Axalta Coating Systems Ltd. [AXTA] Revenue clocked in at $3.82 billion, up 8.76% YTD: What’s Next?

Axalta Coating Systems Ltd. [NYSE: AXTA] loss -0.89% or -0.28 points to close at $31.05 with a heavy trading volume of 4379463 shares. The company report on June 10, 2021 that Axalta Names Tyrone Michael Jordan to Board of Directors.

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Former President & Chief Operating Officer of DURA Automotive Systems Brings Deep Mobility Expertise to the Axalta Board.

Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced that Tyrone Michael Jordan (TJ) has been appointed to its Board of Directors, effective immediately. He will serve on the Company’s Environment, Health, Safety & Sustainability Committee and Nominating and Corporate Governance Committee.

It opened the trading session at $31.48, the shares rose to $31.57 and dropped to $30.86, the range by which the price of stock traded the whole day. The daily chart for AXTA points out that the company has recorded 7.40% gains over the past six months. However, it is still -53.33% lower than its most recent low trading price.

If we look at the average trading volume of 3.35M shares, AXTA reached to a volume of 4379463 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about 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 $38.24 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 2.10. 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.

Susquehanna have made an estimate for Axalta Coating Systems Ltd. shares, keeping their opinion on the stock as Positive, with their previous recommendation back on April 26, 2021. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on March 15, 2021, representing the official price target for Axalta Coating Systems Ltd. stock. On May 12, 2020, analysts increased their price target for AXTA shares from 19 to 25.

The Average True Range (ATR) for Axalta Coating Systems Ltd. is set at 0.61, with the Price to Sales ratio for AXTA stock in the period of the last 12 months amounting to 1.88. The Price to Book ratio for the last quarter was 5.34, with the Price to Cash per share for the same quarter was set at 5.48. Price to Free Cash Flow for AXTA in the course of the last twelve months was 15.66 with Quick ratio for the last quarter at 1.90.

Trading performance analysis for AXTA stock

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 -1.05. With this latest performance, AXTA shares dropped by -4.31% in over the last four-week period, additionally plugging by 7.40% over the last 6 months – not to mention a rise of 36.90% 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 38.55, with the RSI for the last a single of trading hit 30.83, and the three-weeks RSI is set at 43.76 for Axalta Coating Systems Ltd. [AXTA]. The present Moving Average for the last 50 days of trading for this stock 31.92, while it was recorded at 31.33 for the last single week of trading, and 28.46 for the last 200 days.

Axalta Coating Systems Ltd. [AXTA]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Axalta Coating Systems Ltd. [AXTA] shares currently have an operating margin of +10.34 and a Gross Margin at +31.46. Axalta Coating Systems Ltd.’s Net Margin is presently recorded at +3.25.

Return on Total Capital for AXTA is now 7.15, given the latest momentum, and Return on Invested Capital for the company is 2.30. Return on Equity for this stock inclined to 8.73, with Return on Assets sitting at 1.74. 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 278.93. Additionally, AXTA Total Debt to Total Capital is recorded at 73.61, with Total Debt to Total Assets ending up at 55.85. Long-Term Debt to Equity for the company is recorded at 273.14, with the Long-Term Debt to Total Capital now at 72.08.

Reflecting on the efficiency of the workforce at the company, Axalta Coating Systems Ltd. [AXTA] managed to generate an average of $9,354 per employee. Receivables Turnover for the company is 4.21 with a Total Asset Turnover recorded at a value of 0.53.Axalta Coating Systems Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 2.40.

Axalta Coating Systems Ltd. [AXTA]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Axalta Coating Systems Ltd. posted -0.15/share EPS, while the average EPS was predicted by analysts to be reported at -0.11/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -36.40%. 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 26.70%.

An analysis of insider ownership at Axalta Coating Systems Ltd. [AXTA]

There are presently around $7,011 million, in the hands of institutional investors. The top three institutional holders of AXTA stocks are: BLACKROCK INC. with ownership of 19,489,477, which is approximately -2.916% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 19,357,619 shares of the stock with an approximate value of $601.05 million in AXTA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $431.19 million in AXTA stock with ownership of nearly -40.704% of the company’s market capitalization.

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Positions in Axalta Coating Systems Ltd. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 179 institutional holders increased their position in Axalta Coating Systems Ltd. [NYSE:AXTA] by around 31,697,801 shares. Additionally, 174 investors decreased positions by around 32,609,259 shares, while 38 investors held positions by with 161,504,145 shares. The mentioned changes placed institutional holdings at 225,811,205 shares, according to the latest SEC report filing. AXTA stock had 45 new institutional investments in for a total of 11,113,125 shares, while 60 institutional investors sold positions of 7,321,341 shares during the same period.

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