Assessing Whether Axalta Coating Systems Ltd (NYSE: AXTA) Is Over- Or Undervalued

Axalta Coating Systems Ltd (AXTA) concluded trading on Wednesday at a closing price of $32.55, with 3.53 million shares of worth about $114.99 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.74% during that period and on Wednesday February 7 the price saw a gain of about 0.40%. Currently the company’s common shares owned by public are about 220.60M shares, out of which, 219.31M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 75 times over the past 12 months. They bought 390,272 shares in 44 of the transactions. In 31 selling transactions, insiders dumped 135,478 shares.

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However, the stock later moved at a day high price of 32.89, or with a gain of 0.40%. Stock saw a price change of 0.40% in past 5 days and over the past one month there was a price change of -1.87%. Year-to-date (YTD), AXTA shares are showing a performance of -4.18% which increased to 8.83% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.03 but also hit the highest price of $34.45 during that period. The average intraday trading volume for Axalta Coating Systems Ltd shares is 1.86 million. The stock is currently trading -0.37% below its 20-day simple moving average (SMA20), while that difference is down -0.85% for SMA50 and it goes to 7.15% higher than SMA200.

Axalta Coating Systems Ltd (NYSE: AXTA) currently have 220.60M outstanding shares and institutions hold larger chunk of about 104.58% of that.

The stock has a current market capitalization of $7.16B and its 3Y-monthly beta is at 1.52. PE ratio of stock for trailing 12 months is 30.38, while it has posted earnings per share of $1.07 in the same period. Its PEG reads 2.92 and has Quick Ratio of 1.50 while making debt-to-equity ratio of 2.21. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AXTA, volatility over the week remained 1.29% while standing at 1.42% over the month.

Analysts are in expectations that Axalta Coating Systems Ltd (AXTA) stock would likely to be making an EPS of $0.44 in the current quarter, while forecast for next quarter EPS is $0.42 and it is $1.92 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.41 which is $0.48 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.38 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 7.29% while it is estimated to increase by 20.32% in next year. EPS is likely to shrink at an annualized rate of 10.40% for next 5-years, compared to annual growth of 41.86% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on January 08, 2024 offering a Neutral rating for the stock and assigned a target price range of between $35 and $36 to it.

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