Axalta Coating Systems (NYSE:AXTA) Updates FY 2025 Earnings Guidance

Axalta Coating Systems (NYSE:AXTA) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.500-2.600 for the period, compared to the consensus estimate of 2.350. The company issued revenue guidance of $5.4 billion-$5.4 billion, compared to the consensus revenue estimate of $5.4 billion. Axalta Coating Systems also updated its FY25 guidance to $2.50-2.60 EPS.

Axalta Coating Systems Trading Down 0.5 %

NYSE AXTA traded down $0.20 during trading hours on Wednesday, hitting $37.81. 532,651 shares of the company were exchanged, compared to its average volume of 1,735,427. Axalta Coating Systems has a 52 week low of $30.40 and a 52 week high of $41.65. The company has a quick ratio of 1.42, a current ratio of 2.00 and a debt-to-equity ratio of 1.80. The stock has a 50-day moving average price of $36.52 and a 200 day moving average price of $36.39. The stock has a market cap of $8.25 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of 0.74 and a beta of 1.46.

Axalta Coating Systems (NYSE:AXTA) last released its earnings results on Tuesday, February 4th. The specialty chemicals company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.31 billion. Axalta Coating Systems had a net margin of 6.22% and a return on equity of 24.92%. The business’s revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the business earned $0.43 EPS. Analysts forecast that Axalta Coating Systems will post 2.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on AXTA. Barclays lifted their target price on Axalta Coating Systems from $44.00 to $45.00 and gave the company an “overweight” rating in a research report on Wednesday. Wolfe Research raised shares of Axalta Coating Systems from a “peer perform” rating to an “outperform” rating and set a $41.00 price objective for the company in a research note on Friday, January 17th. Citigroup downgraded shares of Axalta Coating Systems from a “buy” rating to a “neutral” rating and cut their target price for the company from $45.00 to $41.00 in a research report on Wednesday, December 18th. BMO Capital Markets boosted their price target on shares of Axalta Coating Systems from $46.00 to $48.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. Finally, Mizuho dropped their price objective on shares of Axalta Coating Systems from $43.00 to $41.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Three research analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Axalta Coating Systems currently has an average rating of “Moderate Buy” and an average price target of $43.08.

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.