February 10th. The specialty chemicals company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.01). The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Axalta Coating Systems had a return on equity of 23.60% and a net margin of 7.39%.Axalta Coating Systems’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 EPS. Axalta Coating Systems has set its Q1 2026 guidance at 0.500-0.50 EPS. As a group, sell-side analysts forecast that Axalta Coating Systems will post 2.55 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Covestor Ltd grew its holdings in shares of Axalta Coating Systems by 197.7% during the fourth quarter. Covestor Ltd now owns 908 shares of the specialty chemicals company’s stock valued at $29,000 after buying an additional 603 shares during the last quarter. Eagle Bay Advisors LLC acquired a new stake in Axalta Coating Systems during the 4th quarter worth about $30,000. Summit Securities Group LLC acquired a new stake in Axalta Coating Systems during the 4th quarter worth about $32,000. Los Angeles Capital Management LLC purchased a new stake in Axalta Coating Systems during the 4th quarter valued at about $35,000. Finally, IFP Advisors Inc increased its holdings in shares of Axalta Coating Systems by 65.9% in the fourth quarter. IFP Advisors Inc now owns 1,453 shares of the specialty chemicals company’s stock valued at $47,000 after purchasing an additional 577 shares during the period. Hedge funds and other institutional investors own 98.28% of the company’s stock.

Axalta Coating Systems Company Profile

Axalta Coating Systems is a global leader in the development, manufacture and sale of liquid and powder coatings. The company’s product portfolio spans refinish coatings for the automotive collision repair market, original equipment manufacturer (OEM) coatings for new vehicle production, and industrial coatings including electrodeposition (E-coat) and powder coatings for a variety of sectors such as architecture, heavy equipment and general industrial applications.

Tracing its roots to the 19th century and rebranded as Axalta following its separation from DuPont Performance Coatings in 2013, the company has built a presence in more than 100 countries.