Axalta Coating Systems Ltd (AXTA) Analysts See $0.39 EPS

Postado Julho 17, 2017

The firm has a market capitalization of $8.09 billion and a price-to-earnings ratio of 110.60. OLD Mutual Customised Solutions Proprietary Ltd.'s holdings in Axalta Coating Systems were worth $222,000 as of its most recent SEC filing. The stock has "Neutral" rating by Instinet on Friday, April 21. Jefferies Group LLC set a $36.00 target price on shares of Axalta Coating Systems and gave the stock a "buy" rating in a research report on Saturday, March 25th. The transaction was disclosed in a legal filing with the SEC, which is available at this link. About 30,970 shares traded. Axalta Coating Systems Ltd (NYSE:AXTA) has risen 13.74% since July 14, 2016 and is uptrending. Following the sale, the chief executive officer now directly owns 528,907 shares of the company's stock, valued at approximately $16,565,367.24.

The stock of Axalta Coating Systems Ltd (NYSE:AXTA) earned "Outperform" rating by RBC Capital Markets on Thursday, February 9. Zacks Investment Research raised shares of Axalta Coating Systems from a "hold" rating to a "buy" rating and set a $35.00 price objective on the stock in a research note on Tuesday, April 11th. Axalta Coating Systems has a 12-month low of $24.27 and a 12-month high of $34.10. The shares were sold at an average price of $33.00, for a total value of $165,000.00. ProShare Advisors LLC now owns 16,703 shares of the specialty chemicals company's stock worth $538,000 after buying an additional 157 shares during the last quarter. Daiwa Securities Group Inc. now owns 6,300 shares of the specialty chemicals company's stock valued at $203,000 after buying an additional 900 shares during the last quarter. The business's revenue for the quarter was up 5.5% on a year-over-year basis. Finally, Nomura downgraded shares of Axalta Coating Systems from a "buy" rating to a "neutral" rating and set a $33.00 price target for the company.in a report on Friday, April 21st.

Large investors have recently bought and sold shares of the stock. Citigroup Inc. restated a "neutral" rating and set a $33.00 target price (up previously from $30.00) on shares of Axalta Coating Systems in a research report on Friday, April 14th. Comerica Bank purchased a new position in Axalta Coating Systems during the fourth quarter worth $218,000. Aristotle Capital Management LLC raised its position in shares of Axalta Coating Systems by 0.3% in the first quarter. The company had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $994.43 million. Mn Services Vermogensbeheer B.V. now owns 5,772 shares of the specialty chemicals company's stock valued at $174,000 after buying an additional 294 shares during the last quarter. Axalta Coating Systems had a return on equity of 21.46% and a net margin of 6.50%. During the same quarter in the prior year, the firm posted $0.18 EPS. Prudential Financial Inc. acquired a new stake in shares of Axalta Coating Systems during the first quarter valued at approximately $210,000. The specialty chemicals company reported $0.26 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $0.02. Analysts anticipate that Axalta Coating Systems Ltd will post $1.38 earnings per share for the current year. The stock was sold at an average price of $32.13, for a total value of $3,678,885.00. If you are reading this piece on another publication, it was copied illegally and reposted in violation of USA & global copyright & trademark law. Also, CEO Charles W. Shaver sold 179,487 shares of the company's stock in a transaction that occurred on Monday, May 15th. The correct version of this article can be viewed at https://www.thestockobserver.com/2017/07/17/bank-of-america-corp-de-raises-stake-in-axalta-coating-systems-ltd-axta.html. Following the sale, the vice president now directly owns 4,088 shares in the company, valued at $128,158.80. The disclosure for this sale can be found here. The Company's segments include Performance Coatings and Transportation Coatings. And it remains to be seen which target price AXTA can achieve without sacrificing much as the company is holding a 19.97% gain for the past twelve months. Through its Transportation Coatings segment, the Company provides coating technologies to original equipment manufacturers (OEMs) of light and commercial vehicles.