Axalta Coating Systems Ltd. [NYSE: AXTA] closed the trading session at $30.99 on 05/18/23. The day’s price range saw the stock hit a low of $30.37, while the highest price level was $31.00. The company report on May 11, 2023 at 1:30 PM that New Fully Automated Axalta Irus Mix Maximizes Profitability, Provides Sustainable Benefits for Automotive Refinish Industry.
Fast and efficient mixing machine on market delivers highly accurate color without waste.
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The stocks have a year to date performance of 21.67 percent and weekly performance of 2.38 percent. The stock has been moved at 18.24 percent over the last six months. The stock has performed -1.84 percent around the most recent 30 days and changed 6.97 percent over the most recent 3-months.
If compared to the average trading volume of 2.98M shares, AXTA reached to a volume of 2153937 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $34.00 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 2.30. 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.
RBC Capital Mkts have made an estimate for Axalta Coating Systems Ltd. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 17, 2023. While these analysts kept the previous recommendation, Deutsche Bank raised their target price from $25 to $40. The new note on the price target was released on January 30, 2023, representing the official price target for Axalta Coating Systems Ltd. stock. Previously, the target price had yet another raise from $30.29 to $35.19, while Citigroup kept a Buy rating on AXTA stock.
The Average True Range (ATR) for Axalta Coating Systems Ltd. is set at 0.74, with the Price to Sales ratio for AXTA stock in the period of the last 12 months amounting to 1.38. The Price to Book ratio for the last quarter was 4.36, with the Price to Cash per share for the same quarter was set at 2.30. Price to Free Cash Flow for AXTA in the course of the last twelve months was 50.80 with Quick ratio for the last quarter at 1.40.
AXTA stock trade performance evaluation
Axalta Coating Systems Ltd. [AXTA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.38. With this latest performance, AXTA shares dropped by -1.84% in over the last four-week period, additionally plugging by 18.24% over the last 6 months – not to mention a rise of 17.08% 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 54.20, with the RSI for the last a single of trading hit 56.14, and the three-weeks RSI is set at 53.79 for Axalta Coating Systems Ltd. [AXTA]. The present Moving Average for the last 50 days of trading for this stock 30.09, while it was recorded at 30.46 for the last single week of trading, and 26.99 for the last 200 days.
Axalta Coating Systems Ltd. [AXTA]: An insightful look at the core 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 +9.24 and a Gross Margin at +26.57. Axalta Coating Systems Ltd.’s Net Margin is presently recorded at +3.92.
Return on Total Capital for AXTA is now 8.45, given the latest momentum, and Return on Invested Capital for the company is 3.68. Return on Equity for this stock inclined to 13.01, with Return on Assets sitting at 2.68. 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 258.76. Additionally, AXTA Total Debt to Total Capital is recorded at 72.13, with Total Debt to Total Assets ending up at 53.28. Long-Term Debt to Equity for the company is recorded at 254.67, with the Long-Term Debt to Total Capital now at 70.99.
Reflecting on the efficiency of the workforce at the company, Axalta Coating Systems Ltd. [AXTA] managed to generate an average of $15,967 per employee. Receivables Turnover for the company is 4.69 with a Total Asset Turnover recorded at a value of 0.68.Axalta Coating Systems Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 2.10.
Earnings per share (EPS) analysis for Axalta Coating Systems Ltd. [AXTA] stock
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 11.91%.