Axalta Coating Systems (NYSE:AXTA) Updates FY25 Earnings Guidance

Axalta Coating Systems (NYSE:AXTA) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $2.50-2.60 for the period, compared to the consensus EPS estimate of $2.35. The company issued revenue guidance of $5.35-5.4 billion, compared to the consensus revenue estimate of $5.36 billion. Axalta Coating Systems also updated its FY 2025 guidance to 2.500-2.600 EPS.

Analyst Ratings Changes

AXTA has been the topic of a number of research analyst reports. Wolfe Research raised shares of Axalta Coating Systems from a “peer perform” rating to an “outperform” rating and set a $41.00 price objective on the stock in a research report on Friday, January 17th. Citigroup downgraded Axalta Coating Systems from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $45.00 to $41.00 in a report on Wednesday, December 18th. KeyCorp reaffirmed a “sector weight” rating on shares of Axalta Coating Systems in a research report on Tuesday, December 17th. Evercore ISI assumed coverage on shares of Axalta Coating Systems in a research note on Wednesday, November 13th. They set an “outperform” rating and a $47.00 price target for the company. Finally, Royal Bank of Canada raised their price objective on shares of Axalta Coating Systems from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Three research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $43.00.

Axalta Coating Systems Stock Performance

AXTA stock traded up $2.90 during midday trading on Tuesday, hitting $38.01. The company’s stock had a trading volume of 3,349,546 shares, compared to its average volume of 1,726,356. The stock has a market cap of $8.29 billion, a price-to-earnings ratio of 25.66, a PEG ratio of 0.74 and a beta of 1.46. 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’s 50-day moving average price is $36.57 and its 200 day moving average price is $36.37. Axalta Coating Systems has a 1 year low of $30.40 and a 1 year high of $41.65.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings results on Tuesday, February 4th. The specialty chemicals company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.09. The company 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 firm’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.43 earnings per share. On average, equities analysts forecast that Axalta Coating Systems will post 2.15 EPS for the current year.

Axalta Coating Systems Company Profile

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.