Axalta Coating Systems Ltd. (NYSE:AXTA) traded with the volume of 5.72 Million Yesterday. The Stock Opened its session at $27.91 and closed at $26.76 by showing an decrease of -4.8 percent. Axalta Coating Systems Ltd. has 1 year price target of 33.46. The stock gained a consensus recommendation of 1.7 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Oct 27 BMO. The company reported its last quarter on Jun 16.
On Jun 16 Axalta Coating Systems Ltd. (NYSE:AXTA) reported its EPS in the last quarter as $0.34/Share lagging the analyst estimate of $0.35/Share by the difference of $-0.01. This showed the surprise of -2.9% in the last quarter earnings. For the Current Quarter, 5 analyst are projecting the mean EPS to be $0.27/share. According to their observations and findings, the stock could provide a high EPS of $0.31/share and a Low EPS of $0.24/share.
The 15 analysts offering 12-month price forecasts for Axalta Coating Systems Ltd have a median target of 33.00, with a high estimate of 36.00 and a low estimate of 29.00. The median estimate represents a +23.32% increase from the last price of 26.76. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Axalta Coating Systems Ltd. where they believe that the company has the potential to earn average revenue of $1.01 Billion for the current quarter. According to their predictions High & Low revenue estimates are 1.04 Billion and 953.8 Million respectively.
Axalta Coating Systems Ltd. (NYSE:AXTA) topped its 52-week high price of $30.45 on Apr 20, 2016 and 52-Week Low Price of $20.67 on Feb 9, 2016. The Stock currently has the market capitalization of $6.72 Million, P/E (price to earnings ttm) of 42.54 and Weekly volatility of 2.04%% and monthly volatility of 1.79%% respectively.
Axalta Coating Systems Ltd. Gross Margin percentage stands at 37.7% while its Operating Margin for trailing twelve month is 11.8 percent and Profit margin (ttm) is 3.8 Percent. The stock is currently moving above its 20-Day Simple Moving Average of -4.9% with the 50-Day Simple Moving Average of -4.9 percent. Currently, the company has SMA200 (200-day simple moving average) of -1.9 Percent. The Stock has YTD (year to date) performance of 0.41 percent.
Many research firms have provided their ratings on Axalta Coating Systems Ltd. (NYSE:AXTA) where Gabelli & Co provided Buyrating on the stock on 1-Sep-16. Other firms include Seaport Global Securities giving Buy rating on 27-Jul-16.
The latest Insider trade was made on 3 Oct 2016 where Shaver (Charles W.) Chief Executive Officer did a transaction type “Buy” in which 14192 shares were traded at a price of $7.21. Another insider trade includes Chief Executive Officer Shaver (Charles W.) who also initiated a transaction in which 24237 shares were traded on 3 Oct 2016 as “Sell”.
Axalta Coating Systems Ltd. is a global coatings company engaged in the manufacturing, marketing and distribution of coatings systems. The company offers waterborne and solvent borne coatings; liquid and powder coatings; and liquid coatings. It provides a range of performance and transportation coatings for manufacturers of light and commercial vehicles, the refinish aftermarket and for many industrial applications. The Company’s products and services include paint, color matching tools, application technologies and customer training, support and business management systems. Axalta Coating Systems Ltd. is headquartered in Philadelphia, Pennsylvania.