Comparatively, Axalta Coating Systems Ltd. posted earnings of $0.39 per share in the same quarter past year. Next quarter's EPS is forecasted to be $0.35 and the next full year EPS is projected to be $1.44.
Another recent and important Axalta Coating Systems Ltd (NYSE:AXTA) news was published by Nasdaq.com which published an article titled: "Steven Romick Buys Tencent Holdings, Porsche Automobil Holding SE, Axalta ..." on October 06, 2017.
AXTA has been the topic of several other reports. Axalta Coating Systems had 49 analyst reports since September 2, 2015 according to SRatingsIntel. Evercore ISI assumed coverage on shares of Axalta Coating Systems in a research report on Monday, February 13th. Nomura's target price indicates a possible downside of -1.89 % from the previous stock close of the company. Barclays PLC restated an "equal weight" rating and set a $33.00 price target (down from $34.00) on shares of Axalta Coating Systems in a research report on Friday, August 4th.
Among 18 analysts covering Axalta Coating Systems (NYSE:AXTA), 12 have Buy rating, 2 Sell and 4 Hold. The firm has "Outperform" rating by RBC Capital Markets given on Wednesday, September 27. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and global copyright legislation. Looking at the stock's movement on the chart, Axalta Coating Systems Ltd. recorded a 52-week high of $34.10. The relative volume of the stock is 2.93, while its market cap is $7.31 Billion. A stock with a price that fluctuates wildly, hits new highs and lows or moves erratically is considered highly volatile. The company's 50-day moving average is $29.20 and its 200-day moving average is $31.01.
Axalta Coating Systems (NASDAQ:AXTA) last released its earnings results on Thursday, August 3rd. After having $0.31 EPS previously, Axalta Coating Systems Ltd's analysts see 12.90 % EPS growth. Axalta Coating Systems had a negative return on equity of 6.61% and a negative net margin of 1.73%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.12 billion. It dived, as 58 investors sold Kellogg Company shares while 213 reduced holdings. AXTA reported a change of 2.27% over the last week and performed 4.32% over the last month while its year to date (YTD) performance revealed an activity trend of 9.12%.
Investors of this company earned a return of 0.10% on the assets it owns in past twelve month. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the longer-term moving average. Following the transaction, the director now directly owns 4,000 shares in the company, valued at $112,640. The disclosure for this sale can be found here. 23 funds opened positions while 14 raised stakes.
Among new and sold out positions, 45 holders initiated new positions by a total of 9.12 million shares and 37 holders exited their positions by a total of 5.52 million shares. Chicago Partners Investment Group LLC acquired a new stake in Axalta Coating Systems during the 2nd quarter valued at approximately $127,000. Leith Wheeler Investment Counsel Ltd. owns 78,518 shares with a value of $2,304,000. Acrospire Investment Management LLC boosted its holdings in Axalta Coating Systems by 257.0% in the 2nd quarter. Finally, Advisor Group Inc. boosted its holdings in Axalta Coating Systems by 217.3% in the 2nd quarter. The stock slipped more than 5 percent so far this year.
At the end of June reporting period, 149 institutional holders increased their position in Axalta Coating Systems Ltd. (NYSE:AXTA) by some 29,043,703 shares, 153 decreased positions by 21,728,393 and 40 held positions by 192,572,950.
Axalta Coating Systems Ltd. (NYSE:AXTA) has a market cap of $6.84 billion and over the last 12 months, AXTA has risen by 9.25%. The Company's divisions include Performance Coatings and Transportation Coatings.