Stock of the Day

May 4, 2021

Axalta Coating Systems (AXTA)

$36.52
-$0.50 (-1.4%)
Market Cap: $7.92B

About Axalta Coating Systems

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings. It also offers water and solvent-borne products and systems to repair damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops. In addition, the company provides functional and decorative liquid, and powder coatings used in various industrial applications, including building materials, cabinet, wood and luxury vinyl flooring and furniture market under the Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Ceranamel, Industrial, Corlar Industrial, Tufcote, Imron Industrial, Alesta, Teodur, Nap-Gard, Abcite, and Plascoat brands for powder coatings. Further, it develops and supplies electrocoat, primer, the basecoat, and clearcoat products for OEMs of light and commercial vehicles; and coatings systems for various commercial applications, including HDT, MDT, bus, and rail under the Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands. The company offers products under the Audurra, Abcite, Alesta, AquaEC, Centari, Ceranamel, Challenger, Chemophan, ColorNet, Cromax, Cromax Mosaic, Durapon 70, Duxone, Harmonized Coating Technologies, Imron ExcelPro, Lutophen, Nason, Spies Hecker, Standox, Stollaquid, Syntopal, Syrox, Raptor, U-POL, and Vermeera brand names. The company was formerly known as Axalta Coating Systems Bermuda Co., Ltd. and changed its name to Axalta Coating Systems Ltd. in August 2014. Axalta Coating Systems Ltd. was founded in 1866 and is headquartered in Glen Mills, Pennsylvania.

Today's Trend

Axalta Coating Systems Ltd. (NYSE: AXTA) shares have decreased after an initial post-earnings rally, as investors weigh a quarterly earnings and revenue beat against somewhat cautious near-term guidance.

  • Second-quarter results exceeded expectations. Axalta reported adjusted EPS of $0.72, versus the $0.65 consensus estimate and $0.64 a year earlier. Revenue rose 3.1% year over year to $1.35 billion, also surpassing analysts’ $1.31 billion forecast. The company also highlighted strong EBITDA growth. Axalta Releases Second Quarter 2026 Results
  • Baird raised its price target. Robert W. Baird increased its target for AXTA from $35 to $37, implying approximately 6.2% potential upside. However, it maintained a Neutral rating, limiting the bullish signal. Benzinga analyst price target report
  • Investors are comparing Axalta’s performance with its basic-materials peers. Recent coverage evaluates AXTA’s year-to-date returns against Carpenter Technology and the broader sector, which may influence relative-value trading but provides no major new company-specific catalyst. Axalta and basic-materials peer performance
  • Third-quarter guidance was slightly below expectations. Axalta forecast Q3 2026 EPS of $0.70, compared with the $0.72 analyst consensus. Full-year EPS guidance of $2.55–$2.70 brackets the $2.59 consensus, but the lower end may reinforce concerns about limited earnings momentum. Axalta Q2 earnings and guidance
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