Published: Thu, February 15, 2018
Business | By Tara Barton

Earnings Estimates Revision Trends: Axalta Coating Systems Ltd. (AXTA)

Axalta Coating Systems (NYSE:AXTA) had its price objective hoisted by Nomura from $29.00 to $31.00 in a research report released on Thursday.

The analysts offering 12 month price targets for Axalta Coating Systems Ltd. have a median target of $35, with a high estimate of $38 and a low estimate of $28. Citigroup raised shares of Axalta Coating Systems from a "sell" rating to a "hold" rating and set a $34.00 price target for the company in a research report on Monday, October 30th. Finally, UBS Group began coverage on shares of Axalta Coating Systems in a research note on Tuesday, December 19th. The company has market cap of $7.46 billion. A 10 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of (NYSE:AXTA) or, if they already own its stock, sell it. The company has a consensus rating of Hold and an average target price of $33.53. Investors who observing the volume trend of Axalta Coating Systems Ltd. (AXTA) over recent time; they noted that 3.07 million shares changed at hands contradiction to its average trading volume of 3 million.

To persist focus on investment valuation, Axalta Coating Systems Ltd. (NYSE:AXTA) also have important role in eyes of active investors, it has price to earnings growth of 17.12, which is a valuation metric for determining relative trade-off among price of a stock. The firm attains analyst recommendation of 2.50 on scale of 1-5 with week's performance of -0.88%. The stock has a market capitalization of $7,560.90, a PE ratio of 25.83, a PEG ratio of 1.68 and a beta of 1.38. That's a potential 10.14 gain from where (NYSE:AXTA) has been trading recently. The specialty chemicals company reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.05. Axalta Coating Systems had a net margin of 0.84% and a return on equity of 20.93%. The 20-day Stochastic %k measure, which sits at 33.97%, tells a similar story, and suggests that AXTA now trades in neutral territory.

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In other news, CEO Charles W. Shaver sold 235,810 shares of the business's stock in a transaction on Wednesday, February 7th. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The direction of this stock is getting Weakest.This is an indicator for investors to know whether the stock is heading towards a Buy or Sell, or whether the Hold is advancing towards a Buy or a Sell. The shares were sold at an average price of $30.69, for a total transaction of $46,894.32. (NASDAQ:ATVI) established that the company was able to keep return on investment at 1.83 in the trailing twelve month while Reuters data showed that industry's average stands at 15.96 and sector's optimum level is 15.73. The stock ended last trade at 67.08 a share and the price is up more than 5.94% so far this year. For the last quarter, the company's quarterly EPS was $0.37. Finally, Rockefeller Financial Services Inc. purchased a new position in shares of Axalta Coating Systems in the 3rd quarter valued at approximately $215,000. State Street Corp now owns 3,642,670 shares of the specialty chemicals company's stock worth $116,710,000 after purchasing an additional 365,915 shares in the last quarter. Norman Fields Gottscho Capital Management LLC boosted its holdings in Axalta Coating Systems by 0.7% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Advisor Group Inc. grew its position in shares of Axalta Coating Systems by 217.3% in the 2nd quarter. Advisor Group Inc. now owns 8,001 shares of the specialty chemicals company's stock worth $258,000 after purchasing an additional 1,887 shares during the period. Bronfman E.L. Rothschild L.P. grew its position in shares of Axalta Coating Systems by 927.6% in the 3rd quarter. Hedge funds and other institutional investors own 99.32% of the company's stock.

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