Axalta Coating Systems Ltd. (AXTA)
Market Cap | 6.91B |
Revenue (ttm) | 5.18B |
Net Income (ttm) | 267.40M |
Shares Out | 220.14M |
EPS (ttm) | 1.21 |
PE Ratio | 25.95 |
Forward PE | 16.40 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 625,948 |
Open | 30.99 |
Previous Close | 30.93 |
Day's Range | 30.90 - 31.49 |
52-Week Range | 25.03 - 34.54 |
Beta | 1.51 |
Analysts | Buy |
Price Target | 35.45 (+12.88%) |
Earnings Date | May 1, 2024 |
About AXTA
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. It also offers water and solvent-borne products and systems to repair damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops. In addition, the company provides functional ... [Read more]
Financial Performance
In 2023, AXTA's revenue was $5.18 billion, an increase of 6.14% compared to the previous year's $4.88 billion. Earnings were $267.40 million, an increase of 39.56%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for AXTA stock is "Buy." The 12-month stock price forecast is $35.45, which is an increase of 12.88% from the latest price.
News
Axalta Irus Mix and Voltatex® 7345 A ECO Wire Enamel Win Silver 2024 Edison Awards™; Low Carbon Footprint Sustainable Coating System with Hyperdur® Primer and Chromadyne® Colorcoat Takes Bronze
PHILADELPHIA, April 23, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, announced today that it has won three 2024 Edison Awards™. Axalta Irus Mix won ...
Axalta Named a 2023 General Motors Supplier of the Year
PHILADELPHIA, April 15, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, was recognized by General Motors as a top global supplier of 2023 during its an...
Axalta Schedules First-Quarter 2024 Earnings Conference Call
PHILADELPHIA, April 02, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its first-quarter 2024 financial results at 6 a.m. ET on Wednesday...
Robert McLaughlin to Retire from Axalta Board of Directors
PHILADELPHIA, March 21, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA), a leading global coatings company, today announced that Robert M. McLaughlin has decided that he will retire ...
Top 5 Materials Stocks That May Explode This Month - Air Products & Chemicals (NYSE:APD), Axalta Coating Sys (NYSE:AXTA)
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Axalta Releases Fourth Quarter and Full Year 2023 Results
PHILADELPHIA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the fourth quarter and full y...
Axalta Announces Starry Night as 2024 Global Automotive Color of the Year
Dynamic black shade evokes depths of our universe and space exploration Latest edition marks decade since Axalta launched its first Automotive Color of the Year GLEN MILLS, Pa., Jan. 29, 2024 (GLOBE N...
Axalta Wins Two 2024 BIG Innovation Awards
Voltatex® 7345 A ECO Wire Enamel enables efficient electric motors, powertrains and energy storage devices, advances electrification, and reduces CO 2 emissions
Axalta Schedules Fourth-Quarter and Full-Year 2023 Earnings Conference Call
GLEN MILLS, Pa., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its fourth-quarter and full-year 2023 financial results at 6 a.m...
Axalta Releases Third Quarter 2023 Results
GLEN MILLS, Pa., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the third quarter ended Se...
Axalta Named Exclusive Supplier for BMW Group's Private Paint Label ColorSystem in EMEA
Adds to existing supplier agreements Up to 45% reduction in carbon equivalent emissions across 730 franchised dealer collision repair shops GLEN MILLS, Pa., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Axalta Co...
Axalta Names Mary S. Zappone to Board of Directors
GLEN MILLS, Pa., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd.
Axalta Schedules Third-Quarter 2023 Earnings Conference Call
GLEN MILLS, Pa., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its third-quarter 2023 financial results at 6 a.m. ET on Wednesd...
Axalta Building Products Unveils “Wood Vibes: Lifestyles” Trend Report
HIGH POINT, N.C., Oct. 04, 2023 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today introduced the release of Wood Vibes: Lifestyles, the 2024 editi...
Axalta's Brian Berube to Retire; Alex Tablin-Wolf Promoted to Senior Vice President, General Counsel & Corporate Secretary
GLEN MILLS, Pa., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA) (“Axalta” or the “Company”), a leading global coatings company, today announced that Brian Berube has decid...
Axalta Wins Another Globally Distinguished R&D 100 Award for Innovation
GLEN MILLS, Pa., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, has won a 2023 R&D 100 award in the Mechanical and Materials category. Axalta's next generati...
Axalta Partners with Xaar to Introduce Next Generation, Sustainable Digital Paint Technology for Transportation Industry
Technology can contribute up to a 30% reduction in CO2 emissions for two-tone vehicle manufacturers Technology can contribute up to a 30% reduction in CO2 emissions for two-tone vehicle manufacturers
Axalta Releases 2020-2022 Sustainability Report
GLEN MILLS, Pa., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, today released its 2020-2022 Sustainability Report, citing progress on ambiti...
Axalta Releases Second Quarter 2023 Results
Robust pricing, focused execution and solid market demand drove margin and earnings growth Robust pricing, focused execution and solid market demand drove margin and earnings growth
Axalta Names Dr. Kevin Stein to Board of Directors
GLEN MILLS, Pa., July 31, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA), a leading global coatings company, today announced that Dr. Kevin Stein, President and Chief Executive Offi...
Axalta Appoints Carl Anderson as Senior Vice President and Chief Financial Officer
GLEN MILLS, Pa., July 19, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA) (“Axalta” or the “Company”), a leading global coatings company, today announced that Carl Anderson has been ...
Axalta Schedules Second-Quarter 2023 Earnings Conference Call
GLEN MILLS, Pa., July 18, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its second-quarter 2023 financial results after the close of tra...
New Fully Automated Axalta Irus Mix Maximizes Profitability, Provides Sustainable Benefits for Automotive Refinish Industry
Fast and efficient mixing machine on market delivers highly accurate color without waste Technology eliminates the need for manual mixing GLEN MILLS, Pa., May 11, 2023 (GLOBE NEWSWIRE) -- Axalta Coati...
Axalta Releases First Quarter 2023 Results
Earnings above guidance range driven by margin recovery initiatives and Mobility Coatings volume growth Earnings above guidance range driven by margin recovery initiatives and Mobility Coatings volume...
Axalta's Abcite® 2060 Flame Spray Powder Coating, Self-Priming Kitchen Cabinet Coating Win Gold 2023 Edison Awards™; AquaEC® Flex Takes Bronze
GLEN MILLS, Pa., April 26, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, announced today that its Abcite® 2060 Flame Spray Powder Coating and Self-Pr...