Axalta Coating Systems Ltd. (AXTA)
NYSE: AXTA · IEX Real-Time Price · USD
30.74
-1.07 (-3.38%)
Apr 19, 2024, 2:29 PM EDT - Market open
Axalta Coating Systems Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for AXTA stock have an average target of 35.45, with a low estimate of 31 and a high estimate of 40. The average target predicts an increase of 15.34% from the current stock price of 30.74.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AXTA stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 3 | 3 | 4 |
| Buy | 5 | 5 | 5 | 4 | 4 | 3 |
| Hold | 3 | 3 | 4 | 4 | 5 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 12 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $38 → $40 | Strong Buy | Maintains | $38 → $40 | +30.14% | Apr 10, 2024 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Mar 1, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $35 → $38 | Buy | Maintains | $35 → $38 | +23.64% | Feb 9, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $31 → $33 | Hold | Maintains | $31 → $33 | +7.37% | Jan 9, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $35 → $36 | Strong Buy → Hold | Downgrades | $35 → $36 | +17.13% | Jan 8, 2024 |
Financial Forecast
Revenue This Year
5.42B
from 5.18B
Increased by 4.49%
Revenue Next Year
5.60B
from 5.42B
Increased by 3.43%
EPS This Year
1.92
from 1.21
Increased by 58.58%
EPS Next Year
2.19
from 1.92
Increased by 13.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.7B | 5.9B | 6.2B |
| Avg | 5.4B | 5.6B | 5.8B |
| Low | 5.1B | 5.2B | 5.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.0% | 8.2% | 11.3% |
| Avg | 4.5% | 3.4% | 3.3% |
| Low | -1.8% | -3.1% | -2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.07 | 2.39 | 2.70 |
| Avg | 1.92 | 2.19 | 2.47 |
| Low | 1.76 | 1.96 | 2.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 71.0% | 24.8% | 23.4% |
| Avg | 58.6% | 14.0% | 12.7% |
| Low | 45.8% | 2.1% | 0.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.