Axalta Coating Systems Ltd. [NYSE: AXTA] price surged by 0.74 percent to reach at $0.21. The company report on December 14, 2020 that Axalta continues automotive color leadership with 68th Global Automotive Color Popularity Report.
– White remains top vehicle color globally; automakers produced 81% of vehicles in neutral shades of white, black, gray and silver.
– Shift from silver toward gray in many markets; gray viewed as more modern and luxurious.
A sum of 2145902 shares traded at recent session while its average daily volume was at 2.65M shares. Axalta Coating Systems Ltd. shares reached a high of $28.99 and dropped to a low of $28.44 until finishing in the latest session at $28.51.
The one-year AXTA stock forecast points to a potential upside of 10.06. The average equity rating for AXTA stock is currently 2.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Axalta Coating Systems Ltd. [AXTA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AXTA shares is $31.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AXTA stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Axalta Coating Systems Ltd. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 12, 2020. The new note on the price target was released on April 01, 2020, representing the official price target for Axalta Coating Systems Ltd. stock.
The Average True Range (ATR) for Axalta Coating Systems Ltd. is set at 0.62, with the Price to Sales ratio for AXTA stock in the period of the last 12 months amounting to 1.79. The Price to Book ratio for the last quarter was 5.01, with the Price to Cash per share for the same quarter was set at 5.66. Price to Free Cash Flow for AXTA in the course of the last twelve months was 16.10 with Quick ratio for the last quarter at 2.20.
AXTA Stock Performance Analysis:
Axalta Coating Systems Ltd. [AXTA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.87. With this latest performance, AXTA shares gained by 0.07% in over the last four-week period, additionally plugging by 31.26% over the last 6 months – not to mention a drop of -5.97% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AXTA stock in for the last two-week period is set at 51.79, with the RSI for the last a single of trading hit 46.91, and the three-weeks RSI is set at 54.69 for Axalta Coating Systems Ltd. [AXTA]. The present Moving Average for the last 50 days of trading for this stock 27.53, while it was recorded at 28.75 for the last single week of trading, and 23.01 for the last 200 days.
Insight into Axalta Coating Systems Ltd. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Axalta Coating Systems Ltd. [AXTA] shares currently have an operating margin of +13.48 and a Gross Margin at +32.92. Axalta Coating Systems Ltd.’s Net Margin is presently recorded at +5.56.
Return on Total Capital for AXTA is now 11.49, given the latest momentum, and Return on Invested Capital for the company is 4.86. Return on Equity for this stock inclined to 19.46, with Return on Assets sitting at 3.69. When it comes to the capital structure of this company, Axalta Coating Systems Ltd. [AXTA] has a Total Debt to Total Equity ratio set at 290.42. Additionally, AXTA Total Debt to Total Capital is recorded at 74.39, with Total Debt to Total Assets ending up at 57.68. Long-Term Debt to Equity for the company is recorded at 285.02, with the Long-Term Debt to Total Capital now at 73.00.
Reflecting on the efficiency of the workforce at the company, Axalta Coating Systems Ltd. [AXTA] managed to generate an average of $17,786 per employee. Receivables Turnover for the company is 5.19 with a Total Asset Turnover recorded at a value of 0.66.Axalta Coating Systems Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.20 and a Current Ratio set at 2.70.
AXTA Stock EPS
With the latest financial reports released by the company, Axalta Coating Systems Ltd. posted 0.42/share EPS, while the average EPS was predicted by analysts to be reported at 0.43/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -2.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AXTA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Axalta Coating Systems Ltd. go to 2.72%.
Axalta Coating Systems Ltd. [AXTA] Insider Position Details
There are presently around $6,266 million, or 97.80% of AXTA stock, in the hands of institutional investors. The top three institutional holders of AXTA stocks are: BERKSHIRE HATHAWAY INC with ownership of 23,420,000, which is approximately -2.7% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 18,640,909 shares of the stock with an approximate value of $531.45 million in AXTA stocks shares; and BLACKROCK INC., currently with $529.41 million in AXTA stock with ownership of nearly 17.651% of the company’s market capitalization.
Positions in Axalta Coating Systems Ltd. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 169 institutional holders increased their position in Axalta Coating Systems Ltd. [NYSE:AXTA] by around 28,625,136 shares. Additionally, 158 investors decreased positions by around 32,495,395 shares, while 34 investors held positions by with 158,669,587 shares. The mentioned changes placed institutional holdings at 219,790,118 shares, according to the latest SEC report filing. AXTA stock had 54 new institutional investments in for a total of 8,674,501 shares, while 38 institutional investors sold positions of 7,781,346 shares during the same period.