Axalta Coating Systems Ltd [AXTA] stock is trading at $35.39, up 2.02%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AXTA shares have gain 3.45% over the last week, with a monthly amount drifted -9.42%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Axalta Coating Systems Ltd [NYSE: AXTA] stock has seen the most recent analyst activity on December 18, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $41 from $45. Previously, KeyBanc Capital Markets downgraded its rating to Sector Weight on December 17, 2024. On November 13, 2024, Evercore ISI initiated with a Outperform rating and assigned a price target of $47 on the stock. Wolfe Research started tracking the stock assigning a Peer Perform rating. UBS downgraded its rating to a Neutral and raised its price target to $36 on January 08, 2024. Citigroup started tracking with a Buy rating for this stock on June 14, 2023, and assigned it a price target of $37. In a note dated February 17, 2023, RBC Capital Mkts upgraded an Outperform rating on this stock and boosted its target price from $30 to $36.
Axalta Coating Systems Ltd [AXTA] stock has fluctuated between $30.40 and $41.65 over the past year. Currently, Wall Street analysts expect the stock to reach $44.14 within the next 12 months. Axalta Coating Systems Ltd [NYSE: AXTA] shares were valued at $35.39 at the most recent close of the market. An investor can expect a potential return of 24.72% based on the average AXTA price forecast.
Analyzing the AXTA fundamentals
Axalta Coating Systems Ltd [NYSE:AXTA] reported sales of 5.26B for the trailing twelve months, which represents a growth of 0.84%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.18 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.85.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 35.09 points at the first support level, and at 34.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.64, and for the 2nd resistance point, it is at 35.88.
Ratios To Look Out For
For context, Axalta Coating Systems Ltd’s Current Ratio is 2.00. In addition, the Quick Ratio stands at 1.42 and the Cash Ratio stands at 0.4. Considering the valuation of this stock, the price to sales ratio is 1.47, the price to book ratio is 4.05 and price to earnings (TTM) ratio is 23.87.
