Axalta Coating Systems (NYSE:AXTA) Updates FY 2025 Earnings Guidance

Axalta Coating Systems (NYSE:AXTA) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 2.500-2.600 for the period, compared to the consensus earnings per share estimate of 2.350. The company issued revenue guidance of $5.4 billion-$5.4 billion, compared to the consensus revenue estimate of $5.4 billion. Axalta Coating Systems also updated its FY25 guidance to $2.50-2.60 EPS.

Axalta Coating Systems Trading Up 0.2 %

Shares of Axalta Coating Systems stock opened at $37.89 on Thursday. 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 has a 1 year low of $30.40 and a 1 year high of $41.65. The business has a 50 day moving average price of $36.46 and a 200 day moving average price of $36.40. The company has a market capitalization of $8.26 billion, a P/E ratio of 25.60, a P/E/G ratio of 0.74 and a beta of 1.46.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings data on Tuesday, February 4th. The specialty chemicals company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. Axalta Coating Systems had a net margin of 6.22% and a return on equity of 24.92%. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.43 EPS. Sell-side analysts anticipate that Axalta Coating Systems will post 2.15 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Barclays upped their price target on shares of Axalta Coating Systems from $44.00 to $45.00 and gave the company an “overweight” rating in a report on Wednesday. Evercore ISI assumed coverage on Axalta Coating Systems in a report on Wednesday, November 13th. They issued an “outperform” rating and a $47.00 target price for the company. Mizuho reduced their price target on shares of Axalta Coating Systems from $43.00 to $41.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Royal Bank of Canada raised their target price on Axalta Coating Systems from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Finally, BMO Capital Markets boosted their price target on Axalta Coating Systems from $46.00 to $48.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $43.08.

About Axalta Coating Systems

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.