Currently, there are 218.00M common shares owned by the public and among those 217.13M shares have been available to trade.
The company’s stock has a 5-day price change of 2.84% and 0.24% over the past three months. AXTA shares are trading 11.08% year to date (YTD), with the 12-month market performance up to 15.39% higher. It has a 12-month low price of $30.40 and touched a high of $41.65 over the same period. AXTA has an average intraday trading volume of 1.71 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.97%, 2.87%, and 6.06% respectively.
Institutional ownership of Axalta Coating Systems Ltd (NYSE: AXTA) shares accounts for 100.89% of the company’s 218.00M shares outstanding.
It has a market capitalization of $8.29B and a beta (3y monthly) value of 1.46. The stock’s trailing 12-month PE ratio is 25.64, while the earnings-per-share (ttm) stands at $1.48. The company has a PEG of 2.85 and a Quick Ratio of 1.42 with the debt-to-equity ratio at 1.85. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.70% over the week and 1.84% over the month.
Earnings per share for the fiscal year are expected to increase by 0.68%, and 13.68% over the next financial year. EPS should grow at an annualized rate of 8.99% over the next five years, compared to 7.16% over the past 5-year period.
Looking at the support for the AXTA, a number of firms have released research notes about the stock. Wolfe Research stated their Outperform rating for the stock in a research note on January 17, 2025, with the firm’s price target at $41. Citigroup coverage for the Axalta Coating Systems Ltd (AXTA) stock in a research note released on December 18, 2024 offered a Neutral rating with a price target of $41. KeyBanc Capital Markets was of a view on December 17, 2024 that the stock is Sector Weight, while Evercore ISI gave the stock Outperform rating on November 13, 2024, issuing a price target of $47. Wolfe Research on their part issued Peer Perform rating on March 01, 2024.
