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 earnings per share guidance of $2.50-2.60 for the period, compared to the consensus earnings per share 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.

Axalta Coating Systems Stock Performance

AXTA traded up $0.23 on Thursday, hitting $38.03. The company had a trading volume of 765,046 shares, compared to its average volume of 1,818,767. Axalta Coating Systems has a 1-year low of $30.40 and a 1-year high of $41.65. The stock has a market cap of $8.29 billion, a price-to-earnings ratio of 25.71, a price-to-earnings-growth ratio of 0.74 and a beta of 1.46. The company’s fifty day moving average price is $36.46 and its 200 day moving average price is $36.40. The company has a debt-to-equity ratio of 1.80, a current ratio of 2.00 and a quick ratio of 1.42.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings results on Tuesday, February 4th. The specialty chemicals company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 24.92% and a net margin of 6.22%. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.43 earnings per share. Equities analysts predict that Axalta Coating Systems will post 2.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AXTA has been the topic of a number of analyst reports. KeyCorp reiterated a “sector weight” rating on shares of Axalta Coating Systems in a research report on Tuesday, December 17th. Evercore ISI initiated coverage on Axalta Coating Systems in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $47.00 price target on the stock. BMO Capital Markets upped their price target on Axalta Coating Systems from $46.00 to $48.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Barclays upped their price target on Axalta Coating Systems from $44.00 to $45.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Royal Bank of Canada upped their price target on Axalta Coating Systems from $44.00 to $46.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.08.

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.