What is Seaport Res Ptn’s Estimate for AXTA FY2026 Earnings?

Axalta Coating Systems Ltd. (NYSE:AXTAFree Report) – Stock analysts at Seaport Res Ptn cut their FY2026 earnings estimates for Axalta Coating Systems in a research note issued to investors on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now forecasts that the specialty chemicals company will post earnings of $2.71 per share for the year, down from their prior forecast of $2.83. The consensus estimate for Axalta Coating Systems’ current full-year earnings is $2.15 per share.

Axalta Coating Systems (NYSE:AXTAGet Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The specialty chemicals company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.08. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.32 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 .8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.45 earnings per share.

A number of other brokerages have also commented on AXTA. Mizuho cut their price objective on shares of Axalta Coating Systems from $43.00 to $41.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Wolfe Research upgraded shares of Axalta Coating Systems from a “peer perform” rating to an “outperform” rating and set a $41.00 target price on the stock in a report on Friday, January 17th. Evercore ISI initiated coverage on shares of Axalta Coating Systems in a report on Wednesday, November 13th. They set an “outperform” rating and a $47.00 target price on the stock. Royal Bank of Canada boosted their target price on shares of Axalta Coating Systems from $44.00 to $46.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Finally, Barclays boosted their target price on shares of Axalta Coating Systems from $42.00 to $44.00 and gave the stock an “overweight” rating in a report on Friday, November 1st. Three analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Axalta Coating Systems has an average rating of “Moderate Buy” and a consensus price target of $43.00.

Check Out Our Latest Report on AXTA

Axalta Coating Systems Stock Performance

Shares of AXTA stock opened at $36.73 on Thursday. The company’s fifty day simple moving average is $37.04 and its 200-day simple moving average is $36.29. 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 firm has a market cap of $8.01 billion, a PE ratio of 24.81, a P/E/G ratio of 0.74 and a beta of 1.46. Axalta Coating Systems has a 12 month low of $30.40 and a 12 month high of $41.65.

Hedge Funds Weigh In On Axalta Coating Systems

Several institutional investors and hedge funds have recently modified their holdings of AXTA. XTX Topco Ltd acquired a new position in shares of Axalta Coating Systems in the second quarter valued at about $224,000. Canada Pension Plan Investment Board grew its stake in shares of Axalta Coating Systems by 1.2% in the second quarter. Canada Pension Plan Investment Board now owns 263,700 shares of the specialty chemicals company’s stock valued at $9,011,000 after acquiring an additional 3,200 shares in the last quarter. Sei Investments Co. grew its stake in shares of Axalta Coating Systems by 7.8% in the second quarter. Sei Investments Co. now owns 386,607 shares of the specialty chemicals company’s stock valued at $13,210,000 after acquiring an additional 27,942 shares in the last quarter. Magnetar Financial LLC acquired a new position in shares of Axalta Coating Systems in the second quarter valued at about $228,000. Finally, Bank of Montreal Can grew its stake in shares of Axalta Coating Systems by 635.1% in the second quarter. Bank of Montreal Can now owns 392,877 shares of the specialty chemicals company’s stock valued at $13,448,000 after acquiring an additional 339,434 shares in the last quarter. 98.28% of the stock is currently owned by institutional investors and hedge funds.

Axalta Coating Systems Company Profile

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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.

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Earnings History and Estimates for Axalta Coating Systems (NYSE:AXTA)

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