Axalta Coating Systems Ltd [NYSE: AXTA] plunged by -$1.07 during the normal trading session on while it closed the day at $33.11.
Axalta Coating Systems Ltd stock has also loss -2.76% of its value over the past 7 days. However, AXTA stock has declined by -3.61% in the 3 months of the year. Over the past six months meanwhile, it has lost -9.16% and lost -3.24% year-on date.
The market cap for AXTA stock reached $7.22 billion, with 218.10 million shares outstanding and 217.10 million shares in the current float. Compared to the average trading volume of 1.92M shares, AXTA reached a trading volume of 3685370 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 $44.11 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 1.91. 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.
Wolfe Research have made an estimate for Axalta Coating Systems Ltd shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 17, 2025. While these analysts kept the previous recommendation, Citigroup dropped their target price from $45 to $41. The new note on the price target was released on December 18, 2024, representing the official price target for Axalta Coating Systems Ltd stock.
The Average True Range (ATR) for Axalta Coating Systems Ltd is set at 0.95, with the Price to Sales ratio for AXTA stock in the period of the last 12 months amounting to 1.37. The Price to Book ratio for the last quarter was 3.78, with the Price to Cash per share for the same quarter was set at 2.73. Price to Free Cash Flow for AXTA in the course of the last twelve months was 16.80 with Quick ratio for the last quarter at 1.47.
AXTA stock trade performance evaluation
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 -2.76. With this latest performance, AXTA shares dropped by -9.73% in over the last four-week period, additionally sinking by -9.16% over the last 6 months – not to mention a drop of -0.96% 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 37.91, with the RSI for the last a single of trading hit 34.98, and the three-weeks RSI is set at 39.90 for Axalta Coating Systems Ltd [AXTA]. The present Moving Average for the last 50 days of trading for this stock 35.86, while it was recorded at 34.00 for the last single week of trading, and 36.04 for the last 200 days.
Axalta Coating Systems Ltd [AXTA]: An insightful look at the core fundamentals
Axalta Coating Systems Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.47 and a Current Ratio set at 2.01.
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 10.55%.
Axalta Coating Systems Ltd [AXTA]: Institutional Ownership
There are presently around $101.11%, or 101.56%% of AXTA stock, in the hands of institutional investors. The top three institutional holders of AXTA stocks are: VANGUARD GROUP INC with ownership of 23.98 million shares, which is approximately 10.8845%. BLACKROCK INC., holding 19.95 million shares of the stock with an approximate value of $$681.81 million in AXTA stocks shares; and BLACKROCK INC., currently with $$623.34 million in AXTA stock with ownership which is approximately 8.2957%.
